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New Iranian supreme leader calls for defiance, keeps key waterway shut
Oil tops $100 as fresh Iran attacks offset stockpiles release
Oil tops $100 as fresh Iran attacks offset stockpiles release

Oil prices soared Thursday, briefly trading above $100, and stock markets extended losses as fresh attacks against Gulf energy targets offset the release of crude reserves by major economies.

March 12, 2026

RECENT NEWS

Fears grow for French loans at Louvre Abu Dhabi as war rages
Fears grow for French loans at Louvre Abu Dhabi as war rages

The escalating Middle East war has raised concerns over the safety of masterpieces on loan from France to the Louvre Abu Dhabi, sparking questions about the security of the famed museum's only foreign branch.

March 12, 2026

US military 'not ready' to escort tankers through Hormuz Strait: energy secretary
US military 'not ready' to escort tankers through Hormuz Strait: energy secretary

The US military is currently "not ready" to escort tankers through the critical Strait of Hormuz because all its assets are focused on striking Iran, Energy Secretary Chris Wright said Thursday.

March 12, 2026

'One war too many': Lebanese angry with Hezbollah for attacking Israel
'One war too many': Lebanese angry with Hezbollah for attacking Israel

When an air strike hit their Beirut neighbourhood, people were angry with Israel, but they reserved their deepest rage for Hezbollah, for dragging Lebanon into the Middle East war.

March 12, 2026

RECENT NEWS

The rain in Spain was worst in nearly 50 years
The rain in Spain was worst in nearly 50 years

Spain endured its wettest January and February in almost half a century, with a string of deadly storms lashing the country, national weather agency AEMET said Thursday.

March 12, 2026

RECENT NEWS

BMW sees tariffs easing and China stabilising in 2026
BMW sees tariffs easing and China stabilising in 2026

German carmaker BMW said Thursday it expected tariff wars to ease in 2026 saw a tentative turnaround in China after posting results dampened by both trade tensions and competition from Chinese rivals.

March 12, 2026