Middle East
Oil Prices Dip Below $80 a Barrel Amid Fed Uncertainty and Global Supply Concerns
In a significant development for the energy markets, oil prices have fallen below $80 a barrel for the first time in two months. This drop...
Russia and Saudi Arabia Cause Surge in Oil Prices
Oil prices experienced an upswing on Monday following a resolute commitment from major oil exporters Saudi Arabia and Russia to uphold their voluntary supply cuts...
Lilium NV Partners with ArcosJet for Middle East Market Expansion, Stock Surges
In a groundbreaking development, Lilium NV, the pioneer in all-electric vertical take-off and landing (eVTOL) jets, has established an authorized sales dealership in the Middle...
Oil Prices Face Second Week of Losses Amid Israel-Hamas Conflict and Demand Concerns
Global oil prices are poised for a second consecutive week of losses as the Israel-Hamas conflict continues to unfold and demand uncertainties loom on the...
World Bank Warns of Potential 75% Surge in Oil Prices Due to Ongoing Conflicts
In a recent release of its Commodity Markets Outlook, the World Bank has issued a stark warning regarding the potential for a substantial increase in...
Oil Prices Rebound Amid Escalating Israel-Hamas Conflict
In a volatile turn of events, oil prices experienced a sharp uptick on Tuesday, following a precipitous drop on Monday, underscoring growing apprehension among investors...
Oil Prices Surge Amidst Escalation of Israeli Ground Operations in Gaza
Oil prices experienced a significant surge on Friday afternoon following the Israeli army’s announcement of an expansion in its ground operations in Gaza. The West...
Oil Prices Decline as US Economic Growth Challenges OPEC+ Resilience
In a significant development, oil prices saw a decline on Thursday, influenced by a combination of factors including ongoing tensions in the Middle East and...
President Biden Unveils Ambitious $106 Billion Funding Package with Geopolitical Implications
On October 19, President Joe Biden took to the iconic Oval Office to address the nation on a pressing matter of global importance, outlining his...
Hub Cyber Security Shares Surge as Company Bolsters Israel’s Digital Defenses
Shares of Hub Cyber Security (HUBC) surged on Friday following the company’s pivotal announcement of its participation in Israel’s digital ‘Fortress’ defenses. This development comes...