Asia
A two-week ceasefire helped airline stocks rise, but fuel shortages will last for months. The cost of flights will remain high.
Ukraine is preparing the European part of security proposals after successful negotiations in the Middle East. Next week is dedicated to defense cooperation.
Brent and WTI prices rose amid expectations of negotiation outcomes and the closure of the Strait of Hormuz. OPEC+ agreed to a slight increase in production for May.
Donald Trump suggested reopening the strait for oil production. Earlier, he insisted that other countries should patrol the waterway.
A coalition of countries is discussing unblocking the sea lane and diplomacy with Iran. The military is planning measures for the protection and demining of the strait without the US.
Donald Trump's statement about possible strikes on Iran provoked a rise in Brent and WTI prices. US fuel exports reached a record amid supply shortages.
The administration of the Russian president is taking direct control of soft power tools. "Rossotrudnichestvo" will be reoriented towards special projects and covert influence.
Armin Papperger criticized Ukrainian UAVs for their lack of technological breakthroughs. He compared their production to a kitchen and the use of 3D printers.
Moscow plans to transfer the funds of 37 million citizens to a new state scheme. The money will be used to finance state projects amid sanctions and war.
Iran allows passage only to non-hostile vessels, provided they coordinate and pay fees. Due to restrictions in the key strait, global oil prices have begun to rise.
Last year, Russia sold stolen grain in Africa, Asia, and Europe to finance the war. About 40% of the illegally exported products went to Egypt.
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.