The US government bond market headed for its best week since the start of the war on Iran as oil prices declined in anticipation of an agreement to end the conflict.
Argentina’s state-owned airline canceled special flights for the World Cup from three provincial cities to Miami for fans of the reigning champions amid rising fuel costs stemming from the war in Iran and lower demand globally than initially expected.
India lowered its forecast for this year’s monsoon, a blow to farmers who are already contending with higher input costs due to the Middle East conflict.
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