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Iranian drone attacks have dropped sharply since the start of the conflict, according to US Defense Secretary Pete Hegseth, but Gulf countries continue to face strikes from Iranian unmanned aircraft targeting civilian and strategic infrastructure. Speaking on March 13, Hegseth said Iranian kamikaze drone attacks had fallen by about 95 percent......
Shares of CF Industries Holdings surged more than 13 percent on Thursday, reaching a record high as the escalating conflict involving Iran disrupted global fertilizer supply chains. The nitrogen fertilizer producer closed at $136, up $15.87 for the session after touching an intraday peak of $137.44. Trading volume exceeded 14 million shares,......
Bloomberg LP has told employees based in Gulf countries, including those at its regional headquarters in Dubai, that they may temporarily relocate and work from outside the region as Iranian attacks continue to escalate, according to a company spokesperson speaking to Reuters. The move makes Bloomberg one of several major financial and media......
The U.S. dollar strengthened this week, with the dollar index rising above 99.00 to its highest level since late November 2025 as investors moved toward safe haven assets amid escalating conflict in the Middle East. The index traded near 99.34 on Thursday after reaching an intraday high close to 99.76. The move marks a gain of roughly 2.5......
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......
The latest global billionaire ranking published by Forbes reveals that although the number of Arab billionaires has slightly declined, their total wealth has grown significantly over the past year. According to the report, the Middle East and North Africa (MENA) region now counts 37 Arab billionaires in 2026, compared with 39......
BlackRock chief executive Larry Fink said a military conflict with Iran could ultimately reduce global energy prices over the long term, offering a view that contrasts with the current surge in oil markets. Speaking Wednesday at BlackRock’s US Infrastructure Summit in Washington, Fink argued that a broader opening of Iran’s energy......
Dutch airline KLM said Wednesday it will cancel all flights to and from Dubai until March 28 as the conflict affecting the Middle East continues to disrupt aviation routes across the region. In a statement, the airline said the decision was taken because of ongoing instability in the region. “Due to the persistent unrest in the Middle......
OPEC has maintained its global oil demand projections even as supply disruptions linked to the war involving Iran shake energy markets. The organization confirmed that Saudi Arabia led a significant increase in production in February, raising output by 250,000 barrels per day in what appears to have been a precautionary move ahead of military......
Twelve days after the outbreak of a widening conflict involving the United States, Israel and Iran, the Gulf region continues to face sustained waves of Iranian missile and drone attacks that have struck every member of the Gulf Cooperation Council, caused civilian casualties and killed U.S. personnel, while triggering one of the most severe......
Global oil markets have experienced extreme volatility this week, with crude prices swinging by tens of dollars within hours as traders struggled to interpret conflicting signals from Washington about the United States conflict with Iran and the security of the Strait of Hormuz. Brent crude futures surged to nearly $120 per barrel when markets......
Saudi Aramco expects to reach the full capacity of its East West crude oil pipeline within days as Saudi Arabia works to maintain exports while the Strait of Hormuz remains effectively closed due to Iranian military control. Chief Executive Amin Nasser warned that the crisis represents the most serious disruption the regional oil and gas industry......
Several major Wall Street banks have offered employees in the United Arab Emirates the option of temporarily relocating as missile and drone attacks linked to the conflict involving Iran continue to affect the Gulf region. Goldman Sachs, Morgan Stanley and Citigroup have informed staff in the UAE that they may move to alternative locations......
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Iran under the lens
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First 100 days of the second Donald Trump presidency
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Les Impériales Week 2025: The Paradigm Shift – Business. People. Tech
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