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According to the Tehran Times: Iran has activated its air defense system in western Tehran.

2026-05-08

According to the Tehran Times: Iran has activated its air defense system in western Tehran.

Other News
2026-05-07

Oil market liquidity has fallen sharply amid the US-Iran war, with Brent crude open interest dropping to its lowest level since August as traders withdraw from highly volatile conditions linked to the Strait of Hormuz blockade. The prolonged disrupti

Oil market liquidity has fallen sharply amid the US-Iran war, with Brent crude open interest dropping to its lowest level since August as traders withdraw from highly volatile conditions linked to the Strait of Hormuz blockade. The prolonged disruption has cut off large volumes of Persian Gulf oil, intensifying price swings, including a 12% Brent drop after shifting peace expectations. Aldo Spanjer of BNP Paribas said the market has become “close to untradeable” due to repeated stop-loss triggers and unpredictable headlines. Market participants are increasingly limited to hedging, algorithmic trading, and reduced-risk positioning, according to Rebecca Babin of CIBC Private Wealth Group and Scott Shelton of TP ICAP.
2026-05-07

Leapmotor is expanding in Europe’s largest auto market with an ultra-low-cost EV strategy. In Germany, its T03 city car can be leased from €49 per month, roughly half the cost of a comparable Fiat 500, supported by a new EV subsidy and standard featu

Leapmotor is expanding in Europe’s largest auto market with an ultra-low-cost EV strategy. In Germany, its T03 city car can be leased from €49 per month, roughly half the cost of a comparable Fiat 500, supported by a new EV subsidy and standard features such as a rear-view camera, six airbags, and a panoramic sunroof. Sales in Germany rose more than fourfold in April, with deliveries up 358% in the first four months to 4,523 units. The growth reflects broader competition from Chinese automakers, including BYD and Geely, as they leverage a €3 billion German subsidy program to challenge European rivals with affordable EVs and hybrids.
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