Monday 06 - 11:20
Iranian missile and drone strikes against two of the Middle East's largest aluminium smelters over the weekend have thrown global supply chains into disarray, driving prices to their highest level in four years and raising the prospect of a prolonged market deficit. Emirates Global Aluminium confirmed Saturday that its Al Taweelah smelter......
The United Arab Emirates is preparing to deploy its navy as part of a multinational coalition to forcibly reopen the Strait of Hormuz, a move that took on added urgency Tuesday after President Donald Trump suggested the United States could withdraw from the conflict with Iran within two to three weeks and leave the security of the waterway......
Toyota Motor reported a 2.3% decline in global sales for February, releasing the figures Monday as Japanese automakers face mounting supply chain disruptions stemming from the Middle East conflict, now entering its fifth week. Total sales, including subsidiaries Daihatsu Motor and Hino Motors, fell to 806,905 units, weighed down by fierce......
Deutsche Lufthansa has extended the suspension of several routes to the Middle East as the conflict involving Iran enters its fourth week with no clear signs of de escalation. The airline said flights to Dubai and Tel Aviv will remain suspended until May 31, while services to Abu Dhabi, Beirut, and Tehran are halted until October 24. The......
Ukrainian President Volodymyr Zelensky said the conflict in Iran is disrupting peace negotiations over Ukraine and straining critical missile supplies needed to defend against Russian attacks. Speaking to the BBC during a visit to London on March 17, he said the situation raises serious concerns for Kyiv. Zelensky said the growing focus of......
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