When a war threatens to shut down the Strait of Hormuz, 20 % of world oil can vanish and prices shoot past $100 a barrel. Yet the S&P 500 has only slipped about 2 % in the last month, a fact that surprises many. The reason is that today’s biggest companies are tech‑heavy and rely less on crude than
Israel’s army said on Saturday that it could target ambulances and hospitals in Lebanon if they are used by Hezbollah for fighting. The claim came from a military spokesman who posted on X, but no proof was shown. He warned that Hezbollah is “using ambulances for military purposes” and that Israel w
The war in the Middle East is pushing oil prices higher. Goldman Sachs now thinks the average price for Brent crude will be over $100 a barrel this month because supply is being cut off. If the block at the Strait of Hormuz lasts longer, prices could rise even more. For April, analysts expect Brent
Israel has issued orders that force people to leave homes in more than one‑eighth of Lebanon’s land, a major aid organization reports. The directives now cover roughly 1, 470 square kilometres, or about 14 % of the country, and include parts of southern Lebanon and stretches of Beirut. These command
The United Nations has launched a new appeal for $325 million to support Lebanon, which is grappling with the fallout from a recent conflict that has displaced more than 800, 000 people. The appeal was announced by Secretary‑General Antonio Guterres in Beirut, urging that words of support be matched
The new supreme head of Iran, 56‑year‑old Khamenei, issued his first public statement after taking office. He did not appear on camera; state TV simply read the remarks, leaving viewers to wonder why he stayed off‑screen. Reports suggest he may have been wounded during the initial clashes of the con
The market stayed calm on Wednesday, even though hostilities between Iran and Israel—along with strikes against U. S. allies—continued to flare. Traders around the globe kept a close eye on the Strait of Hormuz, a narrow channel that links the world’s top oil producers to buyers. This passage carrie
A sudden drone attack on the city of Goma in eastern Congo caused three deaths, including a French aid worker. The incident marks the first drone strike in Goma since rebels from the AFC/M23 group took control last year. Rebel fighters blamed the Congolese army for launching the drones, claimi
A conversation on Friday night saw Russia’s leader reach out to Iran’s head of state, offering sympathy for the heavy losses in the current conflict. The dialogue highlighted concerns over many civilian deaths linked to what Russia calls “armed aggression” involving Israel and the United States. Pre
The game at Crypto. com Arena turned into more than just a 120‑point loss for the Lakers. Fans of the Celtics, led by seasoned season‑ticket holder Ted Lorden and his two sons, found themselves in a heated exchange with opposing fans during the final minutes. Lorden, who arrived wearing a Jaylen Bro
