US Secretary of State Marco Rubio has said Iran will not be permitted to charge tolls or fees for vessels transiting the Strait of Hormuz under any final agreement with Washingtonexposing one of the biggest points of friction in negotiations aimed at ending months of conflict across the Middle East.Continue Reading
Blast at Ras Laffan Industrial City caused by ‘technical malfunction’, Ministry of Interior says. Published On 22 Jun 202622 Jun 2026 An explosion at Qatar’s main liquefied natural gas processing facility has injured 54 people and left 18 others missing, authorities have said. The Qatari International Search and Rescue GroupContinue Reading
Brent crude drops as much as 1.6 percent, while key stock indices in Japan, South Korea and Taiwan climb. Published On 18 Jun 202618 Jun 2026 Oil prices have dropped following the United States and Iran’s signing of an interim peace agreement, summarizing a slide interrupted by US President DonaldContinue Reading
Oil prices have dominated headlines and political discussions since the start of the US-Israel war on Iran. In the six weeks since the United States and Israel launched strikes on Iran, crude prices have risen sharply, driving up fuel costs and placing strain on households across the globe. Recommended StoriesContinue Reading
After 40 days of fighting, the United States and Iran agreed to a two-week ceasefire on Wednesday morning, with negotiations expected to begin on Friday in Pakistan’s capital, Islamabad. One of the key points in Iran’s 10‑point proposal is allowing shipping to resume through the Strait of Hormuz, through whichContinue Reading
Dasht, Balochistan, Pakistan – Karim Baksh bends down to a narrow channel of water, guiding it with his hands through shallow mud channels towards a row of growing ripening watermelons. In Dasht, a remote village in the southern part of Balochistan, geographically Pakistan’s largest province, Baksh’s crops for years dependedContinue Reading
Ho Chi Minh City, Vietnam – After a long day of ferrying passengers to and fro recently, e-hailing driver Nguyen was dejected to find he had spent half of his earnings on fuel. “I drove for around seven or eight hours, making around 240,000 Vietnamese dong [$9.11] and then IContinue Reading
Iran’s parliamentary speaker, Mohammad Bagher Ghalibaf, has positioned himself as an unlikely financial adviser during the United States-Israel war on Iran. In a series of posts on Recommended Stories list of 4 itemsend of list In a recent post, he wrote: “Heads-up: Pre-market so-called ‘news’ or ‘Truth’ is often justContinue Reading
Manila – Despite driving his jeepney through some of Metro Manila’s busiest neighborhoods on a daily basis, Arturo Modelo, 52, only takes home about a third of the 600 Philippine pesos ($10) he would normally earn, as the cost of fuel has soared in the Philippines and its profits haveContinue Reading
United States President Donald Trump has called for a naval coalition to deploy warships to secure the Strait of Hormuz, through which one-fifth of world oil shipments transit, as oil markets reel from supply disruptions caused by the US-Israeli war with Iran. What is essentially the closure of the StraitContinue Reading
