Emirates airline is flying planes with exceptionally low passenger numbers on routes from Europe and the United States back to Dubai, a stark illustration of the impact of escalating tensions in the Middle East on air travel. Flights returning from cities like Prague and Budapest have been operating with occupancy rates as low as 5 … Read more
Abu Dhabi – The United Arab Emirates is prepared to weather the ongoing barrage of attacks emanating from Iran and remains resolute in opposing what its Minister of State, Lana Nusseibeh, describes as a destabilizing “nihilism” being exported across the region. Nusseibeh’s strong statements, delivered in a recent interview with Euronews, come as tensions in … Read more
Global oil prices climbed back above $100 a barrel Thursday, while stock markets across Asia and Europe experienced significant declines, as escalating tensions stemming from the U.S.-Israeli war with Iran continue to disrupt global energy supplies and rattle investor confidence. The market reaction came despite an unprecedented international effort to stabilize prices through the release … Read more
The conflict between Iran and Israel has entered its eleventh day, escalating dramatically with Iranian attacks targeting oil infrastructure and a pledge to disrupt shipping through the vital Strait of Hormuz. The resulting market volatility and heightened tensions come as the United States prepares what officials are calling its most intense round of strikes yet. … Read more