Breaking News

World in energy crisis worse than 1970s’ oil shocks combined, IEA head says
Energy crunch prompted by Iran war poses 'major threat' to global economy, Fatih Birol says.

Hedge Funds Feed Dollar Gains as US, Iran Exchange Threats
The dollar advanced and traders bet on further gains for the reserve currency as the war in the Middle East entered its fourth week and the US exchanged threats with Iran.

European Stocks Sink Into Correction on Trump’s Iran Escalation
European stocks slumped, with the Stoxx Europe 600 Index on course for a correction from its February record high, as the conflict in the Middle East escalated.

Why do the West's farmers pay the price for war in Iran?
Rising oil prices caused by the war in the Gulf has caused an "overnight shock" to west country farmers.

Asia stocks slide as US and Iran threaten to escalate war
The International Energy Agency chief said the war could lead to the world's worst energy crisis in decades.

AI Startup Upstage in Talks to Buy 10,000 AMD Chips in Korea
Korean AI startup Upstage is in discussions with Advanced Micro Devices Inc. to buy 10,000 of its latest AI accelerators as part of an effort to bring large-scale compute into the country.

IDF Says It Started Wide-Scale Strikes on Infrastructure
Israel launched a wave of airstrikes on infrastructure in Tehran and said it’s preparing to expand ground operations in Lebanon, where it’s fighting Iran-aligned Hezbollah. Defense Minister Israel Katz said at the weekend that the intensity of Israeli and US military attacks on Iran and its infrastructure would “increase significantly”