Mideast Conflict
Coverage of Mideast Conflict in the Nexus archive.
- Adnoc Gas CFO Eyes LNG Export Plant on UAE East Coast
Adnoc Gas reported a second quarter net income of $665 million, successfully beating analyst estimates despite shipping disruptions caused by the Mideast conflict in the Strait of Hormuz. CFO Peter van Driel discussed these financial results with Abeer Abu Omar from Bloomberg.
- Latest Mideast strikes between U.S. and Iran draw Saudi Arabia into conflict
The U.S. and Saudi Arabia conducted strikes against Iran-backed militias in Iraq following attacks. The conflict has drawn Saudi Arabia into the broader Mideast tensions between the U.S. and Iran.
- Bitcoin's inflation quagmire gets stickier as renewed MidEast conflict sends oil price soaring
Bitcoin's inflation challenges are worsening as renewed conflict in the Middle East drives oil prices higher. The interplay between geopolitical tensions and cryptocurrency dynamics is intensifying.
- BUDGET 2026-27: Only half of FY26 uplift budget spent in 11 months
The government utilised only 52.4% of the Rs1.01 trillion Public Sector Development Programme (PSDP) budget in the first 11 months of FY26, with allocations reduced by Rs173 billion to fund fuel subsidies amid rising oil prices. Special regions like Azad Kashmir and Gilgit-Baltistan spent just 62% (Rs153.86 billion) of their allocation due to further cuts.
- Mideast Conflict Could Still Trigger Market Turmoil, IMF Warns
The IMF warns that the Mideast conflict could still lead to market turmoil. The article includes an image of an F/A-18E Super Hornet launching from the USS Abraham Lincoln, highlighting military activity in the region.
- HSBC CEO Warns Mideast Conflict Is Denting Global Confidence
HSBC's CEO warns that the Mideast conflict is negatively impacting global confidence. The article highlights concerns about the region's instability affecting international economic outlooks.