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Iran Issues Highest-Ever Banknote as War Drives Cash Hoarding and Inflation Spirals

Anietie David -
Iran has introduced a new 10 million rial banknote, its highest-ever denomination, as authorities struggle to manage spiralling inflation and meet surging demand for physical cash during the US-Israel war that has crippled the country's financial infrastructure.

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Blackstone’s $48 Billion Private Credit Fund Posts First Loss in Three Years

Anietie David -
Blackstone's flagship $48 billion private credit fund suffered its first monthly loss in more than three years during February, as loan markdowns and broader market declines weighed on returns amid intensifying scrutiny of the $2 trillion private credit industry.
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Canadian Oil Producers Set for $66 Billion Windfall as Iran War Drives Price Surge

Anietie David -
Canadian oil producers stand to gain up to C$90 billion ($65.6 billion) in additional revenue if crude prices maintain the elevated levels reached since the Iran war began, positioning the country as a major beneficiary of Middle East turmoil while intensifying calls for new export infrastructure.
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India Burns Through $20 Billion in Reserves Defending Rupee as Iran War Hits Economy

Anietie David -
India's central bank is burning through foreign exchange reserves at an unprecedented pace to defend the rupee and contain government borrowing costs, as fallout from the US-Israeli war against Iran threatens the world's fastest-growing major economy.
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Iran Issues Highest-Ever Banknote as War Drives Cash Hoarding and Inflation Spirals

Anietie David -
Iran has introduced a new 10 million rial banknote, its highest-ever denomination, as authorities struggle to manage spiralling inflation and meet surging demand for physical cash during the US-Israel war that has crippled the country's financial infrastructure.
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Iran Conflict Triggers Naphtha Crisis, Threatening Asian Petrochemical Plant Closure

Anietie David -
The Middle East conflict is creating severe shortages of naphtha, a critical component for plastics production, threatening temporary plant closures across Asia and accelerating the collapse of Japan's and South Korea's struggling petrochemical industries.

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