Keywords: Middle east war
American and Iranian forces exchanged fire in the Strait of Hormuz on Thursday in the most serious military confrontation since a ceasefire took effect on April 8, casting serious doubt over the ability of the month-old truce to hold as both sides traded accusations over who fired first. The incident......
American-Kuwaiti journalist Mohammad Shihab Eldin has been released after being detained in Kuwait over allegations linked to his reporting on the ongoing conflict in the Middle East. According to U.S. officials, the journalist left Kuwait safely following 52 days in detention. He had been arrested......
A six-week conflict involving the United States, Israel, and Iran has triggered Asia's worst energy crisis in decades, with surging fuel prices, severe LPG shortages, and widespread economic fallout. A fragile two-week ceasefire announced April 7 offers only tentative relief. Wood Mackenzie's......
The worst energy crisis in modern history will ultimately accelerate the worldwide transition to renewables, nuclear power, and electric vehicles, International Energy Agency executive director Fatih Birol said in an interview published Tuesday by French daily Le Figaro. Birol described the current......
The war in the Middle East has upended global energy markets, but for China the disruption is proving to be an accelerant. As oil-importing nations grapple with crude prices above $110 a barrel and scramble for alternatives to volatile fossil fuel supplies, Chinese electric vehicles, solar panels, and......
European stocks edged lower Friday as investors weighed the economic fallout from the ongoing Middle East war. Disruptions to energy flows through the Strait of Hormuz stoke inflation fears across the continent. The STOXX 600 fell 0.2 percent to 579.71 points. Mid-cap stocks led losses with a 1.4 percent......
Asia-Pacific governments have launched urgent fiscal programs, fuel subsidies and liquidity injections to steady markets rocked by the Middle East war. The conflict pitting the United States and Israel against Iran disrupts energy supplies and undermines economic confidence across the region. A Reuters......
Oman’s foreign minister Badr al Busaidi has stated that Iran is not responsible for the conflict now entering its fourth week, in a rare public stance that underscores divisions within the Gulf and highlights Muscat’s continued role as a diplomatic intermediary. In a message posted on X,......
As the United States and Israel war against Iran enters its third week, President Donald Trump faces mounting pressure from allies and some advisers to clarify the objectives and potential endgame of the conflict. Despite repeated declarations of victory from Washington, Iranian forces continue to launch......
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