Lebanon News — AKHBAR.COM

G7 leaders were holding talks Friday to coordinate action on fuel prices, after the United States upped pressure on Europe to release its strategic reserves, threatening a diesel export ban.

From attacks on shipping in the Red Sea to repeated threats around the Strait of Hormuz, the Middle East’s energy arteries are under growing pressure. The war in Gaza and its regional repercussions have added another layer of instability to a system already strained by sanctions, political fragmentation and competition over new corridors. Together, these…

U.S. oil prices dropped sharply Friday as G7 leaders held urgent talks to coordinate action on lowering fuel prices, after the EU said earlier it would work with the International Energy Agency on releasing further stocks to global markets.

After decades without nonstop service, Lebanon is finally set to get direct flights from the United States. The announcement came from U.S. President Donald Trump during a meeting with Lebanese President Joseph Aoun at the White House, where he revealed that direct flights between the two countries have been approved. U.S. President Donald Trump announced…

A wind turbine described by its developer as the world's tallest now rises 365 meters (1,197 feet) above the sparsely populated landscape of eastern Germany, surpassing the height of the Eiffel Tower.

TEHRAN- Iran's Commercial Attaché in Qatar, while pointing to the capacities of the Qatari market for importing horticultural products, has declared the fresh fruit market of Qatar as one of the most attractive regional markets for Iranian exporters, given the country's heavy dependence on fruit imports.

France's public debt has climbed to a record during the two terms of President Emmanuel Macron, unsettling investors and emerging as a defining issue ahead of next year's presidential election.

By Maya Gebeily BEIRUT, July 16 (Reuters) - Lebanon and Syria will in the coming months begin revising decades-old trade agreements torevive their economic relationship following the ouster of Syrian leader Bashar al-Assad in 2024, Lebanon's economy minister told Reuters on Thursday. Amer Bisat, who said the countries could eventually aim for a larger bilateral…

Americans are deeply frustrated with President Donald Trump's handling of the economy and rising prices, with most panning his performance and blaming his policies as higher costs threaten his party's chances in November.

By Tala Ramadan, David Morgan and Patricia Zengerle DUBAI/WASHINGTON, June 25 (Reuters) - Oil prices fell to pre-war levels on Thursday as the United States said flows through the Strait of Hormuz were nearing normal and its top diplomat completed a Gulf tour aimed at shoring up support for a preliminary Iran deal. U.S. Energy…

President Donald Trump said South Korea plans to invest about $54 billion in a natural gas project in Alaska, an announcement he made in the Oval Office on Wednesday flanked by a Republican senator who has found himself in a tough reelection race in the state.

Massive destruction in southern Lebanon in the latest Israel-Hezbollah war is estimated at around $1.38 billion, according to a UN agency and a Lebanese research centre. Reporting from Beirut, FRANCE 24’s Renée Davis notes that while the latest US-Iran deal includes a proposed $300 billion fund, Lebanon’s reconstruction was not mentioned in the 14-point Islamabad…

Five African heads of state led a ground breaking ceremony Wednesday on a $16-billion oil refinery project in East Africa, following calls for the continent to boost its self-sufficiency in processing raw materials into finished products.

While much of the world is holding out hope that the US-Israeli war against Iran may finally be reaching an end amid news of a ceasefire agreement, the billionaire owners of some of the world’s largest energy companies may not be so thrilled. A handful of just 41 energy industry barons in Group of Seven…

Medication prices are soaring in Iran and some treatments have become hard to find, leaving patients and their families scrambling as a U.S. blockade and stepped-up sanctions squeeze the country's pharmaceuticals industry.

Saudi Arabia announced on Wednesday the end of a ban on Lebanese imports that had been in place for five years, marking a significant step in efforts to rebuild relations between Lebanon and Gulf states. The kingdom imposed a ban on Lebanese fruit and vegetable imports in 2021, saying they were being used to smuggle…

China on Tuesday rolled out new measures to help boost its economy and sluggish property sector as pressures ramp up ahead of a year-end target for hitting the government's economic growth goal.

(MENAFN - AsiaNet News) Traders are watching May's Producer Price Index (PPI), weekly jobless claims, and Adobe earnings later today. Crude oil prices edged higher after the United States ...

European Union nations have spent over an extra 100 billion euros ($113.5 billion) on energy imports since the outbreak of the Iran war, pushing politicians to seek alternatives to fossil fuels as prices skyrocket.

(MENAFN - The Rio Times) Rio Times Global Economy Briefing The Big Three Chips bounced, partially. The Nasdaq rose 0.86% and the semiconductor ETF gained 5%, recovering some of Friday's losses, ...

U.S.-Canada relations, already tense, are likely to deteriorate further after the United States went ahead early Tuesday with a decision to ban nearly $1 billion worth of Canadian imports, including alcoholic beverages, dairy products and motorcycles.

(MENAFN - AsiaNet News) The S & P 500 rose 0.3%, Nasdaq 100 jumped 1.6% and the Dow slipped 0.2%. Apple introduced Siri AI at WWDC 2026 but didn't provide a launch timeline. Alphabet to ...

Iran's currency fell to a new record low on Tuesday, with traders in Tehran exchanging more than 2.5 million rials to the U.S. dollar in a stark reflection of how the war in the Middle East has steadily eroded the Iranian economy.

