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Authorities in the United States and Venezuela are reviewing dozens of confidential oil agreements signed during the rule of former leader Nicolás Maduro, according to Bloomberg, as part of an investigation that could complicate efforts to revive the country’s struggling oil sector. The agreements, known as productive participation......
The military confrontation involving the United States, Israel and Iran entered its sixth day on March 5 with no sign of a ceasefire, as strikes and missile attacks continued across the Middle East and the conflict’s human and economic costs intensified. Israel launched new waves of air strikes across Tehran and targeted Hezbollah positions......
Gold prices recorded their sharpest one day drop of 2026 on Tuesday, falling more than 4 percent as the US dollar strengthened amid escalating tensions linked to the conflict involving Iran. The move came just one day after gold had surged above $5,390 per ounce on heavy safe haven buying triggered by geopolitical fears. Data from Trading......
After the first deaths of U.S. troops in the 2026 war with Iran, a wave of anger and irony has swept American social media, with some users demanding that President Donald Trump’s son Barron be sent to fight in the conflict. Six U.S. soldiers were killed during a U.S. military operation against Iran, according to U.S. Central Command,......
U.S. President Donald Trump has sharply criticized British Prime Minister Keir Starmer, saying he is “not Winston Churchill” after the United Kingdom initially refused to allow American forces to use British military bases for strikes against Iran. The comments have exposed one of the deepest tensions in recent years between Washington......
Germany has confirmed that it will not send military forces to the Eastern Mediterranean despite recent drone strikes targeting British bases in southern Cyprus. Government spokesman Stefan Kornelius stated Wednesday that the situation is being closely monitored in light of ongoing US and Israeli operations against Iran and Tehran’s......
Lebanon’s national carrier, Middle East Airlines, has announced additional flights between Beirut and Istanbul as part of temporary adjustments to its schedule this week. The changes come as several countries across the region close their airspace following the escalation of hostilities involving the United States, Israel and Iran. Lebanon,......
Gold and silver recorded their steepest single session declines of 2026 on Tuesday as a surge in the U.S. dollar and rising Treasury yields outweighed safe haven demand driven by the escalating Middle East conflict. Gold fell more than 4 percent during trading, briefly dropping below $5,000 per ounce before stabilizing near $5,137. Silver......
Fisherman Helgi Áargil says the waters of Greenland’s fjords have become increasingly unpredictable. Last year his boat became trapped in ice that broke away from a nearby glacier. This year the weather has been unusually wet. Some fishing trips bring him around 100,000 Danish kroner, about $15,700, while others produce no income......
Bitcoin climbed sharply on Wednesday, rising more than 6 percent to surpass $71,000 for the first time since early February as a wave of short liquidations and renewed institutional demand fueled a rapid market rebound. The cryptocurrency traded near $71,018 during morning trading, according to data from CoinGecko cited by Stocktwits. The......
Global oil shipping through the Strait of Hormuz has effectively halted after Iran’s Islamic Revolutionary Guard Corps declared the strategic waterway closed and threatened to attack any vessel attempting to pass, sending shockwaves through global energy markets. The crisis began on February 28 following coordinated air strikes by the......
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......
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