War spirals in Middle East
Digest more
The yen and euro were lower on Tuesday as the widening Middle East conflict focused attention on countries dependent on energy imports.
Indonesia will increase crude oil imports from the United States to replace some supply from the Middle East amid an escalating war in the region, its energy minister said on Tuesday.
Middle East airspace closures have created a visible gap in global flight paths, forcing long-haul reroutes, increasing fuel costs and disruption, with potential knock-on effects for schedules and fares worldwide.
Wisconsin Army National Guard troops are stationed in the Middle East providing key operations to the U.S. strikes on Iran.
The dollar rose, lifted by higher energy prices and safe-haven bids after U.S. and Israeli strikes in Iran heightened concerns about a prolonged conflict.
Qatar's stock market fell on Tuesday, a day after it halted liquefied natural gas production, with the widening Middle East conflict and precautionary energy facility shutdowns across the region sparking inflation worries and dampening risk appetite.
Burj Khalifa, the world’s tallest tower, has long symbolised Dubai’s lofty ambitions to be a global powerhouse. But over the weekend, it became a metaphor for the damage that the Iran war could