International
Iran has been accused of striking a fully loaded Kuwaiti oil tanker anchored near Dubai, in an incident that has further raised tensions around Gulf shipping routes and energy supplies. The vessel was reportedly carrying around 2 million barrels of crude when it was hit, triggering a fire response and fresh concern over the safety […]
International
New Zealand Finance Minister Nicola Willis has warned that inflation could rise far more sharply this year if the Iran war continues and causes deeper disruption to global supply chains. Her comments come as energy prices remain under pressure and policymakers assess the economic fallout of a prolonged conflict in West Asia. New Zealand Warns […]
National
Prime Minister Narendra Modi on Sunday said Gulf countries were giving priority to the safety of Indians amid the ongoing West Asia conflict, while accusing the Congress of making statements that could endanger Indian nationals living in the region. He made the remarks at a rally in Palakkad, Kerala, where he also said the Centre […]
International
US President Donald Trump has suggested that Washington could target Iran’s oil network more directly, including Kharg Island, in comments that added to already rising tensions in West Asia. The remarks came as the conflict continued to disrupt energy markets and fuel fears of a wider escalation involving strategic oil infrastructure. Trump Signals Kharg Island […]
International
Kuwait’s crude price climbed sharply to $118.93 per barrel after rising by $8.10, as the conflict involving Iran and the disruption around the Strait of Hormuz continued to drive fears of tighter global energy supplies. The jump reflects the broader pressure on oil markets as traders remain focused on the risk of prolonged instability in […]
International
US President Donald Trump said the mysterious “present” he had earlier mentioned receiving from Iran was in fact “10 big boats of oil” that were allowed to pass through the Strait of Hormuz. The remark came amid the continuing Iran war, where control of Hormuz has become one of the biggest strategic and economic flashpoints. […]