Oil price surges, Asian stocks fall as Trump vows to continue Iran attacks
Asian stocks also took a hit after Trump’s speech as most Southeast Asian countries rely heavily on oil imports.
![The vessel arrived at Cuba's largest supertanker and fuel storage port at daybreak [File: Norlys Perez/Reuters]](/wp-content/uploads/2026/03/2026-03-31T130326Z_575094210_RC2NFKA7LTWM_RTRMADP_3_CUBA-CRISIS-RUSSIA-OIL-1774966785.jpg?resize=770%2C513&quality=80)
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One month of war on Iran cost Arab countries up to $194bn: UNDP
Even if conflict is ‘short but intense’, countries like Sudan, Yemen, Lebanon will see major increases in poverty rates.
EXPLAINER
Where to invest during Iran war? Ask – or don’t – Mohammad Bagher Ghalibaf
Iran’s parliamentary speaker is using X to shape market sentiment, blending war messaging with financial signalling.
Pentagon denies that Hegseth’s broker sought investment before Iran war
US Department of Defense demands retraction of report alleging broker sought multimillion-dollar investment for Hegseth.
From: NewsFeed
Cuba waits for Russian oil tanker to arrive amid US blockade
After a US blockade, Cuba is waiting on the arrival of a sanctioned Russian tanker carrying thousands of barrels of oil.
Published On 30 Mar 2026
G7 ready to take ‘necessary measures’ to ensure energy market stability
Jitters in G7 nations as higher energy prices threaten to drive up inflation, damage purchasing power and stunt growth.
Oil tops $116 a barrel as Iran accuses US of preparing invasion
Crude prices continue to climb as world faces its biggest energy crisis in decades.
![A worker collects engine oil as he works at a degassing station in the Zubair oilfield near Basra, Iraq, on March 28, 2026 [Leo Correa/AP]](/wp-content/uploads/2026/03/AP26087465268697-1774828127.jpg?resize=770%2C513&quality=80)
Iran’s IRGC claims attacks on UAE, Bahrain aluminium facilities
Iran targets Aluminium Bahrain, Emirates Global Aluminium in retaliation for US-Israeli attacks on its infrastructure.
What is the TACO trade and are investors profiting amid war on Iran?
Global energy crisis continues to widen amid market volatility, while so-called ‘TACO traders’ attempt to capitalise.
US diplomat Marco Rubio denounces settler violence, tolls in Hormuz strait
Rubio reiterated President Donald Trump’s call for other countries to participate in securing the Strait of Hormuz.
From: Counting the Cost
Is Europe heading to an energy crisis?
Europe is bracing for a supply crunch and a price shock as the Iran conflict drags on.
Published On 27 Mar 2026
