Tensions in the Middle East will affect energy prices and impact countries far away, like Singapore: SM Lee

Date:

Share post:


SINGAPORE: The tensions in the Middle East will affect energy prices and impact countries far away, such as Singapore, Senior Minister Lee Hsien Loong said on Saturday (Feb 28).

“Today, Israel and the US together attacked Iran, jointly. The war has begun, Iran has struck back,” he said, adding that it would be hard to tell how the war would end.

For weeks, tensions between the US and Iran have been building up, and the US has assembled a “huge military force” in the Middle East, he said.

Mr Lee also pointed to the tariffs imposed by the US administration, which in the past week were ruled illegal by the US Supreme Court.

The US administration…



Source link

spot_img

Related articles

Precision and Resonance: A Strategic Guide to Healthcare PR Distribution in the GCC

DUBAI, UAE – (ARAB NEWSWIRE) — The healthcare sector in the Gulf Cooperation Council (GCC) is undergoing...

الدقة والتأثير: دليل استراتيجي لتوزيع العلاقات العامة للرعاية الصحية في دول مجلس التعاون الخليجي

دبي، الإمارات العربية المتحدة – (ARAB NEWSWIRE) — يشهد قطاع الرعاية الصحية في مجلس التعاون الخليجي (GCC)...

Navan CTO’s bullish take: ‘Do not use LLMs; use agentic systems’

AI agents are poised to replace standalone LLMs in the enterprise, if Ilan Twig CTO and co-founder...

Paula Scher’s First Foray Into Automotive Design: Why the Premium G Series Is the “Only Answer”

Beijing, China — (ARAB NEWSWIRE) — In the high-end off-road world, truly capable vehicles rarely need lengthy...