Oil CEOs warn Trump administration the Iran war could deepen the energy crisis as Strait of Hormuz shipping stalls and crude prices surge past $100.
Retail sales rose 2.8% in the first two months, accelerating from 0.9% in December and topping the 2.5% median forecast of economists surveyed by Bloomberg.
According to the Dubai Media Office, the drone struck a fuel tank near the airport, resulting in a blaze.
The evacuations were organised through a company called Al-Majd, which presents itself online as a humanitarian organisation that “supports Palestinian lives” and provides aid to Muslim communities in conflict zones.
The missile was fired on Sunday as part of Tehran’s continuing retaliation against the U.S. and Israel, according to Iranian state-linked broadcaster PressTV.
Asked what type of support he expects, Trump said the coalition could involve minesweepers and forces capable of addressing threats along Iran’s coastline.
Dubai Police shuts down airport road and airport tunnel as restoration work continues
Araghchi explained although recovery could be considered in the future, any such effort would only take place under the supervision of the relevant international body, the International Atomic Energy Agency.
Wall Street Journal reported the Trump administration plans to announce as early as this week that multiple countries have agreed to form a coalition to escort ships through the Strait of Hormuz.
New Delhi believes it is more productive to 'reason and coordinate' with Tehran to find a way forward rather than avoid engagement, the minister said
Qatar and Kuwait could each see their gross domestic product contract by 14% this year should the conflict continue through April
Italy said a drone struck the Ali Al Salem airbase in Kuwait, damaging equipment but causing no injuries. Officials stressed personnel safety and said the country does not believe it was targeted.
Countries in the Gulf region have used significant numbers of air-defence missiles to counter Iranian Shahed drones.
The 'Finalissima' match between European champions Spain and Copa America winners Argentina that was scheduled to be held in Qatar later this month has been cancelled
Organizers said they were working closely with the FBI and Los Angeles police after a federal warning of a possible Iranian threat against California
Israel has approved an $827 million emergency defence budget amid the ongoing war with Iran. The funds will support urgent military purchases, while officials denied reports of missile interceptor shortages.
External Affairs Minister S. Jaishankar held talks with several foreign ministers, including counterparts from Saudi Arabia, the UAE and Indonesia, discussing West Asia tensions and rising energy concerns linked to the Strait of Hormuz.
Iran’s Foreign Minister Abbas Araghchi rejected talks with the United States, saying Tehran sees no reason for negotiations. He stated Iran is defending itself and linked Strait of Hormuz access to ongoing attacks.
Buyers in Asia are most reliant on flows from the Middle East, so the speed of reserve releases is particularly key for the region
Benjamin Netanyahu News : The speculation had spread widely across social media after conspiracy theories alleged that the Israeli Prime Minister had died and that a recent televised appearance was generated using artificial intelligence.
US Energy Secretary Chris Wright said he expects the war with Iran to end within weeks, predicting gas prices will fall once stability returns, despite current disruptions to global oil flows.
Top US and Chinese officials met in Paris to review their trade truce, discussing tariffs, rare earth supplies, agricultural purchases and tensions linked to the Iran war, ahead of possible Trump-Xi meetings.
Tens of millions of Vietnamese voted in parliamentary elections largely dominated by Communist Party candidates, with the ruling party expected to maintain control as the country continues economic reforms.
Fitch Ratings says global economic growth is expected to remain steady in 2026 despite geopolitical tensions, but warns prolonged high oil prices could slow growth and increase inflation worldwide.
The International Energy Agency on Wednesday announced the largest-ever release of emergency oil stocks in its history
Pakistan has introduced sweeping austerity measures, including salary cuts, travel bans, reduced fuel use and limits on wedding guests, as the economic fallout from the US-Israel-Iran war pressures its fragile economy.
Crude benchmark Brent rallied 11% last week, hitting a high of $119.50 a barrel — back toward levels seen after Russia’s invasion of Ukraine — before closing just above $103.
According to Larijani, Tehran opposes such scenarios and does not support terrorist acts. However, the Iranian side did not provide any evidence to support the claim.
Israel has warned the United States it is running critically low on ballistic missile interceptors as the war with Iran intensifies, raising concerns over the sustainability of its air defence systems.
The Pentagon identified six US Air Force airmen killed in a KC-135 refuelling aircraft crash in western Iraq during Operation Epic Fury, as investigations continue and tributes pour in for the crew.
Iran’s Foreign Minister Abbas Araghchi urged countries to avoid actions that could escalate the war with Israel and the United States, as tensions rise and threats around the Strait of Hormuz disrupt regional stability.
Iranian missiles struck central Israel, including Tel Aviv, as some projectiles bypassed air defences. Separately, a drone attack sparked a fire at the Lanaz refinery in Erbil.
The speculation also comes after Howard Stoffer, a former White House insider, recently warned about potential security risks facing Yair Netanyahu amid heightened tensions linked to the ongoing conflict involving Israel.
His remarks come as the conflict in the region entered its third week, with Iran simultaneously issuing a series of warnings about intensifying its response to the United States and Israel.
Gulf countries have used large numbers of air-defence missiles to counter Iranian attack drones and have turned to Ukraine for expertise, given its extensive experience defending against similar systems used by Russia.
Indian authorities arrested a Bangladeshi man for allegedly helping two suspects in Sharif Osman Hadi’s killing cross into West Bengal illegally.
Clashes between the two sides have intensified along the border in recent weeks, disrupting cross-border trade and forcing residents near the frontier to flee their homes.
Despite signs of progress, Punch still spends stretches of time alone and occasionally faces rough play from older monkeys.
The threat came hours after Netanyahu’s office dismissed online claims that the Israeli leader had been assassinated, saying he was “fine”.
Iran’s new Supreme Leader Mojtaba Khamenei is alive but critically injured, with the IRGC tightly controlling his communications, sources say.
The concern comes at a time when another crucial route, the Strait of Hormuz in the Persian Gulf, is already under severe pressure amid the conflict.
Washington is weighing tanker escorts, air strikes and even ground operations as it looks for ways to restore shipping through the world’s most important oil chokepoint.
The deployment could allow Washington to strike Iranian positions near the Strait of Hormuz as attacks on shipping intensify.
Reporters, executives and political insiders are all trying to reach the president directly on his private iPhone.
The surge in oil prices following the Strait of Hormuz disruption is boosting revenues for American producers even as global energy supplies face a severe shock.
Dozens of fabricated videos and images showing explosions, destroyed cities and damaged warships are circulating widely online, creating confusion about what is really happening on the battlefield.
Rising fuel costs are already pushing up gasoline prices, and economists say food bills, airline tickets and even the job market could feel the effects if the conflict drags on.
Benjamin Netanyahu’s office dismissed assassination claims after a viral video triggered speculation online.
Donald Trump said Tehran is signalling willingness to negotiate but the US will only agree if the terms are “very solid”.
Indian warships have been deployed near the Persian Gulf to support merchant ships heading towards India amid rising tensions in West Asia.