F1 cancels Bahrain & Saudi Arabia Grands Prix

The Bahrain and Saudi Arabian Grand Prix weekends are cancelled because of the ongoing conflict in the Middle East.

Oil’s war-driven volatility pulls in record retail money, fueling 'meme-style' trading

Net retail buying of oil ETFs hit a record $211 million on March 12, surpassing the previous peak seen during the market turmoil in May 2020, according to Vanda Research.

One person injured and transport infrastructure damaged in Russian drone strike on Kharkiv

A Russian drone attack hit Kharkiv on the morning of 16 March, leaving one person injured and damaging local transport networks.

By Iryna Balachuk

Dubai flights disrupted after drone attack near airport; missile kills 1 in Abu Dhabi

Missiles and drone attacks hit across the UAE on Monday, with a drone-related incident sparking a fuel tank fire near Dubai airport that disrupted travel, while a missile killed a civilian in Abu Dhabi. In the eastern emirate of Fujairah, a drone attack on oil infrastructure sparked a fire, just one day after smoke was seen rising from a major UAE energy installation in the emirate. The attacks came a day after Iranian foreign minister Abbas Araghchi said in an interview that rockets had been...

By Agence France-Presse

Swedish court orders detention of Russian captain of tanker boarded off Sweden

Turning The Other Cheek: Why UAE Won't Strike Back At Iran, Yet

Restraint, and a lot of it, has been at the core of the United Arab Emirates' reply to the barrage of drone and missile attacks by neighbour Iran since war consumed the Middle East on Feb 28.

F1 calls off races in Bahrain and Saudi Arabia due to Middle East conflict

Formula One calls its decision to cancel the Bahrain Grand Prix and Saudi Arabian Grand Prix due to the conflict in the Middle East 'difficult' but the 'right one'

By Reuters

Greek oil tanker in Russian waters hit in suspected drone strike - The Kyiv Independent

Greek oil tanker in Russian waters hit in suspected drone strike  The Kyiv Independent

Morocco Fuel to Rise MAD 2 Per Liter Amid Middle East Conflict

Agadir – Morocco to witness a significant raise in fuel costs starting Monday, March 16, with diesel and gasoline costs registering a sharp increase.  The hike in costs is set to reach, with diesel an increase of MAD 2 per liter and super unleaded gasoline registering an increase of MAD 1.44 per liter. This latest […] The post Morocco Fuel to Rise MAD 2 Per Liter Amid Middle East Conflict appeared first on Morocco World News.

By Hanane Afeznaoui