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Middle East

Pressure grows on Israel to prolong cease-fire in war with Hamas

Israel is coming under increasing pressure to agree to an extension of a four-day pause in its war with Hamas, according to Bloomberg.  US President...

Hamas frees 24 hostages from Gaza on first day of truce

Hamas fighters released 24 hostages on Friday during the first day of the war's first truce, including Israeli women and children and Thai farm...

Oil rises on expectations of further OPEC+ supply cuts

Oil futures rose more than $1 on Monday, extending gains on the prospect of OPEC+ deepening supply cuts to shore up prices after four...

UN Security Council adopts resolution for ‘humanitarian pauses’ in Gaza

The UN Security Council approved a resolution Wednesday calling for “urgent and extended humanitarian pauses and corridors throughout the Gaza Strip,” marking the first...

European gas fluctuates on uncertainty over demand and war risks

European natural gas futures swung between small gains and losses early Thursday amid lingering concerns about the Middle East conflict and relatively muted demand...

Von der Leyen doubles down on pro-Israel stance, lashes out at Iran

European Commission President Ursula von der Leyen on Sunday reiterated her strongly pro-Israeli stance despite growing criticism from within her own staff, while also...

Oil spikes as hospital blast amplifies Middle East tensions

Oil prices surged nearly 2% on Wednesday as tension escalated in the Middle East after hundreds were killed in a blast at a Gaza...

Middle East conflict adds new risks to global economic outlook

The outbreak of military conflict in the Middle East may leave central bankers battling new inflationary trends as well as deal a blow to...

Putin says Russia to welcome volunteers from Middle East to fight Ukraine

Russian President Vladimir Putin gave the green light on Friday to bring in thousands of fighters from the Middle East to fight against Ukraine,...

More Syrians and Afghans entering EU via Western Balkans

EU border agency Frontex said on Thursday the number of migrants illegally entering the European Union by crossing the Western Balkans has almost doubled...