Second British ship being prepared to respond to Middle East crisis - RFA Lyme Bay could be sent to the eastern Mediterranean if the crisis continues.

By Katya Golubkova TOKYO, March 11 (Reuters) - U.S. West Texas Intermediate crude oil prices rose by $2.90 per barrel, or 3.5%, to $86.33 in early trade on Wednesday as supplies from the Gulf remain constrained amid the U.

For thousands of passengers and crew, routine leisure sailings through Gulf and Red Sea ports have become uncertain waiting games, as ships alter routes, delay departures or remain docked amid security concerns.

Producers' group reacts as the Middle East crisis threatens to fan a geopolitical risk driven oil price spike in a market that seemed pretty well supplied until now.

They spoke at a nuclear energy summit which was briefly interrupted by Greenpeace protesters. Read more at straitstimes.com. Read more at straitstimes.com.

Despite international crude oil prices exceeding $100 per barrel due to Middle East tensions, top government sources confirmed no immediate hike in petrol and diesel prices. Oil marketing companies will absorb the current cost strain,

South Korean stocks went through a roller-coaster week as investors grew wary of rising geopolitical risks amid ongoing conflicts in the Middle East.

MSC Euribia has now cancelled its March 7, 2026, sailing, with more cancellations likely coming due to the situation in the Middle East.

Palantir Technologies Inc. (NASDAQ:PLTR) is among the ARK Invest Stock Portfolio: Top 10 Stock Picks for 2026. Following a sharp slump at the beginning of 2026, primarily due to valuation concerns, the stock is staging a recovery amid intensifying geopolitical tensions.

The rise in oil prices opens an uncertain scenario if the Middle East conflict drags on, but generates more money for the region's exporting nations.