World news

World news

The average price of one gallon of gasoline in the United States has reached $4.30, according to the American Automobile Association (AAA), up from less than $3 before the February 28 start of the US-Israel war on Iran.

Brent crude hit a record price since the war began on 28 February, surging more than 13% in 24 hours, marking the highest level since 2022.

The breakdown of talks between the U.S. and Iran, along with President Trump reportedly rejecting Iran's proposal for a reopening of the Strait of Hormuz, has the market losing hope for any quick resumption in oil flows.

Let me start by the outset, confirming straightaway that of course Iran will be participating at the FIFA World Cup 2026. And of course, Iran will play [in] the United States of America.

The attack in Herat has shaken this promise, and for many members of the Shiite community, the question of safety remains fundamental. 'Unfortunately, Afghanistan is generally not a safe place for Shiites, and it wasn't before either. Whether under this government or the previous one,' said Herat resident R. Jaafari.

Sajjad's despair captures the suspended reality of millions in the Iranian capital. The absence of bombing does not equate to peace, as stark disparities in recovery persist across the city.

The rapid succession of ship hijackings off the coast of Somalia, following a period of relative calm, has reignited concerns about a potential resurgence of piracy in the region.

Ongoing supply disruptions and fears that the situation will worsen are driving Brent and WTI prices ever higher. Expectations for when oil supplies will return to normal have been pushed back, raising the risk that higher gas prices could stick around longer than expected.

The US dollar index was relatively stable on Wednesday, as investors adopted a cautious stance ahead of the Federal Reserve's policy decision, indicating a wait-and-see approach in the market.

The tournament will take place from 19 November to 13 December in the FIFA World Cup 2022 host nation and will be contested by 48 teams, a statement by the local organising committee in Qatar said on Wednesday.