Middle East Tensions Push Jet Fuel Prices Up, Airlines Adjust Flight Fares
JEDDAH: Military actions by the US and Israel against Iran have shaken up energy markets around the world, causing jet fuel prices to rise...
Flynas Financial Performance Improves with 28% Profit Growth
RIYADH: Saudi low-cost airline flynas saw a 28% rise in adjusted annual profits for 2025. This was due to an increase in passengers and...
IEA Plans Biggest Oil Market Intervention as G7 Countries Release Reserves
RIYADH: The International Energy Agency has suggested releasing 400 million barrels of oil from reserve inventories. This would be the...
Gold, Silver ETFs Gain Momentum as Dollar Slips During West Asia Conflict
On March 10, 2026, people started buying gold and silver exchange-traded funds (ETFs) again. This was because global bullion prices went up...
Five Iran-Backed Fighters Killed in Iraq in Strikes Blamed on the US
Five Iranian-backed fighters in Iraq were killed on Tuesday in attacks that their groups blamed on the United States. The Kataeb Imam Ali...
Israeli Military Confirms Missile Launch from Iran Toward Israel
Israel’s military stated on Wednesday that it had seen missiles coming from Iran and activated air defenses. This was part of a...
What We Know About the Alleged Strike on an Iran School
PARIS, France: The circumstances surrounding a purported attack on an Iranian school at the outset of the Middle East conflict have been...
IMF Chief Georgieva Warns Middle East Tensions May Drive Global Inflation Up
The Managing Director of the International Monetary Fund, Kristalina Georgieva, issued a warning on Monday over the potential for inflation...
Oil Markets ‘in Panic Mode’: Key Reasons Analysts Fear Greater Disruption Ahead
RIYADH: As the crisis between Iran and the US-Israel alliance persisted, oil prices rose above $100 per barrel on March 9 for the first...
Saudi GDP Growth Reaches 4.5% in 2025: Key Insights from GASTAT Report
RIYADH: Saudi Arabia’s economy grew by 4.5 percent in 2025 thanks to improvements in government, non-oil, and oil-related sectors....
