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Keywords: Iran
Foreign ministers from the Association of Southeast Asian Nations (ASEAN) on Friday called for an immediate ceasefire in the Middle East as tensions continue to escalate across the region. The appeal came during a special virtual meeting hosted by the government of the Philippines, where......
United States forces struck Iran’s Kharg Island, the country’s primary oil export hub, as the conflict involving Iran entered its third week, while Iran’s Islamic Revolutionary Guard Corps warned that US military positions in the United Arab Emirates are now legitimate targets. The......
Companies around the world are rapidly introducing energy surcharges as the oil shock linked to the Iran conflict pushes costs higher across transport, manufacturing, agriculture, and consumer industries. Economists warn that the combination of rising inflation and slowing economic growth is reviving......
The United States has announced a reward of up to 10 million dollars for information about Iran’s new supreme leader Mojtaba Khamenei and several senior Iranian officials, intensifying pressure on Tehran’s leadership as the conflict involving Iran enters its third week. The US State Department......
Wealth managers in Switzerland are preparing for a surge of capital from Gulf investors as the conflict involving Iran shakes financial confidence in Middle Eastern economic hubs. Bankers and advisers overseeing more than one trillion dollars in assets say wealthy individuals across the Gulf are considering......
Bitcoin mining companies are more vulnerable to fluctuations in the price of Bitcoin than to rising electricity costs triggered by higher oil prices, according to a new analysis examining the impact of the Iran related oil shock on the cryptocurrency industry. A report released this week by Luxor Technology’s......
Iranian drone attacks have dropped sharply since the start of the conflict, according to US Defense Secretary Pete Hegseth, but Gulf countries continue to face strikes from Iranian unmanned aircraft targeting civilian and strategic infrastructure. Speaking on March 13, Hegseth said Iranian kamikaze......
European equity markets posted their first back to back weekly decline of the year as the military confrontation involving Iran pushed oil prices higher and deepened economic uncertainty across the region. While energy producers and utilities gained from the surge in crude prices, banks, airlines, and......
Germany is intensifying diplomatic efforts to help end the ongoing conflict involving Iran, as concerns grow across Europe about the political, economic and security consequences of a prolonged war. Speaking during a visit to military exercises in northern Europe, German Chancellor Friedrich Merz stressed......