French president Emmanuel Macron

US stocks open sharply lower amid pressure on oil market

Oil prices rocket on slashed Saudi output

8:37 pm September 16, 2019

London: Brent crude surged by 20 per cent Monday — the biggest gain since the 1991 Gulf War — after weekend drone attacks on two Saudi oil facilities halved output in the world’s top crude exporter, fuelling fresh geopolitical and growth fears. WTI oil meanwhile soared 15 percent, also after President Donald Trump warned that […]

Pentagon sending reinforcements to Gulf following attacks in Saudi

Saudi oil attack sends Wall Street into the red

8:33 pm September 16, 2019

New York: Wall Street sank into the red on Monday, after weekend drone attacks knocked out much of Saudi Arabia’s oil production and sent crude prices shooting higher. The lower open threatened to break an eight-day winning streak for the benchmark Dow Jones Industrial Average, with the major US stock indices just below fresh record […]

Europeans see last chance for Iran-US meeting

Trump may meet Iran leader despite Saudi attacks: White House

10:12 pm September 15, 2019

Washington : The White House said on Sunday President Donald Trump may still meet his Iranian counterpart Hassan Rouhani, despite the US accusing Iran of masterminding drone attacks on Saudi Arabian oil facilities. White House counsellor Kellyanne Conway did not rule out the possibility in a television interview broadcast as Saudi Arabia raced to restart […]

Iran agrees de-escalation 'only solution' to solve crisis with US

Iran again rebuffs US talk of Trump-Rouhani meeting

5:01 pm September 11, 2019

Tehran : Iran on Wednesday rejected the possibility of a meeting between President Hassan Rouhani and US counterpart Donald Trump, after the White House signalled it was open to such an encounter. Two of Trump’s top lieutenants on Tuesday indicated he was ready to meet the Iranian president without preconditions, after the US leader sacked […]

Israeli army says multiple targets hit by fire from Lebanon

11:20 pm September 1, 2019

Jerusalem: The Israeli military on Sunday said that Lebanese militants fired a barrage of anti-tank missiles at an Israeli army base, scoring a number of direct hits on Israeli targets. Israel responded with heavy artillery fire toward targets in southern Lebanon. The sudden burst of violence raised the prospect of a wider round of fighting […]