Iran hits U.S. facilities in Middle East
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The State Department has issued a worldwide caution for travelers because of escalating conflict between the U.S. and Iran, with Americans in the Middle East at particular risk but urging caution
Conflict in the Middle East has been escalating. These stories provide context for current developments and the history that led up to them.
The Iran-backed group in Yemen has threatened to target Saudi vessels in a vital shipping route.
Children are paying the price of conflict-related shipping disruptions — including those living far beyond the region, UNICEF warns in a new report.
The attack threatened to all but halt traffic through the crucial waterway again four months into the war with the Islamic Republic. President Donald Trump, in Ankara for the Nato summit, lashed out at European allies while gushing over Syria’s new president — a former jihadi — as the conflict continued to ripple through the global economy.
Global supply disrupted by US-Iran aggression in strait of Hormuz and Houthi threats in Bab el-Mandeb
The European Central Bank (ECB) left its key interest rates unchanged earlier this week, with Central Bank of Cyprus (CBC) governor Christodoulos Patsalides warning on Friday that the broader effects of the recent energy shock remain contained for now but that risks to inflation continue to point upwards as the conflict in the Middle East persists.
Gold fell more than 2% on Thursday, retreating from a two-week high hit in the previous session, as the Middle East conflict drove energy prices higher.
Global oil prices climbed toward the $ 100-per-barrel mark on Thursday as renewed fighting between the United States and Iran heightened fears of prolonged supply disruptions across the Middle East, sending energy markets sharply higher.
By Sukanya Mitra July 22 (Reuters) - Gold climbed to a two-week high on Wednesday, supported by technical buying and safe-haven demand, as investors monitored diplomatic efforts to moderate the Middle East conflict and braced for next week's U.
The oil market is under intense pressure as tensions in the Middle East disrupt key shipping routes, contributing to higher prices at the pump.
SAP (SAP) shares climbed 7% during early market action on Friday following the German-based enterprise software firm's second quarter results, which featured significant cloud growth. However, analysts warn SAP's guidance hinges on a de-escalation in conflict in the Middle East,