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Why oil prices remain steady even as Middle East tensions escalate
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Oil Extends Losses on U.S. Inflation Concerns
Oil prices were down more than 1% in Europe after the latest U.S. economic data further dented hopes the Federal Reserve could start cutting interest rates anytime soon.The Wall Street Journal - World -
Middle East Crisis: Hopes for Cease-Fire Remain, Despite Hamas’s Resistance to Latest Offer
Officials are waiting for the group’s response to a proposal with U.S. and Israeli backing for a halt to fighting in Gaza and the release of hostages held there.The New York Times - World -
Middle East Crisis: Hamas Resists Israel’s Latest Cease-Fire Offer
The U.S. secretary of state is on a tour of the Middle East to press for a cease-fire deal, but a Hamas spokesman said the group could not accept the latest Israeli proposal without changes.The New York Times - World - Israel -
OECD Sees Room for Rate Cuts But Warns of Oil-Price Threat
The global economy is likely to avoid an anticipated slowdown this year, but could yet suffer a significant setback if an escalation of conflict in the Middle East were to push oil prices sharply higher, the OECD said.The Wall Street Journal - World -
Middle East Crisis: Netanyahu Again Vows to Invade Rafah ‘With or Without’ Cease-Fire Deal
“The idea that we will halt the war before achieving all of its goals is out of the question,” the Israeli premier told relatives of hostages on Tuesday.The New York Times - World -
Middle East crisis live: Jordan says some Israeli settlers attacked aid convoys on way to Gaza
Two convoys on the way to Gaza attacked by some Israeli settlers, reports Jordan’s state news agency. See all our Middle East crisis coverageReporting for Al Jazeera from Rafah, Tareq Abu Azzoum has said that Israel appears to have “ramped up ...The Guardian - World - Israel -
America gets its money’s worth for its aid to Middle East ally Jordan
In this context of mounting anti-government anger, the Jordanian government’s decision to join a military engagement against Iran was historically bold.The Hill - Politics -
Middle East crisis live: Israel’s war cabinet to meet tonight to discuss ceasefire and hostage deal
Senior Hamas official told AFP group was looking to end war but had reservations about ceasefire plan. The EU has offered Lebanon a financial package of €1bn (£855m / $1.07bn), European Commission president Ursula von der Leyen said in Beirut on ...The Guardian - World -
Home prices soar even higher in February, despite higher mortgage rates, says S&P Case-Shiller
It marked another increase after the prior month's annual gain of 6%, and the fastest rate of price growth since November 2022.CNBC - Business -
Oil prices tally back-to-back losses as Israel-Hamas cease-fire talks continue
Oil futures end lower for a second straight session Tuesday, as cease-fire talks between Israel and Hamas dampened fears of a wider conflict that could threaten crude supplies.MarketWatch - Business - Israel
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