U.S. forces sink 16 Iranian minelayers as reports say Tehran is mining the Strait of Hormuz

U.S. forces sink 16 Iranian minelayers as reports say Tehran is mining the Strait of Hormuz

In this handout photo obtained from the U.S. Defence Department, Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72) sails alongside Arleigh Burke-class guided-missile destroyer USS Frank E. Petersen Jr. (DDG 121) and Lewis and Clark-class dry cargo ship USNS Carl Brashear (T-AKE 7) in the Arabian Sea, Feb. 6, 2026. Mass Communication Specialist 1st Class…

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Nikkei 225, Kospi, Hang Seng Index

Nikkei 225, Kospi, Hang Seng Index

Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets opened higher on Wednesday as investors assessed the ongoing Middle East war. Australia’s S&P/ASX 200 rose 0.35% in early trade. Japan’s Nikkei 225 jumped 1.36%, while the Topix…

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Strait of Hormuz will partially reopen in 2-3 weeks: David Roche

Strait of Hormuz will partially reopen in 2-3 weeks: David Roche

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Quantum Strategy’ David Roche says he expects oil reserves can sufficiently support world demand, and that the ‘world won’t run out of oil’. He also explains why he believes Iran can’t afford to escalate the war further, and therefore will not engage…

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Iran war disrupts oil prices; consumers may be ‘hammered’: economist

Iran war disrupts oil prices; consumers may be ‘hammered’: economist

In February, Americans were feeling pretty good about their financial standing. But that was before the Iran war, which is threatening to upend household budgets. A New York Federal Reserve survey released Monday found that consumers expected inflation to be lower in the year ahead, and households, overall, said they were better off than a year ago. The New York…

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CEO of India’s IndiGo resigns months after mass flight cancellations

CEO of India’s IndiGo resigns months after mass flight cancellations

Indigo is one of a handful of airlines that are rerouting and canceling flights to avoid Pakistan’s airspace. Nicolas Economo |NurPhoto | Getty Images IndiGo said on Tuesday that CEO Pieter ​Elbers had resigned from his position ‌with immediate effect for personal reasons, months after mass flight cancellations left tens of thousands ​of passengers stranded and…

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