Middle

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

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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

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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

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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

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

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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

Third US aircraft carrier, USS Theodore Roosevelt, on way to Middle East as Trump renews Iran strike threat

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File photo of USS Theodore Roosevelt in the South China Sea. (U.S. Navy via AP)

The United States is sending its third aircraft carrier, USS Theodore Roosevelt and its strike group, to the Middle East where two other US carrier strike groups are already deployed, the Axios reported. File photo of USS Theodore Roosevelt in the South China Sea. (U.S. Navy via AP) The USS Theodore Roosevelt and its strike … Read more

Oil supply from the Middle East rises sharply: What happens to crude prices next?

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Oil tankers carry more crude through the Strait of Hormuz as Middle East exports rise. (Photo by AFP) / (AFP)

Middle East oil exports have increased sharply in September, bringing oil flows closer to the levels seen before Iran shut down the Strait of Hormuz in March. The increase could reduce some pressure on global energy prices, according to oil analysts. Oil tankers carry more crude through the Strait of Hormuz as Middle East exports … Read more

Who is Kelly Matthews? Hobbs Highland Middle School teacher shot; first details on New Mexico shooting suspect

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Kelly Matthews, teacher at Hobbs Highland Middle School reportedly shot. (Facebook/Kelly Matthews)

Kelly Matthews, a special education teacher at Highland Middle School in Hobbs, New Mexicowas identified as the individual shot at the school on Friday, September 25. Local political and community leaders shared messages of support for Matthews following the incident. Kelly Matthews, teacher at Hobbs Highland Middle School reportedly shot. (Facebook/Kelly Matthews) New Mexico state … Read more

US warns of rapid escalation in Middle East war

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US warns of rapid escalation in Middle East war

The United States warned that fighting between Saudi Arabia and the Iran-backed Houthis could “escalate rapidly” after a missile attack targeted Riyadh for the first time since the Yemen conflict resumed. US warns of rapid escalation in Middle East war US President Donald Trump cut short a weekend at Camp David, a secluded presidential complex … Read more

Why are oil prices falling today despite Middle East supply risks? Fed, strong dollar and US stocks weigh

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Oil prices fall as Fed rate hike expectations and Middle East supply risks shape the market. (Photo by Kuwait Petroleum Corporation (KPC) / AFP) (AFP)

Oil prices moved lower on Wednesday even as Middle East supply risks remained high. Brent crude futures fell 1.1% to $107.55 a barrel. West Texas Intermediate (WTI) crude fell 1.6% to $104.11 a barrel. Despite Wednesday’s fall, both oil benchmarks remained close to four-month highs. Oil prices fall as Fed rate hike expectations and Middle … Read more

Ukraine deploys drone specialists to Africa, Middle East to target Russian interests: Report

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Ukraine deploys drone specialists to Africa, Middle East to target Russian interests: Report

File photo: An Iranian Shahed exploding drone. Ukraine has expanded its fight against Russia beyond the battlefield at home, deploying drone specialists to Africa and military teams to the Middle East to train forces fighting Russian- and Iranian-made drones, according to a CNN report.CNN, citing Ukrainian soldiers, officers and a Ukrainian Defense Intelligence source, reported … Read more