Tag: Middle East
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Oil prices rise for second session on continued Middle East supply concerns
Sept 29 : Oil prices rose for a second successive session on Tuesday as lingering concern over Middle East supply disruption brought about by the US-Israeli war on Iran outweighed signs of recovering crude exports from the region.Brent crude futures for November rose $1.71, or 1.6 per cent, to $106.99 a barre
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Oil prices rise for second session on continued Middle East supply concern
Sept 29 : Oil prices rose for a second successive session on Tuesday as lingering concern over Middle East supply disruption brought about by US-Iran conflict outweighed signs of recovering crude exports from the region.Brent crude futures had risen 63 cents, or 0.6 per cent, to $105.91 a barrel by 0002 GMT w
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Iran supreme leader says US will be forced out of Middle East: state TV
“They have only brought harm upon themselves,” Iran’s Supreme Leader Mojtaba Khamenei said, claiming the United States will eventually be forced out of the Middle East.
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Stocks fall as Middle East stalemate boosts oil
SYDNEY/LONDON, Sept 28 : Global stocks fell on Monday, as oil jumped on the stalemate in US-Iranian talks, ahead of a week already packed with macroeconomic risk, while the dollar headed for its best monthly performance since June. Over the weekend, US President Donald Trump rejected an Iranian proposal to
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OECD says growth ‘resilient’ in 2026 despite Middle East war
The OECD group of industrialized nations put its 2026 growth forecast at 2.9%. It said investment in AI was helping drive growth, while the war in the Middle East was fueling inflation.
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South Korea’s Lee rules out military involvement in Middle East conflict
SEOUL: South Korean President Lee Jae Myung said on Friday (Sep 18) he would not deploy military assets to the Middle East in a way that could draw the country into conflict, but Seoul was reviewing whether to play a greater role in safeguarding navigation in the region.South Korea has maintained a naval pres
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Middle East conflicts take toll on Jordan’s tourism sector
Jordan’s tourism sector is struggling. Although the country remains relatively stable, a series of conflicts across the Middle East have deterred visitors and hurt the national economy.
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Dollar rises as Middle East conflict lifts oil, Fed hike looms
NEW YORK, Sept 14 : The U.S. dollar rose across the board on Monday, as the ongoing conflict in the Middle East pushed up oil prices and sent investors towards the safe-haven currency, and as investors braced for the Federal Reserve’s first interest-rate hike in more than two years.Warnings from leaders of t
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Oil prices climb over 2% after strikes on Saudi pipeline and ships in Middle East
NEW YORK, Sept 14 : Oil prices climbed over 2 per cent on Monday as worries about energy supplies mounted following new strikes on Saudi Arabian energy infrastructure and attacks on ships in the Middle East.Brent futures rose $2.72, or 2.6 per cent, to $107.33 per barrel at 11:39 a.m. EDT (1539 GMT). U.S. We
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Dollar gains as Middle East conflict lifts oil, Fed hike looms
NEW YORK, Sept 14 : The U.S. dollar rose across the board on Monday as conflict in the Middle East pushed up oil prices and sent investors towards the safe-haven currency, and as investors braced for the Federal Reserve’s first interest rate hike in more than two years.Warnings from leaders of the biggest AI
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