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
The proposed summit between the US President, King Abdullah II and Palestinian and Egyptian leaders was cancelled after Gaza hospital explosion
Oil and gas markets have been where the nervousness has been most evident due to fears that Israel could become bigger
Various countries worldwide have been rushing to evacuate their nationals due to the rising tensions in the region
The IMF and the World Bank, which are holding their annual annual meet in Morocco said the ongoing violence in Israel threatened to darken the already tepid global economic outlook
Gold rebounded from seven-month lows hit on Friday, but its upside remained capped by strong US economic data
The eruption of the Israel-Palestine crisis threatens to derail US efforts to broker a rapprochement between regional powers
The ongoing security situation in Tel Aviv has raised concerns among airlines, impacting travel plans for many passengers
The interview conducted by TV host Bret Baier touched upon a range of international issues
Experts believe the third anniversary of the Abraham Accords is the most significant one yet
The Israeli foreign minister’s visit to Bahrain coincides with the third anniversary of the establishment of diplomatic relations between the two countries