Oil prices rise 1% as Middle East conflict continues Hormuz shipping disruption

On Friday, oil prices experienced a modest rise amid shipping uncertainties in the Strait of Hormuz. Traders exhibit caution regarding transit through this critical route. Meanwhile, US President Donald Trump hinted at a potential resolution to the ongoing conflict. Additionally, Iran and Oman are exploring new transit

Officials believe important economic sites will be hit in a series of attacks overseen by Iran's Islamic Revolutionary Guard Corps in the days after Saudi Arabia teamed up with the US for air strikes

Officials believe attacks on the country could come from the north and south

Yet history teaches us something different. Military victories may change realities on the ground, but they rarely resolve the deeper wounds that fuel conflict.

"Interlocking conflicts have accelerated the breakdown of the regional order," one expert told Newsweek.

Welcome back to the City AM liveblog. Oil prices have fluctuated around the $80 mark over the last 24 hours following mixed developments coming out of the Middle East. Brent crude – the international benchmark for oil prices – was heading towards $79 per barrel on Thursday morning, holding up a near 10 per cent…

IDF had issued warning to inhabitants of southern Lebanese village to flee homes before striking Here are some of the latest images from Lebanon on the newswires: The IDF has issued a brief update saying it has begun “targeted strikes” in southern Lebanon, which it said were in response to Hezbollah breaching the cease

Aug 5 : Payment technology company Global Payments cut its annual net revenue and profit forecasts on Wednesday amid economic uncertainty linked to the war in the Middle East. Shares of the company, which are up 14 per cent so far this year, fell about 2.7 per cent in premarket trading following results.Here are some m

Diesel Back in Spotlight as Middle East Conflict Escalates  wsj.com

It is no longer possible to view the wars raging across the world as separate crises linked only by temporal coincidence. The international landscape reveals clear interconnections among most conflict flashpoints, as if they were pieces of a single tableau reflecting the profound transformation underway in the internat

British energy giant BP said on Tuesday that its net profit more than doubled in the second quarter as the Middle East war roiled oil and gas markets.