Economy
Housing sales in Dubai down 25% amid Mideast tensions
Housing sales in Dubai decrease to 6,129 in 1st half of March following start of war, down from 8,199 in previous 2-week period
Housing sales in Dubai down 25% amid Mideast tensions
Housing sales in Dubai decrease to 6,129 in 1st half of March following start of war, down from 8,199 in previous 2-week period
Qatar says Iranian missile strikes cut LNG export capacity by 17%
Damage at Ras Laffan may take up to 5 years to repair, with annual revenue losses estimated at $20 billion and force majeure likely on some long-term contracts, QatarEnergy says
US stocks close in red as oil sees sharp fluctuations
Dow loses 0.44%, S&P 500 down 0.27%, Nasdaq off 0.28%; European stocks also end day with losses
IMF warns prolonged energy price surge could lift inflation
Prolonged energy price shock from Middle East war could push up global inflation, weaken output, keep central banks on alert about inflation expectations, says Fund
Switzerland signals readiness to curb franc gains amid Iran war risks
Swiss Central Bank keeps policy rate at 0%, says it is more willing to intervene in exchange markets to prevent excessive franc appreciation amid heightened geopolitical tensions
Middle East tensions redraw Europe’s fuel market as diesel prices outpace gasoline
Supply disruptions, higher logistics costs lift fuel prices across Europe, with Netherlands, Denmark most expensive markets, according to EU Commission data
