If the United States buys so little oil from the Persian Gulf, why would a war in the region cause gas prices here to spike?

Iran threatens to withdraw from ceasefire pact over Lebanon attacks while Israel and the US say it was not included in deal

Philippine carriers have suspended more flights to the Middle East, as the airlines exercise caution amid continuing security risks due to the US-Iran conflict.

The Strait of Hormuz's closure has handed financial windfalls to Iran, Oman and Saudi Arabia, while other states that lack alternative shipment routes have lost billions of dollars, a Reuters analysis found.

President Trump on Monday postponed a deadline he had given for Iran to open the Strait of Hormuz or face attacks on its energy infrastructure, telling reporters that the United States was engaging in “very strong talks” with the country about resolving the war, which began on Feb. 28.

The unfolding war in the Middle East has ricocheted across the region, with nearly every country sustaining damage from missile hits or shrapnel, many reporting casualties, and key embassies, economic engines and passageways closing down. Foreign ...

By Manoj Kumar NEW DELHI, April 8 (Reuters) - South Asia's growth is expected to slow to 6.3% in 2026 from 7.0% in 2025 as the conflict in the Middle-East and disruptions in global energy markets weigh on the import-dependent region,

Learn about UNHCR’s emergency response in the Middle East, including Iran, Lebanon and other countries involved in preparedness and response efforts.

This is the introduction to Middle East Dispatch, a weekly, subscriber-only newsletter in which our correspondents take a look at the warfare, politics and economics of a region that is at the centre of the world’s affairs.

By Florence Tan, Ben Blanchard and Siyi Liu SINGAPORE/TAIPEI, April 9 (Reuters) - Commodities trader Glencore and Taiwan's state refiner CPC have chartered a tanker each to load Middle Eastern crude for Asia,