Oil prices surged and stock markets slid after hard-line Ayatollah Mojtaba Khamenei was chosen to succeed his late father as Iran’s supreme leader.
US, Israel War on Iran LIVE: Brent crude recovers 6% to $96 per barrel after G7 intervention
Earlier today, G7 held an emergency meeting to address surging oil prices after Brent crude prices neared $120/barrel. The International Energy Agency called for a coordinated release of emergency …
UAE and Turkey intercept Iranian missiles, as UK chancellor warns inflation rate likely to rise due to war
Earlier, a meeting of G7 finance ministers and the International Energy Agency ended apparently without agreement to release strategic oil reserves.
UAE and Turkey intercept Iranian missiles, as UK chancellor warns inflation rate likely to rise due to war
Earlier, a meeting of G7 finance ministers and the International Energy Agency ended apparently without agreement to release strategic oil reserves.
Crude oil prices spike as a broadening Iran war threatens both transport routes and production
The price of Brent crude, the international benchmark, briefly surged to $119.50 per barrel on Monday — its highest level since the summer after Russia invaded Ukraine in 2022. West Texas Intermediate …
Vietnam mulls removing fuel duties as Mideast war hits supplies
Vietnam is considering a plan to scrap tariffs on fuel imports, the government said, as the US-Israeli war with Iran disrupts oil supplies and pushes prices to their highest level since 2022. Since …
Dubai property stocks tumble 20 per cent; what it means for investors
Dubai real estate stocks have plunged 20% in just five days as tensions escalate in West Asia following the Iran-US-Israel conflict.
Tehran threatens to confiscate property of Iranians abroad who back attacks on Iran
DUBAI, March 9 (Reuters) – Iranians living abroad could have property confiscated and face other legal penalties if they express support for the United States and Israel, the Iranian prosecutor …
Tehran Warns It Will Confiscate Property of Iranians Abroad Who Back U.S. Strikes
Tehran has threatened to confiscate the assets of Iranian nationals living abroad who assist or support the United States and Israel in their war with Iran.
India offered sanctuary to Iranian ship three days before US sank it
The Iranian warship Iris Dena was given permission by India to dock three days before it was torpedoed by a US submarine, India has said. Foreign Minister S Jaishankar said Iran had sought permission …