Latest news

United Arab Emirates
Mar 2, 2026

Middle East strikes shut down major Saudi refinery and Israeli, Kurdish, and Kurdish oil and gas fields

Saudi Arabia closed its largest domestic oil refinery after a 'drone strike' on Monday, according to a source. Across the Middle East, oil and gas facilities were...

United States
Mar 2, 2026

Five Russians injured in overnight drone attack on Novorossiysk

Local authorities reported on Monday that five people were injured and 20 buildings destroyed in a massive drone attack by the Ukrainians on Novorossiysk (a southern Russian...

China
Mar 2, 2026

Iron ore prices rise as a result of the Iran War; iron ore shipments drop

Iron ore prices recovered from earlier losses and traded higher on Monday as investors focused their attention on potentially?higher shipping rates after the Iran conflict, along with...

Israel
Mar 2, 2026

Saudi Aramco closes Ras Tanura refinery following drone strike: source

Aramco, the state oil company of Saudi Arabia, shut down its 'Ras Tanura' refinery after a 'drone strike. An industry source confirmed this on Monday. This was...

South Korea
Mar 2, 2026

T&E report: EU can reduce battery prices by up to 50% with Made in Europe plan

T&E, a campaign group for transport and the environment, said in a report on Monday that scaling up production in Europe would reduce the 'cost gap' between...

Italy
Mar 2, 2026

Morning bid for Europe-Dire Straits for global oil trade

Wayne Cole gives us a look at what the future holds for European and global markets. Everyone is now an expert in crude?shipping across the Strait of...

China
Mar 2, 2026

Palm extends its gains as it tracks Dalian and Chicago rivals

Malaysian palm oils futures continued to rise on Monday for a second consecutive session. They also reached a new high of one week, tracking the strength of...

South Korea
Mar 2, 2026

South Korea's Lee meets with Singapore's Wong to discuss AI and tech cooperation

On a visit to Singapore, South Korean President Lee Jae Myung held a summit with Singapore's Prime Minister Lawrence Wong to discuss ways of expanding their cooperation...

China
Mar 1, 2026

High stocks, steel production curbs in Tangshan and a decline in iron ore are the main reasons for this.

Iron ore prices fell on Monday. They were impacted by production curbs at China's top steel hub Tangshan as well as a slow recovery of the?steel market...

United States
Mar 1, 2026

Gold prices rise as US-Israeli strikes on Iran spur demand for safe-havens

Gold prices rose on Monday, after U.S. and Israel launched a major strike on Iran that killed the Supreme Leader Ayatollah Khamenei. This heightened geopolitical tensions, and...

China
Mar 1, 2026

Oil prices soar, stock markets tumble on Middle East turmoil

As military conflict in the Middle East appeared to be extending into the next few weeks, investors flocked to relative safety offered by the dollar and gold....

Australia
Mar 1, 2026

Malaysia renews Lynas Rare Earths' operating license for 10 years

Malaysia has renewed Lynas Rare Earths’ operating license?for ten?more?years?to 'import raw material containing natural radioactive materials and process rare Earths,' the Australian miner announced on Monday. By...

Iran
Mar 1, 2026

Iran conflict slows BOJ rate increases, putting Japan at risk of growth.

Analysts say that a prolonged Middle East conflict could lead to low growth in Japan and high inflation, if oil prices remain high and hit the import-dependent...

Africa
Mar 1, 2026

Oil prices rise as the Iran conflict escalates and disrupts shipping

On Monday, oil prices rose 7% and reached their highest level in months as Iran and Israel intensified attacks?in the Middle East. They damaged tankers?and disrupted shipments?from...

Luxembourg
Mar 1, 2026

US strikes Iran with B-2 Bombers, Anthropic AI and suicide drones

On Saturday, the United States launched a variety of weapons against Iranian targets, including Tomahawk missiles, stealth aircraft, and low-cost, one-way drones that were modeled on Iranian...

Taiwan
Mar 1, 2026

Stocks plummet as oil prices soar

As military conflict in the Middle East appeared to be extending into the next few weeks, investors flocked to relative safety, including gold, bonds and the dollar....

China
Mar 1, 2026

Russell: The key to a boost in crude oil production from OPEC+ is the duration of the disruption caused by Hormuz.

