Crude oil prices rebounded on Wednesday after Yemen’s Iran-aligned Houthis claimed a missile strike on Saudi Arabia’s largest oil refinery—reversing losses from earlier in
Two Indian-crewed tankers survived projectile and drone strikes within 48 hours, in the Strait of Hormuz and off Romania’s Danube coast. Families of 24
The United Arab Emirates announced it is suspending all trade, commercial exchange and financial transactions with Iran, the Ministry of Foreign Affairs said in a statement this week, a sharp break in
The 60-day negotiating window established by the June 17 U.S.-Iran Memorandum of Understanding expired on Monday, August 17, 2026, without producing a permanent peace settlement or a nuclear agreement. Both sides traded
International oil prices dropped sharply on July 27–28 following announcements that the United States and Iran had paused attacks, reducing immediate geopolitical tensions that had pushed crude prices significantly higher in preceding
The skies over the Middle East have turned into no-fly zones as fighting between Israel and Iran forces airlines worldwide to cancel flights, change routes, and deal with angry passengers stuck in
Australian travelers now face a heightened travel warning for Qatar, with the Department of Foreign Affairs and Trade (DFAT) raising its advisory level amid escalating tensions in the Middle East. DFAT’s Smartraveller