Economics: Latest and Breaking News from Azerbaijan and the World | News.az

Economics

Emirates resumes limited flights after earlier suspension

Emirates has resumed reduced flight operations after a temporary suspension earlier on Monday.

16 Mar 2026-16:21
Nvidia CEO set to unveil new AI chips and software

Nvidia CEO Jensen Huang is set to present the company’s latest hardware and software developments at its annual developer conference, GTC, taking place in San Jose, California.

16 Mar 2026-15:21
Oil loading halted at UAE’s Fujairah port after drone attack

Oil loading operations at the UAE’s Fujairah port have been suspended after a drone attack triggered a fire in the emirate’s petroleum industrial zone, according to two sources.

16 Mar 2026-14:54
Nebius signs major AI infrastructure deal with Meta

16 Mar 2026-14:25
Dow, S&P 500, Nasdaq futures surge amid oil price spike

U.S. stock futures moved higher early Monday as markets attempted to stabilize after another difficult week for equities, while investors closely monitored the sharp rise in oil prices driven by the ongoing conflict between the U.S. and Iran.

16 Mar 2026-13:52
Iran war puts Gulf economies on brink of historic slump

The ongoing conflict with Iran could trigger one of the most severe economic downturns for Gulf nations since the early 1990s, threatening the economies of Saudi Arabia, United Arab Emirates and Qatar if hostilities persist.

16 Mar 2026-12:20
XRP approaches critical 200 EMA level as triangle pattern forms

XRP is approaching a critical technical juncture as price compresses around the 200-week exponential moving average (EMA) on the weekly chart, a level that historically defines the cryptocurrency’s broader trend.

16 Mar 2026-11:40
Gold silver prices drop on global markets

Gold and silver prices declined on global markets on March 16, 2026.

16 Mar 2026-11:20
Oil tops $106 as Trump seeks to reopen Hormuz Strait

Global oil prices continued their climb on Monday as uncertainty grows over the effective closure of the Strait of Hormuz, a critical waterway that normally carries about one-fifth of the world’s oil supply.

16 Mar 2026-10:32
Japan starts unilateral oil reserve release

Japan began releasing oil from its reserves on Monday in an effort to ease supply concerns triggered by the escalating U.S.-Israel conflict with Iran and to stabilize the domestic petroleum market.

16 Mar 2026-10:32

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