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Attack by Houthis on Saudi Arabian tankers in Red Sea threatens further squeeze on energy supplies
Three very large crude carriers hauling about 6 million barrels of crude slipped out of the Persian Gulf via the Strait of Hormuz in the past 24 hours, running the gauntlet of potential attack by Iran.
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Crown prince has insisted any rapprochement with Israel would depend on steps towards establishing Palestinian state
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FORM 8.3
Gold fell as the escalating conflict in the Middle East continued to push up energy prices, fueling bets the Federal Reserve will tighten monetary policy to contain inflation.
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Southeast Asia hosts security gathering amid Middle East turmoil Reuters
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Two Chinese supertankers with Saudi oil head to Bab el-Mandeb for Red Sea exit Reuters
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US military completes 12th straight night of strikes on Iran Reuters
Roche Holding’s results showed a slower-than-expected recovery for eye blockbuster Vabysmo as investors look to a key new drug to power growth ahead.
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Cutting off Red Sea oil route may be one crisis too many Reuters