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UAE Foreign Ministry said the Iranian drone attack was a dangerous escalation and a blatant violation of UAE sovereignty.

2026-08-31

UAE Foreign Ministry said the Iranian drone attack was a dangerous escalation and a blatant violation of UAE sovereignty.

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2026-08-31

Emerging markets equities and currencies fell after Fed chair KEVIN WARSH delivered hawkish remarks and markets priced a higher path for US rates. The MSCI Emerging Markets index dropped as much as 1.4%, its largest intraday fall since Aug. 24, with

Emerging markets equities and currencies fell after Fed chair KEVIN WARSH delivered hawkish remarks and markets priced a higher path for US rates. The MSCI Emerging Markets index dropped as much as 1.4%, its largest intraday fall since Aug. 24, with South Korea’s benchmark leading losses. An EM currency index was poised to post its first decline after nine consecutive trading-day gains, with the Indonesian rupiah underperforming peers. Market attention is on further Fed signals; renewed Middle East tensions could amplify volatility, BNY Mellon Asia strategist Wee Khoon Chong said, adding higher US yields and escalating regional risk are weighing on risk appetite.
2026-08-31

According to Al Jazeera, the general manager of the National Iranian Oil Company stated that the situation on Kharg Island is calm and oil production has not been affected.

According to Al Jazeera, the general manager of the National Iranian Oil Company stated that the situation on Kharg Island is calm and oil production has not been affected.
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