The Latest Breaking News from the Middle East

When it comes to longer term economic impacts of the Red Sea crisis: The "most honest answer" experts can give is "I have no idea” at this point, Unlimited's Bob Elliott told Fortune.

'Look in the mirror and ask, 'Where was I when Gaza was going through genocide''.

All of the unfinished U.S. conflicts in the Middle East are coming together into one big crisis for Biden.

The world is entering the "Voldemort of years", according to political risk consultancy Eurasia Group. In its annual report released this week, "Top Risks for 2024," it says the US presidential election will pose the greatest political risk to the world in 2024, no matter who wins. The Eurasia Group…

Despite diverting supplies from the Suez Canal, tensions in the Red Sea have so far had a muted impact on energy prices.

France has blamed Iran-backed Houthis for an escalation in the Middle East after US and British strikes targeted them in Yemen on Friday. The French navy, meanwhile, has defended its use of expensive missiles to down Houthi drones used to attack shipping lanes in the Red Sea.

February WTI crude oil (CLG24 ) this morning is up +1.10 (+1.53%), and Feb RBOB gasoline (RBG24 ) is up +1.83 (+0.87%). Crude oil and gasoline prices this morning rallied to 2-week highs on an escalation of geopolitical risks in the Middle East after the U.S. and its allies launched...

Learn about the current situation in the Middle East with attacks from Hezbollah and the Islamic resistance in Iraq. Explore the viewpoints on potential ac...

Oil prices jumped over 2 percent after the US and UK carried out strikes on Houthi-controlled areas in Yemen, amid fears of an escalation of the conflict in the Middle East. Major shipping companies stopped travelling through the Suez Canal and Red Sea routes in early December after a spate…