US Treasury Secretary Scott Bessent on September 1 said that disruptions to energy shipments through the Strait of Hormuz will become inconsequential within the next two years as Gulf states …
West Asia
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Opinion: Tariffs And Sanctions All Over Again
by Sridhar Krishnaswami 6 minutes readIt is not easy to fight two different wars at the same time even if the two converge into a single canvas called economics. And it is certainly a challenge …
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Pakistan Says US-Iran Negotiations Ongoing Despite Renewed Military Hostilities
by UNIby UNI 2 minutes readPakistan has said that negotiations between Iran and the US were continuing despite a renewed escalation in hostilities, as CENTCOM confirmed launching another wave of airstrikes on Iranian targets following …
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Trump Asserts US Controls Strait of Hormuz Amidst Escalation of Tensions with Iran
by UNIby UNI 3 minutes readUS President Donald Trump has asserted that Washington is now controlling the Strait of Hormuz, as the US intensifies its military operations against Iran for the third consecutive day on …
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The negotiations between Iran and the United States in Switzerland were never passed off to be either friendly or without high dramas; and as expected the first day reportedly had …
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In a potentially landmark diplomatic breakthrough, the United States and Iran have signed the “Islamabad Memorandum of Understanding,” outlining a broad framework to end hostilities, ease regional tensions, revive commercial …
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Trump Says Negotiations With Iran Could Finalize Sooner Than Outlined in 60-day Timeline
by UNIby UNI 3 minutes readPresident Donald Trump said on June 16 that negotiations with Iran could conclude sooner than the 60-day timetable outlined in the jointly agreed on memorandum of understanding due to be …
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US-Iran Deal Could Give India an Economic Tailwind
by R. Suryamurthy 3 minutes readThe emerging US-Iran peace agreement may prove to be one of the most consequential geopolitical developments for India’s economy this year, offering relief on energy costs, inflation, trade logistics and …
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For more than a decade, Ramesh’s life followed a familiar rhythm. He worked at a petrochemical plant in Oman, sent money home every month to Andhra Pradesh, and dreamed of …
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World Bank Lowers Global Growth Projections to Weakest Level Since COVID-19 Amid West Asia Conflict
by UNIby UNI 2 minutes readThe World Bank has lowered its global growth forecast to its weakest level since the Covid-19 pandemic, warning that the economic fallout from the conflict in West Asia is spreading …