UAE’s Fujairah oil trading hub targeted by a drone attack, causing large fire
It comes after a separate drone strike at Fujairah on Saturday, underlining the vulnerability of the UAE’s only export route that bypasses the Strait of Hormuz.
Trump signals possible delay to Beijing summit as U.S. pressures China to help reopen Strait of Hormuz
The remarks came as Treasury Secretary Scott Bessent met his Chinese counterpart He Lifeng in Paris, paving the way for the summit scheduled for late March.
Democrats blast FCC Chair Carr’s broadcast license threats as anti-First Amendment, ‘totalitarian’
Carr on Saturday blasted broadcasters shortly after President Donald Trump called reports that Iran struck five U.S. tanker planes “fake news.”
Trump weighing options to strike Iran’s critical oil hub, UN Ambassador Waltz says
Israel says it has killed two senior Iranian intelligence officials as oil loading reportedly resumes in the UAE’s Fujairah port following a fire.
Oil and Nvidia are key for Wall Street next week amid Iran war volatility
Investors will be awaiting developments with Nvidia and the Middle East as the war against Iran by the U.S. and Israel faces a third week.
Amazon to hike price of ad-free Prime Video tier by $2 a month
Amazon is boosting the price of Prime Video to $4.99 a month in the U.S., from $2.99 per month for users who want to avoid ads.
Trump says he thinks Russian leader Putin is helping Iran in war
Russian leaders told President Trump they aren’t sharing intelligence with Iran as it fights the U.S. and Israel, special envoy Steve Witkoff said this week.
Blackstone is a major seller in January commercial real estate deals
Blackstone appears to be rebalancing its real estate investment trust portfolio, selling off legacy holdings.
Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1%
The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.
Defense Secretary Pete Hegseth on Strait of Hormuz: ‘Don’t need to worry about it’
The Strait of Hormuz, the world’s most critical chokepoint for oil shipments, has been effectively closed since the U.S. and Israel began the war on Iran.
