Tag: Gulf Region Tensions

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Crude Oil Prices Jump Nearly 3% Amid Rising Middle East Tensions

Global crude oil prices surged sharply after renewed military tensions and bombardments in the Middle East sparked fears of potential supply disruptions in international energy markets. Benchmark crude rose by nearly 3 percent in the latest trading session, reaching around $97.24 per barrel

Dubai Airport Strike: Drone Hits Fuel Tank Amid Escalating Region-Wide Conflict

A drone strike on the vicinity of Dubai International Airport (DXB) early Monday, March 16, 2026, sparked a major fire and forced the temporary...