White House

Iran denies successful cyber attacks on oil sector

Trump: It looks like Iran hit Saudis, no military option yet

6:24 am September 17, 2019

Washington: President Donald Trump declared Monday it “looks” like Iran was behind the explosive attack on Saudi Arabian oil facilities. But he stressed that military retaliation was not yet on the table in response to the strike against a key US Mideast ally. Oil prices soared worldwide amid the damage in Saudi Arabia and fresh […]

Iran diplomat warns of ‘all-out war’ if hit for Saudi attack

Energy prices spike after Saudi oil attack as US blames Iran

9:16 pm September 16, 2019

DUBAI, United Arab Emirates: Global energy prices spiked Monday by a percentage unseen since the 1991 Gulf War after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record, further fueling heightened tensions between Iran and the U.S. American officials released satellite images of the damage […]

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 […]

Irrespective of the winner of presidential polls, India-US relationship to remain strong

Trump to join Modi in Houston to address 50K Indian-Americans, says White House

2:14 pm September 16, 2019

Washington: US President Donald Trump will join Prime Minister Narendra Modi at Houston’s mega “Howdy, Modi!” event on September 22, the White House said on Sunday. Reflecting on the new bonhomie in the India-US ties under the Trump administration, this is for the first time in recent history that the leaders of the two largest […]