OPEC+'s decision to increase crude oil production by 206,000 barrels a day (bpd), starting in April, is likely?the most unimportant decision that the group has taken during...

Iran
Mar 1, 2026

Investors prepare for greater backlash due to Middle East conflict

Investors are increasingly concerned about the prospect of a prolonged regional war and a power struggle between Iran and Saudi Arabia. This could have ramifications on everything...

Hong Kong
Mar 1, 2026

Stocks under pressure as oil prices soar in Asia

As the Middle East conflict looked to be extending into the next few weeks, investors rushed to bonds and gold to protect themselves. This was just after...

United States
Mar 1, 2026

Analysts warn that US gasoline prices will rise after the attack on Iran

Analysts say that the U.S. retail average gasoline price is set to surpass $3 per gallon for the first time since?more than 3 months on Monday as...

United States
Mar 1, 2026

Texas bar shooting leaves three dead and 14 injured

The FBI has said that it is examining "indicators", which could'suggest an possible terrorist link to the mass shooting in Austin, Texas early Sunday morning, where police...

Israel
Mar 1, 2026

After the weekend Iran strike, Japanese yens and Swiss francs gain as safe haven currencies

The safe haven currencies of the Swiss Franc and Japanese Yen strengthened, while 'the euro' fell as trading resumed following a weekend in which?the United States and...

United States
Mar 1, 2026

After the weekend Iran strike, Japanese yens and Swiss francs gain as safe haven currencies

Safe haven currencies like the Swiss franc, Japanese yen and the euro strengthened as currency trading returned after the weekend when the United States and Israel launched...

Iran
Mar 1, 2026

Investors prepare for greater backlash due to Middle East conflict

Investors are increasingly concerned about the Middle East conflict, which has risen from a marginal risk to a major concern. They fear a prolonged regional war and...

Iran
Mar 1, 2026

Investors look for shelter in gold when the US and Israel attack Iran

Investors are closely monitoring potential safe-haven flows into bullion as a result of the U.S. and Israeli strikes against Iran. Investors, traders and analysts have reacted to...

United Arab Emirates
Mar 1, 2026

Drones attack Duqm port after hitting an oil tanker off the coast of Oman

The?maritime?security?centre of Oman said that a Palau-flagged tanker was hit on Sunday off the Musandam Peninsula injuring four people. This followed drone strikes against the commercial port...

United States
Feb 28, 2026

US uses suicide drones, Tomahawk missiles and Tomahawks to strike Iran

On Saturday, the United States launched a variety of weapons against Iranian targets, including Tomahawk missiles, stealth fighters and, for the first combat time, low-cost, one-way,?attack drones...

Syria
Feb 28, 2026

Senior Israeli official claims that Iran's Supreme leader Ali Khamenei has been killed

A senior Israeli official said that Ayatollah Khamenei was killed by Israeli and U.S. airstrikes. He had turned Iran into a powerful anti U.S. force, extended its...

India
Feb 28, 2026

India prepares for a hotter than normal summer with more heatwave days anticipated

The weather office announced on Saturday that India will 'experience a warmer-than-normal Summer this year. Heatwave days are expected to exceed the season average in March and...

Iran
Feb 28, 2026

Germany, France and UK warn Iran against attacks in the region

Germany, France, and Britain have condemned the 'Iranian' attacks on countries of?the?region on Saturday. They said that?Iran should halt its indiscriminate strikes and return to negotiations. In...

Iran
Feb 28, 2026

Market analysts react to US-Israeli strikes on Iran

United States and Israel launched attacks on Iran on Sunday, targeting its leaders and plunging Middle East into?a new conflict. President Donald Trump claimed that this would...

Germany
Feb 28, 2026

Berlin places Rosneft Units under trusteeship to control German Assets

Berlin is seeking to establish a long-term control of the German assets owned by the Russian oil company. The German government placed the German units of Rosneft...

Israel
Feb 28, 2026

The impact of tensions between the US and Iran on world markets

On Saturday, the United States and Israel attacked Iran's leadership. President Donald Trump claimed that this would eliminate a security risk and give Iranians an opportunity to...

Switzerland
Feb 28, 2026

NZZ reports that UBS intends to keep Ermotti as CEO for a longer period of time

Neue Zuercher Zeitung, a Swiss newspaper, reported that the board of directors at Swiss banking giant UBS intends to keep Chief Executive Sergio Ermotti for a longer...

