Hormuz Closure Fuels Global Recession Fears
The ongoing closure of the Strait of Hormuz intensifies global recession fears, with economists warning of escalating oil prices, supply disruptions, and broad economic impact.
Cuba Receives Emergency Aid Amid Power Grid Crisis
HAVANA, Cuba — Cuba’s national power grid has collapsed multiple times in March 2026, plunging the island’s 10 million residents into darkness and prompting an international humanitarian response as the…
Israel strikes Iran’s South Pars gas field
Israel attacked Iran's South Pars gas field, the world's largest, prompting Iranian retaliation against Gulf energy facilities and sending global oil prices above $119 per barrel.
Oil Prices Surge Past $110 as Iran War Escalates Global Energy Crisis
DUBAI, United Arab Emirates — Oil prices have surged past $110 per barrel after Israeli strikes targeted Iran’s South Pars gas field, the world’s largest natural gas reserve, prompting Tehran…