The Wire Daily
The Wire Daily
Oil Shock Meets Labour Reversal as Three Crises Converge on European Capitals
US payrolls turn negative for the first time since 2020 while European gas prices post their biggest weekly jump in three years, forcing policymakers to confront stagflation risks as Iran conflict enters its second week.
The Wire Daily
Strait of Hormuz Closure Triggers Oil Shock as China Sets Lowest Growth Target on Record
Energy markets convulse while Beijing pivots to self-reliance, semiconductor supply chains fracture, and labour data turns negative for the first time since 2020.