Tag: Strait of Hormuz
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Iran says it has a ‘new operational plan’ if the U.S. resumes attacks, as shipping vessels report strikes
Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, said the country’s military has prepared a response to any new attacks.
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Commentary: Southeast Asian economies are growing amid the Iran war but inflation pains the poor
The Strait of Hormuz crisis has drained fiscal resources as imported energy bills and social subsidies balloon, says an ISEAS – Yusof Ishak Institute academic.
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Two Singapore-registered vessels struck in Strait of Hormuz, one sinks
All crew members on both container vessels are safe, says the Maritime and Port Authority of Singapore.
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Egyptian foreign minister urges diplomacy, says ‘no military solution’ to Middle East conflict
In a wide-ranging interview with CNA’s Saksith Saiyasombut at the IMF-World Bank Annual Meetings in Bangkok, Egyptian Foreign Minister Badr Abdelatty also discussed opportunities for greater trade with Asia and the growing debt burden on developing countries.
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Trump says he is ‘going to look at’ joining Saudi Arabia in the fight against Iran-backed Houthis after deadly airport strike
U.S. military involvement in the fight against the Houthis would stretch resources in the Middle East already committed to fighting Iran, analysts said.
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Putin relayed Iran war proposal to Trump, Kremlin says
Putin’s reported call with Trump regarding the Iran war comes on the heels of a deal for the U.S. to buy Russian diesel amid a surge in fuel prices.
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Goldman: Diesel prices set to stay high through 2027 as refineries struggle to meet demand
Goldman Sachs says tight refinery capacity could keep diesel prices elevated through 2027, with high margins needed to curb demand and rebuild inventories.
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Saudi Aramco chief says replenishing global oil stockpiles could take two years
Saudi Aramco’s CEO warned it could take up to two years to rebuild global oil inventories, saying the squeeze could worsen as the U.S.-Iran war continues.
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More tankers struck in the Middle East as Iran reiterates conditions for reopening the Strait of Hormuz
Tehran’s conditions include a halt to U.S. “acts of aggression,” an end to the naval blockade and economic warfare, and the release of Iranian assets.
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Iran says received US response to its proposal to end war
TEHRAN: Iranian authorities said on Wednesday (Sep 30) they received the official US response to their proposal to end the Middle East war, state media reported, days after US President Donald Trump rejected the plan.”At today’s cabinet meeting, the American side’s proposal was presented to President Masoud P
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