Keywords: Middle East
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......
Lawmakers in Norway are set to vote on proposals to reduce taxes on petrol and diesel as the country faces increasing fuel costs linked to tensions in the Middle East. The debate comes as global oil prices have surged בעקבות the ongoing conflict in the region, placing pressure on households and......
Australia has announced a temporary suspension of entry for travelers holding Iranian passports, citing heightened security and migration concerns linked to ongoing tensions in the Middle East. The measure, which will remain in place for six months, applies primarily to tourist and business visa holders. Government......
European markets surged Wednesday after reports of a US ceasefire proposal to Iran sparked hopes for de-escalation in the month-old Middle East conflict. The advance lifted travel and finance stocks while pushing oil below $100 a barrel. The STOXX 600 rose 1.3% to 586.73 points mid-morning in London,......
Turkey is acting as an intermediary between Iran and the United States, facilitating messages to promote de-escalation and direct negotiations, Harun Armagan, vice chair of foreign affairs for President Tayyip Erdogan's ruling party, told Reuters on Wednesday. While details of the communications......
Japanese Prime Minister Sanae Takaichi met with International Energy Agency (IEA) Executive Director Fatih Birol on Wednesday to request an additional coordinated release of oil stockpiles. The move aims to safeguard Japan against potential disruptions from the ongoing Middle East conflict. Japan had......
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