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  • Oil price could exceed $100 a barrel if Middle East conflict worsens, World Bank warns

    A serious escalation of tensions in the Middle East would push the price of oil above $100 (£80) a barrel and reverse the recent downward trend in global inflation, the World Bank has said.

    The Washington-based institution said the recent fall in commodity prices had been levelling off even before the recent missile strikes by Iran and Israel – making interest rate decisions for central banks tougher.

    But it added that its forecast that crude prices would average $84 a barrel this year would prove too optimistic in the event of the crisis worsening.

  • U.S. and 17 Other Nations Call on Hamas to Release Hostages

    President Biden and the leaders of 17 other nations called on Hamas on Thursday to release all of the hostages seized during its Oct. 7 terrorist attack on Israel, an effort to raise international pressure on the group’s leader in Gaza to agree to a U.S.-brokered deal.

  • Perspective: U.S. Fixation on Nuclear Deal Let Iran Loose on the Middle East

    Early in the process, there was a clear imbalance between Washington’s perception and Tehran’s. Washington thought that engaging Iran on the nuclear file would curb the latter’s destabilizing potential in the region, and this assumption motivated the signing of an initial nuclear agreement with Iran in 2013. But Iran celebrated the agreement as a political victory and otherwise carried on. Despite this, the Obama administration pressed on in pursuit of a wider nuclear deal, and in 2015 managed to secure the signing of the Joint Comprehensive Plan of Action (JCPOA).

  • Biden names new special envoy for Middle East humanitarian issues

    U.S. President Joe Biden on Thursday appointed Lise Grande as the new special envoy for Middle East humanitarian issues, the State Department said in a statement.
    Grande, who replaces David Satterfield, is currently head of the independent U.S. Institute of Peace. She previously worked for the United Nations for more than 25 years, a career that included running aid operations in Yemen, Iraq and South Sudan.

  • US State Dept’s Middle East spox resigns over Gaza policy

    The U.S. State Department's spokeswoman for Middle East and North Africa announced her resignation on Thursday, in protest of Washington's policies regarding the Gaza Strip, amid Israel's atrocities. "I resigned April 2024 after 18 years of distinguished service in opposition to the United States’ Gaza policy. Diplomacy, not arms. Be a force for peace and unity,” Hala Rharrit wrote in a LinkedIn post, according to Al Arabiya.

  • Book Review: The Conflicts Shaping the Middle East

    The recently released book “Battleground – 10 Conflicts that Explain the New Middle East” by historian Christopher Phillips provides a useful overview of ten ongoing conflicts in the Middle East.  The author takes an ambitious approach to explaining these conflicts, trying to pack in a great deal of information into ten chapters that describe the conflicts and countries involved.

  • Opinion: By cracking down on the Gaza protests, US universities are betraying their core mission

    Huge coalitions of US students have united against Israel’s rampage that has targeted not just Hamas but Gaza society generally, damaged or destroyed the vast majority of buildings, and killed at least 35,000 Palestinians, mainly civilians. The slaughter has been shocking, even given the vicious savagery of the October 7 attack.

  • Greg Norman ‘open-minded’ to altering LIV’s signature 54-hole format

    His comment is significant because, like LIV Golf’s team competition and shotgun starts, the 54-hole length of tournaments has been a defining feature, with “LIV” coming from the Roman numeral for 54. Jon Rahm, a star player whose switch to LIV in December was a jolt to the PGA Tour, said he hoped a 72-hole format might help unite the established and upstart tours.

  • Israel says it is poised to move on Rafah

     Israel's military is poised to evacuate Palestinian civilians from Rafah and assault Hamas hold-outs in the southern Gaza Strip city, a senior Israeli defence official said on Wednesday, despite international warnings of a humanitarian catastrophe.
    A spokesperson for Prime Minister Benjamin Netanyahu's government said Israel was "moving ahead" with a ground operation, but gave no timeline.
    The defence official said Israel's Defence Ministry had bought 40,000 tents, each with the capacity for 10 to 12 people, to house Palestinians relocated from Rafah in advance of an assault.

  • Saudi giga-project Diriyah Gate targets 2027 completion

    Diriyah Gate, one of the first Saudi giga-projects, said this week that it was on target for completion by late 2027. The opening of the project’s first hotel is now rescheduled for later this year. “We’re looking forward to the conclusion of our project, probably toward the end of 2027,” said Andrew Tonnor, Diriyah Gate’s chief delivery officer, in a presentation to potential vendors. “We’re one of the five PIF giga-projects, we’ve been incorporated since 2019 when we were founded as a project and development company.

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