Tariqul Islam lost his savings after setbacks in his clothing business about a year and a half ago and turned to ride-sharing on his motorbike to make ends meet. Until recently, he spent hours in fuel lines as supply disruptions linked to the war in Iran ripple into Bangladesh.
US experience fighting Iran offers lessons for China, experts say
As the war in Iran enters its third month, it’s providing a window for China into how US military capabilities work under fire, and a useful reminder that, on any battlefield, the adversary always has …
War slows 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 fall on reports that US, Iran may be close to deal to end the war
Oil prices plunged Wednesday morning on news that the US and Iran may be within striking distance of a deal to end the war in Iran that has wracked the global energy market. Futures on Brent crude …
Gold’s Iran-war price decline shows the metal is doing one of its most important jobs
Gold has bucked its status as a safe haven during the Iran war, but it’s playing an important role for countries seeing disruptions to energy revenues.
The new great game: How Iran, America, Israel and the Gulf are rewriting the financial architecture of global power
When Brent crude surged past the psychologically critical $100-per-barrel mark this week after renewed military escalation around the Strait of Hormuz, traders in London, policymakers in Washington, …
State escalates trade row with China over Iran war ahead of Trump-Xi summit
Trump will depart for Beijing in just under a week, alongside a delegation of U.S. CEOs primed to stake out deals with the country’s geopolitical rival.
U.A.E. Expels Pakistani Workers, as Pakistan’s Peacemaking Creates a Rift
As Pakistan mediates between the U.S. and Iran, its ties to the Emirates have deteriorated. Pakistani workers say they are now being sent home en masse.
US sanctions companies and individuals in the Middle East and China for helping Iran
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 …