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Search results for: "Middle East". 71 articles found.
Treasury Secretary Scott Bessent said early Thursday that the U.S. may lift sanctions on Iranian oil that is already in transit amid rising energy prices resulting from the ongoing U.S. military operation in the Middle East. Bessent told Fox News's Maria Bartiromo that about 140 million barrels of oil would be freed up by this...
Policymakers voted unanimously to keep rates at 3.75%, with cuts now looking to be off the table as the conflict in the Middle East escalates.
Badr Albusaidi said this is not America's war' and criticised Washington for supporting Israel...
The Israeli bombing of the South Pars gas field has chilling parallels to Russia's bombing of Ukrainian infrastructure, that has been condemned as a possible war crime. World affairs editor Sam Kiley writes that such a strategy will cause needless pain and do nothing to bring the regime to its knees...
Defense Secretary Pete Hegseth was forced to walk a tightrope lest he alienate the only military ally he has in the war on Iran and he was put in that spot Thursday by a MAGA media reporter. Late Wednesday night, President Donald Trump was less than diplomatic when he criticized Israel on Truth Social over a new front in the Middle Eastern war. On Truth Social, the president wrote, "Israel, out of anger for what has taken place in the Middle East, has violently lashed out at a major facility...
Joe Kent, a top intelligence official who resigned this week in the wake of the U.S. strikes in Iran, said the late conservative activist Charlie Kirk last summer implored him to do what he could to make sure the Trump administration resisted getting involved in a war in the Middle East. "I wasn't particularly close with Charlie, he was very...
Iran war and its impact on energy and fertiliser costs is the main risk to the global economy, report says Business live latest updates An extended period of high oil prices as a result of war in the Middle East could "crimp" the AI boom, the World Trade Organization's chief economist has warned. The war and its impact on energy and fertiliser costs is the main risk to the global economy identified in the WTO's latest Global Trade Outlook. Continue reading...
ABC News - 2 hours 49 min agoThe widening war in Iran is exposing big gaps at the State Department, especially in the bureau that handles the Middle East...
Carriers warn they cannot hold off passing on costs for long, while some airlines plan to increase flights via Asia Business live latest updates Europe's biggest airlines have said the spike in fuel prices caused by the war in the Middle East will drive up fares and are advising passengers to book early. While carriers have partly hedged the price of jet fuel, bosses said they could not keep avoiding passing on additional costs to passengers for long. Continue reading...
Rep. Nancy Mace (R-SC) is once again thumbing her nose at the Trump administration, this time by mounting her own freelance rescue operation for Americans stranded in the Middle East a move that's infuriating White House officials trying to control the Iran war narrative. According to the Guardian, Trump administration officials are seething over Mace's decision to travel to the region and conduct unauthorized evacuation missions, directly undermining State Department coordination efforts...
Ursula von der Leyen, president of the European Commission, in Brussels on Thursday. During their talks, E.U. leaders were expected to focus on spiking fuel prices and the impact of war in the Middle East.
The Bank of England left rates unchanged in a unanimous vote among all nine members of its Monetary Policy Committee on Thursday.
From Venezuela to the Middle East, this is gangsterism fused with colonialism. It repudiates the moral language through which US power once justified itself Gone are any pretences about saving the Iranian people. "They really are a nation of terror and hate," Donald Trump says of Iran . Asked if he would like to help its people, he replied : "I'd like to, if they can behave, but they've been very menacing." Perhaps even he sensed the counterproductive ugliness of this, hastily...
President Trump warned Iran against continued attacks on Qatar late Wednesday, after the Islamic Republic targeted key energy facilities in neighboring Gulf States in response to an Israeli attack on its South Pars natural gas field. Trump wrote on Truth Social that Israel "violently lashed out" at the South Pars facility "out of anger for...
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Trump has claimed that he knew nothing about the Israeli strike which prompted a heavy retaliation from Tehran...
With attacks on energy sites in the Middle East intensifying, President Donald Trump's Director of National Intelligence, Tulsi Gabbard, was pressed on Capitol Hill about whether the administration knew Iran would target oil and gas sites in retaliation for the war. She also deflected questions about whether Iran's nuclear program posed an imminent threat to the United States. NBC's Peter Alexander reports for TODAY from the White House.
Mother Jones - 4 hours 34 min agoThis story was originally published by the Guardian and is reproduced here as part of the Climate Desk collaboration. With big oil companies poised to reap billions of dollars in profits from the war in Iran, Democratic lawmakers and progressive groups are calling for a windfall tax on major fossil fuel companies. The US-Israeli strikes on Iran have triggered […]...
The move would be a major escalation in the US-Israel war against Iran. Plus, FBI director admits to buying data tracking Americans' locations Good morning. Donald Trump threatened to "massively blow up" the world's largest gasfield after Israeli strikes on Iran's South Pars field led Tehran to take revenge on energy facilities across the Middle East. What's happening to oil and gas prices? Brent crude rose by 8% to $116 a barrel. European gas prices jumped, with the Dutch...
Benchmark Brent oil prices jumped above $119 a barrel on Thursday after Iran attacked energy facilities across the Middle East following Israel's strike on its South Pars gas field, a major escalation in the war.
In the past two weeks, Israel has pounded vast swathes of Lebanon, killing at least 850 people, according to health authorities. Health facilities are also being targeted, causing widespread casualties. Bel Trew reports from the scene of the latest deadly strike...
The conflict in Iran has caused massive disruption to global air travel...
A missile strike by Israel on a building in Lebanon's capital Beirut was captured in a stunning series of pictures by photographer Fadel Itani.
The conflict in the Middle East could raise the cost of petrol, household energy bills and even food.
The conflict in the Middle East could raise the cost of petrol, household energy bills and even food.
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