Tag: Iran war
India boosts LNG imports despite Hormuz disruption, India’s diversification strategy pays dividends
Cargoes from the US, Oman, Nigeria and Angola helped India lift LNG imports in May-July even after the Strait of Hormuz crisis disrupted shipments from Qatar.
Risk of a regional war rising in the Middle East with Houthis attacking Saudi Arabia, and Bahrain and Kuwait launching strikes on Iran
The latest developments involving Iran-backed Houthi forces from Yemen, Saudi Arabia, Bahrain and Kuwait point to the growing risk of a wider regional war.
World Bank warns of slower global growth as the conflict in West Asia continues to disturb energy markets
The World Bank has warned that global growth may slow in 2026 because of conflict, inflation, debt pressure, weak trade, and uncertainty in financial markets.
Iran’s Islamic Revolutionary Guard Corps (IRGC) warns that US bases in West Asia will ‘Experience Hell’
Iran's IRGC declared that American bases throughout West Asia would "experience hell" if further attacks were carried out against Iran.
US and Iran exchange strikes as tensions rise once again in West Asia
US Central Command said that in response, it struck Iranian missile and drone storage sites along with coastal radar positions. It described the strikes as retaliation for unwarranted aggression against commercial shipping by Iranian forces.
US & Iran officials to meet in Switzerland to finalise the peace deal, will it be the end of the conflict
The peace deal between the United States and Iran is once again in the global spotlight as the two parties are set to hold high-level peace talks in Switzerland.