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MIDDLE EAST CONFLICT
Airspace curbs impact on Air India worse than last year: OfficialThe Tata Group-owned airline has been taking longer routes for its European and North American flights since early last year following the ...
Oil Price Today (October 12): Crude oil dips to $103 despite simmering Iran war tensions. Here’s whyBrent crude futures declined $1.42, or 1.36%, to $103.35 a barrel, while US West Texas Intermediate crude fell $1.42, or 1.60%, to $90.42 a...
Oil falls on hopes Russia-Ukraine energy ceasefire will boost suppliesOn Monday, oil prices dipped as the prospect of increased Russian supplies emerged following a ceasefire announcement linked to a new diese...
Gold steady as markets strap in for inflation dataGold prices showed little movement as early Asian trading commenced, with many awaiting US inflation data this week. Spot gold remained ste...
Putin relays Iran's peace stance to Trump: KremlinPutin met Iranian President Masoud Pezeshkian on the sidelines of a summit in Turkmenistan earlier this week, where the Russian leader expr...
India to be fastest-growing large economy at 7.3% in 2026 as global trade slows to 4%, says UNCTADGlobal trade is projected to grow by 4% in 2026, which is slower than the 4.4% expansion in 2025. Increased trade values are driven by risi...
US consumer sentiment deteriorates further in OctoberThe University of Michigan's Surveys of Consumers said its Consumer Sentiment Index dropped to 46.3 this month from a final reading of 48.1...
Global Market: European stocks rebound as oil prices ease; telecom shares slide on SpaceX dealEuropean shares rebound as easing oil prices and retreating bond yields support sentiment amid hopes of reduced Middle East tensions. Telec...
Global Market: Singapore likely to tighten monetary policy as growth and inflation risks mountSingapore’s central bank is widely expected to tighten monetary policy on October 14 as resilient economic growth and rising inflation risk...
Putin offers help to Iran to end Middle East war ahead of CIS summitRussia's President Vladimir Putin met with Iran's Masoud Pezeshkian to discuss ending the Middle East conflict. During their talks in Turkm...
Saudi, UAE join Japan-led push to bolster Asian oil buffersSaudi Arabia and the United Arab Emirates are joining Japan's efforts to strengthen oil supply security in Southeast Asia. This collaborati...
Oil Price Today (October 8): Crude oil jumps 2% to $102 amid rising attacks on ships in Middle East. What lies ahead?Oil prices climbed on Thursday, with Brent crude surpassing $102 a barrel as Middle East tensions and attacks on Gulf shipments heightened ...
Oil rises as Middle East supply concerns persist amid shipping attacksRising oil prices are driven by persistent supply concerns from the Middle East. This month has seen a surge in attacks on shipping in the ...
IMF reaches staff deal with Pakistan, potentially unlocking $1.2 billionThe International Monetary Fund has achieved a staff-level agreement with Pakistan for its lending programs. This agreement could potential...
Putin backs mediation efforts on Middle East war, tells Iran Moscow ready to help as US-Iran talks hit impasseRussian President Vladimir Putin told his Iranian counterpart Masoud Pezeshkian in a phone call that Moscow was ready to help efforts to me...
EIA raises oil price forecasts as Iran war tightens global marketsThe EIA raised its oil price forecasts, citing tight global inventories, limited diesel supplies and ongoing Middle East supply risks. Bren...
Qatar says US-Iran talks to end Middle East war continue via mediators, despite deadlock over Strait of HormuzMediator Qatar confirmed that indirect negotiations between the United States and Iran continue amid a protracted conflict. Talks have resu...
US bombers redeployed to home bases after RAF Fairford terror attack probeThe U.S. Air Force has brought home its bombers stationed at RAF Fairford due to security concerns. An investigation into a potential terro...
Trump says Iran was weeks away from nuclear weapon, defends US actionIran is reportedly just weeks away from having a nuclear weapon, which concerns global leaders. US President Donald Trump highlighted the u...
Why are oil prices up today?Oil prices are up today as US President Donald Trump rejected an Iran peace proposal to resolve the Middle East conflict and reopen the Str...