AP Explains: Mideast tensions threaten key global oil route

This May 2018 image made available by Marine Traffic shows the MT Front Altair in Antwerp, Belgium. Two oil tankers near the strategic Strait of Hormuz were reportedly attacked on Thursday June 13, 2019. International Tanker Management, which operates the MT Front Altair, said an explosion caused fire aboard but that the incident is still being investigated. (Patrick Vereecke/Marine Traffic […]

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Jared Kushner says Mideast peace plan is a fresh approach, but mum on details

WASHINGTON — President Donald Trump’s senior adviser and son-in-law acknowledged Thursday that it might not be a “smart money bet” to gamble on the success of the White House’s long-awaited blueprint for Mideast peace. But he insisted that it is a very detailed, fresh approach that hopefully will stimulate discussion and lead to breakthroughs in resolving the decades-old conflict. Jared […]

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MIDEAST STOCKS-Saudi index retreats from multi-year peak; Gulf rivals also fall

* Petrochemicals and banks weigh on Saudi index * SHUAA Capital surges on merger talks * Banking shares fall in Abu Dhabi DUBAI, March 24 (Reuters) – Saudi Arabia’s stock market closed lower on Sunday, along with other Gulf markets, having ended the previous week at its highest in nearly four years after inclusion in the FTSE Russell’s emerging-market index. […]

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