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MIDDLE EAST SECURITY
US Iran war: Ship attacked near Strait of Hormuz, as per maritime agencyA ship was struck on Wednesday by "an unknown projectile" off the coast of Oman, near the Strait of Hormuz, sparking a fire, a British mari...
Dollar on back foot as US yields, crude prices dip; Aussie buoyed by hawkish RBAThe US dollar is facing downward pressure with both Treasury yields and crude oil prices on the decline. Meanwhile, the Australian dollar i...
Iran says Saudi Arabia, Houthis have not answered mediation offerIran's Foreign Minister Abbas Araqchi stated there has been no response to Iran's mediation offer. This offer comes after intensified Houth...
Oil Price Today (October 20): Crude oil nears $110 again as fresh attacks outweigh easing Russian sanctions. What are experts saying?Brent crude futures gained 21 cents, or 0.20, to $109.76 a barrel, while US West Texas Intermediate (WTI) crude futures for November delive...
Global Market Today: Asian stocks decline in break from US chip rallyLosses were led by a more than 2% drop in South Korea’s Kospi Index — a bellwether for artificial intelligence investments — as chip heavyw...
Qatar plans local defence productionThe Iran war has dealt a blow to Qatar. The country was forced to shut down much of its main LNG complex at Ras Laffan shortly after the st...
- Oil Price Today (October 19): Crude oil dips 2% to $108 after hitting its highest levels since May. Here’s why
Brent crude futures dropped $1.80, or 1.64%, to $108.06 a barrel after settling at their highest level since May 19 on Friday. US West Texa...
Gold edges higher as investors assess Fed rate-hike oddsIn early Asian trading, gold prices saw a modest uptick as speculation swirled regarding the Federal Reserve's policy stance. Investors are...
Oil slips as Trump's sanction waiver may lead to more Russian fuel suppliesOil prices took a tumble after US President Trump eased sanctions on Russia, prompting a surge in fuel exports. Brent crude futures fell to...
Akasa Air extends Saudi Arabia flight suspension until October 27Akasa Air has extended the suspension of flights to Riyadh and Jeddah until October 27, 2026. This decision follows the ongoing security co...
Trump move to restart direct US flights with Lebanon hits roadblockThe UN aviation agency has found Beirut’s main airport lacks valid certification, an emergency plan and adequate firefighting resources for...
India’s clean power firms prepare for an AI-fuelled data center demand surgeIndia is preparing to accommodate increased demand for renewable energy from data centers driven by artificial intelligence. The country's ...
Air India extends cancellation of Saudi Arabia flights till Oct 20Air India has announced a further extension of its flight cancellations to Saudi Arabia, now lasting until October 20, amid escalating conf...
Saudi Arabia accuses Iran of encouraging Houthis in latest escalationSaudi Arabia has recently reported an increase in Houthi attacks, which they attribute to Iranian support. The conflict in Yemen has escala...
Saudi Arabia accuses Iran of encouraging Houthis in latest escalationSaudi Arabia has accused Iran of arming and training Yemen's Houthi militants, escalating the ongoing conflict. The Houthis launched numero...
Jaishankar arrives in Abu Dhabi to attend 2nd Raisina Middle East ForumS Jaishankar arrived in Abu Dhabi for a two-day visit to review the India-UAE Comprehensive Strategic Partnership. He was welcomed by UAE M...
India shields city gas users as Hormuz crisis threatens South Asia's LNG demandIndia has shielded city gas supplies from Middle East LNG disruptions by cutting deliveries to fertiliser plants, refineries and industrial...