Tagged “middle-east-conflict”

EconomyOfficialReported

Bank of England Holds Rate at 3.75%, Warns of Possible Tightening Over Middle East Conflict

The central bank kept borrowing costs unchanged but signaled it could raise rates further if the Middle East conflict continues to push up energy prices and inflation risks.

Sep 17, 2026, 11:44 AM · 1 min read

BusinessReported

Saudi Arabia Shuts Down Key Oil Pipeline After Alleged Drone Attack From Iraq

Riyadh says drones launched from Iraq forced the temporary closure of the East-West pipeline, a route increasingly relied upon to bypass the blocked Strait of Hormuz.

Sep 12, 2026, 12:00 AM · 2 min read

WorldReported

Somali piracy returns to decade-high levels amid regional instability

Eight hijackings since April attributed to shipping disruptions from US-Israel conflict with Iran and Somalia's political turmoil.

Sep 8, 2026, 9:37 AM · 1 min read