United States
Feb 28, 2026

El Mencho's cartel still has power in the US after his death

El Mencho, a Mexican drug kingpin who was killed by the Mexican government is hailed as a major victory against?drug trafficking. It did not do much to...

Mining
Feb 27, 2026

President Dominican Republic says Dominican Republic has more than 150 million tonnes of rare earth deposits

President?Luis Abinader announced on Friday that the Dominican Republic had identified a?rare-earth deposit which could make it a major future'supplier of minerals essential to high-tech industries. According...

United States
Feb 27, 2026

Barclays predicts Brent could hit $80 per barrel due to tensions between the US and Iran

Barclays stated that Brent crude oil could reach around $80 per barrel in the event a material supply disruption occurs, given that tensions between Iran and the...

Energy Markets
Feb 27, 2026

Oil prices rise as stocks fall when investors take a breather from AI

Oil prices rose on Friday as a result of the possibility of supply disruptions caused by tensions between Iran and the U.S. Investors are more concerned about...

United States
Feb 27, 2026

EIA reports that US oil production fell to its lowest level since June 2025 in December.

The Energy Information Administration reported on Friday that U.S. crude oil production dropped for the second consecutive month in December, to its lowest level since June of...

United States
Feb 27, 2026

Delaware's top court affirms new corporate law reform

The Delaware Supreme Court approved on Friday the 'billionaire bill', which would limit lawsuits filed against powerful business leaders. According to the law SB?21?, if a deal...

Africa
Feb 27, 2026

Nigeria's economy grows marginally faster in the fourth quarter

Data released on Friday showed that Nigeria's economic growth grew slightly in the fourth quarter last year. It reached 4.07%, up from 3.98%, thanks to a slight...

United States
Feb 27, 2026

US construction expenditures increase in line with expectations for December

U.S. Construction Spending increased in December. This was boosted by a rebound in the single-family homebuilding industry, as well as continued strength in home improvements. The Census...

South Asia
Feb 27, 2026

WIDE IMAGE: Warmer winters have left the Pakistan Festival on thin ice

The pool in front Aleena Gul’s house, in Pakistan’s Hunza Valley, has been transformed into an ice skating rink every winter since the 1960s, with the jagged...

Qatar
Feb 27, 2026

The US Energy Secretary says that Venezuelan oil proceeds are no longer being routed through Qatar.

Chris Wright, the U.S. Energy secretary, said that proceeds from the sale of Venezuelan oil will no longer be routed through an account in Qatar. Instead they...

Ukraine
Feb 27, 2026

ArcelorMittal closes its second Ukrainian unit amid Russian attacks on the power sector

The company announced on Friday that ArcelorMittal Kryvyi Rih, Ukraine's largest steelmaker, is closing another division in Ukraine because of a 'deepening energy crises caused by Russia's...

Venezuela
Feb 27, 2026

US wants to forfeit oil tanker, 1.8 million barrels Venezuelan crude oil

The Justice Department announced on Friday that the United States is seeking to forfeit a crude oil cargo of approximately 1.8 millions barrels supplied by Venezuelan PDVSA...

United States
Feb 27, 2026

HF Sinclair's CFO Atanas Atanasov has taken a voluntary leave of absence in the wake of a disclosure review

HF Sinclair revealed in a filing that Atanas Atanasov has taken a 'voluntary leave from duty.' This comes just a week following a similar request by top...

Indonesia
Feb 27, 2026

Copper reaches four-week peak, on course for seventh consecutive monthly increase

Prices of copper hit a 4-week high on Friday and are on course for a 7th consecutive monthly gain. Demand optimism has outweighed worries about stocks piling...

Hong Kong
Feb 27, 2026

China's net gold imports through Hong Kong in January rose by almost 69% compared to December

Hong Kong's?Census and Statistics Department?data on Friday showed that China's net gold imports through Hong Kong rose by 68.7% compared to December. Data showed that the world's...

Ukraine
Feb 27, 2026

After the Ukrainian attack, tens of thousands in Belgorod are without electricity

The regional governor reported that?about 50,000 people in the Russian city Belgorod were without electricity on Friday morning after Ukrainian missiles had struck the city overnight. Governor?Vyacheslav?Gladkov...