Saudi real GDP contracts 4.8 pct in Q2 as oil activity plunges
Saudi Arabia’s real gross domestic product (GDP) shrank 4.8 percent year on year in the second quarter of…
Iran psychiatric hospital crippled by airstrike, faces months-long closure
A psychiatric hospital in southeastern Tehran was crippled on March 29 after shockwaves from a U.S.-Israeli strike leveled…
Countries see record fuel prices amid Strait of Hormuz disruptions
The price of diesel fuel is surging worldwide after the Strait of Hormuz was blocked, disrupting global shipping…
Spillover effects of Middle East conflict now knocking at door of US: Chinese experts
More than a month after the United States and Israel launched large-scale military strikes against Iran, the conflict’s…
Middle East conflict squeezes Ethiopia’s fuel supply as over 180,000 tonnes of fuel fail to arrive
With its fuel imports severely disrupted by the ongoing conflict in the Middle East, Ethiopia is facing a…
US tourism slumps as policies tighten, image worsens
The United States is experiencing a sharp and sustained slump in international tourism, as political rhetoric, tougher immigration…
Sudan conflict takes heavy toll on industries, environment, public health
More than two and a half years of conflict between the Sudanese army and the paramilitary Rapid Support…
U.S. consumer sentiment falls in September on inflation, unemployment worries
The U.S. Consumer Sentiment Index released Friday by the University of Michigan Surveys of Consumers fell to 55.1…