US deploys marines to Middle East
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President warns he would attack oil infrastructure if Tehran impeded more shipments through the Strait of Hormuz
Demand for private charter flights out of the Middle East has surged since the beginning of the US-Israeli conflict with Iran, with those who can afford it paying astronomical prices to leave the region.
The French energy company said production has stopped or is in the process of shutting down in Qatar, Iraq and the United Arab Emirates offshore, representing about 15% of the company’s total output.
Cheap Iranian drone attacks are pushing the Pentagon to expand layered air defenses in the Middle East, including interceptor drones and emerging laser systems.
Large explosions were heard across the Iranian capital as the US and Israel threatened to intensify airstrikes
The International Energy Agency slashed its oil supply growth forecast a day after a historic emergency stock release, as the Middle East war chokes crude oil flows.
400mn barrels of crude made available as governments race to tackle rising prices
Iran has threatened to set oil and gas infrastructure in the Middle East “on fire” if its energy sites are attacked.
The war in the Middle East has reduced Kenyan meat exports to the region to below 5% of the expected level during the peak Ramadan season as a sharp increase in air freight costs grounds shipments,