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IRAN ECONOMIC CRISIS
‘Major food crisis’ looms in coming months: S JaishankarS. Jaishankar highlighted the looming food crisis caused by fertiliser shortages from geopolitical tensions in Ukraine and the Gulf. He emp...- Iran indicates it received official US response to its latest offer on ending warThe US has formally responded to Tehran's recent war proposal, challenging Iranian officials amidst ongoing economic sanctions that severel...
- US 30-year Treasury yield tops 5.6%, reaching highest level since 2002Yields on the 30-year US Treasury bond have risen to levels not seen since 2002. This increase is part of a prolonged selloff in the global...
- China, US slash tariffs on USD 30 billion on imports: Chinese Commerce MinistryIn a significant development, China and the United States have finalized ten key outcomes during their recent economic and trade discussion...
- Trump offers Iran sanctions relief, frozen funds for concrete nuclear progressNegotiations between the United States and Iran are ongoing, with discussions mediated by foreign officials. President Donald Trump has ind...
- India has ‘insulated' itself from the 'turbulence' of crude supply shock: Hardeep Singh PuriUnion minister Hardeep Singh Puri said India has so far insulated itself from crude oil and natural gas supply disruptions caused by the We...
- China, US agree to $30 billion tariff cut, AI dialogue during Xi visitRecently, China and the US have come together to hammer out a deal where both countries will cut tariffs by $30 billion. This agreement, pa...
- Jaishankar meets Russia, Iran foreign ministers at UNGA days after Trump signs sanctions lawDuring the UN General Assembly, India's External Affairs Minister S. Jaishankar conferred with officials from Russia and Iran, highlighting...
- How Trump's diplomatic week exposed the limits of his powerUS President Donald Trump sought to project diplomatic strength through his UN address and summit with Chinese President Xi Jinping, but th...
- India to continue diesel exports despite US ban threat, says Hardeep Singh Puri amid global fuel crunchIndia's Oil Minister Hardeep Puri reaffirmed the commitment to diesel exports amid potential US restrictions. The global diesel market face...
- Allies unite behind Saudi Arabia as Houthis step up attacksSaudi Arabia, Turkey and Pakistan will hold an urgent, high-level meeting under a joint defence pact to discuss ways to support the kingdom...
- US, Iran explore phased deal to reopen Hormuz, lift economic blockade: ReportNegotiators from the US and Iran are discussing a phased resolution to their ongoing conflict. This approach could involve Iran reopening t...
- Gulf nations have found ways to keep oil flowing through the Iran war, but the costs are mountingIran's closure of the Strait of Hormuz initially raised concerns about soaring oil prices impacting the global economy. However, Gulf produ...
- Skyrocketing diesel prices rattle Republicans as midterms approachDiesel fuel prices have reached record highs due to ongoing conflicts in the Middle East and related supply issues. Republican candidates a...
- US diesel futures fall on report of export ban plan; White House calls it fake newsUS diesel futures fell significantly following reports of a potential 90-day export ban. President Donald Trump expressed his support for t...
- A Bangladeshi garment maker is stitching its way through the Middle East energy crunchEnergy shortages are disrupting production at most Bangladeshi garment factories. Buyers are canceling or reducing orders due to these powe...
- Trump warns he has entered 'deciding mode' on Iran, says 'big things' are in storePresident Trump warned Iran of significant consequences for its behavior. He is considering options ranging from economic pressure to milit...
- US economy enters higher-rate era as inflation, AI boom persistThe US economy may be entering a prolonged period of higher interest rates as persistent inflation, government borrowing and massive AI inf...
- Oil prices are high but could be much worse. Trump has China's Xi to thank for thatChina's vast oil reserves and reduced imports helped stabilize global prices. This strategy mitigated the impact of the ongoing conflict in...
- China presses Iran to help rein in Houthis after Saudi appeal, sources sayChina has privately urged Iran to help control Yemen's Houthis. Saudi Arabia sought Beijing's assistance as Houthi threats grew significant...
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