News about World markets
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.
The blockage of the Gulf of Hormuz provoked a rise in the price of oil, gas and, along the chain, nitrogen fertilizers (by about 15-20% – depending on the geography of markets).
This is about the Al-Ruwais industrial complex. A fire broke out on its territory due to a drone attack. This refinery is the fourth largest in the world in terms of production capacity and the largest in the UAE, Logos Press reported citing RBC.
The volume of international transfers of major arms worldwide grew by 9.2% between 2016-2020 and 2021-2025. At the same time, European countries more than tripled their arms imports, becoming the largest recipient region.
Researchers from the University of Illinois at Urbana-Champaign (USA) have revealed the secret of developing two-dimensional magnetic systems, similar in properties to graphene, reports Logos Press.
French automobile concern Renault has announced large-scale plans to update the model range: by the end of the decade the company intends to introduce 36 new cars. This is stated in the official message of the manufacturer.
German apparel and accessories maker Hugo Boss AG summarized its 2025 financial results, recording a rise in net profit despite a slight decline in revenue.
China started 2026 with unexpectedly strong foreign trade figures. According to the General Administration of Customs of the People’s Republic of China, the country’s exports in January-February grew by 21.8% year-on-year, significantly exceeding analysts’ expectations and becoming the fastest growth rate in recent years.
Aramco, the world’s top oil company, said Tuesday that the conflict with Iran continues to disrupt shipping in the Strait of Hormuz, which could have “catastrophic consequences” for global oil markets.
Commercial flights from Iran to Azerbaijan continue to operate, but transit options for persons who may leave Iran remain limited and require prior coordination with the competent authorities. This is reported by the Moldovan Ministry of Foreign Affairs.
The U.S. dollar reversed course on Monday, retreating from a three-month high after President Donald Trump suggested the conflict with Iran was nearing an end.
US President Donald Trump has said the US-Israeli operation against Iran will end soon.
The government and importers of petroleum products have analyzed several options and mechanisms that could be applied to ensure that a possible price increase would be “gradual” and would not have a drastic impact on consumers.
European Commission President Ursula von der Leyen has said that it is “extremely important” for the EU to bring the Western Balkan countries, Moldova and Ukraine closer to the EU because it is about common European security.
A complete ban on imports of liquefied natural gas (LNG) from Russia by EU countries will come into force on January 1, 2027. In the meantime, Europeans are actively buying Russian LNG.
Obviously it’s not the country’s biggest problem, but for more than 200 hours some 90 million people in Iran have been living without internet.
