Gas supplies decreased by 20% due to the conflict in the Middle East. The shutdown of a plant in Qatar and damage to infrastructure caused a market deficit.
Brent crude fell to $107 due to US plans to lift sanctions on Iranian cargoes. G7 countries are preparing measures for security in the Strait of Hormuz.
Due to Iranian strikes, Qatar lost 17% of its LNG exports and $20 billion in revenue. Repairs will take up to five years, threatening gas supplies to Europe.
Russian students are massively choosing Asian universities instead of European ones due to sanctions. Chinese and Korean languages have become the most popular among Russian youth.
Gas reserves in Europe have fallen below 30 percent due to the cold winter. EU countries are asking to lower storage norms to prevent price speculation by traders.
Oil is getting cheaper due to US efforts to open the Strait of Hormuz and record release of global reserves. The UAE halved production due to the conflict.
Minister Madeleine King affirmed Australia's reliability as a gas supplier amid the conflict in the Strait of Hormuz. The country is launching a new Scarborough project.
Farmers in Asia and Europe are facing a shortage of diesel for machinery due to the conflict. This will lead to rising food prices and disruption of planting in the world.
Maintaining seized vessels with Venezuelan oil costs more than their value. The administration cannot sell the cargo without a court order.
The Tibetan government-in-exile is monitoring the risks of escalation in Iran. Penpa Tsering believes this could distract the US and give China an advantage in the region.
Due to military escalation and airport attacks, the DFM index lost all its 2026 gains. Investors are massively exiting assets amid UAE shelling.
Escalation in the Middle East has closed the Strait of Hormuz, threatening to halt the export of 5 million tons of grain. This will lead to a surplus of products and a drop in prices.
Due to flight cancellations and airspace closures, the region is losing huge profits. In Dubai alone, tourists canceled more than 80,000 accommodation bookings in a week.
The S&P 500 and Dow Jones indices fell amid a drop in oil prices to $90 a barrel. Asian and European markets rose due to cheaper energy.
British gas reserves have shrunk to 6,700 GWh due to the conflict in the Middle East. The country is forced to buy fuel at the highest prices in Europe.
Georgian airspace has become one of the busiest transit routes between Europe and Asia. This brings the country up to $375,000 daily due to the increased number of flights.
Due to the war in the Middle East and the escalation around Iran, fuel prices in Europe have risen. The highest prices are recorded in the Netherlands, where gasoline costs 2.19 euros per liter.
It will happen on March 3rd at 13:39 Kyiv time. The full moon got its name due to changes in the weather.
The conflict with Iran has led to mass cancellations of flights by Emirates and Qatar Airways, causing airline shares to fall. Over 400 flights have been canceled by each airline, and Dubai and Doha airports have suspended operations.
This week, a lunar eclipse in Virgo will occur, and Mercury retrograde will continue, affecting global processes and daily life. Astrologer Ksenia Bazylenko told how these events will affect each zodiac sign.
Dubai International Airport ceased operations after a suspected air strike, with over 90% of flights canceled. More than 2,300 flights were canceled in 24 hours, with Emirates and FlyDubai being the most affected.
Vietnam has reached an agreement with the Donald Trump administration to access American technologies in the fields of AI and semiconductors.
Global oil prices rose after Trump's ultimatum to Iran regarding its nuclear program. The price of Brent crude exceeded $83 per barrel, as the market anticipates sanctions against Iran.
On February 17, 2026, a solar eclipse in Aquarius will occur, bringing reform, new technologies, and the destruction of old systems. This period promises a sharp leap forward, revolutionary sentiments, and the formation of new alliances.
In Ukraine, the seasonal increase in the incidence of influenza A continues, doctors remind about typical symptoms and possible complications. Early prescription of antiviral therapy and vaccination reduce the risks of infection.
The United States and Azerbaijan signed a strategic partnership agreement in Baku, providing for economic and security cooperation. The document paves the way for expanding American influence in the South Caucasus and strengthening regional stability.
Global oil prices fell following news of diplomatic talks between the US and Iran in Oman. Brent crude dropped to $67, WTI to $63 per barrel, and India refused to import Russian crude oil.
This week, a full moon, known as the Snow Moon, can be observed, peaking on Sunday at 5:09 PM ET. It will also appear full on Saturday and Monday.
Asia is experiencing outbreaks of the highly lethal Nipah virus. Experts note that the virus is transmitted from bats to animals, and then to humans through contact.
Record technology exports by Ukrainian IT companies.
