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REGIONAL CRISIS IN THE MIDDLE EAST
India’s Rs 34,284-crore Basmati trade gets a logistics boost with Iraq shipping planIREF has introduced a bulk-shipping initiative aimed at cutting freight costs for Basmati rice exports to Iraq. This initiative will lower ...
Kashmiri leaders Mirwaiz, Bukhari condemn attack on Saudi Arabia airportThe recent assault on King Khalid International Airport in Riyadh has thrown Kashmir's political landscape into a state of concern. Leaders...
Gold steady as markets strap in for inflation dataGold prices showed little movement as early Asian trading commenced, with many awaiting US inflation data this week. Spot gold remained ste...
World Bank in talks with 30-40 countries over aid to tackle Middle East energy shockThe World Bank is in talks with numerous countries to address energy price increases stemming from the Middle East crisis. While the global...
Putin relays Iran's peace stance to Trump: KremlinPutin met Iranian President Masoud Pezeshkian on the sidelines of a summit in Turkmenistan earlier this week, where the Russian leader expr...
World economic growth to slow to 2.6% in 2026, UN trade body saysGlobal economic growth is projected to slow to 2.6% in 2026 amid energy shocks from the Middle East crisis. Trade in goods and services is ...
Putin offers help to Iran to end Middle East war ahead of CIS summitRussia's President Vladimir Putin met with Iran's Masoud Pezeshkian to discuss ending the Middle East conflict. During their talks in Turkm...
Attack risks rise for tankers as Iran vows to block more Hormuz routesTankers face growing risks of attacks and intimidation while navigating the Strait of Hormuz after Iran warned regional countries against o...
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...
81 US aircraft lost in Iran war: Why the MQ-9 Reaper losses could be a bigger warning for America than the billions spent replacing themThe United States has reported losses of 81 military aircraft during its ongoing conflict with Iran. Among these, 45 MQ-9 Reaper drones, us...
India shuns costly Russian oil as Middle East flows recoverIndian refiners have decreased their purchases of Russian crude oil for November delivery as prices rise. Competition from China is further...
IMF reaches staff deal with Pakistan, potentially unlocking $1.2 billionThe International Monetary Fund has achieved a staff-level agreement with Pakistan for its lending programs. This agreement could potential...
Putin backs mediation efforts on Middle East war, tells Iran Moscow ready to help as US-Iran talks hit impasseRussian President Vladimir Putin told his Iranian counterpart Masoud Pezeshkian in a phone call that Moscow was ready to help efforts to me...
HCLTech expands South Africa operations with new regional headquarters in JohannesburgHCLTech is expanding its footprint in South Africa with a state-of-the-art regional headquarters in Johannesburg. This new facility boasts ...
EIA raises oil price forecasts as Iran war tightens global marketsThe EIA raised its oil price forecasts, citing tight global inventories, limited diesel supplies and ongoing Middle East supply risks. Bren...
Global Market: Gulf oil flows rebound to 81% of pre-war levels in SeptemberGulf oil flows excluding Iran recovered to 81% of pre-war levels in September, supported by a sharp rebound in Saudi Arabian exports. Crude...
US bombers redeployed to home bases after RAF Fairford terror attack probeThe U.S. Air Force has brought home its bombers stationed at RAF Fairford due to security concerns. An investigation into a potential terro...