Oil prices extend upward march on Mideast tensions

Oil prices extend upward march on Mideast tensions

World oil prices rallied more than 2% on Monday (October 7, 2024) as tensions escalated in the crude-rich Middle East one year after the deadly Hamas attacks on Israel. European stock markets mostly rose after more big gains in Asia as China’s stimulus boost, a strengthening U.S. economy and the outlook for interest rates in … Read more

‘Syria strives to stay out of Gaza war despite Iran ties’

‘Syria strives to stay out of Gaza war despite Iran ties’

Syria’s President Bashar al-Assad, right, with Iran’s FM Hossein Amir-Abdollahian. | Photo Credit: AFP Syria has avoided getting embroiled in the Gaza war, experts said, despite a strike on Iran’s Damascus consulate, blamed on Israel, that threatened to ignite a regional conflagration. The government of Syrian President Bashar al-Assad is seeking to strike a delicate … Read more

U.S. strikes Iran-linked sites in Syria in retaliation for attacks on its troops

U.S. strikes Iran-linked sites in Syria in retaliation for attacks on its troops

Pentagon spokesman Air Force Brig. Gen. Patrick Ryder speaks at the Pentagon on Thursday, Oct. 26, 2023 in Washington. The U.S. military launched airstrikes early Friday on two locations in eastern Syria linked to Iran’s Revolutionary Guard Corps, the Pentagon said. | Photo Credit: AP The U.S. military launched airstrikes early Friday, October 27, 2023 … Read more