US stocks opened sharply lower on Monday, wiping out more than $900 billion in market value within minutes of the opening bell as investors reacted to a sudden spike in oil prices and mounting geopolitical tensions in the Middle East. Crude oil briefly surged above $100 per barrel, intensifying concerns that escalating conflict in the region could disrupt supply and push global energy costs higher, potentially reigniting inflation pressures across major economies. The Dow Jones Industr

Applications for the H-1B visa program for skilled non-immigrant workers have dropped sharply this year, with immigration experts estimating a decline of nearly 50 percent compared with the previous year. The fall in filings follows significant changes to the US immigration framework that have altered the dynamics of employer participation in the work visa program. Experts say the decline is linked largely to policy adjustments that introduced a steep increase in registration costs

Iran’s Islamic Revolutionary Guard Corps (IRGC) has claimed responsibility for a drone and missile strike targeting the Al Dhafra Air Base in the United Arab Emirates, a facility known to host United States military personnel. In a statement released by the force’s public relations office, the IRGC said its drone unit carried out coordinated strikes on the base, describing it as a major command and control hub for US operations in the region. The statement alleged that 21 personnel connected

Rising tensions between the United States and Iran are creating new uncertainty in global energy markets as the administration of President Donald Trump considers deploying the US Navy to escort commercial oil tankers through the strategically vital Strait of Hormuz. The move is being discussed as shipping traffic through the narrow waterway has slowed dramatically following recent attacks on tankers, raising concerns about the stability of global oil supply. The Strait of Hormuz is one of t

The conflict between Iran, the United States, and Israel has intensified sharply, with the death toll from ongoing airstrikes reaching at least 1,230 since Saturday. The latest developments mark a significant escalation in the Middle East conflict, raising fears of wider regional instability and disruptions to global energy supply routes. In parallel with the strikes targeting Iran, the Israeli military has issued evacuation orders for the southern suburbs of Beirut, a densely popul

Russia has reportedly provided Iran with intelligence regarding the locations of United States military forces, according to people familiar with US intelligence assessments. The information is said to include satellite imagery showing the positions and movements of American troops, ships, and aircraft across parts of the region. Officials briefed on the matter indicated that much of the data came from Russia’s network of overhead surveillance satellites, marking the first indication that M

The skies over West Asia have become the center of a rapidly intensifying aerial confrontation as waves of Iranian drones and missiles streak across the region. Air defense systems operated by the United States and Israel are working almost continuously to intercept incoming threats, creating a dramatic display of explosions, interceptor launches, and fire trails across the night sky. The escalating conflict has transformed the region’s airspace into a high-stakes battlefield, where defensive

The United States and Israel have intensified military operations against Iran, with reports indicating that at least 1,045 people have been killed since the escalation began on Saturday. The strikes mark one of the most severe confrontations in the region in recent years, raising fears of a broader Middle East crisis. At the same time, Israeli forces have carried out additional military actions in Lebanon, further expanding the scope of the conflict and increasing concerns about regional sta

The United States Central Command (CENTCOM) on Thursday highlighted the strength of American airpower, stating that its capabilities remain unmatched in modern warfare. In a statement released on March 5, the command pointed to the role of the B-52 Stratofortress bomber during the early stages of Operation Epic Fury. According to CENTCOM, within the first 100 hours of the operation, B-52 aircraft carried out strikes targeting Iranian ballistic missile infrastructure as well as command and contro

US President Donald Trump on Thursday announced that Senator Markwayne Mullin will become the next United States Secretary of Homeland Security, with the appointment set to take effect on March 31, 2026. The announcement was made through a post on Truth Social, where Trump also revealed that the current secretary, Kristi Noem, will transition to a new role as special envoy for a forthcoming regional security initiative known as “The Shield of the Americas.” According to the pres

Canada’s Prime Minister, Mark Carney, raised alarm about his country’s potential involvement in the ongoing US-Israel conflict with Iran, saying that Canada could not “categorically rule out participation” in the war. His comments, made in Canberra on Thursday, come as the conflict enters its sixth day, with mounting international concerns over its implications. Carney also expressed support for the US and Israeli airstrikes on Iran, albeit “with some regret,” calling th

In a rapid escalation of tensions, Iran struck a US tanker in the northern Persian Gulf hours after a US submarine torpedoed the Iranian warship IRIS Dena, killing 87 Iranian sailors. The Islamic Revolutionary Guard Corps (IRGC) claimed responsibility for the attack on the American tanker, which was reported to be on fire by Iranian state media. This move comes as Iran's foreign minister warned the US would "bitterly regret" its attack on the Iranian vessel, located off the coast of Sri Lanka

For decades, a recurring argument during periods of American involvement in the Middle East has been that such conflicts are driven by access to oil. However, the United States’ position in the global energy landscape has shifted dramatically over the past decade. Once heavily dependent on foreign imports, the country has transformed into one of the world’s largest producers of oil and natural gas, reshaping both global energy markets and geopolitical calculations. Recent figures from th

The United States has reportedly suffered nearly $2 billion in military equipment losses during the first four days of escalating hostilities with Iran following a joint US–Israel military campaign. Data compiled from defence assessments and open-source intelligence indicates that multiple American installations across the Middle East were damaged in retaliatory strikes launched by Tehran after the operation that resulted in the death of Iran’s Supreme Leader, Ali Khamenei. One

In response to the escalating crisis in the Middle East, Russia is preparing to ship 9.5 million barrels of crude oil to India. This move comes as India faces severe supply disruptions, particularly after Iranian attacks targeted vessels in the Strait of Hormuz, a critical oil route that handles 40% of India's crude imports. The current geopolitical tensions have left India vulnerable, as its crude stocks cover only about 25 days of demand, and inventories of refined products like gasoline, g

The United States military has deployed a new drone strike capability in the Middle East as part of its ongoing operations against the Islamic State. Speaking during a briefing on Operation Epic Fury, the commander of United States Central Command, Admiral Brad Cooper, confirmed that the US has begun using drones designed on the model of Iran’s Shahed-136 unmanned aerial vehicle. The system is intended to strengthen Washington’s ability to conduct precision strikes while countering milita

The Pentagon has identified four of the six United States soldiers killed in a drone strike on a military command center in Kuwait, as families across the country mourn service members who were deployed in support roles far from active combat zones. The soldiers died Sunday when a drone struck a command facility at Port Shuaiba, a strategic location used by US forces operating in the Gulf region. The attack occurred a day after the United States and Israel launched military operatio

As Illinois prepares for its 2026 primary election, early voting is already underway in several parts of the state, setting the stage for a contest that could reshape the political landscape despite the absence of a presidential race. The March 17 primary arrives at a pivotal moment, marked by the retirement of long-serving U.S. Sen. Dick Durbin and a series of high-profile matchups across statewide and congressional offices. In suburban Cook County, early voting begins Monday, with