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Wednesday, June 3, 2026

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Oil spikes, stocks retreat as Hormuz closure rattles markets

London — Oil prices surged while global equity futures slipped and the U.S. dollar strengthened on Monday after renewed tensions

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NewsDesk MC April 20, 2026April 20, 2026 bahrain, central bank, credit outlook, economic policy, economic resilience, financial stability, fiscal policy, gcc, Gulf economy, Iran conflict, job protection, labor market, liquidity, middle east, Moody’s, oil exports, SMEs, Strait of Hormuz, tourism sector, unemployment fund, wage support

Bahrain deploys wage support to shield jobs amid Iran war shock

London— Bahrain is using its unemployment insurance system to pay private-sector wages for April as the economic fallout from the

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NewsDesk MC April 18, 2026April 18, 2026 Antalya meeting, Asim Munir, Badr Abdelatty, ceasefire negotiations, Conflict Resolution, donald trump, energy security, faisal bin farhan, geopolitical tensions, global oil markets, Hakan Fidan, Hezbollah ceasefire, Iran conflict, Ishaq Dar, jd vance, Middle East peace talks, regional diplomacy, saudi arabia, Shehbaz Sharif, Strait of Hormuz, US Iran negotiations

Saudi, Regional Ministers Convene as Momentum Builds for Middle East Peace Deal

Riyadh— Faisal bin Farhan joined a four-way ministerial meeting in Antalya with counterparts from Egypt, Pakistan and Türkiye to discuss

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NewsDesk MC April 16, 2026April 16, 2026 bernie sanders, chris coons, Chuck Schumer, congressional vote, defense policy, democratic party divide, Gaza war, Iran conflict, israel arms sales, jewish voice for peace, jim risch, kirsten gillibrand, mark kelly, Middle East tensions, military aid, netanyahu government, protests washington, senate foreign relations, US foreign policy, US Israel relations, US Senate

U.S. Senate rebuffs bid to block Israel arms sales amid Democratic split

Washington— The U.S. Senate on Wednesday rejected two resolutions seeking to halt arms sales to Israel, though more than three

IEA Warns April Could Test Energy Markets as Iran Conflict Disrupts Supply Flows

Washington — The head of the International Energy Agency warned on Monday that April is likely to be more challenging

Middle East and North Africa News Top Stories World

NewsDesk MC April 14, 2026April 14, 2026 ceasefire talks, Conflict Resolution, Diplomacy, energy routes, enriched uranium, geopolitical tensions, global security, Iran conflict, Islamabad negotiations, jd vance, Middle East war, nuclear negotiations, nuclear verification, Strait of Hormuz, US foreign policy, US Iran talks, US red lines, Washington Tehran relations

Vance Says Iran Must Act as U.S. Holds Firm on Nuclear Red Lines

Washington— U.S. Vice President JD Vance said Washington has laid out its conditions for ending the conflict with Iran and

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NewsDesk MC April 12, 2026April 12, 2026 AP news, defense strategy, donald trump, economic pressure, energy markets, geopolitical tensions, global oil supply, global trade, International waters, Iran conflict, Iran nuclear issue, maritime security, Middle East war, military escalation, naval operations, oil prices, Pakistan talks, shipping routes, Strait of Hormuz, US foreign policy, US Navy blockade

Trump Orders U.S. Navy to Begin Hormuz Blockade After Talks Collapse

Washington — Donald Trump said on Sunday that the U.S. Navy would “immediately” begin a blockade of the Strait of

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NewsDesk MC April 11, 2026April 11, 2026 Conflict Resolution, diplomatic efforts, economic impact, geopolitical tensions, global energy crisis, global markets, high stakes talks, inflation impact, international negotiations, Iran conflict, islamabad, Islamabad security, Middle East war, oil disruption, Pakistan diplomacy, peace negotiations, regional stability, South Asia diplomacy, Tehran relations, US delegation, US foreign policy, US Iran talks, war aftermath

US Delegation Arrives in Islamabad for High-Stakes Iran Peace Talks

Islamabad — A U.S. government aircraft carrying senior officials landed in Islamabad on Saturday ahead of planned peace talks with

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NewsDesk MC April 11, 2026April 11, 2026 ceasefire dispute, cross-border conflict, Diplomacy, donald trump, hezbollah, Hezbollah rockets, Iran conflict, israel, Israeli airstrikes, Israeli policy, Lebanon casualties, Lebanon government, Lebanon talks, Middle East conflict, military escalation, peace talks, regional tensions, security crisis, US diplomacy, US foreign policy, war impact, Washington negotiations, Yechiel Leiter

Israel Rules Out Ceasefire in Upcoming Lebanon Talks, Envoy Says

Washington— Israel will not discuss a ceasefire with Hezbollah during upcoming talks with Lebanon’s government in Washington, Israeli Ambassador Yechiel

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NewsDesk MC April 11, 2026April 11, 2026 ceasefire, donald trump, economic impact India, energy markets, geopolitical tensions, global oil supply, global trade, Gulf region, international cooperation, Iran conflict, Israel Iran war, Keir Starmer, Liquefied Natural Gas, maritime security, Mark Rutte, military operations, nato, naval strategy, oil prices, sanctions, shipping disruption, Strait of Hormuz, united kingdom, US allies, US foreign policy

Trump Says Strait of Hormuz to Reopen Soon as Global Energy Disruption Persists

Washington— U.S. President Donald Trump said on Friday that the United States expects to reopen the Strait of Hormuz “fairly