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Gokhan ErgocunFriday March 27, 2026 Markets on Thursday traded under a heavy cloud of uncertainty, with the New York Stock Exchange recording its steepest one-day decline since the start of the Iran war amid heightened tensions across the Middle East. The Dow slid 1.01%, losing 469.38 points to end at 45,960.11. The Nasdaq Composite fell 2.38%, or 521.74 points, to 21,408.08, while the S&P 500 dropped 1.74%, down 114.74 points, to close at 6,477.16. The Volatility Index (VIX), commonly dubbed the market’s “fear index,”…

Iran and the United States stood at a stubborn impasse Thursday, each digging in over ceasefire terms as diplomacy stalled and fears of further escalation grew with more U.S. forces nearing the Middle East. At the same time, President Donald Trump extended a deadline for Iran to reopen the Strait of Hormuz, pushing it to April 6. Tehran also tightened its control over the waterway, while Israel increased troop levels in southern Lebanon as it continued fighting the Iran-backed militant group Hezbollah. In Israel, sirens…

By Abubakr Al-ShamahiWednesday March 25, 2026 As fighting grinds toward its first month, United States President Donald Trump is pressing a claim that “productive” talks with Iran are already paving the way to end the war he launched alongside Israel’s Prime Minister Benjamin Netanyahu — even as Iran’s senior leadership continues to flatly reject that account. With wartime messaging and competing propaganda clouding the picture, it remains difficult to determine what is happening behind the scenes. One way to cut through…

A sudden policy shift from Washington is sending ripples through global energy markets, as the Trump administration moves to counter surging oil prices amid escalating conflict with Iran. The United States on Friday issued a 30-day waiver allowing the purchase of Iranian oil at sea, a step officials say is aimed at easing supply pressures driven by nearly three weeks of U.S. and Israeli strikes on Iran. Treasury Secretary Scott Bessent said the measure could release roughly 140 million barrels of oil into global…

Drones spark fire at U.S. Embassy in Baghdad Two booby-trapped drones landed inside the U.S. Embassy compound in Baghdad’s Green Zone early Tuesday, triggering explosions and a fire, a source from Iraq’s Interior Ministry told Xinhua. By Ali MusaAxadle Times international–Monitoring Tuesday March 17, 2026 Facilities inside the U.S. Embassy compound caught fire after the attack, with flames visible from outside the complex, according to the Interior Ministry source cited by Xinhua, who spoke on condition of anonymity.…

Iran asks FIFA to shift 2026 World Cup matches to Mexico Iran’s football federation is discussing with FIFA about moving its 2026 World Cup matches from the United States to Mexico over player safety concerns, federation president Mehdi Taj said. Taj said on Monday that Iran is seeking to relocate its group fixtures from U.S. venues to Mexico, citing security risks for the team. He posted the comments on the Iranian embassy in Mexico’s X account. “When Trump has explicitly stated that he cannot ensure the security of the…

Missile hits U.S. Embassy in Baghdad’s Green Zone, officials say BAGHDAD — A missile struck inside the U.S. Embassy compound in Baghdad’s fortified Green Zone on Saturday, igniting smoke visible over the area and damaging parts of the complex, according to Iraqi security officials. An Iraqi security source told Al Jazeera the attack destroyed part of the embassy’s air defense system. Separately, two security officials told The Associated Press the projectile hit a helipad within the compound. The officials spoke on condition…

Judge halts Trump move to end TPS for Somalis days before deadline BOSTON — A federal judge on Friday temporarily blocked the Trump administration from ending Temporary Protected Status for Somali immigrants just days before the program was set to lapse, preserving work authorization and deportation protections for nearly 1,100 people while a lawsuit proceeds. U.S. District Judge Allison Burroughs issued an administrative stay of the Department of Homeland Security’s March 17 termination date for Somalia’s TPS designation,…

Saturday March 14, 2026 MOGADISHU — Somalia’s federal government on Friday signed a memorandum of understanding with the U.S. state of West Virginia to develop the country’s critical mineral resources, officials said. The agreement, signed by Somalia’s Minister of Petroleum and Mineral Resources Dahir Shire Mohamed and West Virginia Senate Secretary Kris Warner, sets a framework for cooperation in the exploration, extraction and processing of minerals. Deputy Prime Minister Salah Ahmed Jama led Somalia’s delegation.…

Friday March 13, 2026 Oil tankers and cargo ships line up in the Strait of Hormuz as seen from Khor Fakkan in the United Arab Emirates on March 11, 2026 The U.S. military is “not ready” to escort oil shipments through the Strait of Hormuz, Energy Secretary Chris Wright said Thursday, as Iran keeps the strategic waterway largely shut and global oil prices whipsaw. Wright told CNBC that the market shock is a “short-term disruption,” predicting the war would last “weeks, not months.” He cast the current squeeze as “short-term…