Once a darling of emerging market investors, the slump in oil prices mean Nigeria’s economy is seen continuing to slow after this weekend’s elections.» Read More
Jonathan Barratt, CIO at Ayers Alliance Securities, explains why markets may be "a little bit wrong" about the risks from Yemen on oil prices.
Referring to the war on terror which took place in Afghanistan, Hamid Karzai, former President of Afghanistan, says the use of force will not resolve the situation in Yemen.
Islamist groups including al Qaeda's Nusra Front have seized the city of Idlib for the first time in Syria's civil war, fighters and a monitoring group said on Saturday.
Saudi Arabia's navy evacuated dozens of diplomats from Yemen on Saturday and the United Nations pulled out international staff after a third night of Saudi-led air strikes.
Yemen's ousted president Abd-Rabbu Hadi vetoed calls for a ceasefire, backing air strikes by a Saudi Arabia- led coalition, the FT reported.
KIEV, Ukraine— Russia plans to eliminate Ukraine as an independent state and could spark a new offensive in the east to achieve that aim, Ukraine's prime minister told The Associated Press on Friday. Ukraine and the West accuse Russia of being directly involved in the separatist conflict in eastern Ukraine which has left over 6,000 dead in the last year.
A Yemeni official said the Saudi-backed operation in the country would only take days, but experts said an easy conclusion is unlikely.
*Success would establish Riyadh as leader of Sunni states. RIYADH, March 27- Saudi Arabia's campaign to stop the Houthis from ruling over Yemen could define its role in the Middle East for years and shape its regional struggle with the rebels' ally Iran. Success would establish Riyadh as de facto leader of the region's Sunni states it has pulled together in a...
Kerry Craig, market strategist at JP Morgan Asset Management, talks about the current crisis in Yemen and how oil and Saudi Arabia are involved in it.
The former UN ambassador says Israel is "our anchor in the Mideast."
DUBAI, March 27- Leading tribes in Yemen's main oil producing province of Marib said on Friday they backed a Saudi-led military campaign against Houthi militia opposed to President Abd-Rabbu Mansour Hadi. "The tribes of Marib announce their support of Operation Decisive Storm under the leadership of Saudi Arabia and the Gulf countries to end the rebellion...
The Russian satellite state of Chechnya has threatened to supply weapons to Mexican rebels to aid a conflict against the United States.
RABAT, March 27- Morocco will join Saudi-led coalition action in Yemen to hold back Shi'ite Houthi militia by providing political, intelligence, logistics and military support, the country's foreign ministry said. Saudi Arabia and other Sunni Arab countries launched air strikes throughout Yemen on Thursday to check the Houthi rebels, which are allied to Iran,...
CNBC's Hadley Gamble reports on the aftermath of another round of Saudi-coalition air strikes in Yemen.
War planes have reportedly struck an air force base a few kilometers from an oil field in Yemen. CNBC's Hadley Gamble discusses the latest developments.
Jason Feer, Head of Business Intelligence at Poten & Partners, says Saudi Arabia and its allies are prepared to do everything they can to stop the advancement of Houthi militants.
The conflict has pitted two big oil production nations against each other, Saudi Arabia and Iran.
Americans "need to understand just how important a threat Yemen can be," says one analyst.
LONDON, March 26- Conflict in Yemen risks spilling out into the busy sea lanes that pass it and potentially disrupt the narrow Bab el-Mandeb passage through which nearly 4 million barrels of oil are shipped daily to Europe, the United States and Asia. Oil prices rose as much as 6 percent on Thursday after neighbouring Saudi Arabia and its allies launched air...
DUBAI, March 26- Warplanes from Saudi Arabia and Arab allies struck Shi'ite Muslim rebels fighting to oust Yemen's president on Thursday, in a push by the world's top oil exporter to check Iranian influence in its backyard. Most of the crude exported from Saudi Arabia, Iran, the United Arab Emirates, Kuwait and Iraq-- together with nearly all the liquefied natural...