Iran’s Warning To Arab Countries, US Allies
New Delhi: Iran has issued a stark warning to its Arab neighbours and US allies in the Gulf, threatening severe retaliation if their territories or airspace are used to aid …
Kuwait
Kuwait Fire Mangaf: 41 dead, majority believed to be Indians; Indian Embassy issues emergency numbers
A major fire in Kuwait’s Mangaf area killed 41 workers, many of whom were Indians, including five Keralites. The blaze began in a kitchen of a six-storey building housing 160 …
kuwait: Kuwait forms new government headed by Ahmad Abdullah Al-Sabah
Kuwait formed a new cabinet headed by Sheikh Ahmad Abdullah Al-Sabah, according to a royal decree issued Sunday. Emad al al-Atiqi, Anwar Ali al-Mudhaf and Abdullah Ali al-Yahya retained their …
Wall Street heaves a sigh of relief
U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., March 20, 2024. …
Red Sea crisis may lead to tanker shortage, Kuwait Petroleum CEO says
Kuwait Petroleum Corporation Deputy Chairman & CEO Shaikh Nawaf Al-Sabah speaks during the CERAWeek oil summit in Houston, Texas, on March 19, 2024. Mark Felix | Afp | Getty Images …
Inflation fight gets harder in final stretch
A customer shops at a supermarket in Oregon. Wang Ying | Xinhua News Agency | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC …
The last leg of inflation fight remains tough
U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee (FOMC) at the headquarters of the Federal Reserve on …
Oil prices slip after OPEC+ extends voluntary oil output cuts
Marathon Petroleum’s oil refinery in Anacortes, Washington. David Ryder | Reuters Oil prices edged lower Monday after oil cartel OPEC+ agreed to extend voluntary output reductions until the second quarter, …
Oil prices set to rise in 2024 after OPEC+ voluntary cuts
Processing towers stand at the RN-Tuapsinsky refinery, operated by Rosneft Oil Co., in Tuapse, Russia, on Monday, March 23, 2020. Andrey Rudakov | Bloomberg | Getty Images Oil prices are …
Lebanon moves to ban ‘Barbie’ film for ‘promoting homosexuality’; Kuwait follows suit
Lebanon’s culture minister moved to ban the film “Barbie” from cinemas on Wednesday, saying it “promotes homosexuality” and contradicts religious values. Minister Mohammad Mortada is backed by powerful Shi’ite armed …