Iran grants Spanish vessels unrestricted access through Strait of Hormuz Spain has joined the club of Iran’s “friendly nations” after Tehran granted Spanish vessels a permits-for-passage unfettered access to the Strait of Hormuz on March 24.
While European and Asian importers have been hit hard by the disruption in Qatari LNG to varying degrees, the crisis has both short- and long-term benefits for US exporters and other LNG competitors.
Manila’s position is that “peace, stability, and adherence to international law are essential to safeguarding maritime routes that are vital to regional trade, including for the Philippines and Taiwan.”
Georgia is the standout economic story in the South Caucasus but investors are increasingly looking at governance and democracy.
Natural gas prices have already doubled since the start of the war in the Middle East and are expected to rise higher as the last of Qatar’s LNG exports arrive at their destinations. Now everyone is switching to coal.
Kazakhstan is entering a key phase as President Kassym-Jomart Tokayev pushes ahead with political reforms aimed at consolidating stability while reshaping the country’s economic model.
The BBC failed to mention the word “Israel” at all when reporting Israeli missiles targeted at least 20 Iranian hospitals and medical centres on March 23 –a war crime.
Ghalibaf built his career through the IRGC's construction empire and a Tehran mayorship dogged by property scandals. As Iran's lead negotiator, his rise mirrors a familiar authoritarian archetype.
From South Korea to Indonesia to Bangladesh, governments are increasingly turning back to coal-fired power generation to help offset a widening shortfall in LNG imports.
Are the members of the CRINK alliance (China, Russia, Iran, and North Korea) arming and abetting Iran? The informal cooperation between America's main geopolitical adversaries were already cooperating militarily before the start of the Iran war.
Trump's five-day pause on Iran power plant strikes follows the classic TACO pattern of escalate-then-retreat, but analysts warn this war may be the one where the formula breaks down.
The war involving the United States, Israel and Iran has sent a delayed shockwave through global energy markets and nowhere is the impact more acute than at petrol pumps across Asia.
The move is unlikely to put off a significant section of the population from using the service, including the regime's loyalists.
Coal is back. Having become a fuel for most of the last two decades, countries are scrambling to secure supplies of coal in the face of “ The largest supply disruption in the history,” according to the International Energy Agency (IEA).
The sharp rise in refined oil product prices is intensifying the economic fallout from the latest energy shock, compounding the effects of disrupted crude flows and tightening supply chains.
The US has spent more on just two weeks of Operation Epic Fury than it has done in four years of supporting Ukraine in its war with Russia.
After more than a year of continuous demonstrations, the ruling Georgian Dream has severely cracked down on the right to protest, freedom of speech and political pluralism.
Latest polls show tightening race between opposition SDS and ruling Freedom Movement in election campaign marred by allegations of foreign interference.
Dubai faces its largest expat exodus in decades as the Iran war shatters its safe-haven reputation, with major banks evacuating staff, the stock market down 17% and the UAE mulling tax relief to retain residents.
India is the world’s largest producer as well as exporter of basmati rice. The South Asian country contributes approximately 85% of the global basmati rice volume. In India, Haryana, Punjab and Uttar Pradesh are the main basmati producing states.