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Oil little changed, investors eye Red Sea attacks

Business

Oil little changed, investors eye Red Sea attacks

Oil prices were little changed on Tuesday as investors eyed the impact on oil supply after attacks by Yemen's Iran-aligned Houthi militants on ships in the Red Sea disrupted maritime trade and forced companies to reroute vessels.

Shippers mask positions, weigh options amid Red Sea attacks

Yemen

Shippers mask positions, weigh options amid Red Sea attacks

A number of container ships are anchored in the Red Sea and others have turned off tracking systems as traders adjust routes and prices in response to maritime attacks by Yemen's Iran-aligned Houthis on the world's main East-West trade route.

UAE markets fall as rate cut hopes teeter; Saudi, Egypt gain

United Arab Emirates

UAE markets fall as rate cut hopes teeter; Saudi, Egypt gain

Stock markets in the United Arab Emirates ended lower on Monday after a top U.S. central bank policymaker pushed back against expectations of imminent rate cuts, while the Saudi index gained on rising oil prices.

Israel signals gradual shift in Gaza war

Israel

Israel signals gradual shift in Gaza war

Israel will gradually transition to the next phase of operations in Gaza, the country's defence minister said on Monday following talks with U.S. Defense Secretary Lloyd Austin about lower intensity combat and ways to reduce harm to civilians.

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