Oil shipping rates from the Gulf of Oman to China have reached record highs this week. This surge follows recent attacks on shipping and mi...

Europe experienced its busiest summer holiday air traffic ever this year. A daily average of 35,959 flights operated across the continent. ...

The Iran-backed Houthis seized control of Yemen's entire Red Sea coast and captured three strategic islands on Friday, in a lightning offen...

The Iran-backed Houthis, who have for years controlled large parts of northern Yemen, launched a large-scale offensive last week against Sa...

India's economy stands out as a powerhouse of global growth, as noted by the IMF. The second quarter showcased an impressive 7.8% growth, s...

The global economy has weathered the energy shock better than feared. Economic output is still expected to expand by about three percent in...

India hosts the BRICS Leaders' Summit this weekend seeking to boost its global profile. The summit faces challenges due to the Iran-UAE con...

Nestle is increasing prices and reducing product offerings to manage rising costs. Higher energy and raw material expenses are impacting su...

The escalation of hostilities in the region bordering Yemen is already deepening worries about additional supply disruptions as energy ship...

Six commodity vessels transited the Strait of Hormuz on Tuesday, a decrease from the previous day. Meanwhile, twenty-five commodity vessels...

Goldman Sachs has raised its Brent and WTI crude price forecasts by $5 a barrel for December 2026 and 2027, citing prolonged Middle East sh...

Oil prices surged on Tuesday as tensions in the Middle East escalated. Iran's warnings of potential retaliation fueled concerns over supply...

US sanctions have suspended essential English proficiency exams within Iran. Many Iranian students now face significant financial burdens t...

Indian beverage firms are increasingly using glass and PET bottles for packaging. This shift occurs as the West Asia conflict disrupts alum...

The latest escalation came on Saturday when U.S. forces struck three Iranian oil tankers, according to U.S. Central Command. One of the ves...

Oil prices experienced a significant rise on Monday, following a spike in tensions between the US and Iran. The US struck three Iranian oil...

OPEC+ is expected to keep its oil output policy unchanged for October. The group needs to agree new quotas before deciding future output st...