Oil prices fell more than $1 a barrel on Friday as worries receded over the threat of disruptions to Middle East supplies due to Saudi Arabia-led air strikes in Yemen.
Goldman Sachs said the bombing of Yemen would have little effe
Lufthansa pilots have called a strike for Thursday, adding to a walkout already planned for Wednesday, in a long-running dispute over early retirement benefits and other pay-related disputes.
Lufthansa earlier cancelled 750 flight
Pilots at German airline Lufthansa plan to strike on Wednesday as they seek to raise the pressure on management in a long-running dispute over an early retirement scheme and plans to expand budget flights.
Pilot's Union Verein
Hundreds of foreign construction workers staged a rare public protest outside the opulent Dubai Mall on Tuesday in a pay dispute with their company, witnesses said.
Dubai authorities deployed riot police to Sheikh Mohammed bin Ras
Qatar has recalled its ambassador from Cairo after an Egyptian diplomat accused the Doha government of supporting terrorism in a dispute over Egyptian air strikes on Islamic State targets in Libya.
Egyptian warplanes bombed sites
German pilots union Vereinigung Cockpit (VC) said further and more widespread strikes were possible in a row with Lufthansa over early retirement benefits, as a two-day strike at the airline's Germanwings budget unit draws to a close.
Jordanian air force jets bombed the hideouts of Islamic State militants in Syria, state television said, resuming the intensified raids that it first launched last week in retaliation for the killing of a pilot.
King Abdullah has
The United Arab Emirates has withdrawn from flying air strikes in the US-led international coalition campaign against Islamic State fighters, who are occupying parts of Iraq and Syria, US officials said.
The officials, who spoke o
Crude oil prices fell early on Monday after US unions called a refinery strike and traders cashed in on strong price gains last week when the market soared more than 8 per cent on a sharp drop in US drilling.
Brent crude oil futur
A number of Lufthansa flights are expected to be affected following the call for strike by German pilots' union VC for Monday and Tuesday after talks over early retirement benefits broke down.
The dispute, over proposed change