The global aviation industry is bracing for a prolonged jet fuel crisis, even as the critical Strait of Hormuz begins to reopen following weeks of geopolitical tension. According to International Air Transport Association Director General Willie Walsh, the road to recovery will not be immediate. While the reopening of this key oil transit route brings […]
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In a dramatic turn of events, the United States and Iran have agreed to a temporary two-week ceasefire, stepping back from the brink of a potentially devastating escalation. The agreement came just an hour before a critical deadline set by President Donald Trump, offering a brief window of relief in a conflict that has shaken […]
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A fresh report released on April 7 by the ISEAS – Yusof Ishak Institute through its ASEAN Studies Centre has revealed a significant shift in Southeast Asia’s geopolitical outlook. The findings highlight that China has once again emerged as the region’s preferred superpower, overtaking the United States for the second time in three years. According […]
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Recent US intelligence reports indicate that Iran is unlikely to ease its chokehold on the Strait of Hormuz anytime soon. According to three sources familiar with the assessments, Tehran’s control over this critical oil passage remains its primary leverage against the United States. The intelligence suggests that Iran may continue to disrupt the strait, keeping […]
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The head of the US central bank, Jerome Powell, said the economic impact of the recent surge in energy prices appears manageable for now. However, he cautioned that the situation could become more serious if people and businesses begin to expect inflation to stay high for a longer period. Speaking during an event at Harvard […]
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