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President sends hand-written note to Fed chairman comparing US interest rates with rest of the world
US consumer spending drops while inflation remains largely unchanged, new data shows
Fund also disburses about $134 million upon completion of third review of its External Fund Facility arrangement
About 20,000 passengers were forced to divert on Monday
Middle East experts assess seismic regional shifts at Petro Diplomacy Conference
Tehran takes no action on Strait of Hormuz after growing fears of shock to energy supplies
Recent projections point to division in central bank
Central bank chairman holds cautious approach after rates kept steady
Projections point to lower growth and higher inflation in coming months
Mariam Almheiri says first phase of 'AI clusters' to be online by 2026
Adnoc chief says UAE is keen to expand energy partnership with the US
Investors to turn attention towards Fed's updated economic forecasts
Legislators are debating bill that would increase costs before year's end
Brent and WTI crude futures settle around $74 a barrel after spiking more than 13% in immediate aftermath
'It's gonna keep going down a little bit, right?' US president asks of oil prices