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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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The price for a barrel of Brent crude is back above $104, while the U.S. stock market is pulling further from its record. The S&P 500 dipped 0.5% Thursday and
Some sharp reversals are keeping financial markets unsteady, as oil prices rise and U.S. stock indexes swing. The S&P 500 fell 0.6% Thursday and was heading for a second straight
The price of Brent crude oil has jumped more than 4% as rising tensions in the Middle East add to uncertainties over supplies. Share prices fell in Europe and Asia