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11.03.26 - 09:24
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Prasad: Defense Spend to Tighten Mideast Economy Budgets (Bloomberg)
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Oil traded lower after the Wall Street Journal reported of an IEA proposal for record release of reserves to tackle elevated prices triggered by the Iran war. This comes as shipping through the Strait of Hormuz has come to an effective halt leading to major Gulf producer to cut output. Aathira Prasad, Macroeconomics Director at Nasser Saidi & Associates spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the knock on effects of the defense spend on Middle Eastern economies. (Source: Bloomberg)...
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11.03.26 - 09:02
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Odd Lots: War in Iran Is Creating a Fertilizer Crisis (Podcast) (Bloomberg)
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We all know that the war with Iran has sent oil prices spiking. But it's also pushing up the cost of all sorts of chemicals, including fertilizers like urea, ammonia and other nitrogen products that are essential for food production. This is all happening at the worst possible time — just before the spring planting season, when fertilizer is most needed. And while farmers have seen higher spot prices for things like urea before, notably back in 2022, there are already signs that this crisis migh...
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11.03.26 - 08:36
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Rheinmetall′s 2026 Outlook Falls Short of Estimates (Bloomberg)
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Rheinmetall AG posted a 2026 sales outlook of €14 billion to €14.5 billion ($16.3 billion to $16.9 billion), falling short of analyst expectations at a critical time for the German defense company. Bloomberg's Oliver Crook breaks down the numbers....
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