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Oil markets relaxed on Thursday, softened by hopes of a possible easing in US-Iran tensions amid ongoing worries about disrupted supplies. Brent crude futures were down 44 cents, or 0.5%, at $94.49 a barrel while West Texas Intermediate crude fell 70 cents, or 0.8%, to $90.59 a barrel. The dip comes amid growing expectations of…
Donald Trump is the first WWE Hall of Famer to make his way to the White House which means that he’s probably familiar with the concept of heels. For those unversed in WWE lore, the heel is an important part of professional wrestling where a supposedly good star turns evil. It’s all part of a…
Renowned economist and Columbia University professor Jeffrey Sachs has sharply criticised the ongoing conflict, accusing US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu of igniting the crisis despite warnings from experts. It has been over a month since the first missiles and bombs struck Iran. Now, a month later, the conflict has left…
US stock markets declined sharply on Thursday, while oil prices surged, after President Donald Trump vowed to continue military action against Iran and did not provide a clear timeline for de-escalation of the conflict in the Middle East, according to AP.The S&P 500 fell 1.1%, with nearly three out of every four stocks in the…
The Pentagon has ordered about 2,000 soldiers from the US Army’s 82nd Airborne Division to begin moving to the Middle East, offering President Donald Trump additional military options as he considers a new diplomatic initiative with Iran, two Defence Department officials said Tuesday.The troops are part of the division’s “Immediate Response Force,” a brigade of…
US issues worldwide travel alert for American citizens amid Iran escalation. The US State Department Sunday issued a worldwide alert for American citizens asking them to exercise caution. Warning of possible periodic airspace closures, travel disruptions, the alert asked Americans abroad to follow the security alerts issued by the local US embassy or consulate. “The…
Gulf on Edge: UAE Condemns Missile Attack on Habshan and Bab Field Amid Iran vs US-Israel War The United Arab Emirates has issued a strong condemnation of what it described as a “terrorist attack” by Iran targeting the Habshan gas facility and the Bab oil field, marking yet another escalation in the rapidly intensifying Iran…
UAE Food Stock Update: Are Supermarkets Running Out Amid Iran–US-Israel Tensions? Amid escalating geopolitical tensions in West Asia, including recent missile exchanges involving Iran, the United States and Israel that rattled Gulf cities and triggered regional alerts, the United Arab Emirates has reassured the public that its markets remain stable and strategic food reserves are…
India was closely monitoring the situation as Afghanistan and Pakistan seemed poised for a dangerous escalation, with Islamabad declaring that the two countries were in an “open war” following Pakistan’s airstrikes on “terrorist hideouts” in Afghanistan and the latter’s retaliatory action. The relationship between Pakistan and Afghanistan has unravelled dramatically in the past few years….
Russia has escalated war against Ukraine by firing its rarely used Oreshnik intermediate-range ballistic missile during a massive overnight barrage, Ukrainian authorities said, as Kyiv released images of missile fragments recovered near the western city of Lviv. The strike marked only the second known battlefield use of the nuclear-capable weapon, which Moscow claims is impossible…
