International
Bangladesh is moving to secure around $2 billion in fresh external funding as it struggles with soaring fuel and LNG costs during the wider West Asia crisis. The push comes as Dhaka tries to protect energy supplies, manage import pressure and avoid deeper disruption to electricity generation and industrial activity. Bangladesh Seeks $2 Billion Energy […]
International
The Iran-Israel-U.S. conflict continued to widen on March 21, with fresh military, diplomatic and energy-related developments adding to pressure across West Asia. The latest round of updates pointed to rising regional strain involving Hezbollah, shipping routes, nuclear safety concerns and global fuel markets. West Asia Conflict Expands Across Multiple Fronts The conflict
International
A group of major countries has issued a joint statement calling for the reopening of the Strait of Hormuz and condemning attacks on commercial shipping and civilian energy infrastructure, as the West Asia conflict continues to disrupt global trade and energy flows. Strait Of Hormuz Joint Statement The statement was issued by Britain, France, Germany, […]
International
Italy Cuts Fuel Taxes as Energy Costs Rise Italy has approved a temporary cut in fuel excise taxes to cushion households and businesses from rising energy costs linked to the Middle East conflict. Prime Minister Giorgia Meloni said the measure would reduce fuel prices by €0.25 per litre, part of a broader emergency package aimed […]
International
Oil Jumps as Iran Hits Gulf Energy Sites Oil prices surged and stock markets fell on Thursday after Iran struck Gulf energy facilities and warned that more attacks could follow, deepening fears of a wider regional energy shock. The market reaction came after damage to major gas and energy infrastructure in Qatar and fresh threats […]
International
Saudi Arabia has issued one of its sharpest warnings yet to Iran after a series of attacks on Gulf energy facilities, saying regional patience is not unlimited and signalling that further escalation could trigger a stronger response from Arab states already under growing pressure from the widening conflict. Saudi Arabia Warns Iran Over Gulf Attacks […]
International
Qatar LNG Plant Hit as Gulf Energy Risks Rise Qatar’s Ras Laffan Industrial City, home to the world’s largest LNG export hub, was hit in the latest round of attacks on Gulf energy infrastructure, with Qatari authorities reporting extensive damage but no casualties after facilities had been evacuated in advance. The strike added to fears […]
International
Iran has threatened to strike major energy facilities across the Gulf after attacks on infrastructure linked to its South Pars gas field, marking a sharp escalation in the regional conflict and raising new fears over global energy security. The warning comes as oil and gas markets remain on edge over the possibility that the war […]
International
Modi Raises Indians’ Safety With Iran President Prime Minister Narendra Modi spoke with Iranian President Masoud Pezeshkian as India stepped up diplomatic outreach amid the worsening West Asia conflict. During the conversation, Modi expressed concern over the escalating violence, the loss of civilian lives, and the impact on regional stability, while stressing