U.S. Tanker Aircraft Head to Middle East
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Trump leaves early due to Middle East situation
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Wall Street opened slightly lower while oil and gold rose as Tuesday marked the fifth day of fighting between Israel and Iran, with the risk of a widening conflict dampening risk appetite in a week also packed with key central bank decisions.
In a separate report on the outlook to 2030, the IEA forecast that oil supply would continue to outstrip demand over the next five years. Global oil demand is expected to increase by 2.5mn b/d between 2024 and 2030, reaching “a plateau” of 105.5mn by the end of the decade.
Blasts have been heard in Tehran and sirens have sounded in Israel as US president convenes National Security Council.
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By Amanda Cooper LONDON (Reuters) -Stocks fell, while oil and gold rose on Tuesday, as fighting between Israel and Iran entered a fifth day, making investors nervous over the risk of the conflict widening in a week packed with key central bank decisions.
Stocks are trading down by about 0.5%. As is gold. What's rallying? Oil! "Black Gold" is up more than 1.5% on worries that a resolution in the Middle East might take longer than it seemed just yesterday.
During the news conference with Carney, Trump repeatedly mentioned that Russia was thrown out of what used to be the G8 in 2014 - and blamed Barack Obama and former Canadian Prime Minister Justin Trudeau. Canada was led by Stephen Harper at the time, not Trudeau.
British equities opened lower on Tuesday with the ongoing hostilities between Iran and Israel weighing on market sentiment, and causing an investor shift to safe-haven assets.
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Smithsonian Magazine on MSNThe History of Ma’amoul, a Middle Eastern Cookie That is a ‘Love Letter’ to Our AncestorsBefore ma’amoul were treats served at special occasions, they were simple biscuits that fueled travelers. “‘Ma’amoul’ is not really a fancy word,” says Nawal Nasrallah, an Iraqi food writer and historian, known for translating medieval Middle Eastern recipes into English. It comes from the Arabic verb ‘amala, which means “to do” or “to make.”