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Gas prices surged on Monday and oil rose sharply as an escalation in the US-Israel war on Iran caused major disruption to production and supplies.QatarEnergy, the state-owned energy company, said it had halted production of liquefied natural gas (LNG) after attacks on facilities in Ras Laffan and Mesaieed.A drone attacked its energy facility in Ras Laffan, according to a statement from Qatar’s defence ministry. There were no reports of human casualties, it said.The company, which is one of the biggest producers of LNG in the world, said in a statement on social media that it “values its relationships with all…
Until now, there had been no significant military reprisals to Trump 2.0’s actions.
(RTTNews) – POWER SOLUTIONS INTERNATIONAL, INC. (PSIX) revealed a profit for fourth quarter that Drops, from last year The company’s earnings came in at $16.08 million, or $0.70 per share. This compares with $23.29 million, or $1.01 per share, last year. Excluding items, POWER SOLUTIONS INTERNATIONAL, INC. reported adjusted earnings of $16.21 million or $0.71 per share for the period. The company’s revenue for the period rose 32.5% to $191.22 million from $144.30 million last year. POWER SOLUTIONS INTERNATIONAL, INC. earnings at a glance (GAAP) : -Earnings: $16.08 Mln. vs. $23.29 Mln. last year. -EPS: $0.70 vs. $1.01 last year.…
An aerial view of homes in San Francisco, Aug. 27, 2025.Justin Sullivan | Getty ImagesAfter falling below 6%, matching their lowest level in several years, mortgage rates reversed course Monday, hitting their highest point in two weeks.The average rate on the popular 30-year fixed loan rose 13 basis points to 6.12%, according to Mortgage News Daily. It had fallen to a recent low of 5.99% on Feb. 23 and pretty much sat there all week. The drop was welcome news as the all-important spring housing market gets underway. Potential buyers have been sidelined by high home prices and concerns over…
Buterin proposes binary state trees and eventual RISC-V VM shift to improve Ethereum’s proving efficiency and execution simplicity. Vitalik Buterin has proposed execution-layer changes that could fundamentally reshape Ethereum’s core architecture. The project’s co-founder argued that deep modifications to the network’s state tree and virtual machine are necessary to remove what he described as the chain’s biggest proving bottlenecks. In a detailed post on X, Buterin said that the state tree and VM together account for more than 80% of the constraints that affect proof efficiency and called them “basically mandatory” targets if Ethereum wants to enable scalable client-side…
Sitting at the center of rising global defense spending, Lockheed Martin LMT and Palantir Technologies PLTR stock are standing out amid increased geopolitical tensions, with both spiking sharply on Monday following weekend news that the U.S. and Israel launched renewed military operations against Iran.While sentiment for the broader aerospace and defense sector is high at the moment, Lockheed Martin and Palantir are among the direct beneficiaries. To that point, Lockheed Martin supplies the physical systems — fighter jets, missile defense, and advanced weapons — while Palantir provides the digital infrastructure that helps the U.S. government and its allies interpret threats, coordinate responses,…
Ctrl Alt, a tokenisation infrastructure provider, and the Dubai Land Department (DLD) have launched Phase Two of Dubai’s Real Estate Tokenisation Project Pilot. This new phase introduces controlled secondary market trading capabilities for tokenised real estate assets.Building on early successThe rollout builds on the successful first stage of the pilot, during which ten properties were tokenised. These properties represent more than $5million (AED 18.5million) in real estate value. Now, approximately 7.8 million tokens issued during that initial phase will be eligible for resale within a controlled secondary market environment.According to the announcement, the secondary trading phase is designed to evaluate…
A “planned” transition involving the exits of two sales leaders is also rattling investors.
Gatestone Institute senior fellow Gordon Chang joins ‘Mornings with Maria’ to break down the impact of escalating US-Iran tensions on global oil markets and China’s reliance on Middle East energy. With Strait of Hormuz traffic nearly halted, China’s reliance on Iranian oil could trigger “real problems” within two months if the crisis continues, one expert warned. Gatestone Institute senior fellow Gordon Chang joined FOX Business’ Maria Bartiromo on “Mornings with Maria” to assess how escalating tensions around the Strait of Hormuz could reverberate through China’s fragile, export-dependent economy.OIL PRICES SURGE AFTER STRIKES KILL IRAN’S SUPREME LEADER, TANKERS HIT NEAR STRAIT…
Iran’s top crypto exchange saw a significant spike in crypto withdrawals within minutes of the US and Israel launching strikes in Tehran on Saturday. However, a widespread internet outage curbed additional outflows.In a post on Monday, Elliptic said crypto outflows from the Nobitex exchange surged by more than 700% to over $500,000 within minutes of the first airstrikes, with a chart showing that outflows reached nearly $3 million in a single hour later that day. Crypto outflows on Nobitex from late February to March 1. Source: EllipticElliptic said the sharp rise in outflows “potentially represents capital flight from Iran,” with…
