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ISLAMABAD: Trade and shipping activity at Gwadar Port has got a boost in the backdrop of US-Iran war as port utilisation reaches 30% amid optimism about further increase in business. The Middle East war is reshaping the region and its surroundings where different blocs are emerging. The United States, the United Arab Emirates (UAE) and…
U.S. Ambassador to Israel Mike Huckabee said on X that the next U.S. memorandum of understanding with Israel will end U.S. aid to Israel in favor of prioritizing trade. “Israel receives $3.8 billion but spends far more than that buying US military goods. US also receives intel, tech innovations so that ROI is many times…
New Delhi: The number of shipping services to East of Hormuz and in the Red Sea have doubled from February alone, Mukesh Mangal, Additional Secretary, Ministry of Ports, Shipping, and Waterways said Monday. Also speaking to journalists, during an inter-ministerial briefing on West Asia issues, Manoj Muttathil Ayyappan, Joint Secretary in the Department of Financial…
About that four-week campaign that the Pentagon promised… Overnight volleys between Iran and the United States met by many with a shrug…so often has the current ceasefire been violated. Even the deal in the works is mostly to roll over that fragile truce and open more talks… not to permanently settle differences.Ceasefires and their violations…
Fresh concerns over regional security and global maritime trade have emerged after reports linked to Iran’s semi-official Tasnim News Agency suggested that the so-called “Resistance Front” and Iran are considering broader strategic measures involving key international shipping routes, including the Strait of Hormuz and the Bab el-Mandeb Strait. According to information circulated through Tasnim-linked reports…
Gabriel Colodro’s report from Paraguay’s Independence Day reception in Jerusalem begins with the expected diplomatic scene—flags, speeches, wine, and handshakes—but quickly turns into a story about a Latin American country making its friendship with Israel visible, deliberate, and hard to miss. Ambassador Alejandro Rubin Cymerman gave the evening its clearest line. “Paraguay is in Jerusalem…
A fragile, two-month-old ceasefire between the United States and Iran neared the brink of collapse over the weekend. Both nations traded heavy military strikes while diplomats attempted to negotiate a permanent end to the war. The latest escalation has rippled across the region, pulling in neighbouring Gulf states and sending global energy markets into a…
BEIJING: Oil prices rose more than 2% on Monday after Iran and the U.S. traded strikes and Israel ordered troops to move further into Lebanon in the battle with the Tehran-backed Hezbollah militant group. U.S. crude futures rose $2.29 or 2.62% to $89.65 a barrel as of 0436 GMT. Brent futures rose $2.05 or 2.25%…
As Israel-US-Iran conflict continues to disrupt the freight movement in the Strait of Hormuz, a free trade agreement with Oman – the India–Oman Comprehensive Economic Partnership Agreement (CEPA) that comes into force today- may prove to be more than a bilateral trade relationship. The importance of the agreement lies in Oman’s location, observes Delhi based…
