Middle East
Drone Strike Causes Fuel Leak on Oil Tanker Near Oman
The Abu Dhabi National Oil Company confirmed a fuel leak from one of its vessels this Wednesday. Two Iranian drones struck the massive tanker last
Wealthy VIPs Keep Flying Private Jets to Cannes Despite Severe Fuel Crisis
The Cannes Film Festival started this Tuesday, bringing heavy traffic to the local runways. Rich celebrities and executives are flying their private jets directly into
Europe Faces Huge Risks as American Gas Imports Soar
European countries plan to buy 80% of their liquefied natural gas from the United States by the year 2028. The Institute for Energy Economics and
Trump and Xi Meet in Beijing to Fix Trade and Stop Wars
United States President Donald Trump landed in Beijing today to start a massive 2-day diplomatic summit with Chinese President Xi Jinping. This trip marks the
Iran Threatens United Arab Emirates as Regional Tensions Reach Boiling Point
Iranian authorities now openly threaten the United Arab Emirates. Following recent clashes with American forces, Tehran changed how it talks about its wealthy Gulf neighbor.
Trump States He Does Not Need China’s Help in the Iran Conflict as Oil Prices Surge
United States President Donald Trump announced on Tuesday that he does not need any help from China to end the ongoing war with Iran. He
Defense Secretary Claims Trump Can Restart Iran Strikes Without Congress
Defense Secretary Pete Hegseth says President Donald Trump can order new military strikes against Iran without asking Congress for permission. Hegseth claims the president holds
Saudi Arabia Launches Secret Retaliatory Airstrikes on Iranian Soil in late March
Saudi Arabia launched secret airstrikes directly into Iran late last March. These attacks served as strict payback for earlier strikes against the Saudi kingdom during
UK Offers Drone Ships to Protect Middle East Shipping As Domestic Crisis Deepens
The United Kingdom promised on Tuesday to deploy high-tech autonomous vessels to protect the Strait of Hormuz. Defense Secretary John Healey announced the country will
US and Iran Peace Deal Collapses as Oil Prices Hit 106 Dollars
Optimism for a quick end to the war in the Middle East vanished on Tuesday. Officials from the United States and Iran showed zero signs
Trump Travels to Beijing Seeking Trade Deals and Help with Iran War
Donald Trump is heading to Beijing on May 14-15 to meet Xi Jinping. A year ago, Trump predicted that towering tariffs would force China’s economy
Bitcoin Stalls as Traders Worry About Middle East War and Inflation
Bitcoin barely moved on Tuesday morning. The digital currency traded in a tight price range as traders worried about fading peace talks between the United
US Inflation Hits Multi-Year High as Gas and Rent Prices Surge
The Labor Department plans to release its latest Consumer Price Index report on Tuesday. Economists expect the data to show solid price increases for the
Second Wave of Energy Shocks Batters Asian Economies
Asia’s initial defenses against the energy shock from the war in Iran are failing rapidly. A much more damaging second wave of economic pain is
US and Iran Ceasefire Nears Collapse as Oil Prices Surge
President Donald Trump rejected the latest peace offer from Iran on Monday, putting the current ceasefire on massive life support. Speaking from the Oval Office,
Gold Prices Climb as Investors Watch Trump and Middle East Conflict
Gold prices climbed higher on Tuesday morning as global tensions grew. Spot gold increased by 0.5 percent to reach $4,757.59 per ounce shortly after midnight.
Trump Rejects Iran Peace Demand and Says Ceasefire on ‘Life Support’
President Donald Trump threw out a new peace proposal from Iran on Monday, calling the document “stupid” and warning that the current ceasefire hangs by
EU Prepares to Sanction Violent Israeli Settlers After Hungary Drops Veto
European Union leaders stand ready to approve strict sanctions against violent Israeli settlers. This major policy shift happened after Hungary elected a new government. Péter
Trump Rejects Iran Peace Offer as Global Oil Prices Jump
President Donald Trump rejected a formal peace offer from Iran on Sunday. His immediate refusal crushes any remaining hopes for a quick end to the
Macron Clarifies French Navy Will Stay Out of Hormuz Strait
French President Emmanuel Macron spoke out on Sunday to calm rising military tensions in the Middle East. He stated clearly that Paris never planned to
Iran Demands Visa Guarantees for World Cup Squad in North America
Iran plans to compete in the upcoming World Cup across North America, but sports officials in Tehran just handed FIFA a strict list of demands.
Iran Issues Severe Military Warning to French and British Navies
Iran fired a strict warning at France and Britain on Sunday over their naval plans in the Middle East. The Islamic Republic told the two
United Arab Emirates Quits OPEC to Form New Oil Club
The United Arab Emirates just made a massive decision that will change the global energy market. The Middle Eastern nation announced it will officially leave
Britain Deploys Warship HMS Dragon to the Middle East to Protect Shipping
Britain announced on Saturday that it will send the warship HMS Dragon directly to the Middle East. Military commanders ordered the advanced air defense destroyer