The US is sending more Patriot defense systems to the Middle East. They cost $1.1 billion each.

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Two camouflaged trucks carrying a missile air defense system.
Two Patriot systems deployed at the German Air and Missile Defense Task Force.

Soeren Stache/picture alliance via Getty Images

Qatar Airways' new CEO — whose predecessor once said a woman couldn't do his job — wants to bring a culture of 'trust and empowerment' to the airline

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an Airbus A350 of Qatar Airways company after taking off from the Toulouse-Blagnac airport
A Qatar Airways A350.

PASCAL PAVANI/AFP via Getty Images

Oil prices are at their lowest level since August. Here's everything moving crude markets.

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Israeli soldiers work to secure residential areas following a mass-infiltration by Hamas gunmen from the Gaza Strip, in Sderot, southern Israel October 7, 2023.
Israeli soldiers work to secure residential areas following a mass-infiltration by Hamas gunmen from the Gaza Strip, in Sderot, southern Israel October 7, 2023.

REUTERS/Ammar Awad

Hamas wants to wreck years of US efforts to mend Israel-Arab ties — and it looks like it's working

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US-Saudi
US Secretary of State Antony Blinken (L) meets with Saudi Foreign Minister Prince Faisal bin Farhan in Riyadh on October 14, 2023.

JACQUELYN MARTIN/POOL/AFP via Getty Images

Video shows a US Navy drone boat firing off its own exploding drone in the Middle East, a first for the unmanned vessels

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A MARTAC T-38 Devil Ray unmanned surface vehicle, equipped with a Lethal Miniature Aerial Missile System, operates in the Arabian Gulf, Oct. 26.
A MARTAC T-38 Devil Ray unmanned surface vehicle, equipped with a Lethal Miniature Aerial Missile System, operates in the Arabian Gulf, Oct. 26.

US Navy photo by Mass Communication Specialist 2nd Class Jacob Vernier

Crude oil prices could soar 76% if the Israel-Hamas war morphs into a regional conflict, the World Bank says

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An Israeli M109 155mm self-propelled howitzer fires near the Israel-Gaza border.
An Israeli M109 155mm self-propelled howitzer fires near the Israel-Gaza border.

Jack Guez/Getty Images

The Chinese Navy's presence in the Middle East involves 6 'highly capable vessels' stationed in the theater, military expert says

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A Chinese naval frigate.
A Chinese naval frigate.

Tang Ke/VCG via Getty Images

China's quiet campaign to win over Middle Eastern countries has run into a problem Beijing isn't really ready to deal with

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An explosion on a residential tower caused by Israeli raids in the northern Gaza Strip on October 12, 2023 in Gaza City, Gaza.
An Israeli strike on a residential tower in Gaza City on October 12.

Ahmad Hasaballah/Getty Images

Oil prices would soar to $150 and market volatility would skyrocket in the most severe scenario for the Israel-Hamas war, EY chief economist says

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Oil drills
Oil prices have risen sharply following Russia's invasion of Ukraine.

imaginima/Getty Images

Demand destruction will outweigh a wider Mideast conflict in oil markets, JPMorgan says

Tech Insider : Economy
Israeli army tanks gathered near the Gaza border.
The Israeli army deployed troops and armored vehicles to the Gaza border as the deadline to evacuate northern Gaza approached.

Mostafa Alkharouf/Anadolu via Getty Images

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