Keywords: Conflict
Kuwait International Airport was hit by multiple drones early Saturday morning, causing significant damage to its radar system in the latest attack on the Gulf state's main aviation hub, the country's civil aviation authority said. Abdullah Al-Rajhi, spokesperson for Kuwait's Directorate......
Nearly a month after US and Israeli strikes ignited the US-Iran conflict on February 28, fund managers scramble to reshape portfolios. Persistent volatility and surging oil prices upend standard investment approaches. Investors rush to cash and safe havens. One Australian small-cap fund boosted its......
Macquarie Group analysts warn oil prices could reach a record $200 per barrel if the US-Iran war drags to June with the Strait of Hormuz effectively closed. The Australian investment bank sees a 40 percent chance of prolonged conflict versus 60 percent odds of ending by late March, per a Bloomberg-cited......
The United Nations Security Council is set to convene behind closed doors on Friday following a request from Moscow, amid rising tensions surrounding Iran. The move comes as part of ongoing diplomatic efforts to address escalating concerns over recent military developments in the region. According to......
The U.S. dollar traded near 99.6 on Thursday. Ongoing war between the United States and Iran drives investors to safe-haven assets. The dollar index rose early in the session amid uncertainty over the conflict and the Strait of Hormuz closure. Iranian forces declared the waterway shut on March 4, disrupting......
The European Bank for Reconstruction and Development cautioned Tuesday that the ongoing Middle East conflict threatens economic growth across its regions. Higher energy costs, supply chain disruptions, and tighter financial conditions pose risks. Forecasts could drop 0.4 percentage points if oil prices......
Pakistan has resumed military operations in Afghanistan following a brief pause during the Eid-al-Fitr celebrations, the country's foreign ministry spokesperson confirmed on Thursday. The conflict between the two neighboring nations began last month, intensifying after a Pakistani airstrike targeted......
Germany's lower house of parliament has approved initial measures aimed at controlling rising fuel prices following heightened tensions in the Middle East. The legislation permits petrol stations to raise prices only once per day at noon local time, while price reductions can occur at any time. Violations......
At least 28 civilians have been killed in recent drone attacks in Sudan, targeting the regions of Darfour and Kordofan, according to local medical sources. One of the strikes hit a market in the town of Saraf Omra in North Darfur, killing 22 people—including an infant—and injuring 17 others,......
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