Day: March 6, 2026
Oil rally resumes after brief dip in prices as Brent tops $86 a barrel
Oil prices jumped to their highest levels in months on Monday as Iran and Israel escalated attacks in the Middle East, disrupting shipments from the region. Bloomberg Creative Photos | Bloomberg Creative Photos | Getty Images Oil prices rose on Friday morning, wiping out an earlier dip that had boosted sentiment in international equity markets. […]
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Dubai real estate magnate: There could be a property cooldown, but I don’t see it
Dubai’s property market could see a “cooldown,” one of the UAE’s largest developers has said, as he insisted “smart capital” would keep investing despite Iranian missile strikes. Mohamed Alabbar, founder of Emaar Properties, the company behind the Burj Khalifa skyscraper, told CNBC’s Dan Murphy that “there could be a bit of a cooldown, but I […]
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How Iran and Venezuela strikes transform the Trump-Xi trade talks
TOPSHOT – US President Donald Trump (L) and China’s President Xi Jinping arrive for talks at the Gimhae Air Base, located next to the Gimhae International Airport in Busan on October 30, 2025. Donald Trump and Chinese leader Xi Jinping will seek a truce in their bruising trade war on October 30, with the US […]
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Maersk, a bellwether for global trade, suspends two key shipping services due to Iran war
The container ship Gunde Maersk sits docked at the Port of Oakland on June 24, 2024 in Oakland, California. Justin Sullivan | Getty Images Danish shipping giant Maersk on Friday temporarily suspended two services linking the Middle East to Asia and Europe as the Iran war continues to disrupt global supply chains. The company, widely […]
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European stocks poised to open higher as easing oil prices boost global sentiment
People visit a lookout point in Greenwich Park, with the Canary Wharf financial district in the distance, during sunny weather but cold weather in London, U.K., on Jan. 2, 2026. Henry Nicholls | Afp | Getty Images European futures data pointed to a positive open for regional equities on Friday, as easing oil prices lifted […]
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Fallout from the Iran war could benefit Indian airlines at the expense of Gulf carriers: Analyst
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Henry Harteveldt of Atmosphere Research says he’s concerned about lingering brand damage to the Gulf’s airlines and airports even after the Iran conflict ends, potentially changing consumers’ behavior. Source
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Republican Representative Gonzales to end re-election bid after sex allegations
WASHINGTON, DC – NOVEMBER 14: U.S. Rep. Tony Gonzales (R-TX) speaks alongside U.S. Rep. Marjorie Taylor Greene (R-GA) at a news conference on border security outside of the U.S. Capitol Building on November 14, 2023 in Washington, DC. (Photo by Anna Moneymaker/Getty Images) Anna Moneymaker | Getty Images News | Getty Images U.S. Representative Tony Gonzales, a Texas Republican, will […]
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No airline can handle a potential Middle East humanitarian evacuation due to the Iran war: Analyst
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mark Martin of Martin Consulting says it’ll cost $7.74 billion to evacuate the Middle East’s expatriate population in a worst-case scenario. He elaborates on how Indian airlines have to cope with adjusted flight routes and increased operating costs. Source
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UAE mulls freezing Iranian assets as Middle East conflict escalates: WSJ
The Damac Heights real estate development, right, in the Dubai Marina in Dubai, United Arab Emirates, on Friday, Feb. 20, 2026. Bloomberg | Bloomberg | Getty Images The United Arab Emirates is considering cutting off Iranian access to billions of dollars held in the Gulf state, the Wall Street Journal reported Thursday. The move could […]
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U.S. offers India a 30-day waiver for buying Russian oil as Iran war deepens energy supply worries
This photograph shows a page on the Marinetraffic website thats shows commercial ship traffic on the edge of the Strait of Hormuz near the Iranian coast on March 4, 2026. Julien De Rosa | Afp | Getty Images After slapping 25% “penalty” tariffs on India for buying Russian crude — revoked last month — the […]
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