Houthis Join War as Iran Retaliates Over Atomic Site Attacks

The Houthis launched ballistic missiles at Israel on Saturday morning, marking their entry into the month-long Iran war that has already caused chaos in energy markets and killed thousands of people. The Yemen-based Houthis, who are supported by Iran, said they...

Ukraine Says It Attacked Russia’s Yaroslavl Refinery

Russia’s Yaroslavl oil refinery suffered damage after a Ukrainian drone attack overnight, according to the General Staff of the Armed Forces of Ukraine. “A hit was recorded on the territory of the plant, followed by a fire,” Ukraine’s military said in its official...

Iran War Leaves Global Economic Leaders Searching for Answers

The Iran war is forcing soul-searching within the global economic elite on how to respond to a series of shocks that show no signs of abating. Four weeks into the conflict, the disruption to energy supply is already severe enough that even an abrupt end to hostilities...

Tech Stocks Drop as Oil Rises on Iran War Risks: Markets Wrap

Wall Street traders drove stocks lower ahead of the weekend on concern that a protracted war in Iran will keep oil prices elevated, fueling a simultaneous increase in inflation and a slowdown in growth. The nearly 1.5% drop in the S&P 500 put the gauge on course...

Ukraine fends off increased attacks, strikes Russian oil revenue

Russia may have launched an attempted spring offensive, but made no significant gains so far; Ukraine has responded by devastating Russia’s oil export terminals. Russia has stepped up assaults in Ukraine’s east in what may be the start of a spring offensive, and...

Microsoft Set for Worst Quarter Since 2008 as AI Fears Converge

Microsoft Corp. is at the intersection of two troubling trends roiling the technology sector, which has the stock on track for its worst quarterly performance since the global financial crisis two decades ago. First, the software giant is doubling down on capital...