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…
Iranian negotiating delegation departs for the site of the talks with U.S., in Geneva, Switzerland, Feb. 26, 2026. Iranian Foreign Ministry | WANA | Via Reuters The latest round of U.S.-Iran talks did not lead to a breakthrough, with both sides agreeing to extend negotiations, Iranian Foreign Minister Seyed Abbas Araghchi said, describing the discussions…
Oil retreated from a six-month high on Monday after Oman announced that a third round of talks between Washington and Tehran will continue this week in Geneva. Tensions have remained on high alert throughout the Middle East for weeks after U.S. President Donald Trump indicated a strike on Iran could be imminent. Since then, a…
Snow falls in New York. Picture Alliance | Picture Alliance | Getty Images U.S. natural gas prices rose nearly 3% on Monday as a massive winter storm hit the northeast of the country, affecting 35 million people and leaving hundreds of thousands without power. It comes as cities and towns across the U.S. east coast…
President Donald Trump prepares to board Air Force One en route to Florida, at Pope Army Airfield at Fort Bragg, North Carolina, Feb. 13, 2026. Elizabeth Frantz | Reuters President Donald Trump said Friday that he is considering limited military strikes to pressure Iran over its nuclear program. “I guess I can say I am…
US President Donald Trump speaks to reporters on Air Force One before taking off from Joint Base Andrews, Maryland on Feb. 19, 2026. Saul Loeb | AFP | Getty Images Oil prices hovered near six-month highs on Friday after U.S. President Donald Trump warned Iran that “really bad things” will happen if there was no…
President Donald Trump said Thursday that he will decide whether to launch military strikes against Iran in the next 10 days. “So now we may have to take it a step further, or we may not,” Trump said at the inaugural meeting of his Board of Peace. “Maybe we’re going to make a deal. You’re…
Oil prices fell Tuesday after Iran’s foreign minister said progress was made during nuclear talks with the U.S., fueling hopes that negotiations could prevent another conflict in the Middle East. U.S. crude oil fell 56 cents, or 0.89%, to close at $62.33 per barrel. Global benchmark Brent lost $1.23, or 1.79%, to settle at $67.42….
A woman smokes a cigar during a humidor auction held as part of the closing ceremony of the XXV Habanos Festival in Havana, on February 28, 2025. Yamil Lage | Afp | Getty Images An annual cigar festival in Cuba’s capital city of Havana, which had been due to take place over five days in…
Cuba’s President Miguel Diaz-Canel (C) takes part in the “Anti-Imperialist” protest in front of the US Embassy against the US incursion in Venezuela, where 32 Cuban soldiers lost their lives, in Havana on January 16, 2026. Yamil Lage | Afp | Getty Images Cuba’s communist-run government is facing its biggest test since the collapse of…
