Saudi Arabia is working with partners to de-escalate unrest in the region, minister says
The United Nations and numerous countries have called for a cease-fire between Israel and Hamas, so far to no avail.
Trump storms out of fraud trial after judge clashes with his attorneys, fines him $10,000 for violating gag order
Donald Trump stormed out of the trial after a judge, who had just fined him $10,000 for violating his gag order, rejected a bid for a verdict in Trump’s favor.
Why Exxon and Chevron are doubling down on fossil fuel energy with big acquisitions
Exxon and Chevron’s recent acquisitions show that despite global decarbonization pushes, the energy transition is likely to be long and slow.
Messaging app Telegram blocks Hamas channels on Android as conflict rages on
Telegram blocked access to the official channel of Hamas and the Al-Qassam brigades, its military wing, for Android users, CNBC verified Wednesday.
Peace talks in the Middle East will take time to resume, World Bank chief says
The president of the World Bank said Tuesday that it will be some time before progress toward a more peaceful Middle East can resume in earnest.
U.S. likely to tighten sanctions on Iran crude oil amid Israel-Hamas war, RBC’s Helima Croft says
RBC’s Helima Croft said the West and President Joe Biden’s administration would, “at a minimum,” consider a retaliatory gesture of curbing Iranian exports.
Economists fear major disruption if the Israel-Hamas conflict is not contained
Israel’s subsequent bombardment of Gaza in a bid to eliminate Hamas has increased the risk of a spillover to the wider Middle East region.
IMF chief says Israel-Hamas war is a new cloud on the world’s economic horizon
The head of the IMF on Wednesday dubbed the worsening Israel-Hamas conflict as another cloud on the horizon of an already gloomy economic outlook.
Hurricane Otis batters Acapulco before weakening over southern Mexico
Hurricane Otis slammed into Mexico’s southern Pacific coast as a Category 5 hurricane early Wednesday, bringing dangerous winds and heavy rain to Acapulco.
