Middle East

108 articles with this tag

Oil Tops $100 as Iran Shuts the World's Oil Chokepoint Economy

Oil Tops $100 as Iran Shuts the World's Oil Chokepoint

Iran's closure of the Strait of Hormuz has sent Brent crude surging past $100 a barrel, triggering the IEA's largest-ever emergency reserve release of...

Redakcia
WHO: Iran 'Black Rain' Threatens Health After Oil Strikes Science

WHO: Iran 'Black Rain' Threatens Health After Oil Strikes

The World Health Organization has warned of toxic 'black rain' falling across Iran after US-Israeli strikes set oil depots ablaze, releasing hydrocarb...

Redakcia
IEA Releases Record 400M Barrels to Offset Hormuz Shutdown Economy

IEA Releases Record 400M Barrels to Offset Hormuz Shutdown

The International Energy Agency has authorized the largest emergency oil reserve release in its 50-year history — 400 million barrels from 32 member n...

Redakcia
Israel Hits Tehran Again; G7 Readies Emergency Oil Reserves Economy

Israel Hits Tehran Again; G7 Readies Emergency Oil Reserves

Israel launched a second wave of airstrikes on Tehran on Tuesday night, targeting areas near Mehrabad International Airport, as G7 finance ministers s...

Redakcia
Economy

Oil Hits $119 as Iran War Triggers Global Recession Fear

Crude oil surged to its highest level since 2022 on day ten of the US-Israel war against Iran, as the Strait of Hormuz remains effectively closed and...

Redakcia
Hormuz Crisis: Fuel Prices Soar, MOL Faces Stress Test Economy

Hormuz Crisis: Fuel Prices Soar, MOL Faces Stress Test

The Iranian blockade of the Strait of Hormuz and the disruption of the Druzhba pipeline are simultaneously putting pressure on Hungary's energy supply...

Redakcia
Explosion Near US Embassy in Oslo: Terror Motive Not Ruled Out Science

Explosion Near US Embassy in Oslo: Terror Motive Not Ruled Out

Norwegian police are investigating an early morning explosion of an incendiary device near the consular entrance of the US Embassy in Oslo. No injurie...

Redakcia
Mojtaba Khamenei Named Iran's Supreme Leader Amid War Economy

Mojtaba Khamenei Named Iran's Supreme Leader Amid War

Iran's Assembly of Experts elected Mojtaba Khamenei as the country's new Supreme Leader on March 8, 2026, following his father Ali Khamenei's assassin...

Redakcia
V4 Urges EU for Joint Gas Reserves After Iran Crisis Economy

V4 Urges EU for Joint Gas Reserves After Iran Crisis

The conflict in Iran and the closure of the Strait of Hormuz have triggered a new energy shock in Europe. The Visegrad Group countries are responding...

Redakcia
Iran War Drives Mortgages Above 6%, Stalling Housing Living & Furniture

Iran War Drives Mortgages Above 6%, Stalling Housing

Escalating conflict with Iran has pushed U.S. 30-year mortgage rates back above 6%, threatening the spring buying season, while global home price grow...

Redakcia
Spain Defies Trump and Merz in NATO Standoff Economy

Spain Defies Trump and Merz in NATO Standoff

German Chancellor Friedrich Merz joined Donald Trump in Washington to pressure Spain to increase its defense spending in NATO, while Madrid refuses to...

Redakcia
Four Charter Flights from Riyadh to Bring Hungarians Home Economy

Four Charter Flights from Riyadh to Bring Hungarians Home

The Hungarian government is launching a total of four charter flights from Riyadh to Budapest on March 7th and 8th to evacuate thousands of Hungarian...

Redakcia