World News

Escalating West Asia conflict becomes world's latest economic hazard

US President Trump insists the conflict will be brief, but world leaders are preparing for severe economic blowback

Asian airlines raise fares as West Asia conflict drives fuel costs

Airlines in the region aren't as well hedged against high oil prices as rivals in Europe or the US, making them more vulnerable to sudden surges in jet fuel prices

Legal fight reopens over Donald Trump's push to tax low-value imports

The justices in February struck down his use of an emergency powers law to impose duties, but didn't address his authority to halt the exemption for low-value packages

Trump weighs easing Russia sanctions, other measures to cool oil prices

Trump told reporters in Florida on Monday that his administration was lifting sanctions on some countries as part of efforts to stabilise the oil market, but declined to provide details

Australia to send spy aircraft, missiles to help UAE against Iranian attack

About 115,000 Australians are in the West Asia, including roughly 24,000 in the UAE, fueling unprecedented consular challenge

IRGC offers conditional free passage via Hormuz, vows to decide war's end

Iran's revolutionary guards say Arab and European countries that expel Israeli and US ambassadors will be granted full freedom to pass through the Strait of Hormuz, according to Iranian state media

Iranian attacks marks escalation; may impact bilateral ties: Saudi Arabia

Riyadh says Iranian strikes violate international law as UAE reports intercepting missiles and drones amid escalating regional tensions

Oil falls over 6% as Trump predicts de-escalation in West Asia conflict

Shortly after settlement, prices turned negative following news of a phone call between US President Donald Trump and Russian President Vladimir Putin

83 children killed amid escalating hostilities in Lebanon, says UNICEF

UN agency says dozens of children killed and hundreds injured as hostilities escalate and mass displacement spreads across Lebanon

Trump and Putin discuss Iran, Ukraine conflicts during telephone call

The conversation between the two focused on the Iran conflict and trilateral talks between Washington, Moscow and Kyiv aimed at settling the Ukraine conflict

War is 'very complete', says Trump, considers taking over Strait of Hormuz

US President claims major military success against Iran and says he is considering taking control of the strategic Strait of Hormuz to secure regional shipping routes and prevent any further threats

Buffalo meat exporters recall West Asia consignments amid spoilage fears

Saudi Arabia, Bahrain, Dubai and the UAE are the major destinations for Indian buffalo meat exports

Trade in turmoil: Conflict and tariffs dim the shine of Surat diamonds

With the war in West Asia upending global trade, the first part of a series examines how the global diamond hub is grappling with the raging crisis and also tariff uncertainty

Trump reviews steps to tame oil prices after Iran war roils markets: Report

The turmoil in energy markets comes at a sensitive moment for the president, who has sought to keep fuel prices low as a cornerstone of his economic message to voters

Uber's women-only option goes nationwide in the US amid safety concerns

Uber's women drivers can set the app's preferences to request trips with female riders, and they can turn off that preference at anytime

Oil remains potent geopolitical tool, decades after energy crisis

In the West Asia, Iran has leaned on one of its strategic advantages: its ability to disrupt the flow of oil and natural gas through the Persian Gulf and hurt economies around the world

PM Modi speaks to Nepal leaders Rabi Lamichhane, Balendra Shah

In his telephonic conversations with the two leaders of Nepal, PM Modi said he was confident that with the joint endeavours, India-Nepal relations will scale new heights in the coming years

Anthropic sues Trump administration over Pentagon 'supply chain risk' tag

The Pentagon last week formally designated San Francisco tech company a supply chain risk after an unusually public dispute over how its AI chatbot Claude could be used in warfare

Trump calls on Australia to give asylum to Iranian women's soccer team

The Iranians' campaign in the Australian-hosted Asian Cup tournament started just as the US and Israel launched air strikes on Iran, killing the Islamic Republic's Supreme Leader Ali Khamenei

FATF adds Kuwait, Papua New Guinea to increased monitoring list

Kuwait and Papua New Guinea have been placed under FATF's increased monitoring, while Iran, DPRK and Myanmar continue on the high-risk list requiring enhanced due diligence