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Western region of Asia
West Asia is the westernmost region of Asia. As defined by most academics, UN bodies and other institutions, the subregion consists of Anatolia, the Arabian Peninsula, Iran, Mesopotamia, the Armenian highlands, the Levant, the Sinai Peninsula and the South Caucasus. The region is separated from Africa by the Isthmus of Suez in Egypt, and separated from Europe by the waterways of the Turkish Straits and the watershed of the Greater Caucasus. Central Asia lies to its northeast, while South Asia lies to its east.
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Oil prices have been swinging wildly in recent months amid uncertainty about when the war with Iran will allow the flow of crude to be fully restored. Brent crude rose 1.9% to $99.88 a barrel.
Oil prices gained about 2% after China suspended oil product exports as investors assessed global fuel supplies and Middle East developments.
European stock markets tumbled in Thursday trading as government bond yields and crude oil prices co