Keywords: War
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......
Former Algerian president Liamine Zeroual has died at the age of 84 after a long illness, the presidency of Algeriaannounced on Sunday. A three-day national mourning period has been declared in his honor, with flags to be flown at half-mast across the country and in diplomatic missions......
One month into the U.S.-Israeli war against Iran, the economic shockwaves of the conflict are spreading well beyond the Middle East, pressing households and industries across three continents. Iran's effective blockade of the Strait of Hormuz, through which roughly one fifth of global oil and liquefied......
Four weeks into the war between the United States, Israel and Iran, the near-total paralysis of the Strait of Hormuz has blocked one third of global seaborne fertilizer trade, triggering a price surge and prompting the United Nations to warn of a "systemic shock" to global food systems as planting......
The war in Iran, now entering its second month, is sending cascading economic shockwaves across Southeast Asia, where surging energy costs are rapidly translating into food insecurity and social unrest. The United Nations Food and Agriculture Organization warned Thursday that the conflict in the Persian......
The head of the International Energy Agency has declared that the global energy shock caused by the Iran war is the most severe on record, warning that no country will be spared its effects as oil prices surge and critical supply routes remain severed. IEA Executive Director Fatih Birol, speaking at......
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