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Not just oil and gas: How the Iran war is disrupting six other key global commodities

As the conflict between the United States, Israel and Iran enters its 13th day, escalating attacks have begun disrupting global commodity markets beyond oil and gas. Explosions and sirens across the region reflect a widening conflict that has rattled energy routes and trade flows.Since the war began on February 28 with joint US-Israeli strikes on…

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Iran sets three conditions for talks with US as Middle East war rages on

As fighting between Iran and the United States continues to intensify, Iranian President Masoud Pezeshkian has indicated that Tehran may be willing to return to negotiations, but only under strict conditions.Pezeshkian spoke with leaders from Russia and Pakistan over the past two days, signalling that diplomatic channels could reopen despite the ongoing war. According to…

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War’s first bill: US has spent $11 billion in the first week of Iran war; and it already needs more

The United States has spent at least $11.3 billion in the first week of its military campaign against Iran, according to a Pentagon estimate shared with Congress, The New York Times reported on Thursday.The figure marks the most detailed assessment so far of the financial cost of the conflict, which entered its 13th day with…

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‘We’ll fill it up’: US turns to emergency oil stockpile as crude prices surge amid Iran war

US President Donald Trump on Wednesday (local time) said that the United States would tap its strategic oil reserves to help reduce fuel prices as global energy markets reel from the escalating Middle East conflict.“We’ll do that, and then we’ll fill it up,” Trump said about releasing crude from the US strategic reserve. “Right now,…

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Iran war enters day 13: Missiles fly, tankers burn, oil prices soar; what’s happening in Middle East?

What began as coordinated and carefully planned strikes by the United States and Israel on Iran, targeting the regime of its longest-serving Supreme Leader Ayatollah Ali Khamenei, has now spiralled into a full-blown military crisis across the Middle East. The region’s skies are crowded with drones and missiles, with Tehran showcasing its ballistic capabilities by…

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Stock market crash today (March 12, 2026): Nifty50 opens below 23,600; BSE Sensex down over 900 points on continuing US-Iran war

Stock market today (AI image) Stock market crash today: Continuing the down trend, Nifty50 and BSE Sensex, crashed in opening trade on Thursday with the US-Iran war showing no signs of stopping and oil prices climbing again. While Nifty50 went below 23,600, BSE Sensex was down over 900 points. At 9:16 AM, Nifty50 was trading…

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Explosions at Oman’s Salalah port: Iran drones hit fuel storage oil tanks? Tehran denies role as war with US-Israel engulfs Middle East

Iranian Drones Hit Fuel Tanks at Oman’s Salalah Port, Massive Fires Erupt, Tehran Denies Role The widening conflict between Iran, the United States and Israel has now reached one of the Gulf’s most strategically important maritime hubs. On March 11, 2026, multiple drones struck fuel storage tanks at the Port of Salalah in Oman, igniting…

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Gulf crisis: US to release 172 million barrels of oil from strategic reserve to reduce prices amid Iran war

The United States is set to release 172 million barrels of oil from strategic reserve, the energy department said on Thursday. This came after US President Donald Trump said that he would tap into strategic reserves to reduce prices amid Iran war.“Right now we’ll reduce it a little bit and that brings the prices down,”…

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