Hong Kong: Brent crude hit its highest price on Monday since June due to renewed fighting between the United States and Iran, while Asian equities were mixed as investors weighed the fallout of a prolonged Middle East war. Crude has surged over the past week as Washington and Tehran traded fire, raising fears of a […]
Companies in the Gulf, some of the most directly affected by the Iran war, will provide one of the clearest insights so far of its regional financial impact when they begin reporting their second-quarter earnings this week. In countries from Saudi Arabia and Oman to the United Arab Emirates and Qatar, company results are likely […]
PARIS: Global trade in fertilisers crucial to agriculture harvests worldwide have slumped 30 per cent since the start of the year, as the Mideast war sent prices soaring and led several countries to restrict exports, the UN’s Food and Agriculture Organization said on Thursday. Many farmers have delayed or forgone purchases as supplies tightened with […]
The clock is ticking on the Iran peace deal. A memorandum of understanding between Iran and the US is due to be signed in Geneva on June 19, allowing for a 60-day ceasefire extension and the opening of the strategically vital waterway, the Strait of Hormuz. But key questions remain unresolved that could yet scupper […]
The US and Iran stepped back from the brink of returning to all-out war on June 11. Hours after saying the US military would carry out strikes against Iran for a third consecutive night, Donald Trump postponed the attack. The Iranian military had said the US would “receive a more severe response than before” if […]
