How is the US-Israeli war on Iran causing havoc in Europe?
Rising energy costs and protests are sharpening European opposition to renewed US-Israeli attacks on Iran.
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Rising energy costs and protests are sharpening European opposition to renewed US-Israeli attacks on Iran.
Brookfield Asset Management Ltd. is opening an office in Qatar, deepening its presence in the Middle East where many countries are grappling with the economic fallout from the war.
A new government would not end the occupation, but it could rein in the far right and ease tensions across the region.
Residents and analysts doubt October 27 vote will bring any meaningful shift in Israeli policy towards their country.
The US has ordered the departure of diplomatic personnel and adjusted staffing at embassies across the Middle East as a result of Iranian efforts to target Americans, as well as threats from Houthi militants in Yemen, according to an American official.
SLB, the world’s biggest oil field services provider, said it has seen a gradual recovery in its Middle East business despite disruptions from the Iran war.
Brent oil traded at the highest level since May on Friday. Iran-backed Houthi militants claimed recent attacks on the Saudi Red Sea port of Yanbu, as well as deadly strikes on an oil field and airport in the kingdom. The flareup threatens to widen hostilities around the Strait of Hormuz, where crude exports have recovered to near prewar levels. Abeer Abu Omar reports on Bloomberg Television. (Source: Bloomberg)
The IMF has downgraded its growth projections for the Middle East and Central Asia this year due to the US Iran conflict. GCC countries are now expected to face negative overall growth in 2026, with Oman the only exception. Jihad Azour, IMF’s Director for Middle East & Central Asia Department spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa on their regional outlook. (Source: Bloomberg)
Shares of oil and gas companies are rallying this year, powered by windfall profit growth as the war in the Middle East pushes crude prices higher. Yet, their momentum has Wall Street traders expecting a pullback.
Tom Barrack says Washington's relationship with the Middle East needs to change from one of control to one of support.
Francisco Blanch, Bank of America Commodities and Derivates Research Global Head, discusses energy markets and the volatile context around oil inventories as conflicts in the Middle East and Russia's invasion of Ukraine continue. "We've been living a little bit on borrowed time," Blanch tells Bloomberg Television. He adds crude oil could face a crunch point in "maybe four, five months." (Source: Bloomberg)
Oil rose following a deadly attack on a Saudi oil field, raising concerns that escalating hostilities in the Middle East could hit supply even as exports through the Strait of Hormuz have accelerated in recent months.
Treasuries fell after reports suggesting the Middle East war is heating up lifted oil prices.
Indian Oil Corp. plans to reduce the amount of crude purchased under term contracts with Middle Eastern producers next year, according to a person familiar with the matter, as attacks in the Persian Gulf continue to threaten supply routes.
A key benchmark for Middle East crude fell to its lowest in nearly three months, an indication of the resilience of the region’s exports despite intensifying Iranian attacks on shipping.
President Macron's Gulf visit aims to address rising energy prices and strengthen ties amid regional security concerns.
Halliburton Co. is predicting years of growing demand for oil field services as nations in the Middle East rebuild energy assets and infrastructure damaged in the Iran war.
Barrack highlights limits of US interventions, admitting past regime changes in the Middle East were often mistakes.
Filipino seafarer Jay was on lookout duty aboard a vessel passing through the Strait of Hormuz one evening in August when drones swarmed overhead, darting past his ship and two others it was following. Within seconds, an explosion rang out from the tanker ahead. “That was traumatic for me when I saw that the tanker ahead of our vessel had been hit,” said Jay, whose real name has been withheld to protect him from possible employer retribution. The 29-year-old and his fellow crew members made it...
Asian liquefied natural gas prices rose to the highest in almost four years, as attacks on tankers in the Middle East damped hopes for a recovery in exports from the war-torn region.
Saudi Arabia has decided to postpone its flagship investment conference until next year, organisers confirmed in a statement on Monday, following deadly attacks which rocked the kingdom in recent weeks as the Middle East conflict widens, disrupting business. The Future Investment Initiative, or FII, was planned for October 26 to 29, but will now take place in 2027, with a new date to be announced “very soon,” the organisers said. Reuters reported earlier Monday that the in-person event had been...
Malaysia hasn’t agreed to provide financial support to AirAsia Group Bhd. even as the airline faces losses from a sharp rise in jet fuel prices following the Middle East conflict.
Oil prices pulled back from a five-month high as traders weighed escalating tensions in the Middle East against surprisingly resilient supply. Houthi attacks on Saudi Arabia are intensifying, with fresh strikes and attempted attacks targeting the kingdom and its key energy infrastructure. Matthew Mullman, Senior Analyst for Global Macro at Signum Global Advisors spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa. (Source: Bloomberg)
Oil steadied after jumping on Friday, as flareups in fighting in the Middle East and Ukraine dimmed the prospect of a return to normal crude flows.
US President Donald Trump on Sunday endorsed his ally Benjamin Netanyahu as the long-time Israeli prime minister struggles for an edge in next week’s parliamentary election. Trump praised Netanyahu as a “great warrior prime minister” and peace partner, crediting him with joining the United States in launching strikes on Iran in February. The conflict, in its seventh month, has disrupted energy markets globally and wreaked havoc across the Middle East, damaging critical infrastructure and...
Instead of redrawing the region, Israel's wars of expasion pushed the region to work together against it.
“If you’re in doubt about somebody’s name from the Middle East, just say ‘Mohammed,’” says US President Donald Trump.
Iranian President Masoud Pezeshkian has decried the ecological damage caused by conflict in the Middle East