/ Middle East
US Restricts AI Chip Exports to Middle East, AMD and NVDA Affected
The U.S. government has restricted AMD and Nvidia from exporting advanced AI chips to several Middle Eastern countries.
May 31, 2024Why are Oil Prices on the Rise? Three Factors Worth Considering
Brent crude futures rose above $81 on Wednesday amid persisting conflicts in the Middle East, a slump in US crude output, and China's fresh economic stimulus.
January 25, 2024Brent Up 1.5% as Oil Prices Rise After Tensions Heat Up in the Red Sea
Oil prices edged higher on Wednesday after production in Libya's largest oil field was halted due to protests.
January 03, 2024What to Expect Next as Oil Drops to $88.4 a Barrel
Oil prices fell on Wednesday after weak economic data in Europe and possible de-escalation in Israel-Hamas war weighed on demand.
October 25, 2023Oil and Gold Prices Surge as Conflict in the Middle East Continues
Prices of oil and gold soared higher on Wednesday following a deadly attack on a Gaza hospital that killed hundreds.
October 18, 2023