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US Treasury Secretary Scott Bessent indicated President Trump’s plan to raise universal tariffs to 15% could happen this week. While a temporary 10% levy is in place, authorities aim to reinstate previous tariffs within five months. Bessent also downplayed oil market risks from Middle East tensions, citing ample global supply and US support measures.

Also, sea levels may be higher than we thought. Here’s the latest at the end of Wednesday.

Saudia has extended flight suspensions to eight key destinations until March 6, 2026. This decision stems from ongoing regional tensions and airspace closures due to US–Israel–Iran conflict, impacting commercial air travel. The airline is contacting affected passengers directly. Travellers are advised to verify flight status before heading to the airport. Other regional carriers also face

Injuries heavily impact the March 4, 2026, matchup between the Utah Jazz and Philadelphia 76ers. With multiple key players sidelined for both teams, younger talent and reserves will be crucial. Philadelphia aims to maintain its Eastern Conference standing, while Utah seeks to end a losing streak, making the performance of secondary players pivotal.

Emma Watson seems to be opening a new chapter in her love life with the dashing businessman Gonzalo Hevia Bailleres from Mexico. Their recent vacation in breathtaking Punta Mita, Mexico, provided the perfect backdrop for a romantic escapade, where the couple was photographed enjoying tender moments together, much to the delight of onlooking paparazzi.

Indian wealthtech platforms are integrating AI to personalize investing and speed up product launches. Companies like INDmoney, Upstox, and Groww are using AI to enhance user experience, improve internal productivity, and accelerate feature rollouts. This allows them to scale operations and deliver new products efficiently without significant headcount increases.

Oil marketing companies are absorbing recent crude oil price spikes, creating a buffer against inflation and GDP impacts. Despite a 16.8% rise in Brent crude, a full pass-through to consumers is unlikely, with OMCs expected to manage the increase through their margins. This strategy helps cushion India’s economy from geopolitical shocks affecting its heavy reliance

The rupee hit a new low of 92.30 against the dollar, driven by West Asian conflict risks impacting India’s economy. Economists warn this conflict could be more severe than the Russia-Ukraine war, affecting exports and remittances. The currency has depreciated 2.5% in 2026, with further weakness anticipated if geopolitical tensions persist.