World News

Iran hits Gulf neighbours, chokes oil shipping as energy crisis fears grow

Iran's Foreign Minister Abbas Araghchi called claims that his country may be seeking a negotiated end to the war 'delusional'

Currency bears beware: Asia's central banks step in to stabilise markets

RBI also intervened in onshore and offshore markets, buying ₹1 trillion ($11B) in bonds on March 6 to curb rupee losses

Duration of Iran war uncertain, depends on Tehran's actions: Israeli envoy

Israel's ambassador to India, Azar, also cited reports of possible internal disagreement within Iran's leadership over how it has handled the conflict and its wider strategic direction

Israeli strikes kills 12 in Gaza, including 2 children and a pregnant woman

A strike Sunday morning hit a house in the urban refugee camp of Nuseirat in central Gaza and killed four people, including a couple in their 30s and their 10-year son

Gulf investors likely to keep funding Africa renewables despite Iran war

Investors made wealthy by the Gulf region's abundant oil and gas increasingly are turning to Africa's clean energy sector

Gulf economies at risk of worst slump since early 1990s on Iran war

Qatar and Kuwait could each see their gross domestic product contract by 14% this year should the conflict continue through April

China's JD.com takes on Amazon with new ecommerce platform in Europe

Chinese e-commerce giant JD.com has launched its Joybuy platform in six European countries, offering over 100,000 products with same-day delivery as it seeks to compete with Amazon in the region

Why France is boosting military presence in West Asia as Macron eyes talks

Macron said that France's military involvement is strictly "defensive" and aims to avoid making the country a party to the war

Saudi offers Red Sea route for oil buyers as Hormuz crisis persists

Saudis have a 5 million barrel-a-day pipeline that runs across the country to the Red Sea, although export capacity at Yanbu may be smaller than that

Trump seeks allies' help in Strait of Hormuz. UK, Japan, Australia say no

US President Donald Trump has called on allies to send naval escorts to protect vessels in the Strait of Hormuz. However, key allies have declined Trump's request

West Asia conflict: Dubai airport shut, flights diverted after drone attack

The suspension followed a drone incident near Dubai International Airport (DXB) that affected one of the airport's fuel tanks

Trump says 'deal' with Cuba soon but war in Iran remains priority

Donald Trump says US is in talks with Cuba but Iran war takes priority; warns he could delay summit with Xi Jinping if China fails to help secure Strait of Hormuz

Why Trump is struggling to win Americans support over the Iran conflict

Trump was undoubtedly emboldened by the tactical success of his removal of Venezuelan President Nicolas Maduro, though that too was not very popular with Americans

West Asia war updates: Trump warns Nato over Hormuz; Brent above $105

As the West Asia war enters its third week, Donald Trump warns Nato of consequences for not helping reopen the Strait of Hormuz; Brent crude rises above $105

Iran's foreign minister condemns Israeli strikes on fuel sites as 'ecocide'

These accusations follow a massive aerial campaign by the Israeli Air Force (IAF), which confirmed on Sunday (local time) that it struck more than 200 targets across western and central Iran

Nepal hikes petrol prices by NPR 15 per litre amid West Asia crisis

Instability in West Asia often triggers volatility in global oil markets as fears of supply disruptions push prices higher

US-China trade talks begin in Paris, paving way for Trump-Xi summit

The delegations, led by US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, convened in the French capital in the morning

US says Iran war-driven oil reserve release will be structured as exchange

Countries around the world are planning releases from strategic oil reserves as the war in West Asia chokes supply and sends fuel prices soaring

Trump asks 'about 7' countries to join coalition to police Strait of Hormuz

US Energy Secretary Chris Wright told NBC he has been "in dialogue" with some of the countries Trump mentioned, and said he expected China "will be a constructive partner"

Trump leaves allies, adversaries guessing on endgame for Iran war

Trump administration is planning to announce as soon as this week that multiple countries have agreed to form a coalition to escort ships through the corridor