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War in the Middle East: latest developments

War in the Middle East: latest developments

Here are the latest events in the Middle East war: - US embassy in Baghdad attacked - A drone struck the US embassy in Baghdad on Saturday, an Iraqi security official said, as an AFP journalist saw smoke rising from the complex. A second security source confirmed an attack targeted the diplomatic

Kharg Island bombed, Trump says US to escort ships through Hormuz soon

Kharg Island bombed, Trump says US to escort ships through Hormuz soon

President Donald Trump said Friday that the United States had heavily bombed military targets on Iran's oil hub Kharg Island and the US Navy would soon begin escorting tankers through the Strait of Hormuz. Several top Iranian officials joined a defiant pro-government rally in Tehran, meanwhile, marching

Oil stays above $100, stocks slide tracking Mideast war

Oil stays above $100, stocks slide tracking Mideast war

Oil prices stayed over $100 per barrel Friday while stock markets slid, with no end in sight to disruption in crude supplies as war rages on in the Middle East. With the conflict heading toward its third week, equity markets continued falling amid investor worries of an extended crisis that

Why is the dollar profiting from Middle East war?

Why is the dollar profiting from Middle East war?

The surge in energy prices triggered by the conflict in the Middle East has significantly strengthened the dollar, paradoxically undermining US President Donald Trump's economic objectives. AFP looks at the reasons behind the greenback's rise against rivals. - King of oil - At the start of the conflict

Macron pledges no 'respite' for Russia despite Mideast war

Macron pledges no 'respite' for Russia despite Mideast war

French President Emmanuel Macron Friday vowed to keep up pressure on Russia to end its four-year invasion of Ukraine after Washington partially rolled back sanctions against Moscow to cool oil prices sent soaring by the Middle East war. Kyiv's allies worry that the United States temporarily allowing

Moscow pushes US to ease more oil sanctions

Moscow pushes US to ease more oil sanctions

Moscow on Friday urged the United States to lift more sanctions on its oil exports to stabilise the global energy markets, upended by the war in the Middle East. The United States has eased some sanctions imposed over Russia's full-scale offensive on Ukraine, prompting backlash from Western

Moscow piles pressure on US over oil sanctions

Moscow piles pressure on US over oil sanctions

Moscow said on Friday that the global energy market "cannot remain stable" without its oil, piling pressure on Washington to lift more sanctions as the Middle East war strangles supplies. The United States has eased some oil sanctions on Russia imposed over its invasion of Ukraine, prompting backlash