Oil prices soar past $100 a barrel
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Norway, war in Middle East
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Iran, Middle East
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TOKYO, March 9 (Reuters) - IMF Managing Director Kristalina Georgieva on Monday warned of inflation risks from the Middle East conflict, saying a 10% increase in oil prices, if persistent through most of the year,
The Merops system uses a roughly $15,000 reusable interceptor drone, giving the US a cheaper air defense option against Iran's Shahed drones.
An IndiGo flight from Delhi to Manchester returned to Delhi shortly after takeoff. This happened due to sudden airspace restrictions. These restrictions are linked to the evolving situation in West Asia.
The plane was due to leave Oman on Wednesday but remained grounded due to problems getting passengers on board.
The Association of Small and Medium Enterprises said firms may be forced to make tough decisions, including cutting manpower and reducing rental costs to cope with the disruption.
European natural-gas prices extended gains with the benchmark Dutch TTF contract climbing 19% as the war in the Middle East continues to roil energy markets.
Governments around the world are rushing to organize the return of their citizens from the Middle East on Wednesday and air traffic seems to be picking up slightly as travel across the region remains heavily disrupted by the widening Iran war.