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Energy Security Concerns Rise After Strikes Hit UAE Infrastructure

Smoke rises in the Fujairah oil industry zone, caused by debris after interception of a drone by air defenses, according to the Fujairah media office, amid the U.S.-Israel conflict with Iran, in Fujairah, United Arab Emirates, March 14, 2026. A series of attacks targeting key energy sites in the United Arab Emirates has intensified concerns over the stability of global energy supplies. Strikes on the Fujairah port—one of the world’s most important oil hubs—along with disruptions at the Shah gas field have added new pressure to already‑strained markets. Fujairah, located outside the Strait of Hormuz, is a strategic export point designed to bypass one of the world’s most vulnerable maritime chokepoints. Any threat to its operations reverberates quickly through global oil markets. Meanwhile, the Shah gas field, a major producer of sour gas essential to the UAE’s domestic energy mix, has faced operational interruptions following reported attacks. These incidents come at a time when geop...
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Stock Market Today: World Shares Mostly Advance After Wall St Comeback from Worst Loss Since 2022

Shares were mostly higher in Asia and Europe on Friday following a patchy comeback by Wall Street from its worst loss since 2022. Here are the key highlights:

  • Asia:
    • Tokyo: The Nikkei 225 index initially gained but later slipped 0.5% to 37,667.41. Tokyo’s core consumer price index rose 2.2% in July, adding to expectations that the Bank of Japan may raise its near-zero benchmark interest rate.
    • Hong Kong: The Hang Seng edged 0.2% higher.
    • Shanghai: The Composite index edged 0.1% lower.
    • Seoul: The Kospi surged 0.9%.
    • Taiwan: The Taiex sank 3.3% after reopening following a typhoon-related closure.
  • Europe:
    • Germany: The DAX edged 0.2% higher.
    • France: The CAC 40 rose 0.8%.
  • U.S. Futures and Oil Prices:
    • U.S. futures and oil prices also saw gains.

The split performance on Wall Street saw general stocks and other previously downtrodden areas rise, while Big Tech stocks gave back some of their recent gains. Overall, markets remain volatile, influenced by global economic conditions and investor sentiment.

Remember to stay informed and consider professional advice when making investment decisions. 


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