Oil prices climbed above $100 a barrel on Monday as the US Navy prepared to block ships to and from Iran via the Strait of Hormuz, Reuters writes. Brent crude futures rose $6.96, or 7.3%, to $102.16 ...
Economy
The US military said it will begin a blockade of all maritime traffic entering and exiting Iranian ports and coastal areas on Monday, after weekend talks failed to reach a deal to end the war with Ir...
The European Bank for Reconstruction and Development (EBRD) will invest €5 billion in 2026 in the economies of countries most affected by the war in Iran, according to a statement from the London-base...
US President Donald Trump has announced that starting April 8, countries supplying weapons to Iran will be subject to a 50% tariff. The American leader shared the statement on Truth Social. “A Country...
Due to the severe contraction in fuel stocks, operational restrictions have been introduced at four strategic Italian air transport hubs: Milan Linate, Bologna, Venice and Treviso, Euronews writes. Ac...
Oil prices rose and shares fell after US President Donald Trump made a primetime televised speech about the Iran war on Wednesday, the BBC writes. The price of benchmark Brent crude was trading at abo...
The Eurasian Economic Union (EAEU) is seeking greater engagement from Armenia and Kyrgyzstan in cooperation with other member states, Russia’s Deputy Prime Minister Alexey Overchuk has said, accordin...
The US administration is studying the potential impact on the American economy if oil prices rise to as much as $200 per barrel. According to Bloomberg sources, modeling a scenario in which energy pri...
Philippine President Bongbong Marcos has declared a state of “national energy emergency”, citing risks to the domestic fuel supply and energy stability created by the Middle East war, Al Jazeera write...
Fatih Birol, head of the International Energy Agency (IEA), has warned that the ongoing war in the Middle East has made the situation “very serious,” even more so than the two oil crises of 1973 and 1...
Gold slid more than 5% on Monday, reaching its weakest level of 2026, Reuters writes. Spot gold fell 5.8% to $4,226.16 per ounce. The metal dropped more than 10% last week, its worst week since Febr...
Iranian attacks have knocked out 17% of Qatar’s liquefied natural gas (LNG) export capacity, causing an estimated $20 billion in lost annual revenue and threatening supplies to Europe and Asia, Qatar...
