Keywords: Middle East
Asian airlines are cutting flights heavily from April 2026 as a spike in jet‑fuel prices pushes the region toward what analysts are calling the worst aviation crisis since the pandemic. The war between the United States, Israel and Iran, along with disruptions to oil flows through the Strait of Hormuz,......
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......
Yemen’s Houthi movement has confirmed launching its first direct attack on Israel since the start of the ongoing regional conflict, marking a significant escalation that could widen tensions across the Middle East. The group, formally known as Ansar Allah, stated that it carried out a missile......
The USD/JPY pair traded just below the key 160.00 level Friday. Japanese Finance Minister Satsuki Katayama issued her strongest intervention warning yet against the yen's persistent slide, driven by soaring oil prices and Middle East tensions. Katayama told reporters Friday that authorities must......
European stocks edged lower Friday as investors weighed the economic fallout from the ongoing Middle East war. Disruptions to energy flows through the Strait of Hormuz stoke inflation fears across the continent. The STOXX 600 fell 0.2 percent to 579.71 points. Mid-cap stocks led losses with a 1.4 percent......
Asia-Pacific governments have launched urgent fiscal programs, fuel subsidies and liquidity injections to steady markets rocked by the Middle East war. The conflict pitting the United States and Israel against Iran disrupts energy supplies and undermines economic confidence across the region. A Reuters......
German Chancellor Friedrich Merz is scheduled to meet Syrian President Ahmad el-Chareh in Berlin on Monday to discuss the ongoing conflict in the Middle East, a spokesperson for the German government announced on Friday. “The Chancellor will welcome President Ahmad el-Chareh at the Chancellery......
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......
Asian stock markets declined and oil prices rose on Thursday after Iran rejected a US-backed ceasefire proposal, dimming hopes for a swift resolution to the conflict now entering its fourth week. Japan’s Nikkei 225 slipped 0.3 percent, while South Korea’s Kospi dropped 1.9 percent. Hong......
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