President Trump has always linked the economy to stock and oil numbers. When U. S. forces hit Iranian targets last week, global energy markets reacted sharply. Oil prices climbed, with Brent crude almost 65 percent higher than before the conflict began. At the same time, stock markets fell.
The U. S. inflation rate stayed flat in February, matching what economists had predicted. Prices climbed 2. 4 percent compared with a year earlier, leaving the rate unchanged from January and just above the Federal Reserve’s 2 percent goal. Fuel costs, however, jumped sharply as traders braced fo
The war near the Strait of Hormuz has entered its twelfth day, and the world is watching closely. A drone strike on a U. S. operations center outside Kuwait killed six soldiers and left many others with serious injuries, such as brain trauma, shrapnel wounds, burns, and amputations. One survivor tol
The day a new leader was named, bombs began to fall. Mojtaba Khamenei, only 56, stepped into the role after his father’s death during the first attack. Reports say he was hit in the legs that same day, which explains why he has stayed out of public view for almost two days. No official statement or
The International Energy Agency has decided to make a record‑sized move by putting 400 million barrels of oil into the market. This is the biggest emergency release it has ever carried out, and it aims to soothe the shock caused by fighting in Iran. The agency did not give a specific date for when t
Inflation data from February showed a steady 2. 5 % core rate, meaning food and energy costs were not driving the rise. The month’s figures rose only 0. 2 % from January, while grocery and restaurant prices climbed 3‑4 %. Energy costs went up modestly after a drop in January, but the recent spike in
The Trump team turned a serious conflict into internet jokes. On February 28, they began military action against Iran, and the next week the White House started posting short videos that mixed war footage with popular culture. Characters from movies, TV shows and video games appeared in clips on Tik
JPMorgan Chase has lowered the value of loans it holds as collateral, mainly those given to software companies, in its private‑credit financing arm. The change means that firms using these loans for “back‑leverage” will have less room to borrow and may need to lock up more assets. The bank’s move
A violent drone hit a secondary school and a health centre in southern Sudan, killing at least 17 people, most of them young girls. The attack also took the lives of a teacher and a health worker. Local doctors say that ten people were hurt, with three girls suffering serious wounds; two had surgery
The United Nations has called the removal of thousands of Ukrainian children by Russia a crime against humanity. A commission set up after Russia invaded Ukraine in 2022 says it has proof that Russian officials have moved or deported kids from occupied regions. It lists 1, 205 confirmed cases
