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News

US signals possible easing of sanctions on Russian oilThe US could remove sanctions on additional Russian oil supplies as Washington reassesses energy flows as Operation Epic Fury triggers the start of a global energy crisis.

Kuwaiti crude jumps 10% to $92.81 per barrel as the Gulf conflict disrupts shipping through the Strait of Hormuz and threatens production across the region's energy exporters.

Andrii Sybiha accused Budapest of "taking hostages and stealing money" after the detention of seven Ukrainian Oschadbank employees.

Toshimitsu Motegi, the Japanese Foreign Minister, announced on March 6 that two citizens of Japan are presently in Iranian custody.

Sri Lanka is a struggling economy dependent on International Monetary Fund(IMF) bailouts since 2023 after a financial crisis between 2019 and 2022 that peaked with the government defaulting on its sovereign debt.

Tech

Fagura describes its model as a modern version of the traditional “3Fs” funding approach – Friends, Family and Fools.

First urban 5G coverage is planned by spring 2027, with nationwide coverage scheduled for completion by 2033.

A Chinese satellite picture of US fighter jets standing on the runway Prince Sultan Air Base in the Kingdom of Saudi Arabia (KSA) has shaken the military analyst community.

Private equity investor Advent International to work with tbi management to strengthen its position as a leading technology-driven bank in Southeast Europe.

Regional machinery and defence conglomerate Czechoslovak Group announced its entrance into the Hungarian defence industry by acquiring a 49% share in the local 4iG Space & Defence Technologies.

Opinion

The effective closure of the Strait of Hormuz following the outbreak of conflict involving Iran is unlikely to persist long enough to trigger a sustained surge in global oil prices, according to Fitch Ratings.

Russia has emerged as one of the few beneficiary of the escalation of hostilities in the Middle East, as surging energy prices offer Moscow a fiscal reprieve at a time when it struggling for cash to cover the deficit. But Liam Peach, the senior emerg

The Hormuz closure has laid bare a vulnerability that decades of sovereign wealth accumulation and glossy diversification plans never resolved: the Gulf petrostates cannot feed themselves.

A decisive shift in global economic power is under way, driven by China’s industrial strategy focused on robots and AI.

Ukraine’s far-right fringe are key beneficiaries of the war — along with Putin’s regime in Russia — which explains their interest in keeping the war going for as long as possible.

Data

However, central bank governor warns it is difficult to assess consequences of ongoing war in Middle East.

Azerbaijan’s 2026 state budget is based on an oil price assumption of $65 per barrel.

US President Donald Trump has said that he thinks the conflicts in Iran will go on for about a month. However if it lasts only four weeks then all of Iraq, Kuwait, UAE, and Qatar will be forced to shut down production after they run out of storage,

Average Tajik spending more each month than he or she earns.

Headline rate last showed an increase in July last year.

Features

Critics of the ruling Georgian Dream party argue that the education reform is part of a broader project of democratic backsliding, dismantling the institutions that produce citizens who think for themselves.

The global oil market is sliding from disruption into what could become a full-scale crisis, as the blockade of the Strait of Hormuz leaves Gulf exporters unable to ship crude and running out of storage capacity.

The disruption to aviation across the Middle East following military strikes involving Israel, the US and Iran could have broader consequences for airlines and related sectors if it persists, according to Fitch Ratings.

Speculation is swirling over who will run out of missiles first: the US or Iran? The US has fired off five years’ worth of tomahawk missiles in the first week of the war in Iran and announced a wind down of the intensity as the long war starts.

It wasn’t missiles that closed the straits of Hormuz. It was insurance companies. At the outbreak of hostilities international insurance companies canceled war-risk coverage.

Blogs

Life in wartime Tehran has shifted to a neighbourhood-centric pattern as residents stay put, unable to afford evacuation. Field reporting reveals how economic pressure, not defiance, keeps millions in a city under sustained air strikes.

The Kremlin is looking on with concern as Operation Epic Fury unfolds in the Middle East. The US has gone in with its standard “shock and awe” strategy of attacking with overwhelming force. But Putin probably sees this as another Libya.

Albanian PM Edi Rama has emerged as one of Europe’s most outspoken backers of the US-Israeli military action against "murderers in Tehran".

Asian economies, heavily dependent on energy imports, stand to gain the most as Iran holds the world’s fourth-largest proven oil reserves in the Khuzestan region, and is the second-largest in terms of natural gas deposits.

The initial jolt of adrenaline gave way to fear, and fear to a grim, quiet resignation.

bneGREEN

A rare earth deposit discovered in Norway is about 80% larger than initially estimated, potentially making it one of the world’s biggest sources of the critical minerals used in electric vehicles, wind turbines and defence systems.

What started as development banks pushing emerging markets to adopt green energy because of the Climate Crisis has been transformed after the cost of producing green energy plummeted. But 8-hour batteries are key to completing the evolution.

The government aims to nearly the double share of nuclear power in electricity generation in the next 15 years.

The rapid deployment of renewable energy options around the country and the popularity of electric vehicles in recent year has already begun to restrain the growth of China’s climate footprint.

Upstream-downstream divide difficult to bridge.

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