News
COP26 President gives stern climate warning amid war in Ukraine
The president of Glasgow’s COP26 climate summit has issued a warning to fellow world leaders six months after the key event.
Alok Sharma says it would be “an act of monstrous self-harm” if nations break the environmental pledges they made at the conference.
The conference was an agreement between countries to limit global heating to 1.5 degrees.
With Russia’s invasion of Ukraine causing a spike in energy and food prices, Sharma admits the global outlook has changed drastically.
He says cutting back on climate pledges to compensate for this would be a grave mistake.
Almost 200 countries have agreed to new climate commitments agreeing to cut greenhouse gas emissions and meet the 1.5-degree goal.
Amanda Gunn contributed to this post.
What’s happening in the Middle East?
- Trump says U.S. strikes could last four to five weeks and described the operation as the last best chance to act, while Secretary of State Marco Rubio warns the hardest hits are yet to come
- Six U.S. service members have been killed, additional American forces are being deployed to the region, and the White House says nine Iranian naval ships have been destroyed
- Iran says it sees no limit to its right to self defence and will not negotiate, as missile and drone attacks continue across Israel, Lebanon and Gulf states
- More than 500 Iranians have been killed in U.S. and Israeli strikes, with further deaths reported in Lebanon, Israel and the UAE
- Shipping, aviation and energy markets have been severely disrupted, more than 11,000 flights have been cancelled, Gulf stock markets have closed temporarily, and oil and gas prices have surged amid Strait of Hormuz fears
News
Oil prices surge amid rising Middle East conflict risks
Crude oil surges 7% amid fears of Middle East conflict; Strait of Hormuz disruptions may push Brent over $100.
Crude oil surges 7% amid fears of Middle East conflict; Strait of Hormuz disruptions may push Brent over $100.
Crude oil prices spiked dramatically as investors react to the growing risk of a wider conflict in the Middle East. U.S. crude surged 7.2 percent, trading near $71.84 a barrel, signalling heightened concern across energy markets.
The Strait of Hormuz, a critical shipping chokepoint, has come under intense scrutiny. Rising war-risk insurance premiums and suspended tanker traffic are already slowing the movement of oil, creating ripple effects in global supply chains.
JPMorgan has warned that prolonged disruptions over three weeks could force Gulf producers to reduce output, potentially pushing Brent crude prices to between $100 and $120 a barrel. Markets are closely watching for developments that could reshape global energy pricing.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
News
Trump warns of last opportunity to hit Iran as conflict escalates
Trump declares final chance to strike Iran, aiming to dismantle missile systems and prevent nuclear weapons amid U.S. troop losses.
Trump declares final chance to strike Iran, aiming to dismantle missile systems and prevent nuclear weapons amid U.S. troop losses.
President Trump has declared this is the final opportunity to strike Iran as conflict intensifies across the Middle East, outlining four key military objectives including dismantling Iran’s missile capabilities and targeting its navy.
The U.S. says its mission is to prevent Iran from acquiring a nuclear weapon and to halt its alleged support for terrorist groups abroad, signalling a potentially prolonged campaign in the region.
Four U.S. troops have already been killed, with officials warning further casualties are possible as operations continue.
#Trump #Iran #MiddleEast
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
-
Tech4 days agoMeta launches lawsuits over alleged scam advertising operations
-
News3 days ago
Crude oil prices spike amid U.S.-Israel military action
-
News3 days ago
Iran warns ships to avoid Strait of Hormuz
-
News8 hours ago
Iran live updates: Airlines face disruptions that surpass previous Middle East conflicts
-
News3 days ago
U.S. and Israel attack Iran, escalating regional conflict
-
News3 days ago
Markets brace for turmoil after U.S. strikes Iran
-
Shows1 day ago
Cities reshaped by capital, policy, and design insights
-
Shows1 day ago
Understanding commercial lending’s unique challenges and strategies
