Dollar Hits Three-Month High Amid Energy Price Fears

The US dollar strengthened to its highest level in three months during Asian trading on Wednesday. Investors are selling off the euro en masse, fearing escalation of the Middle East conflict and subsequent rises in oil and gas prices.

The dollar rose to a three-month high in early Asian trading on Wednesday as investors shunned the euro amid growing fears of sustained energy price increases due to the escalating conflict in the Middle East.

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2026-03-04T04:22:35+00:00

MLS and Vancouver to Pay €300,000 for Messi's Absence

American soccer league and Vancouver Whitecaps FC have reached an agreement to pay €300,000 in compensation for Lionel Messi's absence in a May 2024 match. The decision was made to mitigate fan reaction and protect the league's image.

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2026-03-04T04:14:08+00:00

Goldman Sachs CEO on Iran's Impact on Markets

David Solomon, head of Goldman Sachs, stated that markets will need time to adapt to the situation in Iran. He linked this to general inflationary pressure caused by global events. In his view, this is just one example of global influence on the economy.

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2026-03-04T04:13:15+00:00

Trump Orders Protection of Gulf Shipping

US President announces measures to protect shipping in the Gulf, including potential military escorts for tankers.

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2026-03-03T22:45:38+00:00

Trump announces military escort to cross Hormuz and 'reasonable' insurance for shipping lines

US President Donald Trump announced the provision of 'reasonable price' political risk insurance and a military escort for maritime trade through the Strait of Hormuz to counter its closure by Iran. These measures aim to ensure the free flow of energy and stabilize the market.

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