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‘A dangerous place’: US to pull out personnel from Middle East amid tensions with Iran
US President Donald Trump said on Wednesday that some of the US troops were being moved out of the Middle East as he called it “a dangerous place” and added that America would not allow Iran to have a nuclear weapon.
The dollar firmed against major currencies on Monday, driven by safe-haven buying from investors fearing the Israel-Iran ...
Services inflation is where the real curveball landed. It slowed sharply, driven by plunging airfares and softening housing ...
A further escalation in Iranian-Israeli tensions could take oil prices above $80 and would mean more upside for the dollar.
Tehran said American bases in the Middle East could face reprisals if the U.S. helped repel Iranian attacks on Israel.
The past two years of escalating tensions in the Middle East have taught oil traders to be sanguine about the risk of disruption to oil supplies. Read more at The Business Times.
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