Keywords: Middle East


Gold plunges as surging dollar outweighs Middle East war premium

Gold and silver recorded their steepest single session declines of 2026 on Tuesday as a surge in the U.S. dollar and rising Treasury yields outweighed safe haven demand driven by the escalating Middle East conflict. Gold fell more than 4 percent during trading, briefly dropping below $5,000 per ounce......

US expands evacuations from Saudi Arabia and Oman after Iran strikes diplomatic sites

The United States has expanded evacuation efforts across the Middle East after Iranian drone strikes targeted American diplomatic facilities in Saudi Arabia and the United Arab Emirates, marking a further escalation in the growing military confrontation between Washington and Tehran. Iranian drones......

EDP chief says Middle East war boosting demand for renewable energy

The conflict in the Middle East is reshaping the global energy debate as rising oil and gas prices renew calls for a faster transition to renewable power. As the military confrontation involving the United States, Israel and Iran enters its second week, disruptions to fossil fuel supply chains have......

Iran conflict could erase $56 billion from Middle East tourism, report says

The growing military confrontation involving Iran could wipe out up to $56 billion in tourism revenue across the Middle East this year, according to a new analysis by Tourism Economics, a research unit of Oxford Economics. The report estimates that international visitor arrivals to the region could......

Iran says Rubio admitted US entered “war of choice” for Israel

Iran said U.S. Secretary of State Marco Rubio effectively acknowledged that Washington joined a voluntary conflict on Israel’s behalf after he defended the joint American Israeli military operation against Iran during remarks at the U.S. Capitol. Speaking before a closed door briefing with lawmakers......

Turkey condemns arrest of two journalists in Tel Aviv

Turkish authorities have condemned the arrest of two journalists in Tel Aviv who were covering the ongoing Middle East conflict, according to statements from Turkish officials and Israeli police on Tuesday. Emrah Cakmak, a reporter for CNN Türk, and Halil Kahraman, a cameraman, were detained while......

Shell sees significant growth potential for Brazil's oil Amid Middle East tensions

The ongoing tensions in the Middle East present Brazil with a unique opportunity to attract international investment in its oil industry, according to Shell's CEO in the country. Cristiano Pinto da Costa emphasized that Brazil’s political stability and reputation as a dependable oil producer......

Emmanuel Macron to address French citizens amid Middle East tensions

French President Emmanuel Macron is scheduled to speak to the nation Tuesday at 8:00 p.m. local time, addressing rising tensions in the Middle East following recent military operations involving Israel and United States in Iran. The Élysée Palace announced that Macron’s televised......

Italy summons Iranian ambassador after drone strike on Cyprus

Italy has summoned the ambassador of Iran following a drone attack targeting a British military base in Cyprus, in a move that underscores mounting diplomatic tensions across the region. According to Italy’s Foreign Ministry, the decision to call in the Iranian envoy was intended to formally protest......