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The US spent over $22 billion on fights in the Middle East over the past year, from arming Israel to battling the Houthis, new report says

The Costs of War Project, a research initiative at Brown University, found that the US spent at lea…

Jake Epstein   


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Rupee rises 2 paise to close at 83.95 against US dollar

At the interbank foreign exchange market, the local unit opened at 83.90 but soon fell into th…

PTI   


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A US Navy aircraft carrier has left the Middle East, ending a rare show of force

Aircraft carrier USS Theodore Roosevelt was sent to the Middle East in June to take over the Navy's…

Jake Epstein   


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5 mins read

How Saudi Arabia's ruler used chaos in the Middle East to get what he wants from the US

Crown Prince Mohammed, far from being isolated by the US, has just secured an end to the four-year …

Tom Porter   


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Gold shines as demand for safe haven asset strong; Infomerics Ratings anticipates 10% price jump this year

Historical trends, such as the surge during the Russia-Ukraine war, highlight gold's role as a safe…

ANI   


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Middle East wealth funds are scrambling to rescue their big bets on the future

The sovereign wealth funds of Saudi Arabia and Abu Dhabi have made big bets on tech firms that now …

Hasan Chowdhury   


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1 min read

A US Navy submarine packed with Tomahawk missiles is at last in the Middle East a month after it was ordered there to deter Iran

A Pentagon spokesperson confirmed Tuesday that the guided-missile submarine USS Georgia entered the…

Jake Epstein   


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The US Navy sacked a destroyer captain after a steering problem led to a Middle East near-miss

The commanding officer wasn't fired for looking through the wrong end of a rifle scope, an investig…

Jake Epstein   


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The US Navy has two carrier strike groups and a massive amount of combat power in the Middle East

The Pentagon has directed the USS Theodore Roosevelt and USS Abraham Lincoln carrier strike groups …

Jake Epstein   


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4 mins read

The US Navy has no aircraft carriers deployed in Pacific as Middle East conflicts pull the Pentagon's focus from China

The US faces a carrier gap in the Pacific, where tensions continue to rise amid aggressive actions …

Chris Panella   


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Indian exports show resilience amid global challenges in first quarter, says CRISIL report

Despite the positive growth in exports, the trade deficit widened to $21 billion in June from $ 19.…

ANI   


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Oil prices surge as US rushes forces to the Middle East ahead of a possible attack by Iran

Oil prices are surging as Israel prepares for an attack from Iran after killing a Hamas leader in T…

Kelly Cloonan   


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The US Navy is on its fourth aircraft carrier as its warships react to fighting in the Middle East

USS Abraham Lincoln is on its way as the US Navy continues to react to a range of crises in the Mid…

Jake Epstein   


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4 mins read

With the Middle East on the edge and Iran and its proxies riled up, US forces in Iraq and Syria are again taking hits

Two attacks on US military bases last week — one in Iraq and another in Syria — injured a number of…

Jake Epstein   


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The world could see a 1970s-style oil shock amid deepening conflict in the Middle East, 'Dr. Doom' Nouriel Roubini says

An oil price shock has the potential to spark a recession or a 1970s-style stagflationary crisis, R…

Jennifer Sor   


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4 mins read

The US naval presence around the Middle East is getting a firepower boost. Here are the warships already there and what's on the way.

The US has an assortment of warships in the Middle East and Eastern Mediterranean, including aircra…

Jake Epstein   


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Super Hornet fighter jets loaded with supersonic missiles spotted in Middle East ahead of potential Iranian attacks: report

Photos show that the jets are primed for air-to-air operations, with each one equipped with multipl…

Cameron Manley   


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Indian stock market – From US recession fears to tensions in the Middle East, here’s why the markets are falling

The Indian stock market reported a decline on Monday as benchmark indices Sensex and Nifty opened i…

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China just made another audacious bid to challenge the US as a key Middle East power broker

China just helped broker a truce between the two most powerful Palestinian parties.

Tom Porter   


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A US Navy carrier strike group equipped with F-35 stealth fighters is rushing to the Middle East along with a submarine packed with Tomahawk missiles

The Pentagon moved additional US military assets to the Middle East amid soaring tensions between I…

Jake Epstein