Middle East conflict
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Dubai luxury hotels woo staycationers as tourists flee
Dubai’s luxury hotels slash prices for residents as war-driven tourism collapse forces five-star properties to rely on staycation deals.
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SA Agulhas II voyage postponed amid winter diesel supply crisis
Fuel shortages linked to Middle East tensions have delayed the SA Agulhas II’s Marion Island relief voyage from Cape Town.
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Fuel shortage delays relief mission to Marion Island
Fuel shortages linked to the Middle East crisis have delayed South Africa’s annual relief mission to Marion Island by several weeks.
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Markets rattled as US, Iran clash in Hormuz
The US was awaiting Iran’s response to its latest proposed peace deal, after both sides accused the other of triggering an overnight clash.
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Trump’s ultimatum to Iran: Accept deal or face more strikes
President Donald Trump issued an ultimatum for Iran to accept a deal to end the war or face intense renewed US bombing.
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Oil prices dip below $100 on US-Iran deal optimism
World oil prices dived Wednesday and stock markets rallied on fresh hopes for an end to the Iran war.
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Mercedes-Benz profits dip as China competition bites, Middle East conflict threatens supply chains
Mercedes-Benz reported a 17% drop in quarterly profit, hit by fierce Chinese competition and growing fears over Middle East supply disruptions.
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Oil plunges, stocks jump as Iran declares Strait of Hormuz open
Oil prices dropped over 10% after Iran declared the Strait of Hormuz open, boosting stock markets and hopes for peace talks.
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Trump says Iran talks could resume within days
US President Donald Trump has indicated peace talks with Tehran could resume this week.
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US-Iran truce shows cracks as war flares in Lebanon
Lebanon declared a national day of mourning on Thursday after Israeli strikes pummelled the country.
