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Oil prices hit highest level since 2022

The price of the Brent oil benchmark peaked at $89 per barrel on Tuesday, nearing levels last seen in June 2022, according to Intercontinental Exchange (ICE) data. Industry experts have attributed the surge to an Israeli airstrike on the Iranian consulate in Damascus and Tehran’s threat of retaliation.

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Ukraine claims to have increased drone production tenfold

Digital Transformation Minister Mikhail Fedorov has boasted that some domestically produced UAVs can reach targets over 1,000km away Ukraine has significantly boosted domestic drone production amid President Vladimir Zelensky’s call to build one million units this year, according to the country’s Digital Transformation Minister, Mikhail Fedorov.

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Russians cooling on Dubai – Bloomberg

Russians are scaling back their property investments in Dubai due to a rise in local prices and a tighter US sanctions compliance policy in the emirate, Bloomberg reported on Thursday.    Dubai’s property boom in the years following the Covid-19 pandemic has been one of the fastest in the world, fueled by investor-friendly reforms and…

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