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Politics
U.S. allows Iranian oil tankers through Strait of Hormuz, says Bessent
The United States is allowing Iranian oil tankers to transit the Strait of Hormuz, Treasury Secretary Scott Bessent told CNBC on Monday. "The Iranian ships have been getting out already, and we've let that happen to supply the rest of…
Meta up 3% in premarket on ‘speculative’ mass layoff plans, AI spend
Arda Kucukkaya | Anadolu | Getty ImagesMeta stock was up in premarket trading on Monday, following what it called "speculative" reports that the company is planning to lay off over 20% of its workforce to balance its big AI spending…
Trump-Xi China summit may be delayed if Trump wants to stay in Washington
Treasury Secretary Scott Bessent said Monday that the meeting between President Donald Trump and Chinese Leader Xi Jinping could be delayed for logistical reasons during an appearance on CNBC's "Squawk Box." Trump suggested on Sunday…
Trump warns countries to help secure Strait of Hormuz
U.S. President Donald Trump speaks to members of the media before boarding Air Force One for travel to Florida, at Joint Base Andrews, Maryland, U.S., March 13, 2026. Kevin Lamarque | ReutersU.S. President Donald Trump said Sunday that…
Russian ambassador to UK Andrey Kelin reflected stark global picture
"A riddle, wrapped in a mystery, inside an enigma." That was how Winston Churchill famously described Russia (the Soviet Union as it then was), back in 1939.To this day, I can't think of a better way to describe the complications when…
Dubai International Airport resumes flights after drone attack
TOPSHOT - A smoke plume rises from an ongoing fire at Dubai International Airport in Dubai on March 16, 2026. Flights were gradually resuming at Dubai airport on March 16, previously the world's busiest for international flights, the…
UAE’s Fujairah hit, causing a large fire at the key oil trading hub
A drone attack at the United Arab Emirates' key oil trading hub of Fujairah triggered a large fire, authorities said on Monday, with no injuries reported. "Civil Defense teams in the Emirate immediately responded to the incident and are…
India’s U.S.-Israel relationship is testing ties with Iran
Indian Prime Minister Narendra Modi, The United Arab Emirates' President Sheikh Mohamed bin Zayed Al Nahyan and Iran's President Masoud Pezeshkian attend a family photo during the BRICS summit in Kazan on October 23, 2024. Maxim…
Big Tech looks to carbon credits amid AI race; Microsoft leads
The AI boom may be having a side effect: a surge in Big Tech buying carbon credits to offset emissions generated by its energy-hungry buildout.Amazon, Google, Meta, and Microsoft have ramped up purchases of permanent carbon credits since…
Oil infrastructure under threat as Iran war rages on?
Gas flares from an oil production platform at the Soroush oil fields with an Iranian flag in the foreground in the Persian Gulf, 1,250 km (776 miles) south of the capital Tehran, July 25, 2005. Raheb Homavandi | Reuters
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