Conflicts in the East

Oil price jumps once again

Brent briefly jumped back above $100 a barrel after the Iran war led to more shipping turmoil in the Middle East and China tightened fuel export curbs.

Ноутбук с графиками

US to release 40 percent of oil from strategic petroleum reserve

The U.S. will ​release 172 million barrels of oil from its strategic ‌petroleum reserve in a bid to reduce oil prices that have soared due to supply shocks from the U.S.-Israeli war on ​Iran, U.S. Energy Secretary Chris Wright said.

Russian tourist flow to Gulf countries may drop by half-- ATOR

The Russian tourist traffic to Persian Gulf countries may drop by 40-50% in case of a lingering conflict in the Middle East with a low-level fighting phase and geopolitical instability in spring and further on, the Association of Tour Operators of Russia (ATOR) said.

Turkey may lose 38bln due to Iran conflict

Turkey will lose tens of billions of dollars in export revenues and tourism dollars from the Middle East if the Iran war lasts for three months, The Ekonomim business newspaper writes.

White House urging Trump to end war with Iran

U.S. President Donald Trump said he was eyeing a quick end to the war in Iran, as some of his advisers privately urged him to look for an exit plan amid spiking oil prices and concerns that a lengthy conflict could spark political backlash.

Дональд Трамп
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