Keywords: Conflict
The European Commission warned on March 10 that it may suspend or terminate funding for the Venice Biennale after organizers allowed Russia to reopen its national pavilion for the 2026 exhibition, marking Moscow’s first participation since its full scale invasion of Ukraine four years ago. European......
Oil markets swung sharply Monday after crude prices climbed above $100 per barrel for the first time since Russia’s invasion of Ukraine in 2022, while G7 governments debated whether to release strategic petroleum reserves to counter disruptions caused by the war involving the United States, Israel......
The ongoing conflict in the Middle East and the recent surge in global oil prices are significantly affecting the operations of Transavia, the low-cost airline belonging to the Air France-KLM group. Company executives say the situation is creating both operational and financial challenges for the airline. Transavia......
Western energy companies not reliant on Persian Gulf supplies are emerging as the main financial winners as the United States and Israel’s war with Iran enters its second week, with American liquefied natural gas exporters positioned for what analysts describe as one of the largest commodity windfalls......
More than a week after the United States and Israel launched strikes against Iran, European leaders remain sharply divided on how to respond, exposing deep fractures within the European Union over the conflict. The disagreement erupted publicly in Brussels when European Commission President Ursula von......
European Commission President Ursula von der Leyen has drawn sharp criticism from several European Union diplomats after remarks about Iran’s leadership during a speech in Brussels intensified internal tensions over the EU’s foreign policy authority. Speaking at the EU’s annual conference......
Iraq has prolonged the closure of its airspace for another 72 hours as the regional conflict triggered by strikes on Iran continues to disrupt aviation across the Middle East. The Iraqi Civil Aviation Authority confirmed that the country’s skies will remain closed to all arrivals, departures and......
The International Monetary Fund warned that the expanding conflict in the Middle East could push global inflation higher as oil prices approach $120 per barrel, adding new pressure to the world economy at a time when weak labor data in the United States is intensifying concerns about stagflation. IMF......
A senior official from Israel’s National Security Council warned that Iran has abandoned restraint in overseas terror operations, shifting from proxy warfare to direct attacks targeting Israelis worldwide as hostilities between Iran and the United States Israel coalition enter a second week. The......
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