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Economy Politics Country 2026-03-01T19:21:39+00:00

Brent Oil Soars After Strikes on Iran

Brent crude jumped 10% to around $80 per barrel on Sunday after US and Israeli strikes on Iran triggered military escalation. Analysts forecast further price increases to $100 per barrel.

Brent Oil Soars After Strikes on Iran

Traders reported that Brent crude jumped 10% to around $80 per barrel in off-market trading on Sunday. Analysts predict prices could rise to $100 after US and Israeli strikes on Iran sparked a war.

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Iran Closes Strait of Hormuz
2026-03-04T07:35:00+00:00

Iran Closes Strait of Hormuz

An Iranian IRGC advisor announced the closure of the strategic strait and warned of decisive measures against any tankers. He emphasized the readiness of the armed forces for retaliatory actions and stated that the region's oil will not fall into enemy hands.
Politics Economy Country
Global Markets React to Conflict with Iran
2026-03-03T22:09:19+00:00

Global Markets React to Conflict with Iran

Global markets are volatile amid the ongoing conflict with Iran. Analysts are monitoring the economic impact and calling for diplomacy.
Economy Politics Events Country
Iran Bans Export of Food and Agricultural Products
2026-03-03T16:26:02+00:00

Iran Bans Export of Food and Agricultural Products

The Iranian government has imposed a complete ban on the export of all food and agricultural products. The decision was made on Tuesday. This is a response to US actions.
Economy Politics Country
Iranian General Threatens Strait of Hormuz, Trump Claims Iran's Air and Navy Forces "Are Gone"
2026-03-03T16:21:17+00:00

Iranian General Threatens Strait of Hormuz, Trump Claims Iran's Air and Navy Forces "Are Gone"

An Iranian Revolutionary Guard general warned against blocking the Strait of Hormuz. Investors are assessing macroeconomic repercussions. Journalist Esquivel reported the Trump administration will send officials to Congress to explain its actions. Expert Marta Tawil called the attack's arguments false. European markets and gas prices are reacting to the conflict's escalation.
Politics Economy Country
Container Ships in Strait of Hormuz
2026-03-03T07:18:20+00:00

Container Ships in Strait of Hormuz

CEO of Ocean Network Express reported that 100 container ships out of 750 are stuck in the Strait of Hormuz due to recent US and Israeli attacks on Iran.
Politics Economy Country