Trump Triggers World Financial Panic as War Chaos Spirals
Panic-selling hits global markets as investors look to White House for clarity on Trump’s Iran war.
Markets, economy, finance and corporate news.
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Panic-selling hits global markets as investors look to White House for clarity on Trump’s Iran war.

Political figures in Iran criticized the idea of handing over the supreme leader's title based on heredity, creating a clerical version of the shah.

McDonald, who performed with his band, Country Joe and the Fish, died in Berkeley, California.

Global markets also took a beating, with Japan’s benchmark Nikkei 225 index plunging more than 5% and markets across Europe losing between 2% and 3%.

Maggie Gyllenhaal’s R-rated reimagining of the Bride of Frankenstein story, on the other hand, is flailing.

Ghana and Ivory Coast are responsible for nearly 70% of the global cocoa bean supply, and many farmers putting their land for other uses.

As of March 4, over 330,000 importers have made a total of over 53 million entries and paid about $166 billion in tariffs that now have to be refunded.

Finance ministers from the G7 are set to meet at 8.30 am New York time to discuss releasing reserves held by the International Energy Agency.

The emerging world of agentic commerce is already turning to stablecoins to power transactions.

“As a strategist, the risk case that we’re worried about is that there’s a lot of potential paths that this can take, that are out of the control of one party or another," Jake Manoukian tells Fortune in an exclusive interview.

National Transportation Safety Board member Todd Inman said he received notice Friday that his position on the board was "terminated effective immediately."

Lee Jae Myung would "swiftly introduce" a fuel price cap, adding that Seoul will explore ways to diversify its energy import sources

Crude oil prices surge more than 20 percent as sprawling regional conflict threatens global energy supplies.
Rising global oil prices triggered by the Iran war are increasing economic pressures across Africa, where most countries rely heavily on imported petroleum products. Analysts warn the conflict could drive higher fuel, food and transport costs while weakening …

U.S. Treasury yields climbed higher on Monday as oil prices soared past $100 a barrel and increased inflation fears among investors.

Russia is reportedly helping Iran target U.S. forces in the Middle East, and could now benefit from a windfall of new oil and gas sales.

Also: All the news and watercooler chat from Fortune.
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An American Airlines passenger unleashed an expletive-ridden tirade as she was allegedly kicked off a flight for playing a video on loudspeaker.

Kharg Island serves as the centerpiece for Iran's oil industry, accounting for roughly 90% of the country’s crude exports.

Controversial drug decisions mount as FDA reduces public advisory meetings. Industry leaders say the adcomms can add transparency to the approval process.

Nscale has become a key player in the AI infrastructure buildout

Shortly after the surge, U.S. President Donald Trump said on Truth Social that "short term oil prices" are "a very small price to pay."

The latest Middle East tensions sheds light on how the world's three largest oil consumers have taken different approaches to energy, with global consequences.