By Laura He, CNN Hong Kong (CNN) — Oil prices jumped on Friday while Asian markets tumbled, with global investors worrying about an escalation in conflict in the Middle East after explosions were reported near the Iranian city of Isfahan. US crude futures rose 2.1% to trade at $84.5 per barrel during Asian morning trading
Major cryptocurrencies lost footing on Friday, tumbling more than 4% as the crisis in the Middle East seemingly affected the appetite for risky assets.The geopolitical tensions in the region intensifi
Both Iran and Israel are calibrating their responses. That does not mean the region should breathe easyThe danger facing the Middle East is not from wild or impulsive action, but from the considered decisions of men who believe they know what they are doing and how their opponents will respond. Their confidence is not reassuring when their judgment has previously fallen short.On Friday, Iran was quick to play down the overnight strike by Israel, suggesting that it was unclear who was responsible...
2024-04-19 05:35:17 A. Guterres also indicated that Israel’s military offensive against Hamas attackers in the Gaza…
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 rising geopolitical tensions in the Middle East could result in potential jet fuel price hikes and lower passenger traffic, and no aviation player will be spared if a full blown war erupts in the region.
EASYJET says it has suffered an £80million hit from the conflict in Gaza and growing tension across the Middle East. The low-budget airline axed flights to Israel and Jordan following the Hamas ter
Prime Minister Benjamin Netanyahu said he spoke to senior U.S. officials about the possibility of sanctions and promised to fight any such measures.
Middle East tensions rattled markets in the Asian session following ABC News reports of Israeli missile strikes in Iran. Oil and gold prices surged while bitcoin dropped below $60,000. However, an Iranian official denies the missile attack reports, adding to the uncertainty. Market focus now shifts to UK retail sales data and speeches by Bank of England officials Ramsden and Breeden.
Amid escalating tensions between Iran and Israel, the Philippine government is gearing up to ensure the safety of over two million Filipinos residing in the Middle East.
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