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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......
Gold traded near the $5,000 per ounce mark on Monday as the United States and Israel conflict with Iran entered its third week, while rising oil prices complicated expectations for interest rate cuts by the Federal Reserve and limited the metal’s upward momentum. Spot gold edged up about 0.1 percent to roughly $5,022 during early Asian......
Bitcoin climbed sharply during Asian trading on Sunday, testing the $74,000 level as escalating tensions in the Middle East and surging oil prices pushed investors toward cryptocurrencies as a hedge against geopolitical uncertainty. Other major digital assets also posted strong gains, allowing the broader crypto market to outperform traditional......
Spain has strongly criticized the recent surge of violence in Lebanon, describing the situation as unacceptable and urging all sides involved in the conflict to immediately stop hostilities. Spanish Foreign Minister José Manuel Albares expressed concern about the humanitarian impact of the conflict, stating that the Lebanese population......
A recent report suggests that West Germany played a covert financial role in the development of Israel’s Dimona nuclear reactor in the Negev Desert. According to the investigation, from 1961 to 1973, Bonn transferred approximately 140–160 million German marks annually to Israel through secret loan arrangements, totaling nearly......
Tensions in the Middle East have escalated further after Iran’s powerful military force, the Islamic Revolutionary Guard Corps, issued a strong warning against Israeli Prime Minister Benjamin Netanyahu. According to statements published on the official platform of the Iranian force, the Revolutionary Guards vowed to pursue Netanyahu......
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