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ECONOMIC CRISIS IRAN
Hormuz closed again: Will the US-Iran MoU soon sink in the strait?Iran has closed the Strait of Hormuz, citing Israeli actions in Lebanon, a move that plunged a new US-Iran deal into crisis. The agreement ...
Pakistan: Workers protest inflation, warn government of nationwide agitationProtesters in Lahore, including labour groups and transport workers, voiced anger over soaring inflation and utility costs, accusing the go...
Cuba unveils historic package of free-market reformsIn a landmark speech to National Assembly, Prime Minister Manuel Marrero detailed 176 measures aimed at rolling back the state's role in th...
US-Iran war: There are many questions about the peace deal. Here are (some) answers.US-Iran deal: A new agreement between the United States and Tehran aims to end the war and reopen the vital Strait of Hormuz. Sanctions on ...
US-Iran deal redraws the Middle East: Tehran gains, rivals alarmedA landmark U.S.-Iran interim deal, signed by Presidents Trump and Pezeshkian, ends a three-month war and extends a ceasefire. While hailed ...
Trump signs Iran ceasefire deal, warns of renewed bombing if Tehran violates pactThe U.S. and Iran have released an interim agreement to end their war, with President Trump threatening renewed attacks if commitments are ...
Oil slips again as US, Iran sign peace dealOil prices dropped as the U.S. and Iran reached an interim agreement to end the war, reopen the Strait of Hormuz, and lift sanctions on Teh...
Trump says Israel has Iran MoU copy as deal nears; calls Iranians ‘tough negotiators’US President Donald Trump revealed Israel received a proposed Iran nuclear deal draft. He expressed optimism for a swift agreement and anno...
TotalEnergies' Saudi Arabia refinery will not be fully repaired until early 2027, CEO Patrick Pouyanne tells French lawmakersTotalEnergies' SATORP refinery in Saudi Arabia is operating at reduced capacity after drone attacks. Full repairs are expected by early 202...
IEA sees gradual Hormuz recovery tipping into significant 2027 surplusThe global oil market is set for a gradual recovery. The Strait of Hormuz will reopen following a US-Iran agreement. This ends a major oil ...
US President Donald Trump's Iran war weighs on G7 economies, but don't expect hard talk in FranceGlobal economic leaders gather in France amid rising inflation and oil prices. A recent deal between the U.S. and Iran offers optimism, but...
A 60-day clock starts ticking on the US-Iran peace agreementA peace agreement between the United States and Iran has been announced. This marks the end of a period of intense fighting. The core of th...
Russian President Vladimir Putin hosts ASEAN leaders amid G7 pressure on Ukraine warPresident Vladimir Putin hosts a summit of Southeast Asian leaders in the central Russian city of Kazan from Wednesday, as the West pressur...
Iran war is a 'wake-up call' for Southeast Asia's energy sector, report saysA war in Iran has highlighted significant energy risks for Southeast Asia. The region faces a potential tripling of its energy import bill ...
Durable US-Iran peace deal to provide predictable environment for trade: CRFA US-Iran peace deal promises greater regional stability. This will benefit Indian exporters with reduced costs for shipping, insurance, an...
After Iran, China has a powerful new oil price weaponChina has emerged as the world's first oil "swing importer," significantly reducing its imports by a third to an eight-year low. This move,...
What is the G7 and what's on the agenda at the Evian-les-Bains summit?G7 leaders convene in France to tackle pressing global issues including the wars in Ukraine and Iran, and economic imbalances. Discussions ...
Trump veers toward exit in Iran war but risks loomPresident Trump has reached a preliminary peace deal with Iran. This agreement aims to end a costly war and stabilize global energy markets...
Proposed US-Iran deal hinges on plan of sequenced rewardsPresident Donald Trump’s proposed Iran deal follows a phased approach under which the Strait of Hormuz would reopen first, while Iran would...
Trump's proposed Iran peace deal hinges on risky plan of sequenced rewardsA new Iran deal is taking shape. It focuses on reopening the Strait of Hormuz first. Iran will get economic benefits later as it meets US d...