Lal Warns Middle East Tensions Could Increase Cost of Living

Lal warns Middle East tensions could increase cost of living

Opposition Member of Parliament Virendra Lal has warned that escalating tensions in the Middle East could significantly increase the cost of living in Fiji, as rising oil and freight prices begin to affect global markets. Speaking in Parliament yesterday, Mr Lal said the ongoing conflict involving the United States, Israel and Iran had already pushed crude oil prices above $US100 ($F220) a barrel. “Over the past week, we have observed significan…

ABC The Business – markets on edge as Middle East tensions escalate

I joined ABC News to discuss the market reaction to the escalating conflict in the Middle East. Surging oil prices and concerns about supply disruptions have rattled global markets, prompting investors to reassess risks and reduce exposure to equities. Watch here: ABC The Business. This post was contributed by a representative of Montgomery Investment Management… Continue reading →

Middle East Tensions And The Impact On Global Oil Markets

Middle East Tensions And The Impact On Global Oil Markets Middle East Tensions And The Impact On Global Oil Markets Trinidad and Tobago Today March 10, 2026 T&T TodayEnergy Strategy and Policy Advisor, Anthony Paul joins us via phone to unpack the surge in global oil prices and how rising tensions in the Middle East are influencing energy… The post Middle East Tensions And The Impact On Global Oil Markets first appeared on TTT News.

Middle East crisis: have markets overreacted?

He said rates showed signs of moderating after the initial shock, which has seen oil prices spiral and speculation intensify over potential interest rates