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Middle East Tensions Send Oil Prices Tumbling? US Stocks Surge In Unexpected Market Reversal

Oil Takes a Dive as Measured Retaliation Cools Mideast Fears, Boosts Stocks Global financial markets experienced a dramatic and counterintuitive turn today as escalating tensions in the Middle East, specifically a weekend attack by the US against...

Gulf States want no winner in the conflict between Israel and Iran

Gulf States want no winner in the conflict between Israel and Iran

When Israel assassinated a number of senior Iranian military officials and nuclear scientists on June 13, there was an initial euphoria among some ruling elites in the Gulf. They saw it as a sign of Iran’s diminishing regional threat. Relations...

Middle East social infrastructure spend to hit US$2bn by 2027

Middle East social infrastructure spend to hit US$2bn by 2027

The Middle East will see a 25% increase in social infrastructure project activity in the next two years, according to a new report by the procurement platform Ansarada. Aerial view of Dubai Palm Jumeirah island, United Arab Emirates. Image: Adobe...

Middle East conflict has limited impact on Bangladesh so far: report

Middle East conflict has limited impact on Bangladesh so far: report

The repercussions of the ongoing Iran-Israel conflict would be limited on Bangladesh's capital market, as information about the conflict has already been absorbed by the market, said BRAC EPL Stock Brokerage. The local brokerage house has analysed...

High Stakes Clash as U.S. Hits Iran—Is This Unexpected Move the Answer to Middle East Chaos?

High Stakes Clash as U.S. Hits Iran—Is This Unexpected Move the Answer to Middle East Chaos?

Middle Eastern Region on Destructive Brink The volatile geopolitical landscape in the Middle East reached a new peak this week with dramatic escalations involving the U.S., Israel, and Iran. With tensions soaring, international communities...

A Brief, Bloody History of All the Times the U.S. Caused Chaos in the Middle East

A Brief, Bloody History of All the Times the U.S. Caused Chaos in the Middle East

If at first you don't succeed, make more problems for yourself. That seems to be the mantra in Washington when it comes to the Middle East. Every few years, a U.S. president asks Americans to go along with a small military commitment in the...

JSO ‘not aware of any threats’ to the community, remains vigilant amid Middle East conflict

JSO ‘not aware of any threats’ to the community, remains vigilant amid Middle East conflict

JACKSONVILLE, Fla. – As tensions escalate in the Middle East between Iran and Israel, concerns have grown over the United States’ involvement and its potential local impact. News4JAX reached out to the Jacksonville Sheriff’s Office to ask how it’s...

Korea on high alert as Middle East tensions fuel oil spike, won devaluation

Korea on high alert as Middle East tensions fuel oil spike, won devaluation

South Korea’s market authorities are on high alert amid the escalating conflict in the Middle East, as surging oil prices threaten the local economy, which relies heavily on energy imports. Iran’s threat to shut down the Strait of Hormuz, a key...

Bases, soldiers and firepower: Mapping the US military's stake in the Middle East

Bases, soldiers and firepower: Mapping the US military's stake in the Middle East

At its narrowest point, the Persian Gulf is only 55 kilometres wide. One coastline is dotted with US military bases, and the other bank is the border of Iran. The United States has a substantial military footprint across the Middle East, amassed...

Oil Prices Rise On Middle East Escalation

Oil Prices Rise On Middle East Escalation

(MENAFN- Yolo Wire) %Oil prices are up about 1% as energy traders and investors assess the likely fallout in the Middle East after the U.S. attacked Iran's nuclear sites over the weekend. Analysts say any retaliation by Iran against the U.S. could...

Dozens of Brits airlifted out of Israel by RAF as Middle East faces 'perilous moment'

Dozens of Brits airlifted out of Israel by RAF as Middle East faces 'perilous moment'

Dozens of Brits were airlifted out of danger by the RAF today as David Lammy warned the Middle East faces a "perilous moment". The Foreign Secretary said 63 Brits were evacuated from Tel Aviv's Ben Gurion Airport to Cyprus on an RAF A400. They...

Uzbekistan Takes Urgent Steps To Secure Trade Amid Middle East Conflict

Uzbekistan Takes Urgent Steps To Secure Trade Amid Middle East Conflict

(MENAFN- Trend News Agency) TASHKENT, Uzbekistan, June 23. President Shavkat Mirziyoyev convened a meeting to address urgent measures in foreign trade and the transport-logistics sector, in light of recent developments in the Middle East, Trend...

Carney says Middle East 'highly volatile' after US strikes Iran and calls for calm

Carney says Middle East 'highly volatile' after US strikes Iran and calls for calm

Prime Minister Mark Carney called for de-escalation on Sunday after the United States carried out strikes against three Iranian nuclear sites earlier in the day. Carney issued a social media post shortly before 8 a.m. Eastern saying the US...

Aussie drivers facing extra 40c/L amid escalating Middle East conflict

Aussie drivers facing extra 40c/L amid escalating Middle East conflict

Motorists could be forking out an extra 40 cents per litre to fill up their cars as the heated conflict in the Middle East between Israel, the United States and Iran escalates. That is the forecast of AMP chief economist Shane Oliver, after the US...

Hundreds of Canadians have fled Middle East but thousands more remain: officials

Hundreds of Canadians have fled Middle East but thousands more remain: officials

Politics Hundreds of Canadians and permanent residents have fled the Middle East as the war between Israel and Iran continues to escalate — but officials estimate there are thousands still in the region. Government organizing flights for Canadians...

US Stocks: Wall St rallies as rate cut hopes outweigh Middle East turmoil

NEW YORK: Wall Street gained ground on Monday as the prospect of the U.S. Federal Reserve cutting interest rates as early as July offset fears that Iran would retaliate against U.S. airstrikes and further escalate the war in the Middle East. A...

Experts warn of inflation blowback for Australia as conflict in Middle East escalates

Experts warn of inflation blowback for Australia as conflict in Middle East escalates

Key Points Iran’s retaliation may disrupt oil supplies, fuelling inflation in Australia. Petrol could rise 25c/L if oil hits $100–$150 a barrel, warns AMP’s Shane Oliver. A rise in petrol prices will likely impact airfare prices, though not...

Keir Starmer makes major UK defence announcement as Middle East crisis spirals

Keir Starmer makes major UK defence announcement as Middle East crisis spirals

The UK will commit to ramping up defence and security spending to 5% of GDP by 2035 to meet rising global threats, Keir Starmer vows tonight. NATO allies have agreed to the target ahead of a crunch summit in the Hague on Tuesday, which is expected...

Deloitte Study Reveals Middle East Youth Are Rewriting The Rules Of Success, Seeking Money, Meaning, And Well-Being

Deloitte Study Reveals Middle East Youth Are Rewriting The Rules Of Success, Seeking Money, Meaning, And Well-Being

Three-quarters of Gen Zs (74%) and millennials (77%) believe GenAI will impact the way they work within the next year. Gen Zs and millennials are focused on growth and learning, but they believe their managers are missing the mark on key areas of...

Instant View: Investors react after Trump announced ceasefire between Iran and Israel

Instant View: Investors react after Trump announced ceasefire between Iran and Israel

(Reuters) -U.S. President Donald Trump said on Monday that a "complete and total" ceasefire between Israel and Iran will go into force with a view to ending the conflict between the two nations. "On the assumption that everything works as it...

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