US President Donald Trump is reportedly open to ending the military campaign against Iran without reopening the Strait of Hormuz, prioritising strikes on Tehran's navy and missile stockpile
Wealthier economies like China, Japan and Singapore, with deep pockets and strategic reserves, can cushion the blow - in the short term at least - but others are more exposed
He emphasised that the people of Iran, led by the Supreme Leader, will not only defend their rights but also make the enemy regret their actions
Iran has approved a plan to impose tolls on ships passing through the Strait of Hormuz amid the ongoing West Asia war, raising concerns over global oil supply as Brent crude trades near $111 a barrel
Experts say there is a limit to how much Moscow can boost its exports of crude which is needed to make fuels like gasoline and diesel, and it is already exporting at a level close to its previous peak
With a cutoff in shipments imminent, Asian countries, the biggest importers of liquefied natural gas from the West Asia, are already burning more coal and reducing consumption
According to reports, a broker representing US Secretary of War Pete Hegseth sought to invest in a major US defence-focused fund in the weeks leading up to the US-Israeli military action against Iran
The sub-indexes for output and new orders both rose above 51 from below 50 the previous month, while that for new export orders improved to 49.1 from 45 in February
US Trade Representative Jamieson Greer said Washington would work with like-minded partners outside the WTO if the moratorium is not restored
According to a statement issued by UNIFIL, the incident occurred near Bani Hayyan in Southern Lebanon, resulting in the deaths of two peacekeepers, while a third one sustained severe injuries
Netanyahu expressed confidence in the progress of the joint military campaign, emphasising that significant steps have been taken to dismantle Iran's military and nuclear capabilities
The White House maintained that backchannel discussions remain active
The law makes the death penalty - by hanging - the default punishment for West Bank Palestinians convicted for nationalistic killings
Authorities in Dubai confirmed they were responding to a drone attack on a Kuwaiti oil tanker in Dubai waters and that maritime firefighting teams were working to bring the fire under control
The plane was reportedly scheduled to fly to New Delhi this week to pick up essential medical supplies and aid for Iranian people, they said
US Secretary of State said Prez Trump has several options on the table to prevent Iran's hegemony over the strait
Officials from Saudi, UAE, Kuwait and Bahrain have conveyed they do not want the military operation to end until there are significant changes in the Iranian leadership
Such a move, and Iran's possible targeting of the plants of its Gulf Arab neighbours, could have devastating impacts across the water-starved West Asia
Iran's foreign ministry spokesperson Esmaeil Baqaei said no negotiations had taken place, while confirming that intermediaries had delivered a set of proposals to Iran
His remarks come against a backdrop of heightened global concern over the strategic Strait of Hormuz, a critical chokepoint for nearly one-fifth of world oil flows