Strait of Hormuz, uranium and oil prices: The three issues now standing between Trump and an Iran war dealEfforts to resolve the US-Iran war are heavily influenced by Iran's nuclear program and shipping routes. The Strait of Hormuz plays a cruci...
Saudi, UAE join Japan-led push to bolster Asian oil buffersSaudi Arabia and the United Arab Emirates are joining Japan's efforts to strengthen oil supply security in Southeast Asia. This collaborati...
Conflicts in West Asia and Persian Gulf claimed 11 Indian seafarers' lives: GovernmentConflicts in West Asia and the Persian Gulf have led to the deaths of 11 Indian seafarers. The Indian government successfully repatriated 4...
Indian firms seen posting faster profit growth despite global headwindsIndian companies are projected to achieve profit growth during the September quarter despite various challenges affecting different sectors...
Tanker attacks in Hormuz hit highest of any week since start of US-Iran warAttacks on tankers in the Strait of Hormuz reached unprecedented levels during the week of September 28 to October 5. There were at least 1...
US stocks: S&P 500, Nasdaq retreat from records as oil and Treasury yields reboundIn a market retreat, the Nasdaq and S&P 500 pulled back from their record highs amid rising Treasury yields and oil prices. Investors remai...
Iraq devalues its currency as Mideast war disrupts oil shipping routesIraq has officially devalued its currency from 1,300 dinars to 1,500 dinars to the US dollar. The Central Bank announced this decision foll...
Vance, in interview, says Iran must make ‘meaningful’ enrichment cuts to end seven-month warUS Vice President JD Vance stated that Iran must significantly reduce its nuclear enrichment capacity to meet US demands. Vance expressed u...
The day the fault lines cracked: October 7’s aftershocks travelled from Israel and Gaza to Iran, Red Sea and $100 oilIt started at the Gaza border. Then came Hezbollah, Houthi attacks, rerouted ships, an Israel-Iran war, American strikes and an oil shock. ...
Trump plans to ease access to tax-free dieselThe oil stockpiles that cushion the world from supply shocks have become "scarily thin," putting markets at risk of worsening unless Hormuz...
Diwali gifting gets pricier as pistachio, almond rates surge on US-Iran war, higher freight and weak rupeePrices for nuts and dry fruits have increased significantly this festive season due to supply issues. Sourcing challenges from key supplier...
These stocks defy market volatility, extend rally beyond US-Iran ceasefireThe US-Iran war, which commenced on February 27, caused significant volatility in the equity markets, impacting key benchmarks. By October,...
Pilot stabbing raises aviation security questions, further unsettles region shaken by US-Iran warThe attack on a flydubai flight from Dubai to Tel Aviv has disrupted regional aviation, prompting the UAE to suspend commercial flights to ...
Department of Commerce extends RELIEF program timelines to support exporters facing geopolitical risksThe Department of Commerce announced an extension of timelines under Component II of RELIEF - Resilience & Logistics Intervention for Expor...
September LNG shipments through Hormuz hit highest since start of US-Iran warIn September, the number of liquefied natural gas cargoes shipped through the Strait of Hormuz increased significantly. A total of 19 cargo...
US Iran war: Oman calls for self-restraint, dialogue in Mideast conflictOmani Foreign Minister Badr Albusaidi called for self-restraint from all parties involved in the Middle East war. He emphasized that Oman i...
US Iran war: Tehran insists on diplomatic solution after Trump rejects peace planIranian Foreign Minister Abbas Araqchi emphasized that diplomatic solutions are essential for resolving tensions with the US and Israel. US...