Middle East

Oil prices tumble as Iran fears ease, yen weakens after Japan polls

Oil prices fell as much as five percent in early trade before paring some of their losses

Oil prices drop on easing fears over Middle East, most markets rise

Both main oil contracts dropped around three percent in early exchanges, after the Washington Post reported that Netanyahu had pledged to target Iran's military rather than its crude and nuclear sector

Oil prices rise on US storm, fears of Israel-Iran conflict

US President Joe Biden spoke with Israeli Prime Minister Benjamin Netanyahu about Israel's plans concerning Iran in a 30-minute call on Wednesday that the White House described as "direct and very productive"

Oil prices steady after sliding on potential Israel-Hezbollah ceasefire

Brent crude futures rose 22 cents, or 0.3 percent, to $77.4 a barrel by 0349 GMT

Oil prices dip after strongest weekly rise in over a year

Brent crude futures fell 31 cents, or 0.4 percent, to $77.74 per barrel by 0435 GMT. US West Texas Intermediate crude futures slipped 20 cents, or 0.27 percent, to $74.18 per barrel

Why oil price yet to ignite on Middle East escalation?

Benchmark oil contract, Brent North Sea crude, has rallied about five dollars this week after Iran's missile attack on Israel -- but remaining around $75 per barrel

Stock markets slump, oil jumps on Middle East concerns

US and European stocks turned sharply lower after the strikes, which Iran launched in response to the killings of Tehran-backed militant leaders

Oil extends rally after Iran attack, Hong Kong resumes surge

Both main crude contracts jumped more than five percent at one point Tuesday after Iran fired dozens of missiles at Israel in response to the killings of Tehran-backed militant leaders

Oil prices rise on Middle East conflict fears as Israel steps up attacks

Brent crude futures for November delivery increased 51 cents, or 0.71 percent, to $72.49 a barrel as of 0330 GMT.

July 6, 2024
July 6, 2024

West Bengal stars wish ‘Toofan’ the best amid its release in Kolkata

Since its release in Bangladesh, the Shakib Khan starrer film “Toofan” is now creating quite a stir in West Bengal. The excitement was palpable at Thursday night's press conference, where it became evident that the people of West Bengal are keenly interested in the blockbuster. 

July 1, 2024
July 1, 2024

Exploring wonders of the Middle East: 7 places you can’t miss

In favour of more mainstream vacation destinations, many people disregard the oases of culture that await visitors in the Middle East. Home to stunning destinations and hidden gems, various countries in the region are quickly becoming popular vacation spots as they are treasure troves of historical grandeur, natural beauty, and rich cultural heritage.

May 4, 2024
May 4, 2024

‘Rajkumar’ draws audience in Australia, released in the Middle East

The release of “Rajkumar” in Bangladesh has been creating quite a stir, with critics suggesting it ranks amongst Shakib Khan starrer top five films. The film is currently running in theatres across America, alongside Italy, and Australia.

February 13, 2024
February 13, 2024

The colour of war?

Today’s Red Sea skirmishes raise multifaceted concerns, which range from the war in Gaza widening and awakening old wounds, to geopolitical frontlines being rewritten by shifting chokepoints.

January 22, 2024
January 22, 2024

‘The US and West must stop their misadventures in the Middle East’

Arab Parliament President Adel Al Asoomi in an exclusive interview with The Daily Star.

January 14, 2024
January 14, 2024

Attacks on Yemen could open Middle East’s pandora’s box

The US and UK strikes in Yemen have only aggravated the possibility of large-scale conflict in the already volatile Middle East.

December 26, 2023
December 26, 2023

Oil little changed as investors eye Middle East tensions, US rate cut

Oil prices were little changed on Tuesday as investors focused on Middle East tensions and US rate cut

October 25, 2023
October 25, 2023

Oil dips as economic concerns offset Middle East supply worries

Oil fell for a fourth day on Wednesday as concerns about slowing European demand offset worries about Middle East supply disruptions stemming from the Israel-Hamas conflict in Gaza.

October 25, 2023
October 25, 2023

IMF concerned for loss of lives, economic slowdown from Mideast conflict, chief says

 The Internatinal Monetary Fund (IMF) is concerned about the tragic loss of lives in the epicenter of the Israel-Gaza war and the destruction and reduction of economic activity, managing director Kristalina Georgieva said at an investment conference on Wednesday.

October 23, 2023
October 23, 2023

Asia shares slip on Middle East woes, higher yields

Asian shares hit one-year lows Monday as the risk of a wider conflict in the Middle East clouded sentiment in a week laden with data on U.S. growth and inflation as well as earnings from some of the world's largest tech companies.