Morgan Stanley has challenged a long-held belief in global markets that gold reliably protects portfolios during crises, arguing that recent price movements resemble those of a risk asset rather than a traditional safe haven. In a note released this week, the bank’s strategists pointed to stronger fundamentals in silver and aluminum. Since......
Oil prices rose slightly on Friday but remained on track for their sharpest weekly decline since June 2025, with both West Texas Intermediate and Brent crude down करीब 10% over the week, as tensions in the Middle East continued to disrupt confidence in global supply routes. The decline follows a sharp selloff earlier in the week after......
A team of researchers has digitally reconstructed the face of a woman who lived around 6400 years ago in what is now Morocco, offering a rare glimpse into prehistoric populations in North Africa. The reconstruction was carried out by Ancestral Whispers using advanced imaging techniques and academic data. The woman’s remains were discovered......
Bitcoin crossed $72,000 Friday, fueled by cautious optimism over upcoming US-Iran ceasefire talks and anticipation of a key inflation report later in the day. The top cryptocurrency rose 1.6% to around $72,159 early session, positioning for a roughly 7.3% weekly gain as risk appetite improved to support digital assets. The rally followed......
Global markets posted broad gains Friday as investors showed cautious optimism ahead of high-stakes US-Iran peace talks set to begin Saturday in Islamabad, Pakistan. The rebound remains fragile. Israeli strikes in Lebanon threaten to shatter the two-week truce, and the Strait of Hormuz stays largely closed to maritime trade. The ceasefire......
Futures for Canada’s main stock index, the S&P/TSX, fell slightly on Thursday as investors assessed ongoing developments in the Middle East, while uncertainty over the Strait of Hormuz reopening drove oil prices higher. June TSX futures were down 0.13% as of 5:22 a.m. ET (9:22 a.m. GMT). Heightened geopolitical risks followed Israeli......
A six-week conflict involving the United States, Israel, and Iran has triggered Asia's worst energy crisis in decades, with surging fuel prices, severe LPG shortages, and widespread economic fallout. A fragile two-week ceasefire announced April 7 offers only tentative relief. Wood Mackenzie's April 6 analysis shows Asia's spot......
Spain has strongly condemned recent Israeli airstrikes on Lebanon, accusing Israel of violating international law and a recently brokered two-week ceasefire. Spanish Foreign Minister Jose Manuel Albares highlighted the attacks as reckless and illegal during a parliamentary address in Madrid. Madrid has positioned itself as one of the most......
U.S. stock markets posted sharp gains Wednesday, their strongest session in a year, after the United States and Iran agreed to a two-week ceasefire. The truce raised hopes of easing an oil shortage that had stalled the economy. The Dow Jones Industrial Average climbed 1,325 points, or 2.85 percent. The S&P 500 rose 2.5 percent, and the......
As conflict involving the United States, Israel, and Iran continues to destabilize global energy markets and effectively close the Strait of Hormuz, China's long-running transition toward electric vehicles and renewable energy is providing the world's largest crude oil importer with a notable economic buffer against surging oil prices. Reuters......
Israeli Air Force jets carried out a large-scale overnight operation targeting three Tehran airports, destroying dozens of aircraft, helicopters, and military infrastructure in what the Israeli military described as an effort to degrade Iran's aerial capabilities. The strikes, confirmed Monday by the Israel Defense Forces, hit Bahram Airport,......
Israel’s Elbit Systems is preparing to start deliveries of Watchkeeper X drones to Romania under a 1.89 billion lei ($428.75 million) contract, following delays that raised concerns from Romanian officials. The agreement, signed in 2022 for seven unmanned aerial systems, was originally scheduled for deliveries to begin in 2025. Romanian......
A third Turkish-flagged vessel has successfully crossed the Strait of Hormuz, Turkish Minister of Transport and Infrastructure Abdulkadir Uraloğlu announced Monday, marking another incremental diplomatic step for Ankara as it works to free its merchant fleet from a waterway effectively closed by Iran since late February. The tanker Ocean......
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