Biden, Trump administrations asked Musk to alter Starlink service in Ukraine, Middle East for years: Report

A report said both Biden and Trump administrations repeatedly asked SpaceX to activate or deactivate Starlink in conflict zones. REUTERS/Evan Vucci/File Photo/File Photo (REUTERS)

The Joe Biden and Donald Trump administrations have asked for Starlink internet service to be switched on or off for years. They asked Elon Musk’s SpaceX to switch internet service on or off in countries like Ukraine, Iran, Yemen and Lebanon, according to a Reuters report. A report said both Biden and Trump administrations repeatedly … Read more

US Treasury yields fall as investors track Middle East tensions, await US jobless claims data

US Treasury yields fall as investors track Middle East tensions and await jobless claims data. (Bloomberg)

US Treasury yields fell on Thursday as investors kept a close watch on rising tensions in the Middle East and waited for fresh US jobless claims data due later in the day. The decline in Treasury yields also came amid a broader move away from riskier assets in stock markets. US Treasury yields fall as … Read more

Oil prices fall from 5-month high as Trump eases Russia sanctions amid Middle East supply fears

Oil prices fall as Trump eases Russia sanctions amid Middle East supply fears. (Pexel/Representative image) (Pexel)

Oil prices fell on Monday after reaching a five-month high, as investors booked profits following a recent rise in prices. US President Donald Trump’s decision to ease some sanctions and tariffs on Russia also weighed on prices, as it could allow more Russian fuel to enter the global market. Oil prices fall as Trump eases … Read more

US issues security alerts across 12 Middle East nations including UAE, Saudi Arabia; warns citizens to prepare for flight disruptions

US issues Middle East security alerts across 12 locations. (Pexel)

The United States has issued security alerts across 12 locations in the Middle East, warning Americans of potential flight cancellations, airspace closures and travel disruptions amid a complex regional security environment. US issues Middle East security alerts across 12 locations. (Pexel) The alerts, dated October 18, 2026, cover Saudi Arabia, the United Arab Emirates (UAE), … Read more

Saudi Arabia says it thwarted a missile strike on Medina, and other Middle East developments

Saudi Arabia says it thwarted a missile strike on Medina, and other Middle East developments

The Saudi -led coalition fighting the Iranian-backed Houthi rebels in Yemen said it thwarted a missile attack on the holy city of Medina in Saudi Arabia. Saudi Arabia says it thwarted a missile strike on Medina, and other Middle East developments Meanwhile, the Houthis claimed an attack in the port city of Aden at a … Read more

Iran increases threat to Strait of Hormuz shipping, and other Middle East developments

Iran increases threat to Strait of Hormuz shipping, and other Middle East developments

Iran appears to be targeting vessels conducting ship-to-ship oil transfers around the Strait of Hormuz, according to a military institute. Meanwhile, the Saudi-led coalition launched new airstrikes on Tuesday on Yemen’s Houthi-held capital, Sanaa, according to Houthi-run broadcaster Al Masirah and residents. Iran increases threat to Strait of Hormuz shipping, and other Middle East developments … Read more

IMF slashes Middle East growth outlook due to war disruptions

IMF slashes Middle East growth outlook due to war disruptions

The International Monetary Fund has sharply cut growth forecasts for the Middle East and Central Asia in 2026, as the ongoing war has sent economies into a tailspin. IMF slashes Middle East growth outlook due to war disruptions In its latest World Economic Outlook report, the IMF said the regional economy was projected to contract … Read more

Putin offers help to Iran to end Middle East war ahead of CIS summit

Putin offers help to Iran to end Middle East war ahead of CIS summit

Russia’s President Vladimir Putin vowed Thursday to “do everything” to help end the Middle East war when he met Iranian counterpart Masoud Pezeshkian for talks ahead of a regional summit, Russian media reported. Putin offers help to Iran to end Middle East war ahead of CIS summit The leaders of two of the world’s most … Read more

East Hampton wants to spend $36.3 million to buy 38.3 acres of a former New York sand mine once slated for a 50-lot commercial subdivision; 33.3 acres would instead become open space

East Hampton wants to spend $36.3 million to buy 38.3 acres of a former New York sand mine once slated for a 50-lot commercial subdivision; 33.3 acres would instead become open space

East Hampton Town is moving toward a multimillion-dollar purchase that could dramatically change the future of a large former sand mine in Wainscott, New York. The East Hampton Star first reported the proposed $36.3 million acquisition on October 1, while Long Island Life & Politics reported this week that the town sees the purchase as … Read more

Oil price today: Why Brent stays above $100 despite G7 supply boost and rising Middle East war risks

Brent crude stays above $100 as Middle East risks keep oil supplies tight despite the G7 supply boost. 
(Photographer: David Paul Morris/Bloomberg) (Bloomberg)

Oil prices remained around the $100 mark on Monday despite a major supply boost planned by G7 countries. Brent crude futures were up 5 cents at $102.30 a barrel at 0900 GMT, while US West Texas Intermediate (WTI) was at $90.62 a barrel, down 49 cents, or 0.5%. Both benchmarks had fallen more than 1% … Read more