US President Donald Trump said the ongoing naval blockade in the Strait of Hormuz is not only a military operation but also a move with significant economic and commercial implications, …
The escalating conflict in the Middle East is triggering global consequences, with United Nations Secretary-General António Guterres warning that the situation is deteriorating “with each passing hour,” particularly amid restrictions …
The Iran war and broader Middle East instability are forcing governments, airlines, travelers and mobility-service providers to confront a new reality. Cross-border movement can no longer be treated as a …
US Secretary of the Treasury Scott Bessent said that Washington had grabbed Iranian crypto assets worth around $500 million. “We were able to grab about $350 million of the crypto …
The UAE, in a startling announcement, said that it will withdraw from OPEC and the wider OPEC alliance, effectively ending nearly six decades of cooperation, in a move carrying potentially …
A projected 24% surge in global energy prices this year is set to anchor a broader, longer-lasting commodity shock, with inflationary pressures and slower growth likely to persist into 2027 …
Iran has taken a major step toward restoring normal air connectivity, resuming international commercial flights for the first time since February 28, following weeks of airspace disruption caused by US …
The United States has canceled the visit of its representatives to Pakistan for talks with Iranian representatives at the last moment. “I just canceled the trip of my representatives going …
The United States has escalated its sanctions campaign against Iran’s energy and maritime networks, unveiling a sweeping new round of measures under “Economic Fury” aimed at disrupting Tehran’s global oil …
The United States is not going to prolong waivers for Russian and Iranian oil and petroleum products, US Secretary of the Treasury Scott Bessent told Associated Press (AP). “Not the …
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