TagsMiddle East Crisis

Tag: Middle East Crisis

Trump backs India-Middle East-Europe Economic Corridor, says need to shift energy infrastructure away from Iranian checkpoints

Export - Import
NEW YORK: US President Donald Trump on Tuesday (local time) said his administration strongly supports the India-Middle East-Europe Economic Corridor, saying there is a...

“All Iranian airlines will be shut down around the world”: US threatens secondary sanctions against foreign airports, fuel suppliers

Airports
WASHINGTON D.C.: United States Treasury Secretary Scott Bessent has warned that Iranian airlines could be effectively shut out of international travel from Wednesday (local...

Houthis push for control of Yemen highlands as Trump is said to have called off strikes

International Shipping
RIYADH/DUBAI: Houthi fighters pushed to seize strategic heights in Yemen on Monday to cut off the Red Sea coast ​from remaining areas held by...

New front in West Asia; Trump mulls option on strike against Houthis after attack on Saudi capital

Export - Import
WASHINGTON D.C.: There are indications that a new front is likely to open in the restive Middle East with the American adminstration studying its...

Ukraine strikes Iranian vessels in Caspian Sea, Tehran accuses Kyiv of ‘hostile and criminal act’

International Shipping
TEHRAN : Iran summoned a Ukrainian diplomat in Tehran on Sunday to protest an attack on an Iranian commercial vessel in the Caspian Sea,...

Middle East Conflict: Strait of Hormuz Transits back to 90% below “Normal”

International Shipping
LONDON: Clarksons Research, the data and analytics arm of the Clarksons Group, continue to track and monitor shipping activity and markets impacted by the...

‘Hormuz blockade only for Iran and anybody doing business with them’: Trump

International Shipping
WASHINGTON DC: US President Donald Trump on Monday (local time) announced that American forces will reimpose a naval blockade in the Strait of Hormuz...

Middle East conflict, fuel price surge to halve global airline profits in 2026: IATA

Air cargo
RIO DE JANERIO: Global airline industry profits are expected to halve in 2026 as the conflict in the Middle East and a sharp rise...

MEG offshore sector: resilience in the short term, structural risks on the horizon

International Shipping
LONDON/SINGAPORE:  A combination of contract terminations, spiralling insurance costs and the threat to EPC projects are creating a complex combination of risk for offshore...

India exporting only food and essential items to West Asia via Oman, Dubai

COMMERCE
NEW DELHI : India is rerouting their exports to the countries of Gulf Cooperation Council (GCC) through Oman, Hatta Border, Dubai and Khor Fakkan...
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