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Tag "Middle East tension"

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EU rejects Trump Middle East peace plan, annexation of parts of West Bank

The European Union rejected parts of US President Donald Trump’s peace plan for the Middle East yesterday, prompting an angry response from Israel which has strongly backed the US proposal. The plan, announced by Trump last week with Israeli Prime

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Oil prices fall further as threat of Middle East war recedes

Oil prices dropped today extending days of losses as the threat of war in the Middle East receded and investors switched attention to economic growth prospects and the rise in US crude oil and product inventories. Brent crude LCOc1 fell

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EU urges ceasefire in the Middle East and resumption of dialogue

The European Commission called today for an immediate end to the use of weapons in the Middle East conflict between Iran and the United States, urging efforts to restart dialogue. European Commission President Ursula von der Leyen told a news

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Oil prices dip due to trade tensions

TOKYO: Crude oil prices fell on Tuesday amid worries over the outlook for demand after the latest signs that international trade disputes have been dragging on the global economy, although tensions in the Middle East offered some support to prices.

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Trump threatens to attack Iran, Tehran calls him ‘mentally retarded’

WASHINGTON/DUBAI: US President Donald Trump threatened to obliterate parts of Iran yesterday if it attacked ‘anything American,’ in a new war of words with Iran which condemned fresh US sanctions on Tehran as ‘mentally retarded.’ But Trump later left the

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