Political and military leaders are still absorbing the extraordinary exchange of fire, writes James Landale.
The escalating tensions between Iran and Israel have raised concerns over the trade of Liquefied Natural Gas (LNG) through the Strait of Hormuz, according to a report by shipping consultancy
Iran has downplayed Friday's incident and said it does not plan to retaliate, a response that one Middle East expert says Israel likely planned for.
Abu Ubaida, a spokesman for Hamas’s paramilitary al-Qassam Brigades, on Tuesday praised the Iranian missile attack on Israel and called for “escalation” on every front of the conflict.
McDonald’s earnings fell short of expectations as its inflation-weary menu prices and boycotts at its Middle Eastern franchises hurt profits. McDonald’s reported first-quarter net income of $
The country is on the defensive. While Israel has ironclad support from its allies, Tehran is vulnerable and isolatedTit-for-tat confrontation between Israel and Iran has sparked concerns about escalation dragging the Middle East into all-out war. Such a scenario remains unlikely because neither Israel nor Iran would benefit from full-on conflict. But while Israel is feeling emboldened, Iran is on the defensive.Iran’s main interest is self-preservation. It wants to protect its nuclear facilities...
Oil prices could rise to $102 per barrel if a major conflict in the Middle East breaks out involving one or more oil producers, according to the World Bank.
Increase in cost of crude could drive inflation up and force central banks to keep interest rates high• Business live – latest updatesA serious escalation of tensions in the Middle East would push the price of oil above $100 (£80) a barrel and reverse the recent downward trend in global inflation, the World Bank has said.The Washington-based institution said the recent fall in commodity prices had been levelling off even before the recent missile strikes by Iran and Israel – making interest rate...
The week in visual commentary.
Israel has started to meet commitments it made to Joe Biden on allowing aid into the north of Gaza, says White House national security spokespersonThe Gaza health ministry on Sunday reported at least 66 Palestinians had been killed in the past 24 hours.In central Gaza, Mohammed al-Hattab said he found his one-year-old baby in the rubble after an Israeli airstrike hit the Nuseirat refugee camp over the weekend. Continue reading
Prime Minister Benjamin Netanyahu said he spoke to senior U.S. officials about the possibility of sanctions and promised to fight any such measures.
Government to resume cooperation with UN agency for Palestinians in Gaza after report finds Israel had yet to back up accusations on employees having terror ties