Iran war creates perfect storm for the petrodollar - Deutsche Bank
The world was already dedollarising thanks to rising East-West tensions and the US decision to weaponize the dollar in 2022 by seizing the Russian central bank’s reserves. Trump has gone a step further.
Read StoryIsrael, US have armed themselves for the wrong war
The Israeli Army took its heaviest tank losses in over 40 years after Hezbollah ambushes destroyed 21 Merkavas main battle tanks in a single day on March 26. Israel and the US have armed themselves for the wrong war.
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Ukraine and Saudi Arabia sign defence cooperation deal as Zelenskiy visits Riyadh
Ukraine and Saudi Arabia have signed a defence cooperation deal, with Kyiv offering hard-won air defence expertise against Iranian drones and missiles in exchange for Saudi capabilities and potential investment.
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India adopts multi front fertiliser strategy as West Asia crisis unfolds
The biggest short term vulnerability for Indian energy security is liquified petroleum gas using in cooking - of which India imports over half of its consumption demand via the Strait of Hormuz.
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Zelenskiy seeks Gulf security ties as Middle East war reshapes Ukraine conflict
Ukrainian President Volodymyr Zelenskiy arrived in Saudi Arabia on March 26 for talks on regional security cooperation, offering Kyiv’s battlefield-honed drone defence expertise in exchange for military support.
Read StoryMexico risks Beijing trade retaliation in bid to curry favour in Washington
Mexico is caught between two giants: courting the US with tariffs on Chinese goods while risking a trade backlash from Beijing that could undermine its own industrial base.
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Iran drives US military out of all thirteen of its gulf military bases
Iran has driven the US military out of all thirteen of its Gulf military bases, The New York Times (NYT) reported on March 25.
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Israel targeting civilians in southern Lebanon invasion
Israel is deliberately targeting residential buildings and populated areas in an attempt to depopulate southern Lebanon, according to reports.
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