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Keywords: Strait of Hormuz
Eurozone inflation picked up in February as the war involving Iran, the United States and Israel sent energy markets into turmoil and revived concerns about new price pressures in Europe. A flash estimate from Eurostat showed consumer prices in the 21-country currency bloc rising 1.9 percent year on......
European equities posted their steepest single day drop in months on Monday as investors reacted to the deepening military confrontation involving the United States, Israel, and Iran and its fallout for global trade and energy flows. The pan-European Stoxx 600 lost around 1.8 percent, while Germany’s......
Bitcoin fell to around $63,000 after coordinated US and Israeli attacks on Iran unsettled investors and triggered a rush out of riskier assets. The leading cryptocurrency slid nearly 4 percent in rapid trading, dropping from the mid‑$65,000 area to an intraday low near $63,038, before stabilizing just......
Bitcoin tumbled then rebounded over the weekend as coordinated US and Israeli strikes on Iran, and confirmation of Supreme Leader Ayatollah Ali Khamenei’s death, jolted global markets and fueled fresh concern over energy supplies through the Strait of Hormuz. The largest cryptocurrency briefly......
The latest military escalation between the United States and Iran has unsettled global financial markets and revived concerns about energy security, with potential consequences extending beyond the Gulf to economies such as Morocco. Reciprocal strikes on Iranian positions and American bases across the......
An Iranian drone strike on Saudi Aramco’s Ras Tanura refinery has forced a precautionary shutdown at one of the world’s most important oil facilities, intensifying concerns over a wider regional conflict and global energy security. The attack ignited a limited fire that was brought under......
The United States and Israel have carried out a coordinated series of strikes on Iran that killed Supreme Leader Ayatollah Ali Khamenei and shattered the country’s senior military leadership, triggering a rapid escalation across the Middle East and severe disruption to global energy and transport......
Shipping data shows that at least 150 tankers, including crude oil and liquefied natural gas vessels, have been forced to anchor in open waters near the Strait of Hormuz. Dozens more remain stationary on the opposite side of the strategic chokepoint. The maritime congestion follows recent airstrikes......
A commercial oil tanker sailing under the Palau flag was struck off the coast of Oman on Sunday, leaving four crew members injured, according to the country’s maritime security authorities. The incident occurred shortly after drone strikes targeted the commercial port of Duqm, marking a significant......