UK inflation may hit 3.5% by late 2026, pushing mortgage costs up and worsening financial strain.

Uber to invest $1.25B in Rivian for 50,000 self-driving robotaxis, starting in 2028.

Meta plans up to 20% layoffs, affecting ~15,800 workers, to cut costs from AI investments, though no decision is final.

The Trump administration approved Sable Offshore to restart oil drilling in the Santa Barbara Channel on March 13, 2026, reversing a prior halt.

U.S. eases Venezuela oil sanctions for select companies amid global supply efforts.

China's 2026 economy grew stronger than expected, boosted by AI demand and exports, but property slump and weak consumption persist.

An Indian tanker safely left Fujairah after a drone attack disrupted oil loading, with all crew unharmed and ongoing efforts to ensure maritime safety.

Delhi limits commercial LPG to 1,800 cylinders daily due to national shortage, prioritizing critical services.

Iran's actions in the Strait of Hormuz threaten oil supplies, keeping prices high despite U.S. efforts to stabilize markets.

U.S. stocks rose on March 16, 2026, led by tech gains and strong volume, despite Middle East tensions.