Thursday 19 February 2026 - 16:00
Iran’s currency has tumbled to historic lows as capital flight accelerates and oil revenues decline under renewed US sanctions, deepening strains on an economy already grappling with high inflation and social pressure over potential bread price increases. The Iranian rial weakened to around 16.3 million rials per US dollar in free market......
Russia’s flagship Urals crude is trading at its steepest discount to global benchmark Brent in nearly three years, underscoring mounting pressure on Moscow’s key export revenues as Western sanctions persist and Indian demand weakens. The discount on Urals expanded to $28 per barrel on a free on board basis at the Baltic ports......
European equities edged lower on Thursday after reaching record highs a day earlier, as investors weighed a sharp rise in oil prices against escalating tensions between the United States and Iran over Tehran’s nuclear program. The pan European Stoxx Europe 600 index fell 0.1 percent in early trading, hovering around 628 points after......
Russia’s Supreme Court has upheld a lower court ruling ordering Google to pay 91.5 quintillion roubles, roughly $1.2 quintillion, in penalties for blocking Russian state media channels on YouTube. The decision, confirmed on February 18, rejected a cassation appeal filed by Google International LLC and cements one of the largest financial......
British police on Thursday confirmed the arrest of Andrew Mountbatten-Windsor, formerly known as Prince Andrew, on suspicion of misconduct and potential offenses related to his time holding public responsibilities. According to UK media reports, officers arrived at his residence as part of an ongoing inquiry. Authorities had previously stated......
Russian air defenses intercepted 113 Ukrainian drones overnight from February 18 to 19, the Defense Ministry said Thursday, describing one of the largest waves of drone attacks on Russian territory in recent weeks. The barrage came hours after U.S.-mediated peace talks in Geneva ended without a breakthrough. According to the ministry, the......
Poland has called on all its nationals in Iran to depart immediately, warning that evacuation options could become unavailable within hours as regional tensions intensify. Prime Minister Donald Tusk urged Polish citizens to leave without delay and advised against any travel to Iran, citing what he described as a credible risk of imminent military......
The number of days marked by hot, dry and windy conditions that fuel extreme wildfires has nearly tripled globally over the past 45 years, with researchers concluding that human driven climate change accounts for more than half of the increase. A study published Wednesday in Science Advances reports that between 1979 and 1993 the world experienced......
The White House on Wednesday pressed Iran to reach a nuclear agreement with President Donald Trump as the United States continues to reinforce its military presence in the Middle East, raising the prospect of military action if diplomacy fails. White House press secretary Karoline Leavitt told reporters that diplomacy remains the president’s......
Russia said on February 18 that Western sanctions are preventing the restoration of full economic ties with the United States, with the Kremlin confirming interest in a sweeping $12 trillion cooperation proposal reportedly presented to the Trump administration. Kremlin spokesperson Dmitry Peskov told reporters that sanctions are hindering......
Michael Cannon-Brookes and Scott Farquhar, cofounders of Atlassian, have seen an estimated $7.2 billion wiped from their combined fortunes this year as investor anxiety over artificial intelligence disrupts global software stocks. The losses represent roughly one third of their collective wealth in 2026, placing the pair among the biggest......
A fire broke out Wednesday in Parand, a city in Tehran province, prompting security concerns because of its proximity to military facilities, according to local media reports. The incident comes amid heightened tensions between Iran and the United States as nuclear negotiations continue in Geneva. Iran’s state broadcaster IRIB said......
US Energy Secretary Chris Wright called on the International Energy Agency to abandon its climate related work during the organization’s ministerial meeting in Paris on Wednesday, escalating tensions that could lead Washington to withdraw from the influential global energy body. Speaking at the biennial gathering of energy ministers......
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