Tag: Middle East
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Oil heads for weekly gains as Middle East supply risks persist
LONDON, July 10 : Oil prices rose on Friday and were on track for weekly gains as renewed U.S.-Iran fighting disrupted shipping in the Strait of Hormuz, stoking concerns over supply disruptions.Brent futures were up 60 cents, or 0.8 per cent, at $76.90 a barrel by 1131 GMT. U.S. West Texas Intermediate (WTI)
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Oil heads for weekly gain as Middle East supply risks persist
NEW DELHI, July 10 : Oil prices rose on Friday and were set for weekly gains because of renewed fears of supply disruptions from the key Middle East producing region after renewed fighting between the U.S. and Iran this week curtailed shipping in the Strait of Hormuz.Brent futures were up 19 cents, or
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Trump says Iran called to make a deal after U.S. strikes; adds it’s unclear if war is back on
When asked whether the U.S. and Iran are returning to full-scale military conflict, Trump responded: “I don’t know.”
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Lufthansa expects challenging second half of 2026 but sees growth in Asia Pacific
The German airline group tells CNA’s Yasmin Jonkers that geopolitical tensions, higher costs and sustainability pressures will continue, even as demand in the Asia-Pacific region remains strong.
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Cathay Pacific says to resume Middle East passenger services from September
BEIJING, July 2 : Hong Kong airline Cathay Pacific will resume its Middle East passenger flights starting from September, the carrier said on Thursday in a statement.• It said daily passenger flights to Dubai and four times weekly passenger flights to Riyadh will resume from September 1, and these flights a
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Cathay Pacific to resume Middle East flights
HONG KONG: Hong Kong’s flagship airline Cathay Pacific announced on Thursday (Jul 2) that it will resume flights to the Middle East, as the United States and Iran signal that efforts to end the war remain viable.
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Middle East updates: Iran, US to attend talks in Qatar
Representatives from both countries will hold indirect meetings in Doha to discuss the next steps of the deal that would end the war between them. Follow DW for all the updates.
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Japan business mood improves despite Middle East war, BOJ survey shows
TOKYO, July 1 : Big Japanese manufacturers’ sentiment improved in the three months to June to levels unseen since 2018, a closely watched survey showed on Wednesday, a sign the economy was weathering the energy shock from the Middle East conflict for now.But companies expect business conditions to worsen thre
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Middle East: Trump announces new Doha talks, Iran demurs
The US and Iran have agreed to refrain from hostilities after a recent flareup, according to Washington, with US President Trump anouncing new talks will be held in Doha. Iran has yet to confirm this. DW has more.
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Commentary: Despite its best efforts, Iran won’t be able to toll the Strait of Hormuz
Iran is using its success in disrupting shipping through the Strait of Hormuz as leverage in negotiations. But leverage and long-term control are not the same thing, says a defence professor.
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