EghtesadOnline: With the coronavirus choking fuel demand and the world awash in surplus crude, even the Middle East’s main oil-trading hub has run out of room to store unwanted barrels.
EghtesadOnline: Malaysian Prime Minister Mahathir Mohamad said the proposed Israel-Palestine peace deal that was announced by US President Donald Trump is “utterly unacceptable” and “grossly unjust.”
EghtesadOnline: Taking measures against US President Donald Trump’s outrageous Middle East ploy could help foster solidarity among Palestinian movements, Iran’s ambassador to Kuwait said.
EghtesadOnline: Disputes between Arab and non-Arab Muslim countries have emboldened the US and Israel to propose a lopsided Middle East peace plan, an expert on international relations said.
EghtesadOnline: Qatar Airways will continue to fly to Iran and has not lost any bookings despite a recent spike in Middle East tensions, Chief Executive Akbar al-Baker said on Wednesday.
EghtesadOnline: Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said it is essential that regional states forge closer ties to ease the tense situation in the Middle East.
EghtesadOnline: German Chancellor Angela Merkel and Russian President Vladimir Putin agreed on Saturday to make every effort to save the Iran nuclear deal after meeting in Moscow amid escalating tensions in the Middle East.
EghtesadOnline: The US House of Representatives voted on Thursday to stop US President Donald Trump from further military action against Iran, as the Middle East remained tense after the US assassination of a top Iranian commander and Iran’s retaliatory missile strikes.
EghtesadOnline: Oil prices rose a further 2% on Monday, pushing Brent above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in the Middle East after a US air strike which martyred a top Iranian military commander in Iraq.
EghtesadOnline: Japan’s Prime Minister Shinzo Abe, who had tried to carve out a role mediating between Washington and Tehran, said on Monday he was “deeply worried” by tensions in the Middle East.