The Lebanese people want “full diplomatic ties” with Israel and to enjoy the benefits of tourism and trade with their neighboring state, but are being held captive by both Hezbollah and a government unwilling to confront the Iran-backed group, President of the American Mideast Coalition for Democracy John Hajjar told The Jerusalem Post on Thursday…
0 US-Israel-Iran War Latest live News: Global oil prices have climbed sharply amid renewed fears of an escalation in the US-Israel-Iran war, raising fresh concerns about energy security, inflation and the wider global economy. Brent crude reportedly surged to $117.30 per barrel during Friday trading, while US benchmark West Texas Intermediate (WTI) touched $103 per…
Prime Minister Benjamin Netanyahu warned that Israel could face banking sanctions and said he had ordered preparations for alternative financial mechanisms, including blockchain technology, in an interview with Channel 10, amid growing concerns about international economic pressure on Israel. “We need to understand that there could be banking sanctions. You need to prepare an alternative…
TradingKey – On October 23, international oil prices extended gains, with London Brent crude (UKOIL) futures rising to $115 per barrel in intraday trading, hitting a five-month high. The continuous deterioration of the security situation in the Middle East has led the market to reassess potential impacts on crude oil production, transportation, and exports, driving…
Israel’s Commissioner for Trade Levies at the Ministry of Economy and Industry says it will investigate four Canadian cannabis companies in its latest probe into accusations of “product dumping.” In an October 22 announcement, the Commissioner named four companies: GrowCo, Cielo Verde Quebec Inc., 2323414 Alberta Ltd., and Koots Canna Ltd., which it identifies as…
Baku (AsiaNews) – From the Persian Gulf to the Caspian Sea, a new battle for trade routes is looming: the Iraqi Prime Minister’s proposal to unify the energy, transport and communications networks of the region’s states has implications that extend far beyond the Middle East. Baghdad would like to turn its advantageous geographical position into…
TEL AVIV — Seven oil tankers caught fire or were damaged in the Strait of Hormuz overnight after being hit by Iran or striking naval mines, Tehran said Thursday, a markedly high number as tensions rise over concerns about a return to all-out war. With days before a close election in Israel in which Prime…
The IMF forecasts a 1.3% economic contraction in the Middle East, North Africa and Pakistan in 2026, reversing growth of 3.3% in 2025. The fund expects a 6.6% rebound in 2027, provided the conflict eases and energy production and trade gradually return to normal. The International Monetary Fund (IMF) has warned that…
Leaders discuss investment, security, green transition during Vietnamese leader To Lam’s Brussels visit By Necva Tastan Sevinc ISTANBUL (AA) – The European Union and Vietnam agreed Thursday to deepen cooperation on trade, investment and critical raw materials during Vietnamese leader To Lam’s visit to Brussels. Lam, Vietnam’s president, met European Commission President Ursula von der…
The International Monetary Fund anticipates a significant decline in activity in a region affected by disruptions in energy, maritime transport, tourism, and trade. The gross domestic product of the Middle East, North Africa, and Pakistan is projected to decline by 1.3% in 2026, according to the International Monetary Fund in its report published on Thursday,…
