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Search results for: "Middle East". 32 articles found.
Firm benefits from conflict to rake in $6.9bn as higher energy prices turbocharge profits Shell has reported its profits have more than doubled to $6.9bn ( 5bn) after its oil traders reaped the benefits of soaring energy prices during the war in Iran, angering climate campaigners. Higher oil and gas prices during the Middle East conflict helped Europe's biggest oil and gas company post a 115% jump in first-quarter profits from the $3.2bn reported in the last three months of 2025, easily surpassing...
Trump quickly announced the pause of Project Freedom,' citing great progress' with Iran towards a permanent peace deal...
Oil prices rose Thursday, as investors continue to assess the latest developments in the Middle East amid concerns over renewed tensions between Iran and the U.S.
This blog is now closed US fires on Iranian-flagged oil tanker as Trump gives Tehran fresh ultimatum The UK work and pensions secretary, Pat McFadden, has warned that job losses "could happen" in Britain due to the economic impacts of the Iran war. He said the UK economy was "going in the right direction" at the start of the year and unemployment figures for February showed a decline. He added that interest rates were expected to come down and the markets were pricing in cuts during...
Asia-Pacific markets were set to climb, shrugging off renewed tensions in the Middle East.
Inflation could soar and conflict in the Middle East could cost the Treasury 8bn a year, new modelling indicates...
PBS Newshour - 8 hours 20 min agoWith the U.S and Iran considering a potential deal to end the war we turn to two or our experts. Alan Eyre of the Middle East Institute was a senior member of the Obama administration's negotiating team for the previous Iran nuclear deal. Miad Maleki was born in Iran and is a senior fellow at the Foundation for the Defense of Democracies. They join Aman Nawaz for additional perspective. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy...
Soldiers of the 82nd Airborne Division at Fort Bragg, N.C., in 2021.
The United Arab Emirates (UAE) Ministry of Foreign Affairs on Wednesday condemned Iran's statements warning against a "military solution" as talks with the U.S. to end hostilities in the Middle East "progress." Iranian Foreign Minister Abbas Araghchi wrote on the social platform X earlier in the day that recent events in the Strait of Hormuz "make...
NBC News Correspondents Monica Alba and Courtney Kube report on the latest developments in the war with Iran as President Trump appears optimistic a deal is close. Vice President for Policy at the Middle East Institute Ken Pollack discusses the state of play in the war with Iran.
Snap reported first-quarter earnings and provided cautious sales guidance while revealing it no longer has a deal with the generative AI startup Perplexity.
Oil executives have warned that the supply disruption in the Middle East will soon cause actual fuel shortages in some parts of the world.
Lawmakers are worried after the last shipment of oil from the Middle East arrived in California.
With gas more than $6 in state, delivery of about 2m barrels is last planned shipment to pass through strait of Hormuz Middle East crisis live updates The average price of a gallon of gas in California already stands at more than $6, but more uncertainty looms as the last oil tanker from the Middle East arrived in the Golden state this week. The Los Angeles Times reported on Sunday that the New Corolla, which left the Middle East for California before the war broke out, is delivering about 2m barrels...
If they don't agree, the bombing starts,' says president...
Skift - 13 hours 27 min agoThe U.S. is holding up for the company better than the mood music suggests, but the Middle East is a deepening drag that goes beyond the region.
Even as the United States Navy's USS Gerald R. Ford has departed from the region, the FS Charles de Gaulle will support efforts to open the Strait of Hormuz...
Latest proposal, derided by Tehran as a wishlist', could yet be a way out but with 5,000 dead, it comes at an awful price Middle East crisis live updates Another day, another hairpin turn in the world of Donald Trump's foreign policy. The weekend was all about war, and Trump insisting Iran had not yet "paid a big enough price". Tuesday was Project Freedom, styled as a grand "humanitarian gesture" to allow trapped ships and their crews to escape the Gulf, but also aimed at...
President issues fresh ultimatum despite US claims that progress has been made in stalled negotiations with Tehran Middle East crisis live updates The US president, Donald Trump, has issued a fresh ultimatum, telling Iran to accept a deal to end the war in the Middle East or face a new wave of US bombing "at a much higher level and intensity than it was before". The social media announcement on Wednesday was the latest in a rapid series of dramatic and often contradictory changes in policy...
Donald Trump said his new Project Freedom' initiative to save ships stranded in the Gulf has been put on hold...
Ministers also approve exploration in 70 new areas of country's waters, prompting accusations of madness and greenwashing The Norwegian government has been heavily criticism for approving plans to reopen three North Sea gas fields nearly three decades after they were closed to help fill the gap in energy supplies created by the Middle East war. Amid sharp price rises in oil and gas since the US and Israel's attack on Iran in February, Oslo has also given its approval for oil and gas companies...
Many airlines have cancelled flights due to rocketing jet fuel costs caused by conflict in the Middle East...
Profits jump to 122m at ticketing retailer but it expects flat or declining revenues over the coming year Business live latest updates Trainline has said the US standoff with Iran is hitting its revenues, with rail ticket sales to foreign visitors to Europe affected. The UK-based ticketing retailer said it expected revenues to stay flat or decline over the coming year, citing "the effects of geopolitical tensions in the Middle East on inbound air traffic into Europe". Continue reading...
Pontiff responds after US president accuses him of endangering a lot of Catholics' with stance on Iran war Middle East crisis live updates Pope Leo has said he has never supported nuclear weapons and that those who criticise him need to speak the truth, in response Donald Trump's latest tirade accusing him of "endangering a lot of Catholics" with his stance on the Iran war. Speaking to journalists on Tuesday night after leaving the papal retreat in Castel Gandolfo, near Rome, the...
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