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IMF: War in Middle East Causes Economic Disruptions, Global Shock

Singapore: The International Monetary Fund (IMF) confirmed Monday that the war in the Middle East has caused serious disruptions to the economies of many countries and is casting a shadow over the future prospects of many economies that had just begun…

Oil Prices Surge as Middle East Tensions Impact Global Supply

Doha: Oil prices extended gains on Monday, with Brent headed for a record monthly rise, amid escalating military tensions in the Middle East. Brent crude futures jumped $2.43, or 2.16%, to $115 a barrel after settling 4.2% higher on Friday.

Accordi…