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…
Although an MOU will be officially signed on 19 June, there are already significant differences a decade later, despite the US aim being largely similar. Could Trump open Iran like Nixon opened China?
The official World Cup ball showcases the latest advances in football technology, but new research questions whether future designs should prioritise brain safety as well as performance
Football's biggest tournament has come to adopt a single soundtrack every four years to give each offering a distinct identity. Is this genuine culture, or a mass marketing technique?
Islamabad kept both sides talking even as missiles were being launched. That tenacity looks to have paid dividends in a way that could yet reshape the Middle East's power dynamics.