Spanish Prime Minister Pedro Sanchez assured on Wednesday that ongoing tensions in the Middle East would not reduce his country’s commitment to Ukraine as it continues to face Russian aggression. During a joint press conference with Ukrainian President Volodymyr Zelenskiy, both leaders highlighted new cooperation agreements in defense......
Global investor confidence has fallen to its lowest level in six months as the war involving Iran and growing stress in private credit markets push fund managers toward their most defensive positioning since the early stages of the COVID-19 pandemic. Bank of America’s March global fund manager survey, covering 210 institutional investors......
Goldman Sachs warned that the ongoing conflict involving the United States, Israel and Iran is driving sharper increases in refined fuel prices than in crude oil, even as Brent remains above 100 dollars per barrel amid one of the largest supply disruptions on record. The bank’s commodities team, led by Daan Struyven, raised its short-term......
Slovenia’s prime minister has raised concerns about possible foreign interference in the upcoming national elections following reports that officials from the Israeli private intelligence firm Black Cube allegedly visited the country in December and met with the main opposition leader. Journalists and activists from the 8 March Institute......
The United Arab Emirates briefly shut its airspace on Tuesday as missile and drone exchanges between Iran and Israel intensified, with explosions reported in several Gulf cities and new strikes launched across multiple fronts. Residents in Dubai and Doha reported hearing blasts as air defense systems intercepted incoming projectiles. UAE......
Oil prices rose sharply on Tuesday as renewed concerns over the Strait of Hormuz erased the previous day’s relief rally, highlighting ongoing disruption in one of the world’s most critical energy corridors. Brent crude climbed nearly 3 percent to around $103 per barrel, while US benchmark West Texas Intermediate rose to about......
Asian equities advanced on Tuesday, supported by renewed investor interest in artificial intelligence stocks, while oil prices continued to rise amid ongoing geopolitical tensions in the Middle East. The MSCI Asia Pacific index excluding Japan gained 0.9 percent in early trading. South Korea’s Kospi led the region with a 2.4 percent......
Morocco’s phosphate industry is expected to remain stable despite mounting pressure across global fertilizer markets, as geopolitical tensions disrupt supply chains and push up production costs for key inputs. Fitch Ratings said rising tensions in the Middle East, including disruptions linked to the United States, Israel, and Iran conflict,......
A Greek parliamentary committee has approved the acquisition of a multi-layer air and drone defense system, along with the upgrade of 38 F-16 fighter jets, at a total estimated cost of around 4 billion euros ($4.6 billion), according to sources familiar with the matter. Greece is negotiating with Israel to supply a significant portion of......
Oil prices climbed above 100 dollars per barrel on Monday as the conflict involving the United States, Israel, and Iran entered its third week, with a drone strike on the port of Fujairah in the United Arab Emirates intensifying concerns about global energy supply disruptions. Brent crude traded near 105 dollars per barrel while West Texas......
Commercial shipping through the Strait of Hormuz has halted completely as the conflict involving Iran enters its third week, marking one of the most severe disruptions to global energy supply chains in decades. Maritime analytics firm Windward reported that vessel traffic through the strategic waterway fell to zero on March 14 and 15. These......
Oil prices climbed above 100 dollars per barrel at the start of the week as the conflict involving the United States, Israel, and Iran entered its third week, raising concerns about prolonged disruption to global energy supplies. West Texas Intermediate, the main United States benchmark, rose to around 100 dollars per barrel, while Brent......
As the United States and Israel war against Iran enters its third week, President Donald Trump faces mounting pressure from allies and some advisers to clarify the objectives and potential endgame of the conflict. Despite repeated declarations of victory from Washington, Iranian forces continue to launch missiles and drones across the Middle......
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