Middle East

How drone attacks on Saudi Aramco might blow up US-Iran tensions

Attacks likely to scupper diplomacy and risk plunging Iran and US, along with regional allies, into further escalation.

Oil prices surge after attack on Saudi oil facilities

Oil prices surge after attack on Saudi oil facilities

The attack has taken nearly six percent of global oil production offline, but US, Saudi could tap into large reserves.

'Very difficult' for China's economy to grow at 6 percent: Li

'Very difficult' for China's economy to grow at 6 percent: Li

Li's comment that downward pressure is 'certain' for China is underscored by slowest industrial output in over 17 years.

OxyContin maker Purdue Pharma files for bankruptcy protection

OxyContin maker Purdue Pharma files for bankruptcy protection

The company, accused of fueling the US opioid crisis, faces more than 2,000 lawsuits seeking billions of dollars.

Oil price spike dents Indian assets on inflation concerns

Oil price spike dents Indian assets on inflation concerns

India's large oil imports make it highly vulnerable to surges in crude prices, like the one following the Saudi attack.