Caixin

CX Daily: Energy Shockwaves From U.S.-Iran War Hit Global Economy

Published: Apr. 8, 2026  9:00 a.m.  GMT+8
00:00
00:00/00:00
Listen to this article 1x

TOP STORIES

Cover Story: Energy Shockwaves From U.S.-Iran War Hit Global Economy

Raffy, who works in Manila, usually drives the three-hour journey home for the Easter holidays. Shortly after midnight on April 1, however, he found himself stranded at a packed bus terminal, as soaring fuel costs upended his travel plans. Diesel prices in the Philippines have more than doubled since the U.S.-Iran conflict erupted in late February, turning routine travel into an increasingly expensive luxury.

FINANCE & ECONOMY

Analysis: Just How Moderate Will China’s ‘Moderate Easing’ Be?

loadingImg
Register to read this article for free.
Register

Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.

Subscribe to both Caixin Global and Bloomberg - for the price of one.

Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST