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As OPEC+ meets, Iran war hobbles power to shape oil marketOPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since Strait of Hormuz...
Minority affairs ministry plans major AI rolloutThe minority affairs ministry is integrating artificial intelligence into its services. AI chatbots and voice solutions will soon support c...
Oil well the damage control machineryAs India grapples with escalating fuel and plastic costs, the situation is further exacerbated by supply disruptions in West Asia, jeopardi...
Trump Board of Peace's official Gaza fund is emptyPresident Trump's Board of Peace Gaza reconstruction fund remains empty. Despite pledges of billions from member nations, no money has been...
Oil Price Today (May 27): Crude oil hovers near $100 amid mixed cues on Iran war peace deal. What are experts saying?Brent crude prices remained volatile as U.S. strikes in southern Iran and mixed signals from President Trump over talks with Tehran kept tr...
When will US-Iran war end, Strait of Hormuz reopen? Marco Rubio reveals details after White House launches heavy strikesIran and the U.S. had indicated progress on a memorandum of understanding that could halt the war and restart shipping through the blockade...
India's job engine strains as Iran war hits remittances and tradeThe Middle East conflict is impacting India's economy by forcing migrant workers home and reducing demand for manufactured exports. This do...
Mukesh Ambani’s $4 billion Jio IPO hits Iran war roadblockReliance Industries' planned IPO for its digital arm, Jio Platforms, faces significant hurdles due to geopolitical tensions and market vola...
No, the Iran war won’t ground your European holiday flightA commentary on the US-Iran conflict says European summer flights are unlikely to face major disruptions for now, despite earlier fears ove...
Gulf shipping standoff hits world’s most vulnerable farmersGlobal supply chain disruptions, exacerbated by international conflicts, are making essential farming inputs scarce and unaffordable for sm...
Why is the UAE, OPEC’s third-largest oil producer, leaving OPEC? Will Iraq or Kuwait leave next, and what it means for oil prices and the cartel’s futureWhy is UAE leaving OPEC, will Iraq or Kuwait leave next? Nearly 3.5 million barrels per day are now at stake. The Organization of the Petro...
Iran war: Indian alternative investment firms in Gulf stare at sea of uncertaintyIndian investment firms face a pause in Gulf capital. Regional conflict makes investors cautious. High-net-worth individuals and family off...
US Stock Market: Bessent signals expansion of currency swap lines to Gulf and Asian nationsSeveral Gulf allies and Asian economies are seeking US dollar liquidity through foreign exchange swap lines, according to Treasury Secretar...
UAE asks US for a wartime financial lifeline as Iran conflict drags: ReportThe United Arab Emirates is in discussions with the United States regarding a potential financial backstop. This measure is being considere...
IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutionsGlobal finance leaders met amid Middle East war news. They acknowledged their limited ability to counter economic damage from frequent geop...
The Hormuz blockade is as much about China as IranThe US plans to block Iranian oil exports to pressure Tehran and indirectly target China, its main buyer. While Iran has earned higher reve...
Oil prices jump 7% to top $102/ bbl ahead of US blockade on IranOil prices jumped back above $100 a barrel on Monday as the U.S. Navy prepared to block ships to and from Iran via the Strait of Hormuz in ...
Iran, UAE set to come face to face at BRICS India meetIndia hosts a crucial BRICS meeting under its presidency. Senior officials from the UAE and Iran will meet for the first time since the Wes...
Charting the global economy: War fuels inflation, saps sentimentSurging fuel costs from the Iran war are driving a rapid increase in global inflation and a significant drop in consumer confidence.
Saudi Arabia says Pakistan sends fighter jets to kingdom under defence pactPakistan has deployed fighter jets and military forces to Saudi Arabia. This action strengthens security under a defense pact. The move fol...