Global airline chiefs open their annual summit in Rio de Janeiro on Saturday facing a sharper test of the industry’s post-pandemic recovery, as the Iran war drives up fuel costs and disrupts airspace while carriers try to cushion the blow with higher fares and tighter capacity. The annual meeting of the International Air Transport Association (IATA) from Saturday to Monday comes as that fuel shock collides with another problem airlines cannot quickly fix: a shortage of new aircraft. Boeing and...
Israel carries out drone attacks on Lebanon after agreeing to renew ceasefire as Tehran defends attacks on Gulf nations.
In the 215-208 vote, four Republicans joined Democrats to pass the measure, which had failed in three previous attempts.
The Republican-led House voted on Wednesday to halt the war with Iran, breaking with US President Donald Trump on an unpopular foreign conflict that is taking an escalating economic toll on Americans. The 215-208 vote showed worries over the war spreading in the president’s own party five months before congressional elections. Last month, a Senate resolution to end the war also advanced past a procedural hurdle for the first time, though that legislation has not yet come to a formal vote. The...
Rubio says the US will lift sanctions on Iran only if it gives up enriched uranium, rejecting a Hormuz-linked deal.
The Gulf will continue to matter for India, but the old certainty of the “Gulf dream” has been shaken
Since the Iran war began in late February, Turkey has positioned itself as a key regional power, an economic bridge and a neutral mediator, condemning both the US-Israeli strikes on Iran and Iran’s retaliatory attacks on Gulf nations. Turkish President Recep Tayyip Erdogan reiterated his country’s support for peace talks in separate phone calls with Iranian President Masoud Pezeshkian and Pakistani Prime Minister Shehbaz Sharif last week. The week before, in a call with US President Donald...
While a peace deal between the US and Iran remains elusive, Israel has deepened its offensive into southern Lebanon.
Analysts told BBC Verify that Tehran's strikes were more extensive than publicly acknowledged.
France requests UN Security Council meeting over Israel's expanding invasion in Lebanon.
Donald Trump says talks with Iran are progressing 'slowly but surely', as Israel intensifies operations in Lebanon.
Divisive foreign political narratives are being cast as religious discourse within our Muslim communities.
Restoring pre-war stockpiles of critical US munitions will take at least two years, according to CSIS report.
Central Asia is tilting more decisively towards China as geopolitical uncertainty deepens, with Beijing’s expanding influence recasting the former Soviet states’ strategic orientation. In the first of a three-part series, Laura Zhou looks at how vulnerabilities laid bare by the Iran war might make the region look to China for water security. The US-Israel war on Iran has crippled global supply chains, choking off the world’s energy supply alongside reserves of critical commodities like...
The International Monetary Fund warns that Iran war could trigger a spike in global debt levels.
EU launches fertiliser plan as Strait of Hormuz disruption fuels food security fears.
Israeli strikes kill 31 in Lebanon as attacks intensify and displacement orders spread.
US forces carry out series of attacks in the country's south as Iranian delegation holds talks in Qatar.
Trump says Washington not in rush to sign a deal with Iran as Iranian media warn of disagreements on some key issues.
During the meeting, Marco Rubio described the first day of his visit as "fantastic" and emphasised that India and the United States are "strategic allies"
Sunil Puniya was on his first sea job when a missile struck the oil tanker Skylight at the start of the Iran war.
Fuel costs have risen steeply, thrice in the span of 10 days, as the Iran war continues to choke supplies globally. This has also led to an increase in the prices across the board, with grocery, food, and commute rates burgeoning. Many people in Tamil Nadu find the going very difficult
Twenty-seven countries have moved since the Iran war started to put in place crisis instruments that could quickly access funding from existing World Bank programmes, according to an internal document viewed by Reuters. The World Bank document did not name the countries or the total amount of funds potentially being sought. The World Bank declined to comment. The document showed that three countries had approved new instruments since the Middle East conflict began on February 28, while the...
US acting navy chief Hung Cao told a Senate hearing they were "doing a pause" on the sale to make sure they had munitions for the Iran war.
US and Iran continue mediated talks, exchanging draft proposals aimed at reaching a formal agreement.
The Asian Infrastructure Investment Bank (AIIB) has launched a US$10 billion facility to support members dealing with the impact of the US-Israel war on Iran, the group announced on Thursday. The Energy, Food Security and Economic Resilience Facility, sitting alongside the bank’s existing financing tools, offers up to US$10 billion over two years to help members tackle urgent needs around energy security, food security and economic resilience, according to a statement published by the...
Acting Navy Secretary Hung Cao's remarks come as US President Donald Trump gives mixed signals on the sale.
The Iran war has baked in stagflation and starvation through big reductions in the supply of oil and fertilisers. This inflationary pressure will only increase. As inflation sucks liquidity out of financial markets and into the real economy, bond yields are being pushed up across the world. If bond yields rise by more than a percentage point, a likely scenario before the year’s end, the liquidity diversion could be big enough to pop the AI bubble. The US-Israeli war on Iran has disrupted the...
US Secretary of State Marco Rubio voiced hope on Thursday of progress on ending the war with Iran, with mediator Pakistan’s army chief due to arrive in the Islamic republic for talks. The expected visit by Field Marshal Asim Munir, a powerful figure with a growing role in Pakistan’s foreign relations, comes a day after US President Donald Trump warned that negotiations to end the war were on the “borderline” between a deal and renewed strikes. “I believe the Pakistanis will be travelling to...
