Daily Republic News
- Business
- March 3, 2026
Hormuz Crisis Sparks Oil Market Panic; S&P Global Flags Potential $120–$130 Crude Scenario
Global energy markets are entering what analysts describe as a “danger zone” after the weekend’s sharp military escalation between the United States and Iran triggered fears of a historic oil supply shock. According to analysts at S&P Global, disruptions around the Strait of Horm Read More
- Business
- March 3, 2026
Stocks Tumble and Dollar Strengthens as Iran Conflict Ignites Energy Crisis and Fears of Global Stagflation
A selloff in stocks deepened on Tuesday and the dollar strengthened as investors considered the implications of U.S. and Israeli strikes on Iran on energy prices and the global economy.MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.5% to extend losses for a sec Read More
- Business
- March 3, 2026
State Department Switches To OpenAI As US Agencies Start Phasing Out Anthropic
Three more U.S. cabinet-level agencies, the departments of State, Treasury and Health and Human Services, moved to cease use of Anthropic’s AI products on Monday, joining the Pentagon in switching to rivals such as OpenAI under a new White House directive.The federal government’s Read More
- Business
- March 2, 2026
Qatar Halts LNG Production, Saudi Refinery, Iraqi Kurdish And Israeli Oil, Gas Fields Shut Amid Mideast Strikes
Qatar halted production of liquefied natural gas on Monday and Saudi Arabia shut its biggest domestic oil refinery after a drone strike, a source said, as Israeli and U.S. strikes and Iranian retaliation triggered precautionary shutdowns of oil and gas facilities across the Middl Read More
- Business
- March 2, 2026
Iran Conflict Disrupts Global Shipping As Tankers Are Stranded, Damaged
Insurance companies are cancelling war risk coverage for vessels in the Gulf as the widening Iran conflict disrupted shipping, leaving at least four tankers damaged, a seafarer killed and 150 ships stranded around the Strait of Hormuz. Shipping through the strait between Iran and Read More
- Business
- March 2, 2026
From India To China: Who Will Be Impacted If Iran Blocks Strait of Hormuz?
On the scale of impact that volatility in the Strait of Hormuz will have on India, Industrialist Harsh Goenka noted that the South Asian nation will be “worst affected”.The vital strait open for maritime trade located between Iran, Oman and the UAE, is credited for almost 20% of Read More
- Business
- March 2, 2026
Industrial Output Momentum Weakens as Manufacturing Growth Cools to 4.8%
The manufacturing sector, which accounts for over 77% of the IIP, grew by 4.8% in January, a decline from the 8% plus growth rates seen in the final months of 2025. While 14 out of 23 industry groups managed to stay in positive territory, the growth was largely concentrated in he Read More
- Business
- March 2, 2026
The Strait of Hormuz Crisis: What Does It Mean For Global Economy, Markets & India?
Amid the ongoing Israel-US conflict with Iran, concerns over how this would impact the world’s seaborne oil trade flows and liquified natural gas supply that passes through Strait of Hormuz have further escalated.The Strait of Hormuz, which lies between Oman and Iran, is consider Read More
- Business
- March 2, 2026
Iran’s Strait of Hormuz Gambit Triggers $150 Oil Warning; Global Economy Braces for Historic Energy Shock
The global energy landscape is standing on a precipice. Following a wave of Iranian strikes targeting critical infrastructure across Saudi Arabia and the UAE, including a drone attack on the massive Ras Tanura refinery, and the effective closure of the Strait of Hormuz, the spect Read More
- Business
- March 2, 2026
Oil Surges, Stocks Slide, Dollar Rallies As Conflict Grips Middle East
Oil prices surged, the dollar jumped and shares slid on Monday as military conflict in the Middle East looked set to last for weeks, threatening to upend a global economic recovery and perhaps reignite inflation.Brent jumped around 10% to $79.90 a barrel, though it had briefly to Read More
