Commodity ETFs see record $11 billion outflows in March

Investors pulled about $11 billion from commodity exchange-traded funds in March 2026. This marks the largest monthly withdrawal on record, per Bloomberg Intelligence data on roughly 100 ETFs in precious metals and broad commodities. The exodus reverses billions in inflows from weeks earlier amid geopolitics, Treasury yield spikes, and leveraged......

EBRD warns Iran war may cut growth by 0.4 points

The European Bank for Reconstruction and Development cautioned Tuesday that the ongoing Middle East conflict threatens economic growth across its regions. Higher energy costs, supply chain disruptions, and tighter financial conditions pose risks. Forecasts could drop 0.4 percentage points if oil prices stay elevated. In its report "Potential......

Used EV sales surge across Europe as Iran war spikes fuel prices

Europeans rush toward used electric vehicles as Iran war-driven gasoline price spikes bite. Online car sales platforms report sharp demand increases continent-wide. Consumers seek cheaper, immediate EV alternatives amid fuel cost surges. The conflict began February 28 with US and Israeli strikes on Iran. These disrupted the Strait of Hormuz,......

Bridgewater weathers macro hedge fund rout amid Iran war

March proved brutal for major global macro hedge funds as fallout from US-Israeli strikes on Iran rocked world markets. Bridgewater Associates largely sidestepped the damage. Its flagship $92 billion Pure Alpha strategy fell less than 1 percent for the month through last Friday, a person familiar with the fund told Business Insider. Rivals......

War in Iran disrupts $19 billion used car trade in Asia

US and Israeli military strikes on Iran since February 28 have thrown Asia's $19 billion used car export industry into disarray. Ships avoid the Middle East, stranding cargoes at sea and overwhelming ports from Sri Lanka to China. Dealers feel the impact acutely. Umar Ali Hyder Ali runs Yokohama-based Kobe Motor, which ships about 18,000......

Dollar slips in Asia as Iran diplomacy doubts trim Fed hike bets

The US dollar eased slightly in Asian trading Thursday. Investors parsed prospects for diplomatic efforts to de-escalate the US-Israel-Iran conflict. Expectations for Federal Reserve rate hikes by year-end fell. The US dollar index, tracking the currency against six major peers, dropped 0.1 percent. It hovered near 99.5 after its biggest......

Ancient shipwreck reveals oldest known raw iron cargo at sea

Researchers from University of Haifa have uncovered what they describe as the oldest known shipment of raw iron transported by sea, dating back about 2,600 years. The discovery was made during an underwater excavation off Israel’s northern Mediterranean coast, in the Dor lagoon near the Carmel shoreline. The team recovered nine pieces......

Asia imposes fuel rationing and shorter workweeks amid Iran war crisis

Nearly one month after US and Israeli strikes hit Iran on February 28, the effective Strait of Hormuz closure triggered Asia's worst energy crisis in decades. Regional governments rolled out fuel rationing, cut workweeks, and scrambled for alternative supplies. Asia depends on over 80% of the oil and LNG normally passing through the strait. Oil......

Jet fuel tops $4 per gallon as airlines raise fares worldwide

Jet fuel prices have more than doubled since the US-Israeli war against Iran began late February. They surpassed $4 per gallon this week, per Airlines for America data. Airlines globally pass costs to travelers amid peak spring break and rising summer bookings. United Airlines CEO Scott Kirby warned employees on March 20 of the hit. Fuel......

Israeli airstrike hits Christian town north of Beirut for first time

An Israeli airstrike targeted Sahel Alma, a Christian city north of Beirut, on Tuesday. State media and Reuters reported it as the first strike on this area amid the escalating Israel-Hezbollah war. Witnesses heard multiple explosions and saw white smoke rising, though no immediate casualties emerged. The attack signals Israel's air campaign......

European stocks rally on US-Iran ceasefire proposal

European markets surged Wednesday after reports of a US ceasefire proposal to Iran sparked hopes for de-escalation in the month-old Middle East conflict. The advance lifted travel and finance stocks while pushing oil below $100 a barrel. The STOXX 600 rose 1.3% to 586.73 points mid-morning in London, recouping losses from a volatile war-tied......

UN reports over 6,000 housing units approved in West Bank settlements

A UN report briefed to the Security Council on March 24 revealed continued high levels of Israeli settlement activity in the occupied West Bank and East Jerusalem. Planning authorities advanced or approved more than 6,000 housing units over three and a half months. Eight Council members issued a joint statement demanding an immediate halt......

Silver surges past $73 as US-Iran conflict sustains safe-haven demand

Silver climbed sharply in early trading on March 25, breaking above $73 per ounce as investors continued to seek refuge in precious metals amid a US-Iran conflict now approaching its fourth week. The white metal gained more than 5% from the previous session's close, according to COMEX futures data, extending its recovery from a March low......

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