The cost of crude oil hit its highest levels in months, as investors worried about diminishing oil supplies after reports that the Iranian-backed Houthi militia had captured a port city in Yemen.
Category: Middle East
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Oil Prices Surge as Fighting in Middle East Escalates
The New York Times – On the Runway: -
Why Yemen Is Back on the Brink of War
The New York Times – On the Runway:The Houthi militia, the Yemeni government, Iran and Saudi Arabia all have reasons to escalate the conflict.
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Oil Hits $100 a Barrel as Turmoil Intensifies in Middle East
The New York Times – Business:The cost of crude has risen 40 percent since the start of the war in Iran, pushing up the price of gasoline, diesel and other refined fuels.
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Why Your Next Long-Haul Layover May Be in Seoul, Not Dubai
The New York Times – Travel:The Iran war has slashed transit traffic at Middle Eastern airports, creating opportunities for hubs in Asia and beyond — at least for now.
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Kushner Meets Netanyahu in Israel in Effort to Break Logjam Over Gaza
The New York Times – On the Runway:Prime Minister Benjamin Netanyahu of Israel has refused to pull back the country’s military until Hamas fully disarms. But the Trump administration is under pressure to show progress.
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Iran’s Supreme Leader Signals Intention to Keep Country on a War Footing
The New York Times – On the Runway:Ayatollah Mojtaba Khamenei’s appointment of hard-line loyalists to top jobs suggests he is prepared to keep the country on a war footing and to quash domestic dissent.
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Trump Dismisses Reports About Dire Conditions Aboard U.S.S. Abraham Lincoln
The New York Times – On the Runway:Asked whether the deployment of the Abraham Lincoln had gone on too long, the president said its deployment had lasted “not nearly long enough.”
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The Fed Didn’t Raise Rates. The Bond Market Did.
The New York Times – Business:The market is saying risks are rising. That means hardship for home buyers and higher hurdles for A.I. data centers and the stock market. But it’s also a boon for retirees.
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New Round of Trump Threats and Pullbacks Raises Uncertainty in Mideast
The New York Times – On the Runway:Analysts and lawmakers are trying to divine whether Mr. Trump’s latest announcement means negotiations with Iran will truly get underway Monday or if the president is just working through unappealing options.
