Middle East, oil
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Middle East, Jets
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Global energy executives gathered in the Malaysian capital on Monday for an industry conference with an eye on the dramatic escalation in the conflict between Israel and Iran, which has fuelled worries that it could widen and disrupt supply.
Attacks force shift in U.S. plan for diplomatic deal in Iran and efforts to disentangle from region.
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Leaders of some of the world’s biggest economic powers will arrive in the Canadian Rockies on Sunday for a Group of Seven summit shadowed by a widening war in the Middle East, and U.S. President Donald Trump’s unresolved trade war with allies and
U.S. aircraft carrier USS Nimitz left the South China Sea on Monday morning heading west, according to data from ship tracking website Marine Traffic, after a reception for its planned port call in central Vietnam was cancelled.
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Global air traffic has been disrupted following Israel’s strikes on Iran Friday, with several major airlines suspending flights to and from locations in the Middle East and rerouting their planes to avoid much of the region’s airspace.
Russian President Vladimir Putin and U.S. President Donald Trump have held a lengthy phone call to discuss the escalating situation in the Middle East and Ukraine peace talks.
Gold rose to a near two-month high on Monday, as intensified clashes between Israel and Iran over the weekend stoked fears of a broader regional conflict, pushing investors towards safe-haven assets.
AMANEY A. JAMAL is Co-Founder and Co-Principal Investigator at Arab Barometer, Dean of the Princeton School of Public and International Affairs, and Edwards S. Sanford Professor of Politics and International Affairs at Princeton University.
Israel’s attack on Iran has catapulted their long-running conflict into what could become a wider, more dangerous regional war and potentially drive prices higher for both businesses and households.
Iran and Israel have launched a fresh wave of attacks on each other in a development that continues to raise fears of the wider region being plunged into a destabilising conflict. Iranian missiles struck Tel Aviv and the port city of Haifa shortly before dawn on Monday,