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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Global oil markets jolted sharply on Thursday after Donald Trump signaled that the United States would continue its military operations against Iran, without offering a clear timeline for when the conflict might end. The uncertainty has intensified fears across financial markets, particularly around prolonged disruptions to global oil supply. Benchmark crude prices reacted immediately. Brent […]
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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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India’s Prime Minister Narendra Modi arrived in Israel on Wednesday for a two-day visit aimed at strengthening defence cooperation, expanding trade ties, and reinforcing what he described as a “robust and multifaceted strategic partnership.” Before departure, Modi emphasized the steady growth in bilateral relations and confirmed that he would meet Israeli Prime Minister Benjamin Netanyahu, […]
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In a significant diplomatic and economic development, US President Donald Trump announced that he would instruct relevant agencies to remove Vietnam from the United States’ strategic export control list. The statement followed his first in-person White House meeting with Vietnam’s top leader, To Lam, marking a pivotal moment in US–Vietnam relations. According to Vietnam’s Government […]
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