Brent oil prices could spike above $100 per barrel if the Gulf Arab countries run out of storage space and shut down production, according to JPMorgan.
07.03.2026 17:33
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Brent oil prices could spike above $100 per barrel if the Gulf Arab countries run out of storage space and shut down production, according to JPMorgan.
An unusual swell of Canadian patriotism seen after Trump's threats and tariffs last year has evolved into a new social and economic order.
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Iran's government cut internet connectivity shortly after start of U.S.-Israeli attacks on Feb. 28.
Samsung’s upcoming smart glasses will have a camera and be connected to a smartphone, a top executive told CNBC, as the tech giant prepares to make its first foray into the product category.
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➡️Iranian President Masoud Pezeshkian says Iran will stop striking neighboring countries.
➡️The U.S. says it has struck more than 3,000 targets in Iran in first week of war.
➡️Israel says it has launched another wave of attacks on Iranian targets.
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The U.S. says it has hit more than 3,000 Iranian targets in the first week of war, as the Gulf remains on high alert for retaliatory strikes.
Palantir's stock had its best week since August and outperformed all of its large-cap tech peers after the U.S. attacked Iran.
Amazon joined Microsoft and Google in continue to offer Anthropic's Claude AI technology to customers after the Pentagon deemed it a "supply chain risk."
Cloud vendors are letting customers know that Anthropic's popular AI tools can still be accessed after the Department of Defense blacklisted the company.
Pharmaceutical stocks like Eli Lilly and Merck are good places to help investors ride out a recent rise in geopolitical turmoil, according to UBS.
Marvell shares surged on Friday after the company beat earnings expectations and issued strong guidance on continuing AI demand.
On Monday, AWS said that two of its facilities in the UAE had been directly hit by drones, with one in Bahrain also damaged by a nearby strike.
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Zealand and Roche are jointly developing the drug petrelintide which in a mid-stage study led to a worse-than-expected 10.7% weight-loss over 42 weeks.
While regional sales will be impacted, the closing of the Strait of Hormuz and rising oil prices will have ripple effects across the global automotive industry.
As commodity prices spiked higher on Friday morning, a strategist warned that Europe was even more at risk of an energy shock than the U.S.
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The futures price of the global benchmark Brent crude oil rose, breaking $90 per barrel after Trump posted his demand to Iran to end the war.
President Donald Trump said Friday that there would be no deal to end the U.S. war against Iran without an “unconditional surrender” by Iran.
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Samsung's AI smart glasses will be launched in 2026 and will mark the company's first foray into the product category.
Nonfarm payrolls were expected to increase 50,000 in February while the unemployment rate held steady at 4.3%.
Infrastructure underpinning digital services has been pulled into the conflict in the Middle East
The Iran war has sent oil and gas prices soaring, creating huge risks in Europe's key energy-intensive sectors.
A backup of oil tankers in the Persian Gulf is disrupting supplies, and will only get worse the longer the Strait of Hormuz is closed.
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.
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China’s opposition to the U.S. and Israeli war on Iran is stoking tensions between Beijing and Washington just weeks before a high-stakes meeting between Presidents Donald Trump and Xi Jinping.
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BREAKING: Oil prices rose on Friday morning, wiping out an earlier dip that had boosted sentiment in international equity markets.
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