Keywords: Crisis
A Russian oil tanker under international sanctions is expected to arrive in Cuba, carrying a significant shipment of crude oil as the island faces a deepening energy crisis. The vessel is reportedly transporting hundreds of thousands of barrels and is heading toward a major Cuban port. Cuba, home to......
One month into the U.S.-Israeli war against Iran, the economic shockwaves of the conflict are spreading well beyond the Middle East, pressing households and industries across three continents. Iran's effective blockade of the Strait of Hormuz, through which roughly one fifth of global oil and liquefied......
Four weeks into the war between the United States, Israel and Iran, the near-total paralysis of the Strait of Hormuz has blocked one third of global seaborne fertilizer trade, triggering a price surge and prompting the United Nations to warn of a "systemic shock" to global food systems as planting......
The war in Iran, now entering its second month, is sending cascading economic shockwaves across Southeast Asia, where surging energy costs are rapidly translating into food insecurity and social unrest. The United Nations Food and Agriculture Organization warned Thursday that the conflict in the Persian......
Thailand announced Saturday it has reached an agreement with Iran allowing Thai oil tankers to transit safely through the Strait of Hormuz, a rare diplomatic breakthrough as the strategic waterway remains virtually closed to commercial shipping amid the ongoing war between the United States, Israel and......
The head of the International Energy Agency has declared that the global energy shock caused by the Iran war is the most severe on record, warning that no country will be spared its effects as oil prices surge and critical supply routes remain severed. IEA Executive Director Fatih Birol, speaking at......
Asian airlines are cutting flights heavily from April 2026 as a spike in jet‑fuel prices pushes the region toward what analysts are calling the worst aviation crisis since the pandemic. The war between the United States, Israel and Iran, along with disruptions to oil flows through the Strait of Hormuz,......
Rescue teams in Iran search for survivors under collapsed buildings in Tehran, Qom and Urmia after overnight US-Israeli strikes targeted residential zones. Qom reports at least 18 deaths, per the city's deputy governor cited by CNN. The attacks mark the latest in a nearly month-long campaign that......
The Egyptian government announced a new commercial curfew starting Saturday, requiring shops, restaurants, and shopping centers to close at 9 p.m. on weekdays, as part of emergency measures to curb soaring energy costs. The restrictions will initially last one month, according to Prime Minister Mostafa......
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