The Kremlin said on Friday that the war in Iran had fuelled demand for Russian energy products, Reuters writes. The conflict, which entered its seventh day on Friday, has left the Strait of Hormuz,...
Economy
Soon after the first Iranian missile and drone attacks on Dubai last week, two Indian entrepreneurs based there tried to move more than $100,000 each from their local bank accounts to Singapore to h...
The UAE’s years-long property boom faces its first real test after Iranian missile strikes shattered the Gulf’s safe-haven aura, Reuters writes. The attacks on airports, ports and residential areas in...
US President Donald Trump said on Thursday he was not concerned about rising US gas prices driven by the widening Iran conflict, telling Reuters in an interview that the US military operation was his...
Venezuela’s state-owned mining company has signed a multi-million-dollar deal to sell as much as 1,000 kg of gold dore bars to commodities trader Trafigura for US markets, Reuters writes, referri...
The US and Israel’s military actions against Iran, which began on Feb. 28, are starting to have effects not only militarily but also economically. Preliminary estimates from experts show that in the f...
During negotiations with Iran, the United States proposed providing Tehran with free nuclear fuel and investing in joint nuclear energy development projects, White House Press Secretary Karoline Leavi...
Spanish Prime Minister Pedro Sanchez warned on Wednesday that the conflict in th eMiddle East risked triggering a major global disaster, Reuters writes. Sanchez was responding after US President Dona...
Maintaining stability in the region is of utmost importance, Georgian PM Irakli Kobakhidze said during the 15th session of the Intergovernmental Commission on Economic Cooperation between Georgia and ...
UK natural gas futures surged 26% to above 143 pence (about 1.90$) per therm on Tuesday, the highest since January 2023, after Qatar halted LNG output at its Ras Laffan complex following an Iranian dr...
Neither the International Atomic Energy Agency nor US intelligence has confirmed that Iran possesses or is attempting to produce nuclear weapons, Russian Foreign Minister Sergey Lavrov has said. “Iran...
On the London ICE exchange, the price of Brent crude oil has surpassed $83 per barrel for the first time since July 22, 2024, according to TASS. Meanwhile, on European gas markets, prices have exceede...
