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“There is, however, a risk that the OPEC+ decision is moot if flows do not resume through the Strait of Hormuz.”

In Karachi, police said that protesters briefly attacked the perimeter of the U.S. Consulate, but were later dispersed.

Abu Dhabi Securities Exchange and Dubai Financial Market will be closed on March 2 and March 3, the UAE Capital Market Authority said.

Louise Herrle said it was her third time trying to visit the area. Previous trips were canceled by the COVID-19 pandemic and the Hamas attack on Israel in October 2023.

The US president has not understood the lessons of past wars for regime change in Iraq and Afghanistan

Under fire from US and Israeli jets, the Islamic republic’s leaders turn to succession

US stock index futures slip while gold rises as conflict escalates

Conflict has exposed how much growth depends on energy supplies through the Strait of Hormuz

Islamic republic launches constant barrages at Israel while targeting civilian sites around the Gulf