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Stories published on May 3
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  • Stories published on May 3

Friday, May 3

23

Blow to motorists as cost of fuel rises AGAIN due to tensions in Middle East

www.thesun.co.uk

DRIVERS have been hit by hikes at the pumps, with the cost of filling up now £5.50 more expensive than in January.

Blow to motorists as cost of fuel rises AGAIN due to tensions in Middle East

DRIVERS have been hit by hikes at the pumps, with the cost of filling up now £5.50 more expensive than in January.

22

Oil prices log worst week since February as concerns over Middle East supply risks fade

www.marketwatch.com

Oil futures finished lower Friday — with easing concerns over potential supply disruptions in the Middle East, strong U.S. production and signs of slowing demand prompting prices to register their largest weekly percentage loss since early…

20

The longshot plan to end the war in Gaza and bring peace to the Middle East

www.vox.com

President Joe Biden and Saudi Crown Prince Mohammed bin Salman arrive for a photo during a summit in Jeddah, Saudi Arabia, on July 16, 2022. | Mandel Ngan/AFP via Getty Images

18

Schumer joins Johnson in inviting Netanyahu to Congress after calling Israel PM ‘obstacle’ to Middle East peace

nypost.com

Senate Majority Leader Chuck Schumer has agreed to join House Speaker Mike Johnson on an invitation for Israeli Prime Minister Benjamin Netanyahu to address a joint meeting of Congress — weeks after the Brooklyn Democrat urged a new…

17

Middle East tensions to impact tanker market

www.vanguardngr.com

THE tanker market is bound to be further impacted by the escalation of the Middle East tensions. In its latest weekly report, shipbroker Xclusiv said that “news of an Israeli strike on Iranian territory, potentially escalating tensions in…

Saudi Arabia-US In Talks For Security Pact As Mohammed Bin Salman-Antony Blinken Discuss Middle East Crisis: Report

www.benzinga.com

A working draft of the pact sketches out principles and proposals to revive a U.S.-led initiative aimed at stabilizing the tumultuous region, which was disrupted by the Hamas attack on Israel and the ensuing war in Gaza.

Middle East crisis: Rafah operation could result in ‘slaughter’, UN official says – as it happened

www.theguardian.com

UN humanitarian office spokesman says hundreds of thousands of lives could be at risk and there would be a huge impact on aid operations

16

Cost of restaurant food, supplies in Texas expected to rise amid Middle East unrest

www.bizjournals.com

Issues in the Middle East are expected to impact restaurants right here in Texas.

15

Iran ramps up Middle East tensions as new proxy declares war on Israel with fresh attack

www.express.co.uk

A new Iran-backed militia based in Bahrain announced it had launched its first-ever attack on Israel 'in support of the Palestinian cause.'

Middle East Crisis: Trade and Diplomatic Moves Deepen Israel’s Isolation

www.nytimes.com

Turkey’s decision to suspend trade with Israel came after some countries downgraded or cut ties. But key allies including the U.S. remain supportive.

14

Expert: Middle East conflict makes NSR global priority logistics route

tass.com

The Middle East conflict affects directly the global logistics flows, Alexey Fadeev noted

13

An Unstoppable Growth in the Middle East: Focus on Accor’s Strategic Expansion in Saudi Arabia, the UAE and Qatar

Accor is proud to have participated to the Future Hospitality Summit, which returned to Saudi Arabia this year, bringing together the Kingdom’s leading industry experts. From 2022 to 2032, the growth rate in the GCC’s tourism sector is…

06

The OECD said the global economy could suffer a significant setback if an escalation of conflict in the Middle East were to push oil prices sharply higher.

www.wsj.com

The OECD said the global economy could suffer a significant setback if an escalation of conflict in the Middle East were to push oil prices sharply higher.

U.S. Shuffles Military Assets in Middle East After Gulf Pushback

www.wsj.com

Washington is shifting some warplanes to Qatar to allay concerns among Gulf powers about riling Iran and its proxies.

Thursday, May 2

22

Oil holds steady as traders weigh rise in U.S. supplies, Middle East cease-fire talks

www.marketwatch.com

Oil futures end on a mixed note Thursday, but remained on track to post notable losses for the week.

21

US and Saudis near defense pact meant to reshape Middle East

www.ocregister.com

The U.S. and Saudi Arabia are nearing a historic pact that would offer the kingdom security guarantees.

19

Middle East updates: Biden calls for 'order' amid protests

www.dw.com

The US president stressed "order must prevail," after police faced off with pro-Palestinian protesters at UCLA. Meanwhile, the UN says rebuilding homes in the Gaza Strip could take up to 80 years. DW has the latest.

18

Gaza war: success of Egypt’s peace deal would set blueprint for future of Middle East – expert Q&A

theconversation.com

It’s a precarious situation, but pressure from the US and Saudi Arabia, among others, is gradually pushing the two warring sides towards a deal. But a lot can still go wrong.