Keywords: Middle East


Nikkei plunges nearly 5 percent as Middle East tensions rattle Asia

Japan’s Nikkei 225 index fell sharply by nearly 5 percent on Monday, losing more than 2,600 points as escalating conflict in the Middle East triggered a broad selloff across Asian markets and intensified concerns over a prolonged energy-driven inflation shock. South Korea’s Kospi dropped......

Goldman Sachs raises oil forecasts as Hormuz crisis disrupts supply

Goldman Sachs has sharply increased its oil price outlook for 2026, citing what it describes as the largest supply shock in history driven by the near-total disruption of flows through the Strait of Hormuz. The bank now expects Brent crude to average $85 per barrel this year, up from a previous forecast......

European stocks drop sharply at Monday opening amid oil and Middle East tensions

European stock markets opened sharply lower on Monday, weighed down by surging oil prices and ongoing conflict in the Middle East, with no signs of de-escalation as the fourth week of tensions begins. At around 9:05 a.m. Paris time, major indices were down: Paris’s CAC 40 fell 1.44%, London’s......

China warns of ‘vicious cycle’ if Middle East conflict escalates

China has issued a strong warning against further escalation in the Middle East, cautioning that continued military action could trigger a “vicious cycle” of instability across the region. Speaking at a press briefing, Chinese Foreign Ministry spokesperson Lin Jian called on all parties......

Putin reaffirms Russia’s support for Iran amid rising tensions

Russian President Vladimir Putin has reaffirmed his country’s support for Iran, emphasizing Moscow’s commitment to maintaining strong ties with Tehran during a period of heightened regional tensions. In a message marking the Persian New Year, Nowruz, Putin extended his congratulations to......

Dubai property market shows early signs of weakness amid regional tensions

Dubai’s once-resilient property market is beginning to show early signs of strain as geopolitical tensions in the Middle East weigh on investor confidence and transaction activity. Recent data from market analysts indicate a noticeable slowdown in real estate transactions across the United Arab......

Fuel prices surge in Vietnam amid supply fears linked to Middle East conflict

Fuel prices in Vietnam rose sharply overnight following a government decision to increase rates amid growing concerns over supply disruptions linked to the Middle East conflict. The price of gasoline climbed by around 20%, while diesel surged by approximately 34% in a single adjustment. Since the escalation......

Explosions reported in Bahrain’s capital amid regional escalation

Explosions were reported on Thursday in Bahrain’s capital, Manama, according to eyewitness accounts, as tensions continue to rise across the Gulf region. The incident comes amid an ongoing wave of retaliatory actions linked to the broader conflict in the Middle East. Since the escalation began......

Global food traditions reflect culture identity and social connections

Food practices around the world carry strong cultural meanings shaped by history, environment, religion, and social structures. These traditions influence identity, daily routines, and communal rituals, creating distinct patterns across regions while also evolving through migration and global exchange. In......