Oil markets rarely move on headlines alone. When a major producer like Iran faces a 10.1% GDP contraction, open conflict with the US and Israel, and blocks a key shipping chokepoint such as the Strait of Hormuz, pricing power and risk perceptions can shift quickly. This article explains how that backdrop affects integrated oil and…
The New York Times has been sued by Florida’s attorney general, who’s representing shareholders in a lawsuit accusing the company’s board of directors of failing to exercise proper oversight of editorial standards. The petition, filed on Wednesday in New York state court, alleges that the Times‘ credibility has been undermined by anti-Israel bias in the…
Two important diplomatic messages from the Middle East outlined different aspects of the regional situation on Monday – Jordan’s King Abdullah II accused Israel of not complying with the agreements under US President Donald Trump’s plan for Gaza, and Iran said it intends to develop relations with Russia despite US sanctions. The remarks come against…
An Israeli-led company specialized in AI-guided cardiac sonography called UltraSight announced on Wednesday that it had raised $24 million in Series B2 financing, which will allow its expansion into the United States market and the development of new high-value workflows for the intensive care unit and circulatory support settings. “We are entering this next stage…
US President Donald Trump has backed the India Middle East Europe Economic Corridor as a strategic connectivity and energy security initiative amid rising tensions in West Asia. The proposed IMEC network aims to link India, the Gulf region and Europe through rail, shipping, energy and digital infrastructure while reducing dependence on vulnerable trade routes. Updated…
Chinese President Xi Jinping on Wednesday left for Washington to hold a rare second summit with his US counterpart Donald Trump in less than six months to discuss a broad range of bilateral and international issues. Xi is accompanied by his wife Peng Liyuan, Cai Qi, a member of the Standing Committee of the Political…
US President Donald Trump has thrown his weight behind the India-Middle East-Europe Economic Corridor (IMEC). He said the project could help reduce the region’s dependence on vulnerable energy routes amid the conflict with Iran. The US President made the remarks during a multilateral meeting with Gulf Cooperation Council and Arab leaders on the sidelines of…
Israel sold more than $1.5 million worth of assault rifles, pistols and ammunition to equip the presidential guard of the Democratic Republic of Congo in 2023, but the deal later descended into a payment dispute after Congolese authorities allegedly complained of defective products and noncompliant ammunition, some of which was ultimately returned to Israel in…
US President Donald Trump on Tuesday publicly backed the India-Middle East-Europe Economic Corridor (IMEC), saying the Iran war has highlighted the need to shift critical Middle East energy infrastructure away from vulnerable routes. Addressing a meeting with Gulf Cooperation Council and Arab leaders on the sidelines of the United Nations General Assembly in New York,…
US-based investment firm Ibex Investors has closed an oversubscribed $87 million fund focused on secondary investments in Israeli private companies and appointed Osnat Velingard as portfolio manager in its Tel Aviv office. The new vehicle, Ibex Secondary II LP, is the firm’s sixth Israel-focused fund. It is designed to purchase existing stakes in private growth-stage…
