Breaking 17:20 Pentagon says 13 ships turned back as Iran blockade faces evasion tactics 17:00 Oil giants set to gain $234 billion windfall from war driven prices 15:40 AI firms shift from seat pricing to usage based revenue models 15:30 U.S. lawmakers revise bill aimed at Chinese chipmaking industry 15:20 Lebanon president rejects call with Netanyahu despite Trump announcement 14:45 Starlink growth surges as Spacex eyes potential public debut 14:40 Global regulators scramble as AI model raises banking cyber risk fears 14:20 Nvidia CEO admits missing Anthropic investment while defending AI dominance 14:00 Amex moves to acquire hyper in bid to expand Ai-powered expense tools 13:50 EU warns gas prices will stay high for years after war damage 13:30 Tpg invests $100 million in student mobility company zum 12:15 Bny reports higher profit driven by strong fees and interest income growth 11:20 Solana teaser on XRP fuels speculation over potential blockchain integration 11:00 Let cofounder Amir Hamza critically wounded in Lahore shooting 10:45 Chanel expands in California with the acquisition of a new vineyard estate 10:20 Gartner warns most ai driven mainframe migrations will fail 09:40 Bitcoin proposal seeks to freeze satoshi era coins over quantum risk 09:20 Researchers hijack ai agents via github prompt injection attacks 09:00 Mars bathtub ring discovery points to long lasting ancient ocean 08:40 Largest gravity test confirms Newton and Einstein across cosmic scales 08:20 Ai models can pass hidden traits through unrelated data study finds 07:50 Nikkei hits record high as US Iran talks lift markets


G7 weighs oil reserve release as Iran war sends markets swinging

Oil markets swung sharply Monday after crude prices climbed above $100 per barrel for the first time since Russia’s invasion of Ukraine in 2022, while G7 governments debated whether to release strategic petroleum reserves to counter disruptions caused by the war involving the United States, Israel......

US LNG exporters gain windfall as Iran conflict disrupts global gas supply

Western energy companies not reliant on Persian Gulf supplies are emerging as the main financial winners as the United States and Israel’s war with Iran enters its second week, with American liquefied natural gas exporters positioned for what analysts describe as one of the largest commodity windfalls......

Volkswagen profits plunge as tariffs and China competition hit 2025 results

Volkswagen reported a sharp decline in profits for 2025, with operating earnings falling by more than half as U.S. tariffs and intensifying competition in China weighed on the German automaker’s performance. The company said it expects only a modest recovery in 2026 as it adapts to what executives......

US stocks rebound late as Trump signals Iran war may end soon

U.S. stock markets recovered sharply late in the trading session after President Donald Trump suggested the war involving the United States and Israel against Iran could soon come to an end, easing some of the pressure from an energy shock that had shaken global markets earlier in the day. Oil prices......

Defense stocks surge to record highs as US Iran war enters second week

Defense companies on Wall Street reached new record levels as the military campaign involving the United States and Israel against Iran entered its second week, driving investors toward aerospace and weapons manufacturers expected to benefit from rising global defense spending. Shares of Lockheed Martin......

SAS raises fares as Iran war drives oil above $100

Scandinavian airline SAS has introduced a temporary fare adjustment on its flights as surging jet fuel prices push airlines to pass rising energy costs onto passengers. The move comes as the war involving the United States and Israel against Iran drives crude oil prices above $100 per barrel for the......

Oil surge to $120 revives global push for renewable energy

The ongoing war involving the United States and Israel against Iran has disrupted a significant share of global energy supplies, pushing oil prices sharply higher and renewing calls worldwide to accelerate the transition toward locally produced renewable energy. Now entering its second week, the conflict......

Oil above $100 fuels surge in global agricultural prices

Agricultural markets rose sharply Monday as crude oil prices climbed above $100 per barrel, driven by the escalating conflict involving Iran and disruptions to energy supply routes. The surge in oil prices has triggered ripple effects across global food markets, increasing fertilizer costs and boosting......

G7 weighs record oil reserve release as war drives crude above $100

Finance ministers from the Group of Seven held an emergency virtual meeting Monday to discuss a coordinated release of strategic oil reserves as global crude prices surged above $100 per barrel amid the escalating conflict involving Iran. The call, scheduled for 08:30 Eastern Time, included International......

India adds 24 billionaires, reaching 308 in latest global rich list

India's billionaire population climbed to 308, an increase of 24 from the previous year. The Hurun Global Rich List 2026, released Saturday, places the country third worldwide behind the United States and China. This expansion reflects sustained wealth creation amid strong economic momentum and robust......

Asian markets tumble as oil surpasses $100 for first time since 2022

Asian stock markets fell sharply after oil prices climbed above $100 per barrel for the first time since 2022, sending shockwaves through global financial markets and intensifying fears that the expanding conflict involving Iran could trigger stagflation. Brent crude jumped as much as 20 percent to......

IMF warns Middle East conflict could reignite global inflation

The International Monetary Fund warned that the expanding conflict in the Middle East could push global inflation higher as oil prices approach $120 per barrel, adding new pressure to the world economy at a time when weak labor data in the United States is intensifying concerns about stagflation. IMF......

Asian stock markets plunge as oil prices surge past $115

Stock markets across Asia fell sharply on Monday as crude oil prices jumped above $115 per barrel, heightening concerns that escalating tensions between the United States and Iran could damage the global economy. South Korea’s Kospi index dropped more than 8 percent, triggering a circuit breaker......

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