(MENAFN - Baystreet) Canada's main stock index fell more than 1% on Friday, tracking losses on Wall Street, as stronger-than-expected U.S. and domestic payrolls data fueled expectations of a ...

On the occasion of the International Day for Universal Access to Information (IDUAI) 2026, UNESCO Regional Office in Beirut convened stakeholders from government, civil society, academia, media, youth and the technology sector to explore the role of access to information in strengthening information integrity in Lebanon’s increasingly digital information environment.

(MENAFN - Baystreet) Canada's main stock index opened sharply lower on Friday, tracking losses?on Wall?Street, as stronger-than-expected U.S. and?domestic payrolls?data fueled expectations ...

President Donald Trump has justified the pending U.S. arms sale to Taiwan to Chinese President Xi Jinping by downplaying it as just one of many sales Washington makes around the world — even asking Xi if he'd be in the market for U.S. arms, Trump's ambassador to China said on Sunday.

(MENAFN - ING) Energy - Oil product inventories fall in Europe and Singapore While there are few signs of progress in US-Iran talks, the oil market continues to trade on expectations of an imminent ...

Argentina's poverty rate jumped to 32.3% in the first half of 2026, official data showed Thursday, as incomes failed to keep pace with the rising cost of basic goods, a setback for libertarian President Javier Milei little more than a year before he seeks reelection.

(MENAFN - Baystreet) Canada's main stock index rose on Thursday after a ceasefire deal between Israel and Lebanon raised hopes of de-escalation in the broader U.S.-Iran conflict, while investors ...

Wars in the Middle East and Ukraine are driving governments across Europe to craft subsidies, taxes and policy revisions that might shield their economies, companies and increasingly aggrieved citizens from record gasoline and diesel prices.

(MENAFN - IANS) Mumbai, June 4 (IANS) Domestic equity markets opened lower on Thursday, tracking weak global cues amid geopolitical uncertainty in West Asia and selling pressure across the US and ...

Hundreds of trucks idle along the road into Iran from Turkey's mountainous eastern border. Bustling even in normal times, the countries' largest crossing is now a make-or-break economic lifeline for Tehran as the U.S. navy blockades its ports.

(MENAFN - IANS) New Delhi, June 4 (IANS) Global crude oil prices declined more than 1 per cent on Thursday after Israel and Lebanon agreed to implement a ceasefire, raising hopes of a broader ...

When Iran shut down the Strait of Hormuz at the start of the war, choking off sea passage for some 15 million barrels of oil a day, many feared that prices would skyrocket, cratering the world economy.

(MENAFN - ING) Energy - US crude inventories continue to decline Re-escalation in the Persian Gulf pushed oil prices higher yesterday, with fresh attacks once again casting doubt over a resumption ...

President Joseph Aoun on Wednesday met with an official Syrian delegation comprising the ministers of economy, tourism, agriculture, and transport, as well as the heads of the investment and aviation authorities and the head of the Lebanese-Syrian Business Council.

(MENAFN - Khaleej Times) Residents say the impact ranges from a few extra dirhams a month to hundreds, with long-distance commuters and families feeling the pinch most By: Haneen Dajani ...

Stock markets advanced Tuesday as oil prices fell further on speculation the United States and Iran could make progress on talks to end the Mideast war this week, with enthusiasm about Meta's new AI agent fanning a tech rally.

Oil prices jumped and equities struggled on Monday as Middle East peace talks stumbled and tensions mounted between Iran and the United States. Crude futures shot around seven percent higher after an Iranian news agency announced Tehran had suspended the negotiations with Washington via mediators. The United States and Iran had traded strikes over the…

Several Iraqi travel agencies said on Tuesday the U.S. ban on Iranian airlines could severely disrupt their business, forcing them to explore alternatives, such as hours-long land routes to Iran.

(MENAFN) Oil prices climbed sharply Monday as a fresh exchange of strikes between the US and Iran stoked fears of widening conflict across one of the world's most critical energy ...

U.S. futures are climbing as oil prices decline and investors await an expected meeting between U.S. President Donald Trump and Chinese leader Xi Jinping this week in Washington, which could cover trade, artificial intelligence and geopolitics.

(MENAFN - DailyFX (IG)) Geopolitical developments keep markets on edge United States (US) equity markets extended their winning streak to close out Friday, the week and the month at fresh record ...

Brazilian President Luiz Inácio Lula da Silva signed a decree on Thursday increasing benefits under his flagship welfare program by 15%, weeks before the first round of the presidential elections.

Oil prices rebounded back to $100 on Tuesday while stock markets were mixed and the dollar firmed after US military strikes on Iran deflated hopes of an imminent deal to reopen the Strait of Hormuz. The United States and Iran have been working on an agreement to end the Middle East war and reopen the…

EU chief Ursula von der Leyen's proposal to make Canada an "associate member" of the bloc is not aimed against the United States, the European Commission said Thursday after President Donald Trump threatened trade ties over the plan.

(MENAFN - AsiaNet News) Domestic equity markets closed lower on Tuesday as investor sentiment weakened sharply after renewed US military operations involving Iran dampened optimism surrounding a ...