Australia S&P Global Manufacturing PMI down to 51 in February from previous 51.5

Mar 2, 2026

Iran’s IRGC: No vessels are permitted to cross the Strait of Hormuz – Reuters

Citing a Tehran Times post on X, Reuters reported on Sunday that the Islamic Revolutionary Guard Corps (IRGC) Navy announced via VHF radio that no vessels are permitted to cross the Strait of Hormuz, effectively declaring the critical maritime chokepoint closed.

OPEC+ agrees modest oil output boost for April

The Organization of the Petroleum Exporting Countries and its allies (OPEC+) said on Sunday that they will boost production of crude as US and Israeli forces launched a major attack on Iran and the country responded with retaliatory strikes against Israel and US military installations around the Gul