NEW YORK — The price of oil surged higher and showed no signs of halting its rapid climb a week after the U.S. and Israel […]
Tag: Persian Gulf
US to ship anti-drone system to the Mideast after profitable use in Ukraine, officers say
LONDON — An American anti-drone system proven to work against Russian drones in Ukraine will soon be sent to the Middle East to bolster U.S. […]
Video Assault on U.S. service members in Kuwait ‘hits near house’
Attack on U.S. service members in Kuwait ‘hits close to home’ ABC News correspondent and veteran Stephanie Ramos says Kuwait “has always been known as […]
Iran assaults threaten US financial system with extra uncertainty round inflation, development
WASHINGTON — The U.S. and Israeli attacks on Iran add yet more question marks around a U.S. economy already buffeted by on-and-off tariffs, weak hiring, […]
Video American F-15 fighter jets downed in friendly-fire incident in Kuwait
American F-15 fighter jets downed in friendly-fire incident in Kuwait Three U.S. F-15 fighter jets were downed in a friendly-fire incident in Kuwait. All six […]
Oil costs surge as Strait of Hormuz tanker disruptions rattle world provide
FRANKFURT, Germany — Oil prices rose sharply Monday as disruptions to tanker traffic through the Strait of Hormuz chokepoint raised uncertainty about how U.S. and […]
Oil costs soar and inventory costs fall as US-Israel battle with Iran rattles markets
Military strikes on Iran rattled global markets on Monday with U.S. futures following markets in Europe and Asia lower. Energy prices rose sharply. Futures for […]
US futures and Asian shares open decrease, oil costs soar as US and Israel assault Iran
BANGKOK — The U.S. and Israeli attacks on Iran rattled world markets on Monday, with U.S. futures falling more than 1% and oil prices soaring, […]
OPEC+ boosts oil manufacturing after assaults on Iran and all through area
NEW YORK — Eight countries that are part of the OPEC+ oil cartel announced Sunday they will boost production of crude as U.S. and Israeli […]
Dubai’s picture as secure, tax-free haven is rocked by blasts from Iranian airstrikes
The United Arab Emirates has sold itself to foreigners for years as a sunny, safe, tax-free oasis. That peaceful image was shattered Saturday as Iranian […]
