Mideast
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Iran leader says dealt enemies 'decisive blow' in Mideast war
Iran leader says dealt enemies 'decisive blow' in Mideast war Weeks of talks between the US and Iran have failed to secure a deal to end the war and reopen the Strait of Hormuz. TEHRAN: Iran's supreme leader said Thursday (Jun 4) that the United States and Israel had been dealt a "decisive blow" in the Middle East war, after the government reported "no tangible progress" in negotiations on ending the conflict. Ayatollah Mojtaba Khamenei's message, read out by a prayer leader at a ceremony...
Report: Disruption of Mideast energy supplies into next year would slam global economy
Report: Disruption of Mideast energy supplies into next year would slam global economy Prolonged disruption of energy supplies from the Middle East that lasts into next year would deal a severe blow to the global economy - Bookmark Prolonged disruption of energy supplies from the Middle East due to the Iran war would deal a severe blow to the global economy, sending some countries into recession and spreading inflation and higher unemployment, the Organization for Economic Cooperation and...
ENERGY WATCH: Mideast flare-up
Mideast flare-up June 8 : Breaking down what matters today in global energy markets By Ron Bousso, ROI Energy Columnist The shaky two-month-long ceasefire between the United States, Israel and Iran was rattled again on Sunday when Iran launched a salvo of missiles at Israel over its attacks in Beirut, prompting Israel to launch its own attacks in Iran. Israel’s response clearly went against the wishes of President Donald Trump who keeps insisting that a peace deal is very close, with little...
Oil rises, stocks slip on fragile Mideast peace hopes
Oil rises, stocks slip on fragile Mideast peace hopes NEW YORK: Oil prices rose on Wednesday (Jun 3), edging closer to US$100 a barrel while stocks fell as further attacks between the United States and Iran dented hopes of an imminent peace deal. Wall Street indexes tumbled and European stocks were mostly in the red, following a mixed showing in Asia.
Predicted global hunger crisis becoming a reality as Mideast war drags on, UN warns
Predicted global hunger crisis becoming a reality as Mideast war drags on, UN warns Predictions that the Middle East war could drive tens of millions more people into acute hunger are proving to be accurate, the United Nations said Friday, warning that higher fuel and food costs linked to the conflict are deepening food insecurity far beyond the region. "Pessimistic" predictions that the Middle East war could push tens of millions more people into acute hunger if drawn out are being proven...
OECD cuts 2026 global growth forecasts over Mideast war fallout
OECD cuts 2026 global growth forecasts over Mideast war fallout PARIS: The global economic outlook hinges on how long the war in the Middle East lasts, with recession in some countries and sharply higher inflation a real possibility if it drags on into next year, the Organisation for Economic Cooperation and Development warned on Wednesday (Jun 3). If the conflict proves short-lived, Gulf oil and gas production could gradually return to pre-crisis levels from the third quarter with shortages...
US Stock Futures Pull Back as Traders Evaluate Mideast News
Traders work on the floor of the New York Stock Exchange.
Are U.S. and Israel on the Same Page in Mideast Wars?
Prime Minister Benjamin Netanyahu has found himself on the sidelines of talks to end the war in Iran.