Month: March 2026
Oil tankers transiting Strait of Hormuz ‘must be very careful,’ Iran foreign ministry warns
MarineTraffic map showing current ships traffic on Strait of Hormuz dislplayed on a laptop screen and MarineTraffic logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on March 5, 2026. Jakub Porzycki | Nurphoto | Getty Images Oil tankers passing through the Strait of Hormuz “must be very […]
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The $100 oil playbook: How pro investors are investing around this energy shock
Professional investors are reshuffling portfolios as crude oil surges past $100 a barrel , rotating into sectors tied to commodities while adding hedges against the risk that geopolitical tensions could trigger a broader economic shock. The jump in energy prices tied to the Middle East conflict is prompting money managers to rethink positioning. Many say […]
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Anthropic sues Trump administration over Pentagon blacklist
U.S. President Donald Trump, Secretary of Defense Pete Hegseth behind, speaks to reporters aboard Air Force One on a flight from Dover, Delaware, to Miami, Florida, U.S., March 7, 2026. Kevin Lamarque | Reuters Anthropic filed a lawsuit against the Trump administration on Monday after the artificial intelligence startup was blacklisted and labeled a threat […]
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Seventh U.S. service member killed in Iran war ID’ed as Sgt. Benjamin Pennington
Army Sgt. Benjamin N. Pennington, 26, of Glendale, Ky. Source: U.S. Army The Pentagon on Monday identified the seventh U.S. service member to have died in the Iran war as 26-year-old Army Sgt. Benjamin Pennington. Pennington, a resident of Glendale, Ky., was seriously wounded March 1 during an Iranian strike at Prince Sultan Air Base […]
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Ticketmaster parent Live Nation reaches settlement with Department of Justice over antitrust concerns
Signs are seen at the Live Nation NYC headquarters on May 23, 2024 in New York City. Michael M. Santiago | Getty Images Live Nation Entertainment has reached a settlement with the Department of Justice over antitrust concerns surrounding its Ticketmaster platform, a senior DOJ official said Monday. The settlement would see Ticketmaster unwind some […]
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The Iran war has put the brakes on the next Bank of England rate cut
A road closure sign leans against a wall outside Royal Exchange in the heart of the City of London, on 13th June 2022, in London, England. Richard Baker | In Pictures | Getty Images Before the war in Iran erupted, the Bank of England was widely predicted to be on course to cut interest rates […]
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Oil shock prompts South Korea to impose fuel price cap for the first time in 30 years
Riders refuel their motorbikes at a gas station in Hongdae district in Seoul, South Korea, on Saturday, July 2, 2022. Bloomberg | Bloomberg | Getty Images South Korea is set to impose a price cap on fuel products for the first time in 30 years, as oil prices skyrocketed on Monday due to the war […]
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Prediction markets face questions on bets on the Iran war, from nuclear detonation to regime change
TKO Group Holdings Inc. and Polymarket signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, Nov. 13,2025. Michael Nagle | Bloomberg | Getty Images The Iran war has shone a light on what prediction markets regard as unacceptable subjects for betting, as they faced backlash when users […]
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Turkey says second Iranian ballistic missile shot down by NATO defences in airspace
Kids walk around an Iranian missile after it fell near Qamishli International Airport, near the Turkish border in the Qamishli district of Hasakah, Syria, on March 4, 2026, amid the U.S.-Israeli conflict with Iran. Amjad Kurdo | Afp | Getty Images Kids walk around an Iranian missile after it fell near Qamishli International Airport, near […]
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