Day News Recap: Riyadh airport attacks widen Middle East tensions as energy shock deepens
Saudi Arabia said it would respond seriously after Houthi attacks on King Khalid International Airport in Riyadh, where two strikes left 14 people dead and more than 300 injured, according to the civil aviation authority. The airport was also suspended as Gulf allies voiced support for a stronger security response. 🔗 🔗The escalation comes as the International Energy Agency warned the world is facing the biggest energy crisis ever, with disruption from the Iran, US war now stretching beyond seven months. Iran also threatened to disrupt US and UAE oil shuttle operations in the Strait of Hormuz, while diesel markets... [Continue Reading]
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Breakfast News Recap: Riyadh airport hit again as global tensions, politics and markets stay on edge
Saudi Arabia said one person was killed and 11 others injured when a projectile struck King Khalid International Airport in Riyadh, the latest attack to hit the capital’s air hub and a fresh escalation after earlier strikes on the city. 🔗In the Middle East, Iran said it was ready to help facilitate talks between Saudi Arabia and Yemen’s Houthis after a call between the two countries’ foreign ministers, even as ceasefire tensions persisted in southern Lebanon where two men were killed during the olive harvest in Bint Jbeil district. 🔗 🔗Elsewhere in the region, Israeli Prime Minister Benjamin Netanyahu called... [Continue Reading]
BBC investigation says Deloitte helped falsify documents in Abramovich tax case
A BBC investigation has found that the world's biggest accountancy firm helped falsify documents to hide Roman Abramovich's wealth and evade tax. The findings centre on accounts signed off by Deloitte in Cyprus, which allegedly caused assets worth $672m to disappear from company records. The material was revealed in a joint investigation with the Bureau of Investigative Journalism.The documents cited in the investigation relate to assets including superyachts, mansions and private jets. According to the report, Deloitte also appears to have advised on a scheme to avoid a large tax bill through the falsification of documents. Barrister Andrew Mitchell KC,... [Continue Reading]

