East
The US Navy sacked the captain of a deployed warship after an unresolved steering problem resulted in a near-miss incident in the Middle East, according to a command investigation reviewed by Business Insider.The commander of the Theodore Roosevelt Carrier Strike Group relieved Cmdr. Cameron Yaste, the commanding officer of the…
The US Navy currently has no aircraft carriers deployed in the Pacific as ongoing conflicts in the Middle East demand the military’s attention.The carrier gap in US naval power in what the Pentagon has said is a priority region raises some potential concerns about whether the force posture matches stated…
By Iain Withers LONDON (Reuters) -Gold prices were just shy of a record peak and oil prices levelled off on Tuesday after a surge over the past week, as investors sought safety amid geopolitical risks and looked ahead to Nvidia (NASDAQ:) earnings and U.S. inflation data later this week. European…
By Joanna Plucinska and Lisa Barrington LONDON/SEOUL (Reuters) -Singapore Airlines, British Airways and Lufthansa have increased their flights over Afghanistan after years of largely avoiding it now the Middle East conflict has made it seem a relatively safe option. The carriers mostly stopped transiting Afghanistan, which lies on major routes…
By Arathy Somasekhar (Reuters) – Oil prices edged lower on Tuesday as Israel accepted a proposal to tackle disagreements blocking a ceasefire deal in Gaza, helping ease worries about a supply disruption in the Middle East. fell 12 cents, $2.02, or 0.15%, to $77.54. Front month U.S. West Texas Intermediate…
Two separate attacks on US forces based in Iraq and Syria last week injured over a dozen American service members at a particularly tense moment in the Middle East.The attacks — which the Department of Defense has attributed to Iran-backed militias — came as the region remains on high alert,…
By Mohamed Ezz and Emma Rumney CAIRO/LONDON (Reuters) – Egyptian Mohannad Abdelazeem, 35, doesn’t drink alcohol. But he does consume three or four cans per day of Moussy and Fayrouz – alcohol-free beers. Brewers including Carlsberg (CSE:) and Anheuser-Busch InBev say interest is growing in such booze-free brews across the…
(Reuters) -Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that have adjusted services to and from the region: AEGEAN AIRLINES The Greek airline cancelled all flights to…
By Rich McKay (Reuters) – Hurricane Debby is expected to slam into the Big Bend region of Florida’s Gulf Coast by midday on Monday before slowly crossing the state, causing potentially dangerous storm surges and catastrophic flooding, the National Hurricane Center (NHC) said. By 11 p.m. EDT (0300 GMT) on…
Investing.com– Gold prices rose in Asian trade on Wednesday, encouraged by a softer dollar as traders awaited more cues on interest rate cuts from the Federal Reserve. The yellow metal also benefited from some safe haven buying after the reported killing of Hamas leader Ismail Haniyeh by an Israeli strike…
