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The suspension of liquefied natural gas production in Qatar after Iranian drone strikes has disrupted global energy markets and forced India’s largest LNG importer to declare force majeure as supply shortages ripple across Asia. QatarEnergy halted operations at its Ras Laffan complex on March 2 after drones struck energy facilities......
The European Union has indicated that it is prepared to take action to protect its economic interests and those of its member states following recent threats from US President Donald Trump against Spain regarding trade relations. On Wednesday, representatives of the European Union stated that the European Commission......
The United States has expanded evacuation efforts across the Middle East after Iranian drone strikes targeted American diplomatic facilities in Saudi Arabia and the United Arab Emirates, marking a further escalation in the growing military confrontation between Washington and Tehran. Iranian drones struck the U.S. embassy compound in Riyadh......
The conflict in the Middle East is reshaping the global energy debate as rising oil and gas prices renew calls for a faster transition to renewable power. As the military confrontation involving the United States, Israel and Iran enters its second week, disruptions to fossil fuel supply chains have prompted energy executives and climate groups......
Chinese researchers working on an ambitious space based solar power project say the technology could eventually serve purposes beyond clean energy generation, including the possibility of weakening typhoons and wirelessly recharging satellites across space. Duan Baoyan, the chief scientist behind China’s “Zhuri” space solar......
Asian currencies recorded their steepest losses of 2026 this week as the fallout from coordinated U.S. and Israeli strikes on Iran drove investors toward the U.S. dollar, pushing the South Korean won beyond a key threshold not seen since the global financial crisis. The won weakened past the psychological level of 1,500 per dollar early Wednesday......
Asian stock markets fell sharply on Wednesday as escalating tensions involving the United States, Israel and Iran rattled investor confidence and pushed oil prices higher across global markets. South Korea’s Kospi index plunged as much as 10 percent, triggering circuit breakers that temporarily halted trading. Other major regional benchmarks......
Air defense systems intercepted at least one drone near the U.S. consulate in Erbil on Tuesday as Iraq’s Kurdistan region endured another day of attacks linked to Iran backed militias targeting American sites. Explosions were also reported near Erbil International Airport and the Harir military base, according to regional media reports.......
Iran said U.S. Secretary of State Marco Rubio effectively acknowledged that Washington joined a voluntary conflict on Israel’s behalf after he defended the joint American Israeli military operation against Iran during remarks at the U.S. Capitol. Speaking before a closed door briefing with lawmakers on March 2, Rubio said the United......
Moderna has agreed to pay up to $2.25 billion to resolve a global patent dispute with Genevant Sciences and Arbutus Biopharma over the lipid nanoparticle technology used in its COVID-19 vaccine, Spikevax. The agreement ends years of litigation over the delivery system that enabled mRNA vaccines during the pandemic. If fully executed, the......
Toyota and Stellantis have withdrawn from Tesla’s European carbon emissions pooling arrangement for 2026, according to newly filed documents with the European Union, removing two of the largest contributors to a coalition that analysts once estimated could generate more than €1 billion annually for the electric vehicle manufacturer. The......
Israeli forces say about 300 Iranian ballistic missile launchers have been destroyed during the first six days of a joint U.S. and Israeli air campaign, but Iran’s extensive network of underground missile facilities continues to challenge efforts to eliminate the country’s missile capabilities. The strikes are part of “Operation......
Apple introduced six new devices in two days as part of one of its most ambitious spring product launches in recent years, with at least one additional announcement expected during a hands on media event scheduled for Wednesday. The rollout began Monday, March 2, when the company revealed the iPhone 17e and the iPad Air powered by the M4......
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