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Saudi Arabia has long said that a condition of normalizing relations with Israel would be a pathway toward Palestinian statehood, a prospect that Israel's current government has rejected.
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An Iranian military group has issued a warning to the UK over allowing US forces to use British bases for strikes on Iran.
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CEO of Indian pharma company Dr Reddy's has warned that Trump's proposed tariffs on generic drugs will make them more expensive for patients.
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After staying flat as the U.S.-Iran war heated up again, equities tumbled on Thursday after oil prices crossed $100 per barrel.
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Opponents warn that a U.S.-Saudi deal could be a step toward the kingdom building an atomic bomb. But there are other reasons for the world's largest oil exporter to diversify its energy mix.
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;Resize=(620)) U.S. President Donald Trump said on Thursday he would hold ?Iran accountable for any attacks by Yemen's Houthi militants, who ?said this week they ?were imposing a naval blockade on Saudi Arabia.
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The recent rebound reflects traders' growing concern about the expanding war, which now extends from the Persian Gulf to the Red Sea.
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Oil prices rose Thursday to their highest level since early June after the latest Iran war escalation threatened severe new disruption to global supplies.
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The threat of attack has never been higher, the boss of Europe's biggest defence contractor has warned.
Dr Charles Woodburn
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Three military officials and a Pentagon spokesman gave conflicting explanations for why the number of Americans killed in the Iran war had changed.
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The price of Brent crude rose more than 5% on Thursday as the war in the Middle East continues to escalate.
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President Trump is facing a critical moment in the war, which has failed to bring about the "unconditional surrender" he once demanded.
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