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Oil steadies on rise in Middle East crude exports and G7 stocks release

Oil steadies on rise in Middle East crude exports and G7 stocks release

By Seher Dareen LONDON, Oct 5 (Reuters) - Oil prices edged higher in volatile trade on Monday after crude exports from the Middle East increased and the Group of Seven nations pledged to boost supplies, though selling was limited by ongoing disruption fears linked to the US-Israeli war on Iran.

Australia probes flydubai co-pilot's links to the country, police say

Australia probes flydubai co-pilot's links to the country, police say

By Praveen Menon and Alexander Cornwell SYDNEY/TEL AVIV, Oct 4 (Reuters) - A multi-agency Australian counterterrorism unit is investigating links to Australia of the co-pilot of flydubai flight FZ1073, who stabbed his captain and then attempted to hijack the plane, a police spokesperson said on

Air India Extends Flight Suspensions to Israel Amid Regional Tensions

Air India Extends Flight Suspensions to Israel Amid Regional Tensions

Air India has prolonged the suspension of its flights to Israel until the end of July. This decision comes amidst ongoing regional tensions and airspace disruptions, which have also led to various flight cancellations and delays, particularly affecting travelers in the UAE. While the specific number of suspended flights to Israel is not detailed, the airline's broader operations in the region have been impacted. Other airlines, including Emirates, flydubai, and Etihad, have also experienced delays and cancellations on routes connecting through Dubai and Abu Dhabi, with some extending suspensions for several months. The UAE's General Civil Aviation Authority has resumed normal air-navigation operations but continues real-time monitoring, acknowledging that regional routing can still affect international journeys.

US Air Force removes all bombers from British air base targeted by a suspected terror attack

US Air Force removes all bombers from British air base targeted by a suspected terror attack

The U.S. Air Force has brought home its bombers stationed at a U.S.-run military air base in England used to strike Iran following an investigation into a planned terror attack at the RAF Fairford base

Explainer-What do we know about flydubai flight 1073?

Explainer-What do we know about flydubai flight 1073?

LONDON, Oct 2 (Reuters) - Here is what we know, and don't know, about the reported attempt by the copilot of flydubai flight 1073 to crash the plane on September 30 before it landed safely in Saudi Arabia. WHAT HAPPENED TO THE PLANE?

Exclusive-OPEC+ delays oil capacity review after Iran war disrupts expansion plans, sources say

Exclusive-OPEC+ delays oil capacity review after Iran war disrupts expansion plans, sources say

LONDON/MOSCOW, Oct 2 - An OPEC+ review to help to determine members’ 2027 oil output quotas has been delayed after the US-Israeli war on Iran disrupted projects to expand capacity across the Middle East, throwing estimates of future production potential into uncertainty, said two sources close to

Global shares gain, bonds supported as oil drops, jobs data misses expectations

Global shares gain, bonds supported as oil drops, jobs data misses expectations

By Samuel Indyk and Stella Qiu LONDON, Oct 2 (Reuters) - Global shares rose on Friday as wild volatility in bond and currency markets eased and oil prices fell, while weaker-than-forecast US jobs data scuppered chances of a rate hike from the Federal Reserve later this month.

HSBC hires Cantor's Paras Jain to lead global TMT banking, sources say

HSBC hires Cantor's Paras Jain to lead global TMT banking, sources say

By Milana Vinn NEW YORK, Oct 2 (Reuters) - HSBC is expanding its technology, media and telecommunications investment banking franchise with a senior hire, Paras Jain from Cantor Fitzgerald, according to people familiar with the matter.

Pilot stabbing raises aviation security questions, further unsettles a region shaken by US-Iran war

Pilot stabbing raises aviation security questions, further unsettles a region shaken by US-Iran war

The attack on a pilot by his co-pilot on a Tel Aviv-bound flight this week has raised questions about the state of aviation security and further unsettled a Middle East already shaken by the ongoing U.S.-Iran war

Brent climbs, WTI down as Europe agrees to release diesel reserves

Brent climbs, WTI down as Europe agrees to release diesel reserves

By Erwin Seba HOUSTON, Oct 2 (Reuters) - Brent crude futures climbed while US West Texas Intermediate held on to a portion of earlier losses on Friday after European leaders agreed to US President Donald Trump's request to release diesel reserves to lower prices and reduce fuel imports from the

Oil price drops more than 2% on talks over diesel, crude stock releases

Oil price drops more than 2% on talks over diesel, crude stock releases

By Anushree Mukherjee LONDON, Oct 2 (Reuters) - Oil prices fell more than 2% and European gasoil futures dropped about 5% on Friday after reports of talks on additional diesel and crude stock releases, easing concerns over tight global energy supplies.

Global shares rise as bond selloff eases before US jobs

Global shares rise as bond selloff eases before US jobs

By Samuel Indyk and Stella Qiu LONDON, Oct 2 (Reuters) - Global shares rose on Friday as wild volatility in bond and currency markets eased ahead of key US jobs data that could shape expectations for the Federal Reserve's next policy move.