15+ hour, 30+ min ago   (627+ words) Asian markets slid as oil prices surged due to supply concerns, while investors braced for anticipated interest rate hikes from the US Federal Reserve and Bank of Japan this week. SYDNEY: Share markets slid in Asia on Monday as supply…...

15+ hour, 40+ min ago   (431+ words) Oil prices surged over 2% due to Houthi strikes, Iranian attacks on ships, and the closure of a key Saudi pipeline, intensifying global supply concerns. BEIJING: Oil prices jumped more than 2% on Monday, after new Houthi strikes on Saudi Arabia and…...

18+ hour, 12+ min ago   (576+ words) ADEN/DUBAI: New strikes on Saudi Arabia and on ships in the Gulf tested nerves in the Middle East on Sunday, after an attack on a Saudi oil pipeline and an advance by Yemen’s Houthis threatened to worsen the wartime…...

18+ hour, 25+ min ago   (140+ words) MUSCAT: Oman has announced the postponement of a meeting scheduled for Monday between Iran and Gulf countries on the Strait of Hormuz, which has become a major flashpoint in the Middle East war. “It has been decided to postpone to…...

1+ day, 3+ hour ago   (223+ words) Iran meets Gulf states in Oman to discuss Strait of Hormuz security, aiming to strengthen regional cooperation amid ongoing tensions with the US over the vital waterway. TEHRAN: Iran’s upcoming meeting with Gulf states in Oman on Monday to discuss…...

1+ day, 4+ hour ago   (527+ words) Drone attacks on Saudi Arabia's key east-west oil pipeline threaten to halt exports within days, potentially cutting global supply by 4% and worsening the existing fuel crisis. LONDON: Saudi Arabia will run out of oil stocks for exports if it doesn’t…...

1+ day, 5+ hour ago   (660+ words) Despite the UAE's announced trade suspension with Iran, informal trade and financial ties persist in Dubai, sustained by a large Iranian community and historical economic interdependence. DUBAI: In the markets of old Dubai, saffron, cumin, pistachios and almonds from Iran…...

1+ day, 20+ hour ago   (365+ words) WASHINGTON: US consumer prices likely accelerated in August as the cost of gasoline rebounded after two straight monthly declines, which would reinforce financial market expectations that the Federal Reserve could raise interest rates next week. The Labor Department’s Consumer Price…...

1+ day, 20+ hour ago   (374+ words) BAGHDAD: Iraq closed three border crossings with Iran on Saturday, officials told AFP, after a drone attack on a Saudi Arabian pipeline that both Riyadh and Baghdad said was launched from Iraq. Soon after the attack, Iraqi Prime Minister Ali…...

1+ day, 13+ hour ago   (809+ words) New attacks in the Strait of Hormuz and on a Saudi oil pipeline escalate Middle East tensions, threatening global energy supplies and driving up oil prices. ADEN/DUBAI: Maritime trackers received new reports of an attack on a ship in…...