Middle East


2024-10-29

[News] Crude Oil Prices See Largest Drop in Over Two Years as Middle East Political Risks Ease

Crude oil prices have sharply declined, marking the largest single-day drop in nearly two years as Israel’s recent strikes on Iran avoided impacting any oil extraction facilities, thereby reducing the political risk premium associated with the Middle East. Last Saturday, Israel launched airstri...

2024-05-31

[News] US Reportedly Slows NVIDIA and AMD from Selling AI Chips to the Middle East

According to a report from Bloomberg, US officials have slowed down the issuance of licenses for chip manufacturers like NVIDIA and AMD to export large quantities of AI accelerators to the Middle East. Meanwhile, officials are conducting a national security assessment of AI developments in the regio...

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