7 result(s) for “Middle East”
The federal government raised petrol by Rs2.10 and high speed diesel by Rs0.30 per litre for the October 3 to October 5 pricing window, underscoring the shift to a daily fuel pricing mechanism and heightening concerns about spillover effects on transport costs, inflation and industry operating margins.
The Istanbul Foundation for Science and Culture opened the 13th International Bediuzzaman Symposium today at the Ataturk Cultural Center in Istanbul, convening scholars from around the world to discuss Qur’anic responses to contemporary global crises.
A New York Times report, corroborated by Reuters, says discussions led by Trump administration envoys have widened beyond ceasefire terms to include a proposed sale of Lukoil international assets, raising conflict of interest and geopolitical concerns in Washington and allied capitals.
An attempt to force a Flydubai plane bound for Tel Aviv into a fatal crash was stopped when crew and passengers overpowered the co-pilot after he stabbed the captain, Israeli officials say. The episode has triggered a multiagency investigation, diplomatic scrutiny and intensified domestic security debate ahead of Israel’s October election.
President Donald Trump has raised the possibility of renewed U.S. military action against Iran following the November midterm elections, as tensions between Washington and Tehran remain high and diplomatic efforts struggle to produce a breakthrough.
The Federal Reserve on Sept. 16 raised its benchmark federal funds rate by 25 basis points — the first increase since 2023 — signaling the possibility of another hike later this year as oil-driven inflation and resilient domestic demand complicate policymakers’ path back to 2% price stability.
Global markets are confronting a difficult combination of oil above $100 a barrel, rising government bond yields and tighter monetary policy, raising fresh concerns that economies could face persistent inflation alongside weaker growth.