Iran has announced that it has started earning revenue from newly imposed tolls on ships passing through the Strait of Hormuz, marking a significant development amid rising tensions in the region. According to Hamidreza Hajibabaei, the first batch of toll payments has already been received and deposited into the country’s central bank. The statement, shared […]
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Qatar has reported that an oil tanker connected to its state energy company was struck by a missile while sailing within the country’s territorial waters, raising fresh concerns about safety and stability in the Gulf region. According to a statement released by Qatar’s defence ministry, three cruise missiles were launched from Iran toward the Gulf […]
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Thailand’s government has announced a significant development that could help stabilize the country’s energy supply. Prime Minister Anutin Charnvirakul confirmed that Thailand has successfully reached an agreement with Iran to ensure Thai oil tankers can safely pass through the Strait of Hormuz, one of the world’s most important and sensitive shipping routes. Speaking during a […]
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The ongoing conflict in the Middle East is no longer just a regional battle. Experts warn it could reshape the global energy landscape in ways the world has not seen in decades. According to the head of the International Energy Agency, the situation could trigger an energy crisis even more severe than the oil shocks […]
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Global investors rushed toward safe haven assets on Monday, sending gold and silver to record highs, after fresh trade war fears rattled stock markets worldwide. The trigger was a renewed warning from former US President Donald Trump, who threatened tariffs against several European nations amid a dispute over Greenland. Trump has reignited geopolitical tensions by […]
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