Iranโs president condemns environmental impact of war in Middle East
Iranian President Masoud Pezeshkian has decried the ecological damage caused by conflict in the Middle East
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Iranian President Masoud Pezeshkian has decried the ecological damage caused by conflict in the Middle East
Angola is considering selling bonds in China or tapping Islamic debt markets in the Middle East as the oil-producing nation seeks to diversify its sources of financing, according to a senior finance official.
The Houthis launched a deadly missile attack on Thursday on the presidential palace in the Yemeni governmentโs interim capital of Aden, as Saudi Arabia blamed Iran for the recent dramatic escalation in the long-running war. Saudi Arabia and the internationally recognised government it backs in Yemen have come under sustained Houthi attack of late, shifting the focus of the wider Middle East war that erupted with US-Israeli strikes on Iran in February. The Iran-backed Houthis have seized swathes...
Rising fuel prices are having a negative impact on household budgets and sectors including transport, agriculture, and construction.
Bangkok, Oct. 15 (Jiji Press)--Finance ministers and central bank chiefs from the Group of 20 major economies met in Bangkok on Thursday to discuss ways to address rising inflation as crude oil prices remain high amid turmoil in the Middle East. Participants also discussed coordinating their policies to stabilize financial markets in light of a global rise in long-term interest rates, fuele...
Oilย fell as concerns about the supply disruptions caused by the conflict in the Middle East eased and the International Energy Agency raised its forecast for the warโs impact on supply.ย Bloomberg's Stuart Livingstone-Wallace reports. (Source: Bloomberg)
Lorelai Jacinto had worked as a domestic helper in Riyadh for two and a half years before she flew home to the Philippines on September 19, increasingly worried that the conflict in the Middle East was making it unsafe to stay. โWhen the conflict with Iran happened, I started feeling like it wasnโt safe there any more because I was right there in Riyadh myself, so the bombing, the missiles, were closer to us,โ Jacinto told This Week in Asia. โI got worried, I got scared that maybe I wouldnโt be...
Oil held a gain as a flare-up in attacks from Russia to the Middle East threatened supply that only recently recovered to near pre-war levels.
Oilย gained Wednesday as hostilities intensified from Russia to the Middle East, threatening supply flows that only recently recovered to near pre-war levels. Brent traded above $106 after Iran-backed Houthi rebels launched missile and droneย strikesย across Saudi Arabia, including a hit that damaged Saudi Aramcoโs headquarters. That added to an escalation inย Iranian attacksย on tankers in the Strait of Hormuz thatโs threatening aย reboundย in Gulf supply. We discuss the latest energy headlines with Rob Barnett, Senior Energy Analyst for Bloomberg Intelligence. (Source: Bloomberg)