losses

Oil prices pulled back on Tuesday as traders weighed signs that shipping could resume through the Strait of Hormuz, even as fresh clashes between the United States and Iran kept a floor under the market and underscored the risk of wider disruption. Brent crude futures were down $4.18, or 3.6%, at $110.26 a barrel this evening, after closing 5.8% higher yesterday. US West Texas Intermediate crude dropped $4.34, or 4.1%, to $102.08, following a 4.4% rise in the previous session. Maersk said the Alliance Fairfax, a US-flagged…

By Maziar MotamediWednesday April 15, 2026 Photographs displayed in Tajrish Square place particular focus on the eyes of children who lost their lives in the Minab attack, as part of the 'Eyes of Minab' exhibition organised to commemorate the victims, in Tehran, on April 14, 2026 Iran is pressing its case for compensation for the destruction wrought by the United States and Israel, even as it maintains a defiant stance and regional actors scramble to broker a way out of the conflict. Tehran’s envoy to the United Nations…

European shares fell further Monday as oil prices surged toward $120 a barrel, deepening inflation fears and rattling risk appetite amid the US-Israeli war on Iran, which shows no sign of easing. The latest bout of volatility underscored the market’s sensitivity to energy shocks and supply disruptions tied to the conflict in the Middle East. London’s benchmark slipped 1% in afternoon trade, while the Paris CAC 40 lost 1.7% and Frankfurt’s DAX dropped 1.4%. Dublin’s market fell 1.3%, with Kingspan, Cairn Homes and Ryanair…

South Africa has declared the current foot-and-mouth disease outbreak a national disaster and will vaccinate 14 million cattle, President Cyril Ramaphosa announced, as the country confronts one of the worst outbreaks on record. "We have classified foot-and-mouth disease as a national disaster and will be mobilising all necessary capabilities within the state to deal with this crisis," Ramaphosa said, confirming the extensive vaccination campaign that authorities plan to roll out. The president's declaration elevates the…

Minnesota charges eight in alleged Medicaid housing fraud as state moves to reboot troubled program Federal prosecutors in Minnesota have charged eight people with orchestrating more than $8 million in alleged wire fraud tied to the state’s Housing Stabilization Services program, a Medicaid benefit intended to keep disabled and elderly residents housed. The indictments, announced Thursday in Minneapolis, mark what prosecutors called the “first wave” in a widening probe into a program that ballooned far beyond its original…

Al-Shabaab militants suffer huge losses in Somalia's Jubaland MOGADISHU, Somalia - Jubaland security forces repelled an al-Shabaab attack over the weekend, in what could be one of the most gradual gains for regional security officers in recent months, giving hope in the fight against the militants. According to military sources, the militants were preparing an assault on Kudha in the Lower Juba…