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On 12 Apr 2026 Riyadh announced it had returned the East-West crude pipeline and the Manifa field to pre-attack levels within 72 hours of strikes that had knocked out 700 kbpd of throughput and 300 kbpd of output, leaving only the Khurais field still partly offline.
On 11 April 2026 New Delhi raised the export duty on diesel from ₹21.5 to ₹55.5 per litre and on aviation turbine fuel from ₹29.5 to ₹42 per litre, taking effect immediately to choke off refiners’ export-led windfalls amid West Asian war-driven price spikes.
On 11 Apr 2026, pilots’ union Vereinigung Cockpit announced a two-day strike across Lufthansa Group for 13–14 April, intensifying the labour conflict that had already grounded most flights during a cabin-crew stoppage on 10 April.
Counterpoint’s preliminary Q1 2026 figures show Apple growing iPhone shipments 5 % YoY to seize a 21 % global share, nudging past Samsung in a March quarter for the first time while total smartphone volumes slipped 6 %.
On 9 Apr 2026 IMF chief Kristalina Georgieva said the Fund will cut its upcoming World Economic Outlook and is bracing to lend up to $50 billion to countries hit by the US-Israel–Iran war’s energy shock.
Fresh data released 9–10 Apr 2026 show the Iran-war energy spike slashing U.S. Q4-2025 GDP growth to 0.5 % while pushing German inflation to a two-year high, even as February industrial production suddenly rebounded 7 % in Sweden and 2.2 % in Türkiye, highlighting an increasingly uneven global response to the same oil shock.
In an April 9 2026 letter, Airports Council International Europe told EU commissioners that systemic jet-fuel shortages will hit European airports by early May unless tankers regain stable passage through the Strait of Hormuz.
On 9 April 2026, IMF chief Kristalina Georgieva warned that the war begun on 28 Feb has forced the Fund to prepare for up to US$50 billion in rapid-fire balance-of-payments loans and to slash the 2026-27 global growth forecast.
On 9 Apr 2026, an early 5–8 % oil price spike was mostly unwound after PM Netanyahu ordered immediate peace talks with Lebanon, leaving Brent and WTI up only about 1 % while tanker flow through the Strait of Hormuz stayed under 10 % of normal during the uneasy US-Iran ceasefire.
A two-week ceasefire brokered on 8-9 April 2026 between the US and Iran knocked Brent crude back below $100 a barrel, trimming the war-driven risk premium yet leaving governments from Australia to South Africa warning of record pump hikes and debating tax relief.
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