World markets
On Monday, March 9, Sendhil Palanni announced his resignation as vice president of finance at Tesla, where he has worked for nearly two decades. His career began when Tesla was on the verge of bankruptcy, and today the corporation is one of the leaders in the electric car market.
The International Energy Agency (IEA) proposed to release a record volume of oil from strategic reserves (more than 182 million barrels) to stabilize prices that have risen sharply due to the escalation of the conflict in the Middle East, The Wall Street Journal writes, citing informed sources.
Financial experts of the French company BNP Paribas admitted that Nike may consider the possibility of selling the Converse brand, owned by the sports giant since 2003. The basis for such assumptions were both the decline in the brand’s financial performance and significant changes in management and cost structure.
Chinese garment factories have announced price increases amid a sharp rise in the cost of chemical fibers, including polyester and acrylic. The cost of these materials has increased by more than 10 percent since the start of U.S. and Israeli military action against Iran, according to representatives of seven factories in the country’s southern and eastern provinces.
The National Energy Regulatory Agency (ANRE) has released the maximum prices for major fuels for March 12, 2026.
UPDATED. The Cabinet of Ministers has approved a draft decree on the denunciation of the agreement on the creation of the CIS and its protocol, as well as a draft decree on the denunciation of the CIS charter. According to the government’s estimates, the economic consequences of the withdrawal from the CIS bodies will be minimal – the country will remain a party to a number of agreements in the trade, economic and social spheres.
There is a simple rule in the global financial system: money runs away from risk. Today, this principle may affect one of the richest regions of the planet. Sovereign wealth funds in the Gulf countries control trillions of dollars. And if the war over Iran changes their investment strategy, the consequences could be felt by markets around the world.
The Chinese Ministry of Defense has announced the potential threats that the uncontrolled introduction of artificial intelligence technologies into the military sphere may bring. According to Jiang Bin, a spokesman for the ministry, such a development could resemble the plot of the famous science fiction movie The Terminator.
Indian refiners bought about 30 million barrels of Russian crude after the U.S. gave the green light for such deals, with the price topping Dated Brent by $2-8 a barrel, Bloomberg wrote, citing informed sources.
Many traders expect bitcoin to recover to the $80,000 level between June and September, Derive said.
A commission from Hungary has left to inspect the condition of the Druzhba oil pipeline stopped by Ukraine. It will soon become clear whether they will be allowed to enter the country at all and how the situation will develop after their arrival in Kiev. This was stated by Hungarian government spokesman Zoltan Kovacs.
Moldovan leu for the middle of March shows a slight strengthening against dollar and euro in comparison with the indicators of the beginning of the month. The average dollar purchase is about 17.05 MDL, sale – 17.50 MDL. On the international markets, the dollar index (DXY) shows a decrease, which automatically leads to the leu strengthening against the American currency.
US President Donald Trump announced on Tuesday that America First Refining (AFR) will build a new refinery in the state of Texas. This means that the US will have the first major refinery built in the last 50 years.
In recent days, drivers from neighboring countries have started coming to Moldova to refuel, as the prices for gasoline and diesel fuel here are among the lowest in the region. This was reported by Prime Minister Alexandru Munteanu, who said that this situation should be thoroughly analyzed.
The escalation of the conflict around Iran is beginning to go far beyond geopolitics and is gradually affecting the global automotive industry. Experts note that tensions in the Middle East are already affecting business expectations, and automakers are being forced to revise their plans for the coming months.
Obtaining assurances that war will not be resumed, the right to possess a full nuclear fuel cycle and fair compensation for damages are three tough conditions Iran has set for resuming talks with the United States.
The National Energy Regulatory Agency (NERA) has set fuel price caps for March 11, 2026.
China’s consumer price growth increased to the highest level in more than three years. Deflation in the industrial market slowed again after a rebound in energy markets and a boom in consumer spending during the Lunar New Year holiday.
Amid US President Donald Trump’s predictions about the imminent completion of the active phase of the operation against Iran, oil prices fell by 6.5%. Brent futures fell to $92.45 per barrel and US WTI to $88.65. He sees the temporary rise in oil prices as a small price to pay for security.
The Hungarian parliament has adopted a resolution against Ukraine’s admission to the EU and financial assistance to continue fighting. The document was supported by 142 MPs, 28 voted against it and 4 abstained.
