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MIDEAST CONFLICT
Dollar stays near 18-month high as Mideast conflict, inflation data in focusThe dollar's steadiness reflects a cautious market responding to geopolitical stresses in the Middle East, which have dampened investor con...- 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...
- Trump says Iran has been ‘decimated’, warns will decide on Tehran the ‘easy’ or ‘hard’ wayUS President Donald Trump indicated a decision regarding Iran will be made soon, emphasizing potential outcomes. He highlighted that Iran i...
- Trump says latest Iran peace offer not enough, may resume bombing, and other Mideast developmentsUS President Donald Trump has suggested that following the elections, he might escalate military actions against Iran. In Yemen, clashes ha...
- The US military says its withdrawal of troops from Iraq is completeThe US military has finished withdrawing all troops from Iraq, marking the end of a 12-year mission. This withdrawal culminated in the hand...
- Democrats to probe lucrative Trump family business deals if they win midterms* Majority in House or Senate would give Democrats subpoena power and funds for expanded investigative staff * Trump-linked crypto firms an...
- US Iran war: Oman calls for self-restraint, dialogue in Mideast conflictOmani Foreign Minister Badr Albusaidi called for self-restraint from all parties involved in the Middle East war. He emphasized that Oman i...
- War, runaway AI and climate shocks will take center stage as world leaders meet at UNWorld leaders gather at the United Nations amid numerous global conflicts and escalating crises. Artificial intelligence concerns are now a...
- Saudi crown prince seeks Egypt's backing as Houthi attacks rattle Red Sea oil routesSaudi Arabia's Crown Prince met Egypt's President seeking support against Houthi rebel attacks. These attacks threaten vital shipping lanes...
- Trump administration plans $2.8 billion Israel arms deal with 40,000 powerful bombsThe Trump administration is planning a $2.8 billion arms deal to supply Israel with 40,000 2,000-pound bombs, including weapons whose deliv...
- Oil markets survived the Iran war sprint. Now comes the marathonThe Iran war is increasingly looking like a prolonged threat to global energy markets, rather than a short-term supply shock. Crude has ris...
- Saudi Arabia faces fresh Red Sea threat as Houthi gains, pipeline shutdown rattle kingdomHouthi rebels are advancing, threatening a vital Red Sea shipping route. Drone attacks have forced a major pipeline closure, impacting glob...
- IEA slashes oil demand forecast as prices surgeThe International Energy Agency on Friday further reduced its forecast for global oil demand this year, citing the recent escalation in the...
- Oil rises as risks of prolonged Mideast conflict heighten supply worriesOil prices surged on Tuesday as tensions in the Middle East escalated. Iran's warnings of potential retaliation fueled concerns over supply...
- Oil importers are learning to live with a new reality as old routes of business fall apartOngoing tensions involving Iran are pushing major oil importers to develop alternative supply routes, which increasingly bypass the supply ...
- Iran-US attacks restart: Refiners in the crosshairs again as some Gulf cargoes stand delayed, cancelledIndian refiners face mounting crude supply disruptions from the Gulf region. Rising vessel attacks and transit bottlenecks are causing sign...
- Xi visits Egypt as China seeks deeper influence across the MideastChinese President Xi Jinping’s Egypt visit is deepening Beijing’s ties with a key US ally while advancing China’s bid for greater Middle Ea...
- Charting the Global Economy: US CPI softens, UK economy expandsUS inflation showed little acceleration in July, reinforcing the Federal Reserve's pause on rate hikes. European economies continued to sho...
- 2 UAE tankers attacked while transiting Strait of HormuzThe United Arab Emirates accused Iran of conducting drone strikes on two oil tankers navigating the strategic Strait of Hormuz. Meanwhile, ...
- Trump says Gulf leaders' input weighed heavily in decision to hold off new Iran strikesUS President Trump opted against launching new strikes on Iran after receiving counsel from Gulf allies, advocating for diplomatic solution...
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