The impact of the conflict will not stop at energy price hikes. It will spread to various sectors and last years.
Iran says diplomacy with the US remains open as Hormuz tensions deepen and outrage grows over Israel’s flotilla arrests.
Iran says it learned from past clashes as Trump gives Tehran 'two to three days' to reach a deal.
Asia’s clean energy push is facing heightened supply-chain risk as the Middle East conflict disrupts aluminium and nickel production and could raise costs for solar panels, wind turbines and grid upgrades. Countries such as Indonesia, Vietnam and the Philippines have installed more rooftop solar panels and other green infrastructure in recent years, driven by high power bills caused by elevated oil and gas prices. However, these green projects are facing uncertainties as the blockade of the...
Mainland Chinese investors shed its holdings of US Treasury bills in March, echoing the move of many overseas institutions and central banks amid uncertainties over the US-Israel war on Iran. Such reductions in Treasury holdings reflected mounting doubts in global markets, analysts said, as the escalating war in Iran fuelled concerns over inflation, energy prices and fiscal pressures, driving Treasury yields higher and overshadowing the likelihood of interest rate cuts from the US Federal...
A drone strike targeted the United Arab Emirates’ Barakah nuclear power plant on Sunday, setting an electrical generator ablaze on its perimeter and again straining the shaky ceasefire in the Iran war. No one immediately claimed responsibility for the attack, which caused no radiological release nor injuries, authorities in the UAE’s capital, Abu Dhabi, said. However, suspicion immediately fell on Iran, which has been increasingly threatening the UAE over recent days as the country hosted...
The UN warns disruptions in the Strait of Hormuz could drive up food and fertiliser costs, and worsen global hunger.
US Vice President Vance says progress is being made in talks with Iran as President Trump begins his trip to China.
Israeli Prime Minister Benjamin Netanyahu’s office said on Wednesday that he secretly visited the United Arab Emirates during the Iran war and spoke to the Emirati president, in what would be their first confirmed meeting. According to the statement, the meeting resulted in a “historic breakthrough” in relations between Israel and the UAE. A source familiar with the meeting said Netanyahu and Sheikh Mohammed bin Zayed (MBZ) met in Al-Ain, an oasis city by the Oman border, on March 26 and that...
As the Iran war reshapes global power dynamics, Beijing enters the Trump-Xi summit with more leverage over Washington.
The former Ambassador and Permanent Representative of India to the United Nations was speaking at the inauguration of Diplomacy and Sustainability Dialogues 2026, jointly organised by Saveetha Institute of Medical and Technical Sciences (SIMATS) and The Hindu
Trump heads to Beijing for high-stakes talks with Xi Jinping as tensions over the Iran war continue to escalate.
Against the backdrop of a shifting diplomatic landscape, US President Donald Trump is set to arrive in Beijing this week for a high-stakes summit. While Washington frames the visit, delayed by the war in Iran, as a pivotal effort to rebalance ties, the bravado of maximum pressure masks a deepening domestic vulnerability. Trump’s arrival comes at a critical juncture; his administration faces multiple crises. The looming 2026 midterms have intensified pressure from a restless agricultural...
Consumer prices spike in April, driven by soaring energy costs, with petrol prices up nearly 30 percent since last year.
Appearing before congressional panel, Defense Secretary Hegseth says US is prepared to either escalate or wind down war.
Israeli troops reportedly used this base to launch attacks against Iran during the war.
According to The Wall Street Journal, Israel operated a military base in the Iraq during the US-Israeli war on Iran.
The key measure of US inflation rose in April to its highest level since May 2023 as consumers feel the impact of the Iran war.
Whales are increasingly exposed to traffic - and ship strikes.
Governments in the Global South are among the least prepared to respond to the oil shock caused by the Iran war.
Iran's powerful parliamentary speaker says US has 'no alternative but to accept' Tehran's 14-point proposal to end war.
PM urges Indians to work from home and avoid foreign trips during the global energy crisis due to the Iran war.
Iran war has put the US in a situation where ‘it’s not in control but can’t walk away’, argues economist Richard Wolff.
Sheikh Hamad bin Jassim warns Strait of Hormuz crisis is most dangerous fallout of war on Iran, calls for 'Gulf NATO'.
He said the austerity measures would reduce India's fuel use and help save foreign exchange.
Fuel costs, inflation and debt pressures are testing Asian economies.
The bloc currently imports more than half of its crude oil from the Middle East.
Rome balances US ties with domestic pressure as the Iran war strains the alliance and fuels economic fallout.
China’s shipping giants are bracing for a harsh new reality of persistent global volatility, as the closure of the Strait of Hormuz shifts from being a problem of transit delays to a hard volume shock. With the crucial energy corridor still paralysed as the US-Israel war on Iran drags on with no clear end in sight, China’s state-backed shipping majors are doubling down on long-term contracts and creating new multimodal routes in an attempt to hedge against future shocks. Cosco Shipping Holdings,...
Bloc is expected to call for deeper energy cooperation and reopening of the Strait of Hormuz.
Through surging profits or soaring share prices, the war has been a boon for some firms.