Keywords: Global
Global oil markets surged into sharp volatility after Iran warned it could halt all oil shipments passing through the Strait of Hormuz, a key maritime corridor that carries about 20 percent of the world’s crude supply. Crude prices briefly climbed above 100 dollars per barrel this week for the......
Ethereum has returned to the center of attention in global cryptocurrency markets as trading activity increases and development across its ecosystem expands. Recent price volatility has drawn renewed focus to the world’s second largest digital asset after Bitcoin. Market swings in recent sessions......
OPEC has maintained its global oil demand projections even as supply disruptions linked to the war involving Iran shake energy markets. The organization confirmed that Saudi Arabia led a significant increase in production in February, raising output by 250,000 barrels per day in what appears to have......
Twelve days after the outbreak of a widening conflict involving the United States, Israel and Iran, the Gulf region continues to face sustained waves of Iranian missile and drone attacks that have struck every member of the Gulf Cooperation Council, caused civilian casualties and killed U.S. personnel,......
Shell, TotalEnergies, and several companies in Asia have declared force majeure on downstream contracts linked to Qatari liquefied natural gas deliveries, according to a Reuters report citing sources familiar with the matter. The move follows Qatar’s own force majeure declaration earlier in March......
Morocco has joined an international coalition aimed at expanding the financing and development of civil nuclear energy projects as part of the global effort to accelerate decarbonization. The announcement was made during a nuclear energy summit held in Paris, where participating countries reaffirmed......
Global stock markets experienced renewed volatility this week as sharp movements in oil prices and shifting signals from the conflict involving the United States and Iran unsettled investors. In the United States, the S&P 500 closed down 0.2 percent on Tuesday, March 10, after surrendering earlier......
Gold is trading at an unusual discount in Dubai, one of the world’s most important hubs for physical bullion trade, as conflict involving the United States, Israel, and Iran disrupts transport routes and breaks the supply chains linking the precious metal to global markets. Traders in Dubai are......
BYD Co., the world’s largest electric vehicle manufacturer, is exploring potential entry into top tier international motorsport, including Formula 1 and the FIA World Endurance Championship, as part of a strategy to strengthen its global brand presence, according to Bloomberg. The Shenzhen based......
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