The U.S. Treasury announced late Wednesday that it has sanctioned an Iranian entity, newly created to oversee and manage the Strait of Hormuz.
Bahrain suffers wartime trade slump
The value of Bahrain’s trade fell by 14.5% in the first quarter of the year because of the impact of the Iran war. The value of imports slumped 17% and non-oil exports fell by 10% — a combination …
No, Iran and China Are Not ‘Winning’
For years, much of the American media has operated under a peculiar assumption: that the best way to confront adversaries such as China and Iran is to accommodate them. If the United States applies …
Iran war poses tough test to financial markets, ECB warns
The Iran war continues to test the resilience of EU banks and businesses, with rising energy prices driving up inflation and disrupting economic growth, the European Central Bank (ECB) warned on …
Inside India newsletter: Iran war disruptions, Modi’s appeal to boost India’s hospitality sector
Indian Prime Minister Narendra Modi’s appeal to curb foreign travel is proving to be a boon to the local travel industry.
Rubio visit to India pushes deeper energy ties as Iran conflict rattles global oil markets
Rubio wrapped a four-day India visit pushing American oil and gas exports as the Iran war disrupts global energy markets and New Delhi seeks to diversify its supply chains.
Bangladesh seeks IMF aid: How badly has Iran war hit its economy?
The International Monetary Fund (IMF) reports that Bangladesh has requested a new assistance programme as it struggles with the economic fallout of the United States-Israel war on Iran. We take a look …
Trump says he opposes Russia or China retrieving Iran’s highly enriched uranium stockpile
Nuclear analysts have said they could be a potential acceptable third party to the Iranian Republic to take possession of the enriched uranium, which could be used to make a nuclear weapon, as part of …
Pakistan would need to reissue all passports if it listens to Trump
Why Pakistan might need to reprint all passports if it does what Trump asks – Trump’s push to make it ‘mandatory’ for Muslim countries to recognise Israel throws Pakistan’s role as mediator in Iran ta …
China backs Pakistan’s mediation efforts between US and Iran
China has expressed support for Pakistan’s diplomatic efforts to mediate between the United States and Iran amid rising tensions in West Asia, with Chinese Foreign Minister Wang Yi saying continued …