Author name: David Ryabchikov

Bahrain orders lockdown after Iranian strike on Muharraq fuel tanks

Bahrain orders lockdown after Iranian strike on Muharraq fuel tanks

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Manama: Bahrain’s Ministry of Interior has issued an urgent advisory to the public following a significant blaze in the Muharraq Governorate. Citizens and residents across Hidd, Arad, Qalali, and Samaheej have been instructed to “remain in their homes, close windows and ventilation openings” as emergency services manage the situation. Also Read: Air India Express plane […]

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BlackRock CEO Larry Fink argues US-Iran conflict won’t derail economy as gas prices surge

BlackRock CEO Larry Fink argues US-Iran conflict won’t derail economy as gas prices surge

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NEWYou can now listen to Fox News articles! BlackRock Chairman and CEO Larry Fink insisted the United States’ war with Iran will not have lasting economic consequences, even as oil prices continue to surge nationwide. “Do I believe the war is going to be lasting a long time? No,” Fink told Fox News chief political

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Burgum: Report Trump administration caught flat-footed on oil prices ‘completely fake news’

Burgum: Report Trump administration caught flat-footed on oil prices ‘completely fake news’

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Interior Secretary Doug Burgum dismissed a report that the Trump administration “miscalculated” the impact its military operations against Iran would have on the global oil market. Since the U.S. and Israel launched strikes against Iran at the end of February, oil futures have fluctuated dramatically, spiking by almost 20 percent on Sunday evening before reversing…

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Iran war sends bills rocketing: Petrol, heating and home loans on the up… and inflation is next

Iran war sends bills rocketing: Petrol, heating and home loans on the up… and inflation is next

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Donald Trump’s war in the Middle East has left Britain on the brink of a new cost of living crisis as petrol, energy and mortgage bills rise. As oil prices soared close to $120 (£95) a barrel yesterday – before later slipping back below $90 – fears grew that beleaguered British households will pay a hefty

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Dow Jones recovers 1,100 points from the lows to end higher; Oil falls on Trump war remarks

Dow Jones recovers 1,100 points from the lows to end higher; Oil falls on Trump war remarks

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Home Market News Dow Jones recovers 1,100 points from the lows to end higher; Oil falls on Trump war remarks Trump’s remarks triggered a fall in oil prices, which had surged as much as 27% on Monday. Brent now trades below the mark of $90 a barrel, nearly giving up everything that it gained on

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Commentary: The oil pipelines that could decide the Iran war

Commentary: The oil pipelines that could decide the Iran war

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Commentary Two pipelines owned by Saudi Arabia and United Arab Emirates may serve as temporary cushions and slow, though not stop, rising oil prices, says Javier Blas for Bloomberg Opinion. A map showing the Strait of Hormuz and Iran is seen behind a 3D printed oil pipeline in this illustration taken June 22, 2025. REUTERS/Dado Ruvic/Illustration

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NZ economy ‘on precipice’ as markets wobble, oil price rises

NZ economy ‘on precipice’ as markets wobble, oil price rises

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Economist Shamubeel Eaqub said there would be a wider inflation effect for New Zealand, beyond the increase in petrol prices that has already begun. Photo: Screengrab / Facebook New Zealand’s economy is on a “precipice”, one economist says, as the country faces increasing pressure as a result of war in Iran. The price of oil

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