US stocks drop sharply as oil surge and Middle East tensions rattle markets

US stocks drop sharply as oil surge and Middle East tensions rattle markets

 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

India’s new baggage rules 2026: how much gold you can bring from Dubai duty-free

India’s new baggage rules 2026: how much gold you can bring from Dubai duty-free

​Rising global gold prices and attractive discounts in Dubai have prompted many Indian travellers to consider purchasing the precious metal in the United Arab Emirates and bringing it home. With gold prices touching nearly Rs 1,60,000 per 10 grams in India, Dubai’s relatively lower prices have increased interest among buyers seeking a better deal. However, Indian authorities have clear rules governing how much gold passengers can carry into the country and what taxes may apply. Under the

H-1B visa applications drop nearly 50% as new US policy changes reshape hiring

H-1B visa applications drop nearly 50% as new US policy changes reshape hiring

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

India lift T20 World Cup 2026 after posting record 255 against New Zealand

India lift T20 World Cup 2026 after posting record 255 against New Zealand

India created history by becoming the first team to successfully defend a T20 World Cup title after securing a dominant 96-run victory over New Zealand in the 2026 final at the Narendra Modi Stadium in Ahmedabad on Sunday. In a match filled with powerful batting and clinical bowling, India delivered a commanding performance to lift the trophy and underline their dominance in the shortest format of the game. Match Result India won by 96 runs

Lawsuit claims Tesla ignored warning signs before Austin Sixth Street shooting suspect

Lawsuit claims Tesla ignored warning signs before Austin Sixth Street shooting suspect

A woman employed at Tesla’s gigafactory in Austin has filed a lawsuit against the company, claiming it failed to maintain a safe workplace after she was allegedly assaulted by a coworker months before he was accused in a deadly shooting on Sixth Street. The lawsuit was filed by 65-year-old Lillian Mendoza Brady, who said she first realized the identity of the man she claims attacked her when she saw his name reported in news coverage of the fatal shooting in Austin’s entertainment distri

US–Israel–Iran War | Iran claims drone strike on UAE base; UAE says most missiles and drones intercepted

US–Israel–Iran War | Iran claims drone strike on UAE base; UAE says most missiles and drones intercepted

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

Oil prices surge as Middle East conflict disrupts global supply routes

Oil prices surge as Middle East conflict disrupts global supply routes

Global oil markets experienced unprecedented volatility this week as escalating tensions in the Middle East disrupted key energy supply routes and triggered the largest weekly surge in U.S. crude futures since trading began in 1983. The sharp rise in oil prices reflects growing concerns among investors and governments that prolonged conflict in the region could severely affect global fuel supply chains and economic stability. West Texas Intermediate crude futures climbed sharply on

Israeli airstrikes in Lebanon kill six as Qatar briefly raises security threat alert

Israeli airstrikes in Lebanon kill six as Qatar briefly raises security threat alert

At least six people were killed after an Israeli airstrike destroyed a residential building in the town of Jibchit in southern Lebanon early Saturday, according to official reports. Among the victims were four members of the same family, highlighting the growing civilian toll as tensions along the Israel-Lebanon border continue to intensify. The attack was part of a series of overnight Israeli military operations targeting areas in southern Lebanon, where cross-border hostilities have incre

FBI to deploy new agents in Washington as part of violent crime crackdown

FBI to deploy new agents in Washington as part of violent crime crackdown

WASHINGTON — The Federal Bureau of Investigation is preparing to assign additional agents to Washington, D.C., as part of an ongoing federal effort aimed at reducing violent crime across the nation’s capital. Officials say the move will strengthen the work already being carried out by the D.C. Safe and Beautiful Task Force, a collaborative initiative involving federal and local law enforcement agencies. According to an FBI spokesperson, a small group of newly trained agents grad

Red Bulls unveil new stadium food menu ahead of home opener

Red Bulls unveil new stadium food menu ahead of home opener

The New York Red Bulls are preparing for the start of the new Major League Soccer season with more than just action on the field. Fans attending matches at Sports Illustrated Stadium in Harrison will also see an expanded stadium food menu designed to enhance the overall game day experience. Chef Maj Parvez, who oversees culinary operations at the venue, recently introduced several new menu items ahead of the team’s home opener. During a preview inside the stadium, Parvez showcased

Trump considers US Navy escorts for oil tankers amid rising Iran tensions

Trump considers US Navy escorts for oil tankers amid rising Iran tensions

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

US and Israel airstrikes on Iran push death toll past 1,230 amid regional tensions

US and Israel airstrikes on Iran push death toll past 1,230 amid regional tensions

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

India allows emergency docking of Iranian naval ship IRIS Lavan in Kochi

India allows emergency docking of Iranian naval ship IRIS Lavan in Kochi

India has granted emergency docking permission to an Iranian naval vessel at Kochi and arranged accommodation for its crew after the ship reported technical difficulties, according to government sources. The Iranian vessel, identified as IRIS Lavan, arrived at Kochi on 4 March after receiving approval from Indian authorities earlier this month. Government officials said the request from Iran was received on 28 February 2026, stating that the ship required urgent docking due to technical issu

US–Israel–Iran War | Russia reportedly shares US military intelligence with Iran amid rising tensions

US–Israel–Iran War | Russia reportedly shares US military intelligence with Iran amid rising tensions

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

US–Israel–Iran War | Dubai residents receive missile alerts as Middle East tensions disrupt flights

US–Israel–Iran War | Dubai residents receive missile alerts as Middle East tensions disrupt flights

Residents across Dubai experienced widespread panic after receiving emergency alerts on their mobile phones warning of a possible missile threat on Friday. The alerts were issued amid escalating tensions in the Middle East, where Iran has launched missile and drone attacks targeting United States military installations across several Gulf countries during the past week. According to the notification sent to residents, people were advised to remain cautious, avoid unnecessary outdoor movement

Punjabi-origin YouTuber Nancy Grewal stabbed to death in Ontario, police probe homicide

Punjabi-origin YouTuber Nancy Grewal stabbed to death in Ontario, police probe homicide

A 45-year-old woman of Punjabi origin has died after being stabbed in Ontario, Canada, prompting a homicide investigation by local authorities. The victim, identified as Nancy Grewal, was a Windsor resident and an active YouTuber who frequently shared commentary on social and political issues related to Punjab and the Indian diaspora. According to the LaSalle Police Service, officers and paramedics responded to reports of a stabbing shortly before 9:30 p.m. local time on Tuesday, Ma

Severe storm risk returns to Chicago region with heavy rain, hail and strong winds

Severe storm risk returns to Chicago region with heavy rain, hail and strong winds

Spring weather is bringing renewed storm threats to the Chicago area, where forecasters say residents could experience two separate waves of showers and thunderstorms on Friday. While uncertainty remains regarding the strength of the storms, meteorologists say changing conditions throughout the day could allow some systems to intensify. The day is expected to begin with foggy conditions across the region before the first round of showers and thunderstorms approaches parts of the western subu

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