Oil surges above $100 as Iran vows to keep Strait of Hormuz closed

Global oil prices climbed back above $100 per barrel on Thursday as Iran’s new supreme leader pledged to maintain the closure of the Strait of Hormuz, intensifying the largest energy supply disruption in modern history. The conflict involving the United States, Israel and Iran has entered its third week, sending shockwaves through global......

Japan signals readiness to intervene as yen nears 160 against dollar

Japan’s finance minister Satsuki Katayama said authorities are prepared to take “all necessary measures” regarding the currency as the yen approaches its weakest level in months, raising speculation that Tokyo could step in to stabilize the market. The Japanese currency slipped below 159 per dollar on Thursday, moving closer......

Altman says AI will be sold by usage like electricity

A video clip of OpenAI chief executive Sam Altman describing artificial intelligence as a metered utility has spread widely online, reigniting debate about how access to advanced AI should be controlled and priced. Altman made the remarks during a conversation with Global Infrastructure Partners chief executive Bayo Ogunlesi at the BlackRock......

Apple launches $599 MacBook Neo, shaking up the budget laptop market

Apple has begun shipping its new MacBook Neo, a 13 inch budget laptop starting at $599, or $499 for education customers. The device marks the company’s most aggressive move into the affordable computer market and has quickly drawn strong reactions from competitors across the PC industry. The MacBook Neo, which started shipping on March......

Gold steadies near $5,175 as strong dollar offsets safe haven demand

Gold prices stabilized on Thursday after recovering from an earlier decline of nearly 1 percent, as bargain buying balanced pressure from a stronger U.S. dollar and fading expectations of near term interest rate cuts. Spot gold slipped 0.1 percent to around $5,173 per ounce, while U.S. gold futures for April delivery held steady near $5,178,......

Scientists uncover 300 million year old DNA code hidden in plant genomes

An international team of scientists has identified about 2.3 million ancestral DNA sequences that function as hidden genetic instructions across the plant kingdom. Some of these regulatory elements have remained conserved for nearly 300 million years of evolution. The findings, published March 12 in the journal Science, represent the most......

Oil prices could drop to $55 despite Strait of Hormuz crisis

Brent crude has lost roughly a quarter of its value within days after surging to nearly $120 a barrel during the peak of the Strait of Hormuz crisis. A growing number of technical and market analyses now suggest the decline could extend much further, potentially pushing prices down toward $55 per barrel. The rally that drove oil to its highest......

Asian stock markets fall as Iran conflict keeps oil near $100

Asian equity markets declined on Friday as crude oil prices hovered close to $100 a barrel, intensifying concerns that the conflict involving Iran could disrupt global energy supplies for an extended period. The selloff followed losses on Wall Street, where the S&P 500 fell 1.5 percent on Thursday to its lowest level since November. Major......

Swedish startup Lovable reaches $400 million revenue with 146 employees

Swedish software startup Lovable has reached $400 million in annual recurring revenue as of February 2026, marking one of the fastest growth trajectories in the history of software startups. The company added $100 million in recurring revenue in a single month, according to Ryan Meadows, Lovable’s chief commercial officer, in comments......

Kremlin says Russia-US cooperation could stabilize global energy markets

The Kremlin said that potential cooperation between Russia and the United States could play an important role in stabilizing global energy markets, although no concrete agreements have yet been reached. Speaking at a press briefing in Moscow, Kremlin spokesperson Dmitry Peskov stated that dialogue between......

Bitcoin short bets hit three year extreme as price drops below $70,000

Bitcoin fell below the $70,000 threshold on Thursday as surging oil prices and geopolitical tensions in the Middle East unsettled financial markets. At the same time, derivatives data shows traders have built the most aggressive short positions in nearly three years, raising the risk of a sudden market reversal. According to data from CryptoQuant,......

UBS urges investors to favor gold, dollar and TIPS amid US Iran tensions

UBS Global Wealth Management has advised investors to strengthen their portfolios with gold, the US dollar and inflation linked bonds as military tensions between the United States and Iran continue to unsettle global financial markets. The bank said these assets offer important protection against rising geopolitical risks and volatile commodity......

Iran warns oil could reach $200 as attacks disrupt shipping in Hormuz

Iran’s military leadership warned that global oil prices could surge to $200 per barrel as Iranian forces intensified attacks on commercial shipping near the Strait of Hormuz, escalating a maritime crisis that threatens one of the world’s most critical energy routes. Ebrahim Zolfaqari, spokesperson for Iran’s Khatam al-Anbiya......

This website, walaw.press, uses cookies to provide you with a good browsing experience and to continuously improve our services. By continuing to browse this site, you agree to the use of these cookies.