Syria has taken a critical step toward economic recovery by completing its first international bank transaction via the SWIFT messaging system since the eruption of civil war in 2011. Central Bank Governor Abdelkader Husriyeh confirmed that a direct commercial payment… Read More ›
Day: June 19, 2025
Kremlin Foresees Russia, U.S. and Saudi Arabia Coordinating to Steady Oil Markets
The Kremlin has signaled that Russia, the United States and Saudi Arabia could again join forces to stabilize global oil markets if circumstances demand. The comments, delivered by Russia’s sovereign-wealth fund head Kirill Dmitriev on the sidelines of the St. Petersburg… Read More ›
Investors Warn of Rapid Market Selloff Should U.S. Enter Middle East Conflict
Equity markets around the globe are bracing for a sudden downturn, as investors weigh the prospect of the United States joining hostilities between Israel and Iran. With stock indices trading near multi‑year highs amid a backdrop of trade tensions and… Read More ›
Marine Insurance Rates Surge Amid Growing Middle East Risk
Insurance premiums for vessels traversing the Red Sea, Persian Gulf and adjacent waters have climbed sharply in recent weeks, driven by the escalating tensions between Israel and Iran and the spillover of conflict into crucial maritime chokepoints. Underwriters now demand… Read More ›