Israel hits building in Beirut’s southern suburbs, first since truce

Israel hits building in Beirut’s southern suburbs, first since truce

March 28 (Reuters) – Israel’s air force conducted a large strike on a building in the southern suburbs of the Lebanese capital on Friday, a Reuters reporter said, the first heavy bombardment there since a truce deal in November ended a war between Israel and Hezbollah. Israel’s military said it hit a drone storage facility …

Iran to target US bases in region if attacked

Iran to target US bases in region if attacked

Iran will target the United States and its allies’ bases in the region if attacked, the country’s Parliament Speaker Mohammad Bagher Ghalibaf  warned on Friday. Speaking at an event at the Tehran University, Ghalibaf said that the letter United States President Donald Trump sent to Iranian Supreme Leader Ayatollah Ali Khamenei is “one of a …

Oil Prices Gain On Venezuela Tariffs

Oil Prices Gain On Venezuela Tariffs

Oil market sentiment continues to improve, albeit very gradually and prone to reversals, after the lows hit during London’s IE Week in February. That’s what analysts at Standard Chartered Bank, including the company’s Commodities Research Head Paul Horsnell, said in a report published late Tuesday by Horsnell, adding that the improvement has enabled prices to …

ECB’s Kazaks warns US tariffs could raise prices, slow economy

ECB’s Kazaks warns US tariffs could raise prices, slow economy

Must see video: Ray Dalio’s Warning  European Central Bank Governing Council Member and Latvian Central Bank Governor Martins Kazaks (pictured) warned Thursday that US President Donald Trump’s trade restrictions would harm Latvia’s and EU’s “export-driven economy,” leading to higher prices and weaker growth. In an interview with LTV’s Rita panorama on Thursday, Kazaks stressed that …

Trump slaps 25% tariff on non-US-made cars

Trump slaps 25% tariff on non-US-made cars

United States President Donald Trump announced on Wednesday a 25% tariff on “all cars” manufactured outside the United States, with implementation set for April 2, coinciding with the previously declared metal tariffs. “This is the beginning of Liberation Day in America,” Trump restated from the Oval Office noting that he would hold a press conference …

Oil Prices Rise as the EIA Reports a Decline in Crude and Product Inventories

Oil Prices Rise as the EIA Reports a Decline in Crude and Product Inventories

U.S. crude oil inventories decreased by 3.3 million barrels during the week ending March 21, according to the EIA. Gasoline inventories also decreased by 1.4 million barrels, while distillate inventories fell by 400,000 barrels. The decrease in crude oil inventories contributed to an increase in crude oil prices, with Brent and WTI benchmarks rising. Crude …

EU: Russia must withdraw before sanctions are lifted

EU: Russia must withdraw before sanctions are lifted

A European Union spokesperson insisted on Wednesday that one of the prerequisites for lifting sanctions against Russia is its withdrawal from Ukrainian territory and the end of its “unprovoked and unjustified aggression” against Ukraine. Moscow claimed yesterday that the United States agreed to ease some sanctions imposed after Russia invaded Ukraine in 2022 in return for a …

IDF says it struck ‘remaining military capabilities’ at pair of Syrian airbases

IDF says it struck ‘remaining military capabilities’ at pair of Syrian airbases

Syrian airbases are struck by the IDF as the IDF continues ground operation in Gaza. Hamas releases a propaganda video of hostages Elkana Bohbot and Yoseph Haim Ohana in a sign of life. And Houthi terrorists continue attacks with ballistic missile aimed at central Israel last night. The Israeli army carried out strikes on targets …