Investors sold oil positions on worries that aggressive interest rate hikes to stem inflation will sharply slow economic activity and hit oil demand.
It is part of a strategic transportation route that extends from Azerbaijan’s Baku to Türkiye’s Kars province, passing through Armenia.
The EU quickly threatened legal action in response to the new legislation, while Dublin called it "a particular low point in the UK's approach to Brexit".
Russia’s attack on Ukraine could lead to a major food crisis by disrupting current supply chains and further advancing Moscow and China’s influence in global markets.
The blockade of the route known as the Northern Artery by the protesters began last month after Sudan sharply raised electricity prices for farmers.
The Israeli president’s recent trip to the UAE served to send a message not only to the Emiratis, but also the wider Arab-Islamic world.
Ankara offers a new opportunity to diversify and establish more humane, balanced, reasonable, and far from risky engagements to African countries
The efforts of world economies to recover from the pandemic created a demand boom that global producers and transportation systems cannot meet.
Tawfiq Oz, head of the Turkish-UAE Business Council, met with UAE Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi on the sidelines of the Expo 2020 in Dubai.
Relations between Beijing and New Delhi remain strained after the latest round of talks to resolve their border dispute, and unlikely to be mended anytime soon given geopolitical realities in the region.
Data shows trading volumes between the UAE and Israel jumped from $51 million in the first seven months of 2020 to $614 million over the same period in 2021.
Israeli Foreign Minister Yair Lapid and his counterpart Ayman Safadi have approved Israel's sale of 50 million cubic metres of water to its neighbour.
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