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  • iShares MSCI Kuwait ETF
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iShares MSCI Kuwait ETF

  • Business

Kuwait cuts oil production due to Strait of Hormuz closure

Sagar5 months ago03 mins

Kuwait said Saturday that it has cut oil production and refining output because tankers cannot transit the Persian Gulf due to threats from Iran. The Arab monarchy did not say how many barrels per day it has cut, but described the output reduction as a precautionary measure that will be “reviewed as the situation develops.”…

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Where things stand, global responses — and what comes next

Sagar5 months ago06 mins

People protest against the US and Israeli strikes on Iran, ICE immigration raids, and in support of Palestinians during a demonstration outside the Westwood Federal Building in the Westwood neighborhood of Los Angeles on June 22, 2025. Iran on Sunday threatened US bases in the Middle East after massive air strikes that Washington said had…

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Iran may ‘lash out harder’ following Khamenei’s death

Sagar5 months ago05 mins

TOPSHOT – A plume of smoke rises following a reported explosion in Tehran on February 28, 2026. (Photo by AFP via Getty Images) Afp | Getty Images The escalating conflict in the Middle East is fueling fears that Washington’s pursuit of regime change in Iran, and Tehran’s retaliation, could destabilize regions from the Gulf to…

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How attack on Iran could impact global oil market and economy

Sagar5 months ago04 mins

The joint U.S. and Israeli attack on OPEC member Iran risks a major oil supply disruption in the Middle East that, in a worst-case scenario, could trigger a global economic recession. Iran is the fourth-largest oil producer in OPEC at just over 3 million barrels per day in January. The Islamic Republic shares a coastline…

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  • Weiss' intentional walk works as Braves win in 11
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  • Why Philly? Why not Cleveland or Miami? Here's eve…

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