11+ min ago   (527+ words) Drone attacks on Saudi Arabia's key east-west oil pipeline threaten to halt exports within days, potentially cutting global supply by 4% and worsening the existing fuel crisis. LONDON: Saudi Arabia will run out of oil stocks for exports if it doesn’t…...

1+ hour, 2+ min ago   (660+ words) Despite the UAE's announced trade suspension with Iran, informal trade and financial ties persist in Dubai, sustained by a large Iranian community and historical economic interdependence. DUBAI: In the markets of old Dubai, saffron, cumin, pistachios and almonds from Iran…...

16+ hour, 4+ min ago   (365+ words) WASHINGTON: US consumer prices likely accelerated in August as the cost of gasoline rebounded after two straight monthly declines, which would reinforce financial market expectations that the Federal Reserve could raise interest rates next week. The Labor Department’s Consumer Price…...

16+ hour, 4+ min ago   (374+ words) BAGHDAD: Iraq closed three border crossings with Iran on Saturday, officials told AFP, after a drone attack on a Saudi Arabian pipeline that both Riyadh and Baghdad said was launched from Iraq. Soon after the attack, Iraqi Prime Minister Ali…...

8+ hour, 41+ min ago   (809+ words) New attacks in the Strait of Hormuz and on a Saudi oil pipeline escalate Middle East tensions, threatening global energy supplies and driving up oil prices. ADEN/DUBAI: Maritime trackers received new reports of an attack on a ship in…...

16+ hour, 4+ min ago   (211+ words) NEW DELHI: Members of the 11-nation BRICS group including China, Russia, Iran and India called for calm in the Middle East at a summit in New Delhi on Saturday, overcoming earlier divisions to issue a joint statement. Chinese President Xi…...

16+ hour, 4+ min ago   (140+ words) BAGHDAD: Iraq’s North Oil Company signed a 25-year contract with private Iraqi project developer KEPPT to develop and operate the Ajil oilfield, the prime minister’s office said on Saturday. The agreement aims to raise the field’s gas output gradually to…...

16+ hour, 4+ min ago   (158+ words) ISLAMABAD: Pakistan strongly condemned the ‘reprehensible drone attacks’ on the East-West Pipeline in the Riyadh and Madinah regions of the Kingdom of Saudi Arabia, causing damage to the pipeline and injuries to civilians, the Foreign Office said in a statement…...

16+ hour, 4+ min ago   (815+ words) ADEN/DUBAI: Saudi Arabia has shut down its East-West pipeline, after the vital oil conduit came under aerial attack in the widening Middle East war, threatening to send energy prices even higher. The world’s largest crude oil exporter said it…...

22+ hour, 31+ min ago   (230+ words) Chinese entities reportedly provided Iran with satellite images of a US base in Jordan before a deadly attack, potentially escalating tensions between Washington and Beijing. WASHINGTON: Chinese entities supplied Iran with satellite images of a base in Jordan before and…...