War in the Middle East: economic impact around the world - News Summed Up

War in the Middle East: economic impact around the world


War in the Middle East: economic impact around the worldPARIS, France, March 10, 2026 (BSS/AFP) - Here are the latest economic events in the Middle East war on Tuesday:- Oil prices fall -- Comments from President Donald Trump declaring the Middle East war "pretty much" over sent oil prices down, and pushed US stocks skyward. - US to roll back oil sanctions -- Trump announced on Monday that he will waive some sanctions on oil due to the market turmoil. - "We're also waiving certain oil-related sanctions to reduce prices," Trump told reporters after his administration previously signaled it would roll back sanctions on oil exports from Russia. - G7 finance ministers -- France's finance minister said the G7 was "not there yet" in terms of any release of strategic oil reserves as the world's leading industrialised nations held crisis talks on the economic fallout of the Middle East war, even as they stand ready to do so. - Lufthansa and Air France extended flight cancellations to Middle East destinations.


Source: Bangladesh Sangbad Sangstha March 10, 2026 03:23 UTC



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