Keywords: Middle East
Mazda Motor announced Monday it has suspended domestic production of vehicles destined for the Middle East until May, becoming the latest Japanese automaker to scale back operations as the Strait of Hormuz remains effectively closed to commercial shipping, according to the Nikkei. The company had already......
Escalating conflict in the Middle East erased approximately $62 billion from the combined wealth of Southeast Asian billionaires in March, reshuffling the region's richest rankings as Asia-Pacific stock markets buckled under surging energy prices and a collapse in investor confidence. The 150 ASEAN......
U.S. President Donald Trump has issued a deadline for Iran to reopen the strategic Strait of Hormuz, warning that failure to comply could result in attacks on Iranian infrastructure. In an interview with the Wall Street Journal, Trump said the deadline is set for Tuesday evening. Trump emphasized that......
China has expressed its readiness to work closely with Russia in an effort to ease rising tensions in the Middle East, according to recent diplomatic statements. The announcement followed a conversation between Wang Yi and Sergei Lavrov, highlighting a shared interest in promoting stability in the region. Beijing......
At least five Palestinians were killed in fresh Israeli airstrikes in the Gaza Strip on Sunday, local authorities and hospitals reported. Four casualties were confirmed in Gaza City after an Israeli drone targeted a group of civilians, while another victim died near Deir el-Balah. Al-Shifa Hospital,......
Rising fuel costs driven by the ongoing conflict in the Middle East are reshaping Easter and spring holiday travel across multiple continents, forcing millions of consumers to cancel trips, shorten itineraries, or stay closer to home as the global tourism industry braces for a difficult season. In Australia,......
Kuwait said on Friday that it had come under missile and drone attacks, as tensions continue to escalate in the Middle East. The announcement comes more than a month into a regional conflict that has increasingly drawn in Gulf countries. According to official statements, Kuwaiti air defenses intercepted......
A billionaire aviation executive based in Dubai has warned that airlines around the world could begin filing for bankruptcy within weeks if the war in Iran continues to drive jet fuel prices higher, even as the shipping industry posts record profits fueled by the same geopolitical upheaval. Gediminas......
Bernard Arnault, chairman of LVMH, shed roughly $55.9 billion from his net worth during the first three months of 2026, according to the Bloomberg Billionaires Index, as the world's largest luxury conglomerate recorded its steepest quarterly stock decline on record. The losses reduced his fortune......
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