The ship’s U-turn is a metaphor for the dramatic reversal in the fortunes of Russia’s energy industry since the start of the Iran war. The de facto closure of the Strait of Hormuz has trapped around …
Exclusive-Iran lets two gas tankers sail to India through Hormuz, sources say
By Nidhi Verma and Jonathan Saul NEW DELHI, March 13 (Reuters) – Iran has allowed two Indian-flagged liquefied petroleum gas carriers to sail through the Strait of Hormuz, four sources with direct …
Iraq is caught in the crossfire of the Iran war, with attacks by both sides on its soil
Iraq is caught in the crossfire of the Iran war and is the only country facing strikes from both sides, threatening to drag the nation that has so far avoided two years of regional turmoil into a full …
Japan to consider whether to buy Russian crude following US sanctions waiver
By Yuka Obayashi TOKYO, March 13 (Reuters) – Japan will consider whether to buy Russian crude after the U.S. issued a 30-day sanctions waiver amid the Iran war by taking into account international …
Japan taps oil reserves as Iran war spreads. Could it give China leverage?
With Tokyo and Beijing still at loggerheads over Taiwan, analysts warn Japan’s decision exposes its economic vulnerability Japan’s unilateral decision to release oil from its emergency stockpiles …
Comment: Iran’s bankruptcy is its best weapon against the wealthy Gulf states
There is an old saying, attributed to the British Foreign Office in colonial days: ‘Keep the Persians hungry, and the Arabs fat.’ Washington appears to have taken that advice to heart. The trouble is, …
Strategic Stakes Rise for Bangladesh as Iran Targets Gulf Neighbors
There are practical ways in which Bangladesh could contribute to the security and stability of the Gulf without becoming directly involved in military confrontation.
India Asks Iran to Allow Tanker Armada Through Hormuz
India is in active talks with Iran to allow at least 23 tankers through the Strait of Hormuz with the first crossings expected by the weekend, two Indian government officials told The Wall Street …
India’s Modi reaches out to Iran as energy crunch fears grip the South Asian nation
The closure of the Strait of Hormuz for longer could deepen the worries of the world’s fastest-growing economy …
Gulf banks close branches as Iran drones unsettle Dubai finance hub
International and local banks across the Gulf region have closed branches and told staff to work from home after debris from an Iranian drone hit a building on the outskirts of the Dubai International …