The moves target 11 entities and three individuals based in Iran, China, Belarus and the United Arab Emirates.
When distant wars disrupt fuel: Bangladesh’s refinery imperative
Bangladesh’s rising fuel demand and limited refining capacity have created a critical strategic vulnerability. As tensions involving Iran threaten the Strait of Hormuz — through which nearly a quarter …
China says April exports jump 14.1% from a year ago ahead of Trump-Xi summit
China says exports have risen 14.1% in April from a year earlier, despite the Iran war and lingering impacts from higher U.S. tariffs.
US revises UN resolution on Iran but China, Russia still expected to veto
May 8 (Reuters) – Washington has revised its proposed U.N. resolution demanding Iran halt attacks and mining in the Strait of Hormuz but the changes are unlikely to avert Chinese and Russian vetoes, …
An Iran Peace Deal Could Be Getting Close — and Here’s the Case for Another Bullish Trump Rally
Broad markets got a nice boost going into the midweek as hopes for an Iran-U.S. peace deal spiked. Undoubtedly, things could go either way as the U.S. awaits Iran’s response to its one-page proposal.
An Iran Peace Deal Could Be Getting Close — and Here’s the Case for Another Bullish Trump Rally
Broad markets got a nice boost going into the midweek as hopes for an Iran-U.S. peace deal spiked. Undoubtedly, things could go either way as the U.S. awaits Iran’s response to its one-page proposal.
The Iran war exposes fiscal fragility around the world
By Ben Aris in Berlin The Iran war has arrived at the worst possible fiscal moment for most of the world’s major economies. Governments that spent heavily through Covid, ramped up defence budgets in …
Air India to Cut Costs, Reduce Flights as War Worsens Financial Struggles
Air India Ltd. is looking to implement measures to cut costs and reduce flights in the wake of the Iran war, people familiar with the matter said, just as the unprofitable airline searches for a new leader to navigate an exceptionally difficult period.
War slows down Qatar’s property growth again
Qatar’s already-struggling property market remained stagnant in the first three months of the year as the US-Israeli war with Iran thwarted any hopes of growth. And without a thriving job market or …
Oil prices rise as US and Iran exchange fire in Strait of Hormuz
Oil prices rose and stock markets pulled back slightly on Friday after the US and Iran exchanged fire in the Strait of Hormuz, although Asian markets remained on course for their strongest weekly …