Oil prices set for weekly gain as US-Iran hostilities intensify

Brent crude futures down 47 cents or 0.49% at $95.05 Oil prices eased on Friday but were still headed for a ‌weekly gain as rising US-Iran tensions heightened concerns over Middle East supply risks. Brent crude futures were down 47 cents or 0.49% at $95.05 a barrel by 1:13pm PKT, while US West Texas Intermediate crude futures lost […]

Iran Warns of New Confrontation as Israel Claims Strategic Ridge in Lebanon

Iran has warned that the threat against the country is not over and said its forces are prepared for any possible confrontation, as tensions continue to rise across the Middle East. At the same time, Israel has claimed control of the strategically important Ali al-Taher ridge in southern Lebanon, while South Korea is considering a […]