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Many airlines are taking precautionary measures, with flights to Israel, Lebanon, and beyond affected
The main channels for the conflict to impact the global economy have been through higher commodity prices, including oil and grains
Brent futures and US West Texas Intermediate (WTI) crude spiked more than 1 per cent amid Iran’s attack on Israel
An estimated 81 flights — operated by the likes of Emirates, British Airways, Lufthansa and Qatar Airways — have been diverted
Hezbollah leader Sayyed Hassan Nasrallah has died in an airstrike, says Israel’s military
The ongoing conflict in Gaza has increased Washington’s dependence on Egypt for diplomatic mediation
The Israeli military said its jets hit targets in Lebanon shortly before the military assessed Hezbollah was preparing to launch attacks
Many airlines, globally, are revising their schedules to avoid Iranian and Lebanese airspace while also calling off flights to Israel and Lebanon
Jordanian authorities urged all airlines to carry reserve fuel for “operational reasons” and is effective until 2200 GMT on Tuesday
Blinken has spoken to his counterparts in Saudi Arabia, the UAE and Qatar as tensions have ratched up in the region, in recent days
Recent data showed that oil production and demand for major products rose to a four-month high in April, supporting prices
As the geopolitical situation continues to evolve in the MENA region, the frequency and intensity of DDoS attacks by hacktivists as well as malicious actors, are expected to persist
This marks Blinken’s eighth trip to the region since the conflict erupted in October 2023
Blinken is expected to meet with senior Saudi leaders and hold a wider meeting with counterparts from five Arab states – Qatar, Egypt, Saudi Arabia, the UAE and Jordan
The ongoing geopolitical tensions have narrowed options for planes navigating between Europe and Asia
Investors will look to economic data and monetary policy for potential clues on the outlook for oil demand
The US Secretary of State is on his sixth visit to the region since the October 7 crisis broke out
Geopolitical risks including a feared broadening of the Middle East conflict pushed oil prices up by about 6 per cent last week
US Secretary of State Antony Blinken is in the region to discuss a ceasefire offer between Israel and Hamas
His visit to Muscat follows regional travel last week where he met with leaders in Israel, Qatar and Turkey
The Red Sea crisis has slowed trade between Asia and Europe and raised concerns about an escalation of the conflict between Israel and Hamas in Gaza
Blinken’s visit to the region comes amid an escalation to the crisis in the Middle East
The decision was announced in a Facebook post and legal measures would be taken against those found violating the ban.
The two leaders emphasised the need to prioritise the protection of civilians in accordance with international humanitarian law
Bahrain’s government confirmed that its ambassador to Israel had been asked to return
Brent crude oil futures dropped 98 cents, or 1.1 per cent, to $89.50 a barrel
As Israel and Gaza have erupted in violence, multinational companies operating in the country have had to scramble to protect their employees while continuing operations
To ease oil supply pressure, the US suspended sanctions on OPEC member Venezuela after a Venezuelan government deal with the opposition
The meeting addressed cooperation between the UAE and WFP in addressing food security challenges and ensuring food provision to Gaza
The port of Ashkelon and its oil terminal, located a few kilometres from the Gaza strip had been shut since October 7