International investors unnerved by events in the Gulf may look to relocate. Turkey might seem a good choice – but things are rather more complicated than that.
Turkey wants to see a slew of Gulf and other pipelines converge on its territory to ensure the world will never again be cut off from sufficient oil and gas.
The International Monetary Fund has become the first institution to raise its forecast for Russia’s economic growth in 2026 in anticipation of the windfall it is expected to earn from the effects of the Iran war related spike in energy prices.
The Trump administration’s being ostracized by the international community for America’s war mongering. That is making China a fulcrum in the East-West clash that now has its centre of gravity in the Middle East.
The International Monetary Fund has become the first institution to raise its forecast for Russia’s economic growth in 2026 in anticipation of the windfall it is expected to earn from the effects of the Iran war related spike in energy prices.
For most of the first year of the Trump administration, America’s so-called western allies spent most of their time flattering, toadying and attempting to manipulate the US President’s ego. That time is over.
The Kremlin has warned that a potential US naval blockade of the Strait of Hormuz would deliver a direct shock to global markets, even as Moscow positions itself as both an energy anchor and a diplomatic intermediary in a rapidly widening crisis.
The US is moving to choke Iran’s oil lifeline. The market is starting to price something much bigger because the Trump administration naval blockade of Iran is not going to work.
Following the collapse of ceasefire talks this weekend US President Donald Trump has ordered a full naval blockade of shipping into and out of the Persian Gulf.
As talks got underway in Islamabad between Iran and the US to find a ceasefire formula, a dramatic showdown was playing out in the Strait of Hormuz, as several US Navy vessels attempted to sneak through and exit the Persian Gulf,
Petrochemical producers across Asia have begun shutting down operations after disruptions to shipping through the Strait of Hormuz reduced supplies of the critical naphtha and liquefied petroleum gas (LPG) feedstocks.
Iran's central military command says forces remain "on the trigger" and vows to keep control of the Strait of Hormuz, hours before US-Iran ceasefire talks are due to begin at Islamabad's Serena Hotel.
A fragile two-week ceasefire between the US and Iran has led to a sharp fall in oil prices, but fresh data points to mounting economic damage across Gulf economies and rising uncertainty in Egypt.
The West is discussing a new defence alliance format to replace Nato that would include Ukraine. Nato's current form is ineffective, so it is worth creating a new defence structure.
Ukraine’s hopes for restarting peace talks with Russia have been rekindled after a two-week ceasefire deal in Iran was agreed on April 7.
Oman has said it will not impose the $2mn transit fees on vessels passing through the Strait of Hormuz that were part of the two-week ceasefire deal agreed on April 7, reaffirming its adherence to longstanding international agreements.
In a last-minute deal, US President Donald Trump pulled the world back from the brink of a massive escalation in the Gulf War and announced he had agreed to a two week suspension of military operations against Iran after he agreed to a 10-point plan.
Italian PM Giorgia Meloni concluded a two-day tour of the Persian Gulf on April 4, meeting the leaders of Saudi Arabia, Qatar and the United Arab Emirates in an effort to shore up Italy's energy security as Iranian attacks on GCC countries continue.
Iranian Light crude is trading at a $1 premium to the benchmark Brent price since the US waived a sanctions-ban on buying Iran crude already at sea to ease prices on the international market.
With US President Donald Trump’s Power Day deadline looming, where he has promised to do “irreversible damage” to Iran's power grid, Russia has reportedly provided Iran with intelligence of the weaknesses of Israel’s power system.