Iran’s ruling elite is showing growing concern over the rapid progress of the India-Middle East-Europe Economic Corridor (IMEC) project, according to sources familiar with the matter. The IMEC project would provide a stable trade route that bypasses the Strait of Hormuz, creating an alternative for global trade and energy transmission. The ambitious plan, first launched…

U.S July 9, 2026 – The escalating conflict in the Middle East is no longer just a regional security crisis, it is rapidly evolving into one of the biggest threats to the global economy since the COVID-19 pandemic, with international financial institutions warning that prolonged fighting could derail economic recovery, push up fuel prices, fuel…

Brussels – Saba: European Union foreign ministers are meeting in Brussels on Monday to discuss a proposal to ban imports of products from Israeli settlements, amid growing pressure from several member states to take action against settlement activity in the occupied Palestinian territories. AFP, citing diplomats, reported last night that the meeting is not expected…

Iranian media outlets affiliated with or closely aligned with the country’s hardline establishment have published editorials calling for attacks on strategic infrastructure in Israel and several Gulf states following a reported U.S. strike on a railway bridge in northern Iran. The commentaries specifically mentioned Israel’s port of Haifa, the UAE’s Jebel Ali port, Saudi Arabia’s…

Iranian President Masoud Pezeshkian has accused Israel and the United States of undermining efforts to preserve the ceasefire, saying mutual respect and adherence to commitments are essential for any lasting agreement. “Alongside diplomatic efforts to consolidate the ceasefire and prevent the crisis from expanding, a dual process has emerged in which, on the one hand,…

Nicosia, Cyprus. Renewed tensions in the Middle East have added uncertainty for Cyprus, with economist Tassos Yiasemides warning that a prolonged crisis could slow the island’s economic growth. He said rising geopolitical risk has returned to the centre of the global economic outlook as markets were beginning to stabilise after years of trade tensions and…

Israel’s political leadership has ordered the military to refrain from carrying out “unusual” operations in southern Lebanon following a demand from the United States, Israel’s state-run Kan TV News reported on Friday. According to Kan, the directive remains in effect until further notice, pending developments in the U.S.-Iran tensions and the ongoing negotiations between Israel…

BAKU, Azerbaijan, July 10. Turkmenistan and the United States discussed prospects for expanding bilateral cooperation. This was reflected in a press release published by the press service of the Turkmen government following the meeting between Chairman of Halk Maslahaty (Parliament) Gurbanguly Berdimuhamedov and Steve Daines, a member of the U.S. Senate Committee on Energy and…

The Kurdistan Region is trying to change its image in the world. For decades, outsiders have focused on Saddam Hussein, genocide, ISIS, oil, and security. All of this is significant to Kurdistan’s past and present. But if a place is known mostly through survival, it will struggle to attract investment that could give Kurdistan a…

Blocked: a bulk carrier docked at the port of Fujairah in the United Arab Emirates, May 6, 2026. Reuters Commercial shipping had only just begun returning to the Strait of Hormuz after a memorandum of understanding signed between the US and Iran in mid-June raised hopes of de-escalation. But those hopes have now evaporated with the return…