Middle East
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Economy
Oil Prices Rise as Trump Rejects Iran’s Hormuz Proposal
DID Press: Oil prices rose in Asian trading on Monday, Sept. 28, after U.S. President Donald Trump rejected an Iranian proposal to end the conflict and reopen the Strait of Hormuz. Reuters reported that Brent crude futures rose more than…
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Economy
UNCTAD: Gaza Unemployment Rate Reaches Nearly 90%
DID Press: UN Conference on Trade and Development (UNCTAD) says the Gaza Strip is facing an unprecedented economic crisis, with unemployment reaching nearly 90% of the labor force. According to UNCTAD’s latest report, around 90% of Gaza’s workforce is currently…
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Analysis
Pakistan’s Balancing Act: From Mecca Defense Pact to Yemen Crisis
DID Press: The signing of the Mecca Agreement for Joint Defense by Saudi Arabia, Pakistan and Turkey, including a collective-defense provision under which an armed attack against one member is treated as an attack against all, has placed Islamabad’s military…
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Economy
Macron: Strait of Hormuz Remains ‘Almost Blocked’ Despite US Claims
DID Press: French President Emmanuel Macron has said the Strait of Hormuz remains “almost blocked” and that no agreement has been reached to fully reopen the strategic waterway, challenging the U.S. administration’s account of shipping conditions in the strait. Recent…
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Economy
US Gasoline and Diesel Prices Rise Amid Global Energy Supply Disruptions
DID Press: Gasoline and diesel prices in the United States have come under renewed upward pressure as disruptions to global oil supplies, damage to energy infrastructure in the Middle East, and the continuing Russia-Ukraine war raise concerns over fuel availability…
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Government
Houthis Claim Downing of Saudi F-15SA and Wing Loong 2 Drone Over Yemen
DID Press: Yemen’s Houthi movement says its forces have shot down a Saudi F-15SA fighter jet and a Wing Loong 2 reconnaissance drone during separate operations over Yemen. The group’s military spokesman, Yahya Saree, said the F-15SA was brought down…
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