Keywords: Strait of hormuz blockade
Asian stock markets rose sharply on Thursday as investors reacted to renewed expectations of diplomatic progress between the United States and Iran. The surge pushed Japan’s benchmark Nikkei 225 beyond its previous closing record during intraday trading, reflecting growing confidence across regional......
French President Emmanuel Macron said he has urged US President Donald Trump and Iranian President Masoud Pezeshkian to resume negotiations after ceasefire talks in Islamabad ended without agreement. He said he spoke separately with both leaders and called for renewed dialogue, reduced tensions, and......
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......
Oil markets endured another turbulent session on Wednesday as traders struggled to reconcile Donald Trump's signals of an imminent end to the U.S.-Iran war with the reality of continued fighting and a largely closed Strait of Hormuz. Brent crude, which had opened higher during Asian trading, reversed......
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......
Defense Secretary Pete Hegseth issued a pointed warning to Russia and China on Tuesday over their alleged support for Iran, saying the United States is addressing the matter directly as the war enters its fifth week with no diplomatic breakthrough in sight. Speaking at a Pentagon briefing alongside......
Asian countries are confronting a worsening energy crisis as two simultaneous disruptions have removed roughly 30% of global liquefied natural gas supply from the market, according to the Australian Financial Review. The crisis began on March 2, when Iranian drone strikes hit the industrial cities of......
Sultan Al Jaber, director general of ADNOC, delivered some of his sharpest remarks yet against Iran's grip on the Strait of Hormuz during an intensive week of speeches and meetings in the United States, describing the weaponisation of the waterway as economic terrorism against all nations and warning......
The ongoing conflict involving the United States, Israel and Iran is revealing critical vulnerabilities in the global semiconductor industry as disruptions linked to the blockade of the Strait of Hormuz threaten energy supplies and essential chemical inputs used in chip manufacturing. As the war enters......
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