Page 2 - World News
Traders brace for renewed turmoil as Strait of Hormuz standoff deepens
Iran said it would skip a second round of US-Iran talks in Islamabad this week while the American naval blockade remained in place
 "Traders brace for renewed turmoil as Strait of Hormuz standoff deepens")
3 killed in US military strike on alleged drug boat in Caribbean Sea
The Trump administration's campaign of blowing up alleged drug-trafficking vessels in Latin American waters has persisted since early September and killed at least 181 people
 "3 killed in US military strike on alleged drug boat in Caribbean Sea")
Iran rejects second round of talks in Pak, cites 'ceasefire breach' by US
Iran cites 'excessive demands' and ceasefire breach by United States, rejects claims of second-round talks in Pakistan
 "Iran rejects second round of talks in Pak, cites 'ceasefire breach' by US")
'Hormuz security is not free', says Iran amid rising tensions with US
The remarks come amid escalating tensions in the region following Iran's confirmation that a US operation targeted an Iranian commercial vessel in the Sea of Oman
 "'Hormuz security is not free', says Iran amid rising tensions with US")
North Korea tests ballistic missiles with cluster bombs amid defence push
The report by the North's official Korean Central News Agency appeared to refer to the multiple ballistic missile launches South Korea, Japan and the US detected Sunday off North Korea's east coast
 "North Korea tests ballistic missiles with cluster bombs amid defence push")
Oil rebounds over 6% after renewed US-Iran standoff in Strait of Hormuz
Brent crude futures jumped $6.11, or 6.76 per cent, to $96.49 a barrel by 2327 GMT and US West Texas Intermediate was at $90.38 a barrel, up $6.53, or 7.79 per cent
 "Oil rebounds over 6% after renewed US-Iran standoff in Strait of Hormuz")
Refund process for Trump tariffs begins today after court struck them down
Importers and their brokers will be able to begin claiming refunds through an online portal beginning at 8 am, according to US Customs and Border Protection
 "Refund process for Trump tariffs begins today after court struck them down")
US Navy seizes Iranian-flagged ship near Hormuz, Tehran vows swift response
It was the first interception since the US blockade of Iranian ports began last week. Iran's joint military command called the armed boarding an act of piracy and a ceasefire violation
West Asia conflict: US team in Pakistan on Monday; no word from Iran yet
Vance, Witkoff and Kushner to lead the delegation
 "West Asia conflict: US team in Pakistan on Monday; no word from Iran yet")
Islamabad turns fortress as US envoy heads to Pakistan for Iran talks
The US and Iran held rare direct talks in Pakistan on April 11 and 12 in Islamabad aimed at ending their conflict, but the talks concluded without any agreement
 "Islamabad turns fortress as US envoy heads to Pakistan for Iran talks")
Standstill at Strait of Hormuz weighs on US-Iran peace deal hopes
Threatens to deepen the energy crisis roiling the global economy
 "Standstill at Strait of Hormuz weighs on US-Iran peace deal hopes")
How 50 days of Iran war led to the loss of $50 billion worth of oil
More than 500 million barrels of crude and condensate have already been knocked out of the global market
 "How 50 days of Iran war led to the loss of $50 billion worth of oil")
How the war has disrupted the plans of global luxury brands in West Asia
West Asia had emerged as a vital source of growth for many upscale brands as sales of luxury goods have slowed in Europe and Asia in recent years
 "How the war has disrupted the plans of global luxury brands in West Asia")
We will turn trauma into something beautiful, says Nepal PM Balendra Shah
Nepal's GenZ wins power, but challenges of jobs, migration, and governance remain
 "We will turn trauma into something beautiful, says Nepal PM Balendra Shah")
IMF, World Bank meetings show limits in mitigating shocks, reliance on US
The IMF and the World Bank pledged up to a combined $150 billion in new financing assistance for developing countries hit hardest by the massive energy price shock
 "IMF, World Bank meetings show limits in mitigating shocks, reliance on US")
West Asia war: Iran rules out sending negotiating delegation to Pakistan
The report further added that no decision "as long as there is a naval blockade"
Investors pile into US stocks as 'TINA' revival knocks 'TIARA' trades
Over the last year, investors, particularly in the United States, had sought out cheaper markets abroad where returns were juiced up by a weaker dollar
 "Investors pile into US stocks as 'TINA' revival knocks 'TIARA' trades")
Why this suspected nuclear site in Iran is central to talks with US
Little is known about Pickaxe Mountain, but some experts say it illustrates the impossibility of relying on force alone to prevent Iran from acquiring a nuclear bomb
Iran doubles down on closing Strait of Hormuz as ceasefire nears end
Iranian parliamentary Speaker Mohammed Bagher Qalibaf said in a televised interview that Tehran would continue to threaten commercial vessels transiting the critical waterway
 "Iran doubles down on closing Strait of Hormuz as ceasefire nears end")
Bulgarians head to polls to elect Parliament for eighth time in 5 years
The snap vote follows the resignation of a conservative-led government amid nationwide protests last December that drew hundreds of thousands, mainly young people, to the streets
 "Bulgarians head to polls to elect Parliament for eighth time in 5 years")