Friday 27 March 2026 - 16:20
Friday 27 March 2026 - 16:00
European stocks edged lower Friday as investors weighed the economic fallout from the ongoing Middle East war. Disruptions to energy flows through the Strait of Hormuz stoke inflation fears across the continent. The STOXX 600 fell 0.2 percent to 579.71 points. Mid-cap stocks led losses with a 1.4 percent drop. The decline capped a turbulent......
Macquarie Group analysts warn oil prices could reach a record $200 per barrel if the US-Iran war drags to June with the Strait of Hormuz effectively closed. The Australian investment bank sees a 40 percent chance of prolonged conflict versus 60 percent odds of ending by late March, per a Bloomberg-cited note. Brent crude surged Thursday then......
Asia-Pacific governments have launched urgent fiscal programs, fuel subsidies and liquidity injections to steady markets rocked by the Middle East war. The conflict pitting the United States and Israel against Iran disrupts energy supplies and undermines economic confidence across the region. A Reuters summary published Friday lists growing......
Airlines worldwide are increasing ticket prices, adding fuel surcharges, and reducing routes as jet fuel costs have nearly doubled since the outbreak of war involving Iran on February 28. Industry analysts describe the situation as the most severe disruption since the COVID-19 pandemic. Jet fuel prices have climbed from about $85 to $90 per......
Hezbollah fired over 600 rockets, drones and mortar rounds at Israeli forces and northern Israel in a 24-hour period ending Thursday, roughly double the group's prior peak of around 300 aerial threats during the 2023-2024 conflict. IDF sources confirmed to The Jerusalem Post that this barrage exceeded the daily average of about 100 attacks......
Cuban officials have reportedly turned to the Vatican for assistance in persuading the U.S. administration to relax its oil embargo, according to the Washington Post. Senior-level discussions involved Vatican representatives, including Pope Leo. Reuters could not independently confirm the report. Requests for comment to the Vatican, the White......
Futures tied to Canada’s main stock index, the S&P/TSX Composite, slipped on Friday as ongoing uncertainty surrounding the Middle East conflict kept investors cautious. Gains in oil and gold prices limited losses in the resource-heavy market. As of 06:26 a.m. ET, June futures on the TSX were down 0.2%. U.S. President Donald Trump......
Tesla shares rose 0.8% Wednesday to close at $385.95 after European registration data showed positive growth for the first time in over a year, only to shed those gains Thursday with a 1.4% drop to $380.66 as analysts cut 2026 delivery forecasts. ACEA data revealed February registrations up 11.8% year-over-year in the EU, UK and EFTA countries,......
Canada and the South American Mercosur bloc are making progress toward a free-trade agreement, with a new round of talks planned in Brasilia next month, according to sources familiar with the negotiations. Officials from Canada, Argentina, and Brazil indicated that the agreement could be finalized in 2026, potentially before September. The......
TotalEnergies stated Thursday that the world will miss the 2050 carbon neutrality target set by the Paris Agreement, prompting the French energy giant to reassess its own climate goals. The announcement in its 2026 Sustainability & Climate Progress Report marks an official retreat from a pledge first made in 2020. The company cited a transition......
Elon Musk intends to reserve up to 30% of SpaceX's upcoming initial public offering for individual investors, at least triple the typical 5-10% share in standard IPOs. Reuters reported Thursday that this approach breaks from convention, with SpaceX CFO Bret Johnsen pitching the oversized retail allocation to Wall Street alongside selective......
The war in Iran sparks widespread tourism cancellations across the eastern Mediterranean, jeopardizing the region's vital summer season just weeks before launch. Cyprus suffers the hardest hit, with short-term rental cancellation rates jumping from 15% pre-conflict to 100% immediately after Iran's March 2 drone strike on the British......
Iranian state media reported Thursday that over one million fighters stand organized for ground combat against American forces amid rising speculation of a U.S. offensive on Iran's southern coast and the strategic island of Kharg. Tasnim news agency, affiliated with the Revolutionary Guards, warned that any U.S. attempt to seize the Strait......
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