Iran continues to pose a threat the security of the region through various activities, including the attack on oil and natural gas facilities in the Kingdom of Saudi Arabia on September 14, Trump told the Congressional leadership in a letter on Tuesday.
The sources said Khan would travel to Tehran first where he would meet Iranian President Hassan Rouhani on Sunday. After the meeting, the prime minister will fly to Riyadh where he will meet the top Saudi leadership.
The attacks have already stoked concerns about reduced flows of crude oil on one of the world's key shipping routes, pushing up oil prices by as much as 4.5%.
Oil analysts indicate the possibility of supply disruptions on top of an already tight crude market sending oil prices ‘violently upward’. Some are even predicting another oil shock.
It found that more and more Mideast countries have acquired armed drones, either by importing them or by building them domestically.
President Donald Trump in May pulled the US out of the 2015 nuclear accord, saying it had "failed to achieve the fundamental objective of blocking all paths to an Iranian nuclear bomb" and did not deal with Tehran's "malign activities, including its ballistic missile programme and its support for terrorism".
Watch the video for a roundup of key happenings in the commodities market with a deep dive into some of the most active counters.
Going forward, we're deliberately investing in the future of our platform: big bets like Uber Eats; congestion and environmentally friendly modes of transport like Express Pool. Uber CEO Dara Khosrowshahi said.
"Had a very good phone call with @EmmanuelMacron, President of France. Discussed various subjects, in particular Security and Trade," Trump, who is vacationing at his New Jersey golf club, said on Twitter.
With an average 80 rooms, the company currently has 6,000 rooms and will be adding another 2,000 rooms with the completion of the pipeline, he said.
He lamented that America had wasted USD 7 trillion in wars in the Middle East
Palestine President Mahmoud Abbas said Modi's visit to the region reflects India's long-held position of supporting peace and stability in the region.
But that window may have already slammed shut, as diesel prices have retreated in tandem with this week's broad selloff among energy benchmarks. Since hitting a high of $2.1431/gallon on Jan. 26, diesel has dropped as much as 11 percent, and other tankers slated for New York have already been diverted elsewhere.
"We don't want to see the JCPOA go down and are working with our European partners to mitigate concerns the United States may have to ensure it continues." Britain's Minister for the Middle East said.
"The President and Prime Minister discussed next steps in forging peace in the Middle East. Both leaders also emphasised the urgency of addressing the humanitarian crisis in Yemen," the White House said.
The U.S. company said on Wednesday that Fraser Robinson was quitting as head of business for Europe, Middle East and Africa (EMEA), but would continue as a senior adviser to the company.
Jihad Azour, head of the IMF's Middle East department, said Riyadh would need to balance the huge cost of the zone and other economic projects with its drive to cut a big state budget deficit caused by low oil prices.
The airlines, both owned by the government of Dubai, said in a statement on Monday their expanded partnership would be rolled out over the coming months, kicking off with an enhanced code share agreement in the fourth quarter.
The company, which in April had opened its new manufacturing plant in Hungary -- its first outside India -- has already introduced specific products for markets including Malaysia, Thailand, Europe and India in the last fiscal.
Four refiners in the world's third largest crude importer bought 9 million barrels of Middle East and Russian crude loading in July-August via spot tenders last month, drawing down excess supplies in the market after China's demand slowed.
"By becoming part of the Amazon family, we'll be able to vastly expand our delivery capabilities and customer selection much faster, as well as continue Amazon's great track record of empowering sellers," said Souq.com's co-founder, Syrian-born entrepreneur Ronaldo Mouchawar.
When OPEC in November joined with several non-OPEC producers to agree to a historic cut in output, the group called time on a fight for market share that drove oil prices to a 12-year low and many shale producers to the wall.
The Press Trust of India(PTI) has named veteran journalist Vijay Joshi, who has spent three decades covering Asia and the Middle East, as the news agency's Editor-in-Chief.
Iran today rejected a warning from President Donald Trump over its latest missile test as unfounded and "provocative", reflecting growing tensions between Tehran and the new US administration.
The higher Asian refining margins have beat back concerns that profits would fall as crude oil prices gained as the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers began to implement their agreed production cuts from January to reduce global oversupply.