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singapore international arbitration centre

Oil Prices Soar as Middle East Tension Drives Up Brent

March 13, 2026

The war in the Middle East is pushing oil prices higher. Goldman Sachs now thinks the average price for Brent crude will be over $100 a barrel this month because supply is being cut off. If the block at the Strait of Hormuz lasts longer, prices could rise even more. For April, analysts expect Brent

politics

The Strait of Hormuz: Calm in the Storm

March 13, 2026

Defense Secretary Pete Hegseth said that worries about a closed Strait of Hormuz are overblown, claiming the U. S. has plans to keep oil moving even while Iran’s forces threaten shipping. He brushed off reports that the Pentagon had no strategy before the recent conflict, noting that Iran has long u

politics

Trump’s Oil Move Sparks Ukraine Protest

March 13, 2026

Zelensky criticises the United States for easing sanctions on Russian oil, arguing it gives Moscow extra money to fund its war in Ukraine. The U. S. President granted a 30‑day waiver that lets nations buy Russian oil stuck at sea, hoping to calm rising fuel prices worldwide. Ukraine’s leader s

business

Travel Plans in Turmoil: What the Iran Conflict Means for Your Trips

March 13, 2026

The war near Iran is already affecting everyday costs like gas and groceries, but its impact on travel goes far deeper. As airlines scrambled when fighting started in late February, flight routes were disrupted and prices began to climb, especially for long‑haul journeys that usually cut through Mid

politics

Lebanon Faces Mass Evacuation Orders Amid Ongoing Israeli Strikes

March 13, 2026

Israel has issued orders that force people to leave homes in more than one‑eighth of Lebanon’s land, a major aid organization reports. The directives now cover roughly 1, 470 square kilometres, or about 14 % of the country, and include parts of southern Lebanon and stretches of Beirut. These command

education

A New Generation Shines at Flint’s 70‑Year Science Fair

March 13, 2026

Mid‑Michigan students gather in downtown Flint for a two‑day science showdown. The event kicks off Friday with students setting up their projects at the University of Michigan‑Flint’s Riverfront Residence Hall and Banquet Center. Saturday is the real action: judges review the displays, intervi

politics

Panama Urges China’s Shipping Giant Back to Balboa Port

March 13, 2026

The Panamanian government is calling on COSCO Shipping, a major Chinese company, to return its services to the Balboa port. The request comes after COSCO announced it would stop operating there, a move that surprised officials because the company handles about 4 % of the cargo passing through the ca

politics

A New Look at the Iraq‑Iran Debate

March 13, 2026

The idea that a war could simply “cut it off and kill it” feels oddly clear to those who lived through the Gulf War. Yet, for many people in Iran, the recent strikes have taken on a different meaning – not just bombs but hope for change. In the summer of 2024, when U. S. forces targeted Iranian n

politics

Crypto Bets Predict Early Exit for Iran's New Supreme Leader

March 13, 2026

The new head of Iran, Mojtaba Khamenei, has sparked a wave of speculation among cryptocurrency traders who are placing bets on how long he will stay in power. The prediction market Polymarket, which runs on the Polygon blockchain, reports that there is a 64 percent chance he will be removed or incap

politics

Nuclear Plant in Danger as Fighting Rises

March 13, 2026

The chief of Russia’s state nuclear company said that the area around Ukraine’s Zaporizhzhia power station is becoming riskier for military reasons. He pointed out that the frequency of shelling, drone raids and mortar fire has gone up in recent months. Because of these attacks the industrial