Friday 06 - 13:20
Asian financial markets ended a volatile week with mixed results on Friday as oil prices eased slightly after days of sharp swings triggered by the escalating conflict involving Iran. The fighting, now in its seventh day, has disrupted global energy flows and unsettled investors across major asset classes. The turmoil began after the United......
The euro has dropped to around $1.16 against the US dollar, its lowest level since late 2024, as escalating conflict involving Iran pushes investors toward safe haven assets and raises fears of stagflation across energy dependent European economies. The currency’s decline accelerated following joint US and Israeli strikes on Iran in......
Amazon said it resolved a widespread service disruption on Thursday after a technical issue prevented tens of thousands of customers from completing purchases, viewing prices, or accessing their accounts for several hours. The outage began around 2 p.m. Eastern Time on March 5 and lasted roughly six hours. Reports tracked by the monitoring......
Iranian intelligence officials have indicated a willingness to open discussions with the US Central Intelligence Agency in an effort to end the five day conflict between Iran and the US Israeli coalition, according to a report by The New York Times. The diplomatic signal briefly lifted financial markets but was met with strong skepticism in......
Italian Prime Minister Giorgia Meloni said Rome intends to provide air defense assistance to Gulf states affected by Iranian retaliatory strikes, joining the United Kingdom, France and Germany in pledging military support to the region. Speaking to Italian radio station RTL 102.5 on March 5, Meloni said the planned assistance would focus......
The Canadian dollar strengthened against several major European currencies this week as crude oil prices climbed sharply amid escalating tensions involving Iran, the United States and Israel. The USD/CAD exchange rate traded near 1.3660 on Wednesday, with the Canadian dollar holding firm even as global safe haven demand supported the US currency. The......
The United States and Israel have intensified their joint military campaign against Iran, with US Defense Secretary Pete Hegseth stating that American and Israeli forces are close to achieving full control of Iranian airspace as the conflict enters its sixth day. Speaking to reporters at the Pentagon, Hegseth said the two allies were on the......
The military confrontation involving the United States, Israel and Iran entered its sixth day on March 5 with no sign of a ceasefire, as strikes and missile attacks continued across the Middle East and the conflict’s human and economic costs intensified. Israel launched new waves of air strikes across Tehran and targeted Hezbollah positions......
After the first deaths of U.S. troops in the 2026 war with Iran, a wave of anger and irony has swept American social media, with some users demanding that President Donald Trump’s son Barron be sent to fight in the conflict. Six U.S. soldiers were killed during a U.S. military operation against Iran, according to U.S. Central Command,......
Germany has confirmed that it will not send military forces to the Eastern Mediterranean despite recent drone strikes targeting British bases in southern Cyprus. Government spokesman Stefan Kornelius stated Wednesday that the situation is being closely monitored in light of ongoing US and Israeli operations against Iran and Tehran’s......
Lebanon’s national carrier, Middle East Airlines, has announced additional flights between Beirut and Istanbul as part of temporary adjustments to its schedule this week. The changes come as several countries across the region close their airspace following the escalation of hostilities involving the United States, Israel and Iran. Lebanon,......
Global oil shipping through the Strait of Hormuz has effectively halted after Iran’s Islamic Revolutionary Guard Corps declared the strategic waterway closed and threatened to attack any vessel attempting to pass, sending shockwaves through global energy markets. The crisis began on February 28 following coordinated air strikes by the......
The conflict in the Middle East is reshaping the global energy debate as rising oil and gas prices renew calls for a faster transition to renewable power. As the military confrontation involving the United States, Israel and Iran enters its second week, disruptions to fossil fuel supply chains have prompted energy executives and climate groups......
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