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MIDDLE EAST ENERGY CRISIS
Oil prices extend losses as fears of Middle East supply disruptions easeOil prices fell further on Thursday, building on losses from the day before, largely influenced by Saudi Arabia's promise of more crude. Re...
US stocks today: US stocks edge higher as oil eases ahead of Fed rate decisionUS stocks traded mixed as investors awaited the Federal Reserve's interest rate decision. Easing oil prices offered some relief after a two...
US touts its power, avoids Iran war at G20 Energy meetingUnited States energy ministers met in Houston, promoting domestic production and energy independence. Washington's policies aim to reverse ...
Saudi Arabia runs out of oil export routes as pipeline shuts, Hormuz blockedSaudi Arabia's oil exports face growing challenges after attacks closed a key pipeline. Iran and its allies have tightened their grip on vi...
Oil Price Today (September 15): Crude oil rises to $107 as Saudi energy infra attacks raise supply fears. What are experts saying?Crude Oil Price : On Tuesday, oil prices experienced a significant rise as assaults on Saudi energy infrastructure intensified. The key Eas...
Oil prices rise as Saudi pipeline outage, fresh attacks raise supply concernsOil prices increased as attacks on Saudi energy infrastructure persisted. The kingdom's East-West pipeline remains offline, impacting globa...
What the closure of Saudi Arabia's East-West pipeline means for oil flowsSaudi Arabia closed a major oil pipeline after a drone attack, raising global energy shortage fears. This closure threatens to remove milli...
War in the Middle East is making clothes more expensiveThe ongoing conflict in Iran is causing significant disruptions in global apparel supply chains.
Saudi pipeline outage threatens loss of 4% of global oil supplySaudi Arabia's oil exports face a significant threat from pipeline damage. The kingdom has only a few days of oil stocks remaining for expo...
Lithuania closes Vilnius airport, NATO summons jets in response to possible droneLithuania's Vilnius airport closed Sunday after a drone was possibly sighted. A NATO fighter jet was summoned from northern Lithuania as a ...
Iran and UAE back joint BRICS statement urging restraint in warIran and the United Arab Emirates joined a BRICS statement urging Middle East restraint. This move signals diplomatic progress between the ...
Xi Jinping urges BRICS to stand on ‘right side of history’, calls for peace in Middle EastChinese President Xi Jinping urged BRICS nations to champion peace and stability globally. He specifically highlighted the ongoing Middle E...
Dollar holds gains, yen slips as Mideast energy shock deepensCurrently, the dollar stands firm near its weekly highs, whereas the yen is on a downward trajectory, fueled by apprehensions surrounding e...
IMF say global growth on track to reach 3% in 2026, but risks remain highThe global economy has weathered the energy shock better than feared. Economic output is still expected to expand by about three percent in...
Global Market: European markets fall as Middle East tensions push oil prices higherEuropean markets declined as investors awaited crucial US inflation stats, while escalating Middle East tensions propelled oil prices upwar...
Global Market: China stocks edge higher as agriculture, energy and gold shares offset tech weaknessChina’s stock markets edged higher on Tuesday, led by agriculture, energy and gold-related shares, while technology stocks declined. The CS...
Blackouts and bigger bills: Pakistan's energy dilemma deepens as Middle East war hurts supplyPakistan’s energy crisis is worsening as disrupted LNG supplies and soaring spot prices force Islamabad to choose between expensive fuel an...