Keywords: Iran war
Market turbulence triggered by the American-Israeli military campaign against Iran has taken a heavy toll on the world's wealthiest individuals, erasing more than $255 billion in combined net worth from six of the ten richest people since January, according to the Bloomberg Billionaires Index. Oracle......
The largest artificial intelligence infrastructure buildout in history is facing a serious threat. S&P Global warned Monday that the combined $635 billion Microsoft, Amazon, Alphabet, and Meta plan to spend on AI data centers, chips, and related infrastructure in 2026 could be disrupted by persistently......
The war involving Iran has disrupted global energy markets, cutting about 8 million barrels of crude oil per day and a fifth of global liquefied natural gas supply. Far from the Strait of Hormuz, African energy producers are emerging as long-term beneficiaries of the shock. Major producers including......
Israel and the United States intensified their air campaign against Iran over the weekend, striking power plants, missile production sites, and nuclear facilities across Tehran and surrounding provinces as the conflict entered its second month. Iran retaliated with waves of drones and missiles targeting......
European Union energy ministers will meet by videoconference on Tuesday, March 31, to coordinate a joint response to the oil and gas market disruptions triggered by the war in Iran, according to an internal EU briefing document cited by Reuters. The emergency session comes as European natural gas prices......
The U.S. dollar climbed toward a 10-month high on Monday as the war between the United States, Israel, and Iran entered its fifth week with no clear path to resolution, buoyed by safe-haven capital flows and surging oil prices that rattled global markets throughout March. The dollar index traded around......
The Spanish government has closed its airspace to U.S. aircraft involved in the ongoing conflict against Iran, according to Defense Minister Margarita Robles. Spain’s left-leaning government has expressed strong opposition to U.S.-Israeli military actions in the region. Robles clarified that the......
Asian currencies and equity markets came under heavy selling pressure on Monday as the U.S. and Israeli military campaign against Iran, now entering its fifth week, continued to push oil prices higher and deepen risk aversion across the region. South Korea's Kospi plunged 4.73 percent at the open......
European Union energy ministers are scheduled to meet on Tuesday to discuss a coordinated response to disruptions in oil and gas markets caused by the ongoing conflict involving Iran, according to an internal EU briefing. Europe’s heavy dependence on energy imports has exposed it to rising prices......
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