The chaos plaguing US airports deepened on Monday as travelers faced hours-long lines stemming from a partial government shutdown. As security officers work without pay, leading many to call out of work or quit, federal immigration agents were dispatched to airports across the country, ramping up a fight in Washington ...
Europe quietly supports US campaign against IranEurope quietly supports US campaign against Iran
Europe is quietly supporting the US’ campaign against Iran, even as President Donald Trump lambasts the continent for staying on the sidelines. US military bases in the UK, Germany, Portugal, Italy, France, and Greece are fueling and launching American bombers and drones. The continent’s cooperation underscores how any move to ...
China drivers feel pain of Iran energy shockChina drivers feel pain of Iran energy shock
Drivers lined up at gas stations across China on Monday, as the country starts to feel the pain of the energy shock triggered by the Iran war. China has a considerable crude stockpile and is swiftly electrifying its economy, but hundreds of millions of drivers who still rely on gas ...
Markets relieved as Trump eases on IranMarkets relieved as Trump eases on Iran
Stocks rose and oil prices fell after US President Donald Trump eased his threats on Iran. Trump announced a five-day suspension of US strikes on Iran’s energy infrastructure, hailing productive talks with Tehran, which Iranian officials denied even took place. Trump’s sudden talk of de-escalation — he said the US ...
Judge Allows DOGE Deposition Videos Back OnlineJudge Allows DOGE Deposition Videos Back Online
On Monday a judge said videos of recent depositions from DOGE members can be published online once again. The ruling is something of an about face for Judge Colleen McMahon, who originally ordered plaintiffs in the DOGE-related lawsuit “claw back” the videos they had published to YouTube. The videos were ...
Colombian Air Force plane crashes with 125 people on boardColombian Air Force plane crashes with 125 people on board
Colombia’s defence minister says it was a “tragic accident” but the cause is not yet clear. ...
Iran war exposes risks to the AI boomIran war exposes risks to the AI boom
The war in Iran could soon disrupt the AI supply chain, upending the prospects for East Asian firms that drive chip manufacturing but which rely on the Middle East for energy imports. Two major South Korean companies dominate memory chip production, while Taiwan’s TSMC makes 90% of advanced semiconductors; both ...
Airlines take evasive action to maintain travel flow in the GulfAirlines take evasive action to maintain travel flow in the Gulf
Journeys to the airport have become a complicated undertaking for many Gulf travelers, often involving crossing into a neighboring country where airspace remains open. In the interests of keeping planes running and revenues coming in, some airlines are moving over the border too. Kuwait’s Jazeera Airways has started operating from ...
US shale producers may benefit from reduced Gulf oil flowsUS shale producers may benefit from reduced Gulf oil flows
Reduced oil flows from the Gulf could have some upsides for more nimble US shale producers, as a projected glut in oil supplies quickly evaporates. Analysis by JPMorgan suggests US shale companies and Canadian oil sands producers could emerge as “relative winners” as oil consumers seek alternative supplies in stable ...
Attack on Ras Laffan LNG facility in Qatar jolts gas marketsAttack on Ras Laffan LNG facility in Qatar jolts gas markets
The Iranian strike that destroyed liquefied natural gas facilities in Ras Laffan, Qatar, last week has set off ripples that will affect the global economy until the end of the decade. The attack knocked out two LNG trains and a gas-to-liquids unit, cutting about 12.8 million tons a year of ...