Grounding Planes 'A Distinct Possibility': Tightened Global Fuel Supply Hitting Asian Nations Hardest

UAE Retracts Warning About "Potential Missle Threat" Update: it appears the earlier warning by the UAE was a false alarm: UAE SENDS ALERT SAYING 'PLEASE DISREGARD THE PREVIOUS WARNING' UAE ASKS PEOPLE TO IGNORE PREVIOUS WARNING * * *  Earlier Is the ceasefire over (again)? Moments ago stocks hit session lows and oil jumped from post-war lows after the UAE issued a phone alert warning of potential missile strikes. Iran's Tasnim promptly followed up, saying that according to news sources, there were explosions heard in Dubai. And while the initial report sent futures to session lows... ... , and oil...

"It Wasn't Copied": Ferrari CEO Defends First EV After Design Backlash Ferrari shares trading in Milan have not recovered since plunging the most in nearly eight months after the company unveiled its first EV sports car earlier this week, breaking with eight decades of petrol-powered tradition. The debut drew immense criticism, with one Wall Street analyst calling the new EV a "mix between a Honda Accord EV and Tesla." By Thursday, Ferrari CEO Benedetto Vigna was on damage-control duty at an event in Modena, where he defended the design of the...