Israeli airstrikes killed five people in Gaza and three in the West Bank on Friday, despite a fragile ceasefire brokered by the United States. Israeli strikes kill 5 in Gaza and 3 in West Bank, and other news in the Middle East Meanwhile, thousands of sailors remain stranded in the Persian Gulf by the Iran … Read more
Oil prices slipped slightly on Friday but remained on track for a second straight weekly gain. The drop came as tensions between the United States and Iran increased, raising fears that oil supplies from the Middle East could face more disruptions. Oil prices rise for a second week as US-Iran tensions, sanctions and Strait of … Read more
Amid repeated attacks on shipping and growing risks to alternative energy routes, Gulf states may be forced to accept a deal they do not fully support Persian Gulf energy producers are reportedly becoming increasingly resigned to Iran retaining significant control over the Strait of Hormuz, as efforts to reopen the vital waterway face a standoff … Read more