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Keywords: Middle East
Oil prices rose slightly on Friday but remained on track for their sharpest weekly decline since June 2025, with both West Texas Intermediate and Brent crude down करीब 10% over the week, as tensions in the Middle East continued to disrupt confidence in global supply routes. The decline follows......
Ukrainian President Volodymyr Zelensky confirmed that Ukrainian forces have actively intercepted Iranian-designed Shahed drones in several Middle Eastern countries, marking a significant expansion of Kyiv’s operational role beyond its own territory. Speaking to journalists during a briefing reported......
French retail executive Michel-Édouard Leclerc has warned that fuel prices are unlikely to return to pre-conflict levels following instability linked to tensions in the Middle East. Speaking about recent fluctuations in oil markets, he noted that prices at the pump are expected to decline slightly......
Futures for Canada’s main stock index, the S&P/TSX, fell slightly on Thursday as investors assessed ongoing developments in the Middle East, while uncertainty over the Strait of Hormuz reopening drove oil prices higher. June TSX futures were down 0.13% as of 5:22 a.m. ET (9:22 a.m. GMT). Heightened......
A six-week conflict involving the United States, Israel, and Iran has triggered Asia's worst energy crisis in decades, with surging fuel prices, severe LPG shortages, and widespread economic fallout. A fragile two-week ceasefire announced April 7 offers only tentative relief. Wood Mackenzie's......
Spain has strongly condemned recent Israeli airstrikes on Lebanon, accusing Israel of violating international law and a recently brokered two-week ceasefire. Spanish Foreign Minister Jose Manuel Albares highlighted the attacks as reckless and illegal during a parliamentary address in Madrid. Madrid......
The currency of South Africa weakened slightly as investors reacted cautiously to ongoing geopolitical uncertainty and assessed key domestic economic indicators. The South African rand came under pressure as doubts persisted over the durability of a fragile ceasefire in the Middle East involving the......
France has called for Lebanon to be fully included in the scope of the recent ceasefire agreement between United States and Iran, stressing the need for broader regional stability. French Foreign Minister Jean-Noel Barrot emphasized that limiting the ceasefire to a single front would not be sufficient......
Leaders of the European Union have welcomed the recent ceasefire agreement between the United States and Iran, describing it as an important step toward easing tensions in the region. Ursula von der Leyen, President of the European Commission, highlighted that the agreement provides a much-needed opportunity......