Brent oil hits highest level since 2022 amid Iran conflict

Oil prices have surged to their highest levels in nearly four years as the conflict involving Iran disrupts global energy supply, raising inflation risks and reviving concerns about stagflation. Brent crude closed at $112.19 per barrel on Friday, its highest level since July 2022. In the United States, the average price of regular gasoline......

China warns of ‘vicious cycle’ if Middle East conflict escalates

China has issued a strong warning against further escalation in the Middle East, cautioning that continued military action could trigger a “vicious cycle” of instability across the region. Speaking at a press briefing, Chinese Foreign Ministry spokesperson Lin Jian called on all parties involved in tensions affecting the strategically......

Gold extends sharp decline as rate cut hopes fade in March

Gold and silver continued to fall at the start of the trading week, extending a multiweek selloff driven by tight US monetary policy, a stronger dollar and renewed inflation concerns linked to rising energy prices amid the Iran conflict. Gold futures dropped sharply early in the session, adding to losses that have made March 2026 one of the......

Air Canada plane collides with vehicle at LaGuardia airport, traffic disrupted

An aircraft operated by Air Canada was involved in a collision with a ground vehicle at LaGuardia Airport in New York City late Sunday night, causing major disruptions to air traffic and raising concerns over airport safety procedures. According to local emergency services, the incident occurred at approximately 11:38 p.m. local time on March......

Thailand faces deadline to erspond to U.S. Section 301 trade investigation

Thailand has been given until April 15 to submit its response to a United States trade investigation under Section 301 of the Trade Act of 1974, according to the country’s commerce ministry. Officials warned that failure to provide a detailed explanation could expose Thai exports to additional tariffs. The investigation is part of a......

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