
The Guardian - 5 hours 46 min ago
IMF's World Economic Outlook shows how a worsening Middle East crisis could affect global growth and inflation An International Monetary Fund scenario where global oil prices jump to US$130 a barrel over coming months could push Australian petrol prices up by another 30 cents per litre and pile pressure on the Reserve Bank to hike interest rates, economists say. In its latest World Economic Outlook, the IMF modelled the impact on global growth and inflation from a worsening Middle East crisis...

The Guardian - 5 hours 46 min ago
World Economic Outlook says states' oil stocks are low and budgets are overstretched, as it upgrades UK GDP growth forecast for 2026 Developing nations face triple shock, UN warns The global economy "could soon test the limits of resilience", as emergency oil stocks run low and government budgets become overstretched, the International Monetary Fund has warned. In its twice-yearly World Economic Outlook, the IMF said global growth had withstood the Middle East conflict better than feared...

PBS Newshour - 9 hours 1 min ago
President Trump blames high energy prices on Ukraine, not his war in the Middle East, and made a surprise decision to suspend sanctions against Russia on Friday. William Brangham discusses the latest developments in the Ukraine-Russia war with Andrew Weiss. He's a former State Department official and is now with the Carnegie Endowment for International Peace. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy...

The Raw Story - 15 hours 6 min ago
Middle East crude exports have nearly rebounded to where they stood before the U.S. war against Iran, thanks largely to what Reuters called a "vital lifeline" but on Sunday, Tehran named that lifeline its new "explicit target" as a senior official appeared to "taunt" President Donald Trump, Al Jazeera reported . That lifeline has been ship-to-ship transfers using corridors along the coast of Oman in an effort to bypass Iranian interference in the Strait of Hormuz, with coordination...

Conde Nast Traveler - 16 hours 9 min ago
Sophia Dyer, associate editor at Cond Nast Traveller Middle East, hops aboard Etihad Rail's sleek new train.

BBC - 16 hours 52 min ago
Both conflicts have led to less diesel being exported - but the data shows more has been lost from the Middle East.

NBC News - 18 hours 12 min ago
Fears of intensifying conflict were growing in Saudi Arabia on Monday after Yemen's Iran-backed Houthis launched multiple strikes on Riyadh's airport over the weekend, killing 13 people and wounding hundreds.

The Raw Story - 18 hours 25 min ago
The chances that President Donald Trump authorizes a significant military escalation in the Middle East and soon are "relatively high," Fox News' Trey Yingst said Monday as the White House weighs its response to a recent strike on a major U.S. ally. On Saturday, Yemen's Houthi militants carried out a deadly attack on Saudi Arabia, striking the King Khalid International Airport in Riyadh and killing at least 12 people and injuring more than 300. Trump told reporters he was considering...

New York Times - 22 hours 43 min ago
Ships anchored this month off the coast of Khasab, Oman, near the Strait of Hormuz.