Asia-Pacific Markets Retreat Amid Rising Oil Prices and US-Iran Tensions

Asia-Pacific markets fell on Monday amid rising oil prices and the escalating US-Iran conflict. Investors are assessing the potential impact of these events on the global economy.

Asia-Pacific markets retreated on Monday as investors assess rising oil prices and the latest developments in the escalating conflict between the United States and Iran. Investors are closely monitoring the situation, trying to understand how these factors may impact the global economy. The surge in oil prices is one of the key factors causing concern among analysts.

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2026-03-16T08:07:16+00:00

Film «One Battle After Another» Wins Big at the Oscars

Paul Thomas Anderson's film «One Battle After Another» won six Oscars, including top prizes for Best Picture, Best Director, and Best Adapted Screenplay. Sean Penn also won Best Supporting Actor.

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2026-03-16T07:41:57+00:00

Trump Claims Absolute Right to Reimpose Tariffs

US President Donald Trump stated he has the 'absolute right' to reimpose tariffs, emphasizing that his actions are aimed at protecting national interests.

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2026-03-16T04:50:26+00:00

White House Plans Multinational Coalition to Escort Ships Through Strait of Hormuz

The White House is considering forming an international coalition to secure shipping in the Strait of Hormuz. This move comes after U.S. and Israeli military actions against Iran, which caused oil prices to surge and disrupted the global economy.

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2026-03-16T04:15:43+00:00

Basquiat Painting Valued at $45M for New York Auction

Jean-Michel Basquiat's monumental painting 'Museum Security (Broadway Meltdown)' is up for auction at Sotheby's in New York, with an estimate of up to $45 million. The 1983 work shows a sustained increase in value on the art market.

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