Breaking news, many people were killed and a fire broke out in …See more
Just 5 minutes ago, a devastating tragedy unfolded as multiple people lost their lives and a massive fire erupted at [location]. The scene is filled with thick smoke and the frantic screams of panic echoing everywhere.
According to initial reports, the blaze broke out during peak hours, trapping dozens of individuals inside the building. Rescue teams rushed to the scene but have been struggling under extremely hazardous conditions to reach and save the victims.
Eyewitnesses describe the scene as hellish: “The smoke was so thick, the fire spread rapidly, and people were desperately trying to find a way out. Sadly, some didn’t make it.”
No official casualty numbers have been released yet; however, preliminary estimates suggest that dozens may be dead or injured. Local authorities have declared a state of emergency and urged people to stay clear of the area to facilitate rescue operations.
The big question remains: What caused this catastrophic fire? Was it an accident, or is there evidence of foul play?
We will continue to provide the latest updates and detailed coverage of this horrific event. Stay tuned to avoid missing any developments.
Oil prices spike, US stocks fall on Israel-Iran crisis
Crude oil prices jump more than 4 percent on fears the US may join Israel’s offensive against Iran.
Oil prices have spiked over fears that the Israel-Iran crisis could spiral into a broader conflict involving the United States.
Brent North Sea crude and West Texas intermediate – the two most popular oil benchmarks – rose 4.4 percent and 4.3 percent, respectively, on Tuesday as US President Donald Trump demanded “unconditional surrender” from Tehran.
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The benchmarks stood at $76.45 and $74.84 per barrel, respectively, after the jump.
Oil prices edged up further in early trading on Wednesday with both benchmarks about 0.5 percent higher as of 03:30 GMT.
US stocks fell on the rising geopolitical tensions overnight with the benchmark S&P 500 declining 0.84 percent and the tech-heavy Nasdaq Composite down 0.91 percent.
Israel has bombed multiple oil and gas facilities in Iran since Friday, including the South Pars gasfield, the Fajr Jam gas plant, the Shahran oil depot and the Shahr Rey oil refinery.
While there has been little disruption to global energy flows so far, the possibility of escalation – including direct US involvement in Israel’s military offensive – has put markets on edge.
On Tuesday, Trump ratcheted up his rhetoric against Iran, adding to fears that his administration could order a military strike against Iran’s uranium enrichment facility at Fordow.
In a thinly veiled threat against Iranian Supreme Leader Ali Khamenei, Trump said in a Truth Social post that the US knew his location but would not have him killed “at least for now”.