Middle East conflict
Middle East conflict
Middle East conflict
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Diesel prices surge as refinery damage worsens fuel crisis
Diesel prices hit records as refinery damage from Middle East and Ukraine wars creates bottleneck worse than crude oil shortage.
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Houthis attack Saudi Arabia before high-stakes talks in Tehran
Houthi rebels continue strikes on Saudi capital as high-level defence talks scheduled in Tehran aim to prevent regional conflict escalation.
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Three killed in Houthi attacks on Saudi airports
Three people killed in Houthi attacks on Saudi airports as Yemen conflict escalates. Coalition strikes 82 targets in retaliation.
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Iran threatens new strikes as it awaits US response to Hormuz plan
Iran threatens infrastructure attacks across Middle East while waiting for US formal response to proposal for reopening Strait of Hormuz.
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Oil prices jump as Trump says no to Iran’s truce plan, South Africa to feel the pain
Oil prices surged after Trump rejected Iran’s truce offer, reigniting inflation concerns as markets await crucial US economic data releases.
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Oil prices drop as Trump reports ‘very good talks’ between the US and Iran
Oil prices fell on Wednesday after President Donald Trump said US and Iranian representatives had met for “very good” talks at the United Nations.
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US approves sale of 48 F-35 jets to Saudi Arabia
The State Department has approved a $24.3 billion sale of advanced stealth warplanes to Saudi Arabia, pending congressional approval.
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CBO report reveals staggering multi-billion dollar cost of Iran conflict
The US military conflict with Iran tops $38 billion as the blocked Strait of Hormuz sparks a global oil crisis and drives up global inflation.
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Saudi Arabia vows to respond ‘firmly’ to Houthi attacks
Saudi Arabia promises firm response after Iran-backed Houthis wound 13 people in ballistic missile and drone attacks on southern regions.
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Houthis target Saudi base as Iran denies involvement in Yemen war
Yemen’s Houthis attacked Saudi military targets as Iran denied involvement in the civil war that has displaced thousands of people.
