Washington, Tehran, Riyadh, Abu Dhabi, Cairo, Istanbul and Brussels have all received calls as Pakistan plays mediator between the United States and Iran.
Pakistan Could Be a U.S.-Iran Peace Broker
It’s a rare country that has warm ties with both the United States and Iran and is engaged with the highest levels of both governments. Meanwhile, Sharif and Munir have met with Trump as well, …
Philippines declares national emergency as Asia risks energy crisis amid Iran war
The Philippines has declared a national energy emergency in response to the U.S.-Israeli war with Iran, marking the latest sign of strain in Asia as the Middle East conflict stifles oil delivery and …
Asia embraces energy austerity as dire fuel shortages force Philippines to declare national emergency
As the war with Iran drags on, energy-starved nations in Asia –– including close US allies –– are resorting to increasingly extreme measures to keep their economies afloat.
South Korea to carry out bond buyback, raise fuel price cap to cushion blow from Iran conflict
South Korea on Thursday said it will carry out a 5 trillion won ($3.32 billion) emergency bond buyback and expand fuel tax cuts starting Friday to protect the economy from a global market rout …
South Korea to raise fuel price cap but expand tax break to cushion blow from Iran conflict
By Jack Kim SEOUL, March 26 (Reuters) – South Korea will raise a cap on fuel prices effective Friday at midnight and expand fuel tax breaks to ease the burden on consumers dealing with the fallout …
Iran war is a ‘catastrophe,’ G7 ministers warn — but there’s little they can do to stop it
European leaders and ministers issue warnings about the impact and potential consequences of the Iran war …
Iran war is a ‘catastrophe,’ G7 ministers warn — but there’s little they can do to stop it
European leaders and ministers issue warnings about the impact and potential consequences of the Iran war …
‘Worst nightmare’: Iran war is the biggest oil shock in history, analysts say
As the war in Iran enters its fourth week, analysts warn that the conflict’s scale and disruption to the oil market are “incomparable.” …
Iran drafting law to introduce tolls for Hormuz transit
The semi-official Fars news agency said the plan would be finalised next week, and would legally recognise Iran’s oversight of the strait.