Fighting between Iran and Israel impacted North Africa, where surging prices may disrupt budgets and plans. But for North Africa's energy exporters, higher oil prices are a reason to cheer.
Oil rose about 1% on Thursday supported by optimism over China's demand outlook and hopes that upcoming inflation data from the United States will point to a slower increase in interest rates.
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Oil prices jumped by 3% on Tuesday on hopes for a relaxation of China's strict COVID-19 controls after rare protests in Chinese cities over the weekend.
Brent crude futures gained $2.50, or 3%, to…
World stocks and oil prices fell on Monday as fresh COVID-19 curbs in China fueled worries over the global economic outlook.
The safe-haven dollar rallied, while the U.S. Treasury yield curve…
Oil prices rose on Tuesday as worries about tight fuel supplies ahead of winter offset investor concerns about falling demand in China, the world's biggest crude importer.
Brent crude gained 78…
Oil prices rose on Monday as Iranian nuclear talks appeared to hit obstacles and an embargo on Russian oil shipments loomed, with tight supply struggling to meet still robust demand.
Brent crude…
A tentative return of risk appetite to global stock markets and rebound in oil prices at the end of last week helped lift major Gulf equities, though they remained vulnerable to rate hikes and demand…
Oil prices rose by as much as $1 per barrel on Thursday after dropping below key technical support levels in the previous session, as an energy standoff between Europe and Russia focused investor…
Oil prices rose more than 3% on Monday, extending gains as OPEC+ producers agreed on a small oil production cut to bolster prices.
Brent crude futures for November delivery rose $3.43 to $96.45 a…
The conflict has forced Russia to scale back its global footprint and NATO to boost its defence spending. Meanwhile, China and Middle powers have emerged as key beneficiaries.
As the US and Iran head to talks in Geneva, competing forces are pulling Trump in opposite directions. There are only two "good" scenarios in front of him, and neither will be easy to achieve.
His arrest is the first for a British royal in modern history and comes after it was revealed he had passed confidential state documents to US financier and sex offender Jeffrey Epstein
Faris Al-Muhanna dreams of one day creating a digital archive to safeguard the history and memory of Lebanon's most iconic artist for future generations