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Tag Archives: Middle East

Trump says Turkey “will have a lot in store” if sanctions fail to secure ceasefire

16 October 2019, 12:30 PM

US President Donald Trump continued to defend his reversal of US policy as part of a plan to extricate the United States from “endless” wars in the Middle East.

US Secretary of State Mike Pompeo speaks during the United Against Nuclear Iran Summit on the sidelines of the United Nations General Assembly in New York City.

US slaps new sanctions on Chinese entities over Iran oil

26 September 2019, 10:15 AM

The United States is imposing new sanctions on certain Chinese entities and people who it accuses of knowingly transferring oil from Iran in violation of Washington’s curbs on Tehran, US Secretary of State Mike Pompeo said on Wednesday.

Smoke is seen following a fire at Aramco facility in the eastern city of Abqaiq, Saudi Arabia.

Costly Saudi defenses prove no match for drones, cruise missiles

18 September 2019, 6:04 AM

Billions of dollars spent by Saudi Arabia on cutting edge Western military hardware mainly designed to deter high altitude attacks has proved no match for low-cost drones and cruise missiles used in a strike that crippled its giant oil industry.

Men are reflected on an electronic board showing the Nikkei stock index outside a brokerage in Tokyo.

Oil trims gains, but Middle East risks keep stocks on back foot

17 September 2019, 8:03 AM

Brent crude, the international benchmark, fell 0.96% to $68.39 per barrel on Tuesday. On Monday, it surged 14.6% for its biggest one-day percentage gain since at least 1988.

A satellite image shows an apparent drone strike on an Aramco oil facility in Abqaiq, Saudi Arabia.

Iran dismisses US claim it was behind Saudi oil strikes

16 September 2019, 6:45 AM

Iran rejected accusations by the United States that it was behind attacks on Saudi oil plants that risk disrupting world energy supplies.

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