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Transcontinental geopolitical region
The Middle East is a geo-political region that is generally defined as encompassing all of Egypt and all of West Asia except for the Caucasus. It roughly corresponds with what was historically referred to in Western Europe as the Near East, which was juxtaposed with the Far East. Unlike West Asia's adherence to continental boundaries, the Middle East is demarcated by following political borders and consequently includes East Thrace in Southeast Europe because it is a part of Turkey.
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Oil prices fell on Monday as rising Middle East crude exports and a release of oil stocks by the Group of Seven nations boosted supplies.
By Florence Tan NEW DELHI/SINGAPORE, Oct 5 (Reuters) - Oil prices fell on Monday as rising Middle East crude exports and a release of oil stocks by the Group of
Investing.com-- Oil prices fell in Asian trading on Monday as rising crude exports from the Middle East and a planned release of emergency oil stocks by Group of Seven nations eased some immediate supply concerns, although heightened geopolitical tensions limited losses.