Oil shock from Iran conflict spreads surcharges across global economy

Companies around the world are rapidly introducing energy surcharges as the oil shock linked to the Iran conflict pushes costs higher across transport, manufacturing, agriculture, and consumer industries. Economists warn that the combination of rising inflation and slowing economic growth is reviving fears of stagflation on a global scale. Over......

Apple foldable iPhone screen enters mass production ahead of 2026 launch

Apple is moving closer to launching its first foldable smartphone, with display panels for the device expected to enter mass production in May, according to a leak reported by 9to5Mac citing Chinese tipster Instant Digital. The device, widely referred to as the iPhone Fold, is expected to debut alongside the iPhone 18 Pro and iPhone 18 Pro......

Diesel shortages threaten farming across continents amid Iran conflict

A growing diesel shortage triggered by disruptions to global energy supplies is threatening agricultural activity across multiple continents, raising concerns about rising food prices in the months ahead. Two weeks after the start of the US Israeli conflict involving Iran, the effective closure of the Strait of Hormuz has disrupted shipments......

United States offers $10 million reward for information on Iran leader

The United States has announced a reward of up to 10 million dollars for information about Iran’s new supreme leader Mojtaba Khamenei and several senior Iranian officials, intensifying pressure on Tehran’s leadership as the conflict involving Iran enters its third week. The US State Department revealed the reward on Friday through......

Yale researchers identify circular RNA that boosts HIV replication

Scientists at Yale University have discovered that HIV produces a circular RNA molecule that helps the virus activate its genes and replicate more efficiently. The finding reveals a previously unknown layer of HIV biology and could open new avenues for antiviral therapies. The study, published on March 12 in Nature Microbiology, identified......

Bitcoin miners face greater risk from falling BTC price than oil surge

Bitcoin mining companies are more vulnerable to fluctuations in the price of Bitcoin than to rising electricity costs triggered by higher oil prices, according to a new analysis examining the impact of the Iran related oil shock on the cryptocurrency industry. A report released this week by Luxor Technology’s Hashrate Index found that......

Iraq faces salary crisis as oil exports collapse during Iran conflict

Iraq is confronting a severe economic shock as the near collapse of its oil exports threatens the government’s ability to pay public sector salaries as early as next month. Officials warn that the country’s oil dependent economy is approaching a fiscal crisis after the disruption of its main export routes during the regional conflict......

Iranian drone attacks decline but continue striking Gulf allies

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......

European stocks record first consecutive weekly drop of 2026 amid Iran war

European equity markets posted their first back to back weekly decline of the year as the military confrontation involving Iran pushed oil prices higher and deepened economic uncertainty across the region. While energy producers and utilities gained from the surge in crude prices, banks, airlines, and industrial companies faced mounting pressure......

Mathematicians overturn 150 year geometry rule using torus surfaces

A team of mathematicians has demonstrated that a long-standing principle in differential geometry proposed more than 150 years ago is not universally valid. By constructing two distinct torus-shaped surfaces that share identical geometric measurements and curvature properties, the researchers showed that these local data do not always determine......

US judge reinstates union contract for 320,000 veterans’ agency workers

A federal judge has reinstated a union bargaining agreement covering 320,000 employees of the United States Department of Veterans Affairs, reversing a cancellation that was carried out under an executive order by former President Donald Trump. The ruling, issued by U.S. District Judge Melissa DuBose in Providence, Rhode Island, addresses......

Egypt introduces five-year multiple-entry visa for Moroccan citizens

Egypt has introduced a new five-year multiple-entry visa for Morocco citizens, allowing them to travel to the country as often as they wish within a five-year period. Each stay under this visa can last up to 90 days, according to statements from Ahmed Abdel-Latif, who announced the new measure in Rabat on Friday. The initiative aims to facilitate......

Berkshire Hathaway opposes shareholder proposal on workforce oversight, reports Buffett’s pay

Berkshire Hathaway Berkshire Hathaway Inc announced that its board of directors unanimously recommended rejecting a shareholder proposal requesting a report on the company’s workforce and human-capital oversight framework across its diverse operating businesses. In a proxy statement for its upcoming annual meeting on May 2 in Omaha,......

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