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Commodity prices to surge 23pc, warns World Bank

WASHINGTON: Global commodity prices are set to surge 23 per cent in 2026, the World Bank said on Wednesday, citing rising energy prices and disruption...

Oct 29, 2026 · Staff
Originally on Wedgetail
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U.S. warns allies to prepare for possible Iran strikes, retaliation after elections, say sources

The U.S. has told regional allies that the new round of military action could last for several days, but regional officials are bracing for Iran and i...

Oct 29, 2026 · Staff
Originally on Wedgetail
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RBC Flags Risks of Renewed US Strikes on Iran Despite Diplomacy

Renewed US military strikes against Iran remain possible despite a flurry of diplomatic activity in recent days ahead of the midterm elections, accord...

Oct 29, 2026 · Staff
Originally on Wedgetail
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Trump floats plans of naming Hormuz Strait into Trump Strait again

The US leader also added that more oil is currently flowing out of the waterway "that it was seven months"

Oct 29, 2026 · Staff
Originally on Wedgetail
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Lynas Expects One-Month Shutdown at Malaysian Rare-Earths Plant

Lynas Rare Earths Ltd. said planned maintenance at its refinery in Malaysia would cut production this quarter, but expects stockpiles of the critical ...

Oct 29, 2026 · Staff
Originally on Wedgetail
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As Iran war drags on, airlines pull back on fuel hedges and warn on fares

Jet fuel accounts for 30% to 40% of airlines' costs, with European and Asian carriers historically hedging more of their fuel needs than U.S. rivals.

Oct 29, 2026 · Staff
Originally on Wedgetail
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S. Korea to conditionally ease diesel export restrictions amid stable crude supplies

South Korea will ease export restrictions currently imposed on diesel starting in November on condition that domestic supply remains stable, the indus...

Oct 29, 2026 · Staff
Originally on Wedgetail
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Siam Cement, PTT Global Forge $5.5 Billion Petrochemical Deal

Siam Cement Pcl and PTT Global Chemical Pcl agreed to combine Thai olefins and polyolefins businesses valued at 187 billion baht ($5.5 billion), seeki...

Oct 29, 2026 · Staff
Originally on Wedgetail
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PACNEWS TWO, 29 OCTOBER 2026

In this bulletin: 1. PACIFIC — GCF invests US$15m in Pacific climate businesses fund2. UN — Ocean’s ability to absorb carbon is weakening as climate c...

Oct 29, 2026 · Staff
Originally on Wedgetail
News
China’s Green Exports Enough to Offset Brazil’s Emissions: CREA

Chinese exports of clean technologies this year could offset the equivalent of Brazil’s annual emissions from fossil fuels, underscoring the Asian cou...

Oct 29, 2026 · Staff
Originally on Wedgetail
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Taiwan inflation could rise if energy subsidies end: Central bank

Oct 29, 2026 · Staff
Originally on Wedgetail
News
Peace Talks Won’t Save Oil Buyers From $100-Plus Oil

Middle East nations have renewed their diplomatic efforts, with high-level delegations from Saudi Arabia, Turkey and Pakistan having met with Iranian ...

Oct 29, 2026 · Staff
Originally on Wedgetail