Strait of Hormuz — Page 2

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Iran’s president says US memorandum is best path out of stalled war, and other Middle East news

Iranian President Masoud Pezeshkian has defended the memorandum of understanding with the United States as the best way to move beyond a situation of 'neither war nor peace,' even as the 60-day deadline for talks expires without compromise. Meanwhile, the US Treasury is set to announce new sanctions, Iran’s security chief has warned neighbors against joining them, and violence continues in the West Bank and Gaza.

10 outlets · 10 articles 2d ago

Pakistan army chief to visit Tehran in continuation of mediation role between US, Iran

Pakistan's army chief Asim Munir is set to visit Tehran on Monday to continue mediation efforts between the US and Iran, as announced by Iran's foreign ministry. The visit comes amid stalled peace negotiations and looming US sanctions, with Pakistani sources confirming the trip.

23 outlets · 36 articles 2d ago

Centre Pushes States To Speed Up PNG Adoption, Seeks District

India's Petroleum Ministry has asked states and Union territories to provide district-level administrative support to accelerate the switch from LPG to piped natural gas (PNG) in households, including appointing nodal officers. The move follows supply disruptions during the West Asia crisis and aims to reduce dependence on imported cooking gas.

8 outlets · 11 articles 2d ago

Six EU countries push for windfall tax on oil companies amid surging war profits

Finance ministers from six EU countries have written to Ireland, which holds the rotating EU presidency, urging that a windfall tax on oil companies be added to the agenda for next month's meeting of EU finance chiefs in Dublin. The letter, dated August 21, cites surging oil company profits and calls for an EU-wide framework to tax windfall profits, drawing on lessons from a similar 2022 levy.

4 outlets · 4 articles 2d ago

How will Sensex, Nifty behave on Monday? 4 factors to drive D-Street action this week

After a week of marginal losses, Indian benchmark indices are expected to remain volatile as investors weigh escalating US-Iran tensions, a key Federal Reserve speech, and movements in crude oil prices. Analysts point to defensive sentiment and technical resistance levels, while broader markets show resilience in small-caps.

8 outlets · 8 articles 2d ago

Bangladesh's gas crisis hits factories, homes and transport

Bangladesh's natural gas crisis has forced the closure of major fertiliser plants, disrupted garment factories, caused power cuts and sparked protests. The crisis is blamed on underinvestment in gas fields and import disruptions linked to the US-Iran war, with the government now planning new drilling and imports.

6 outlets · 6 articles 2d ago

Macron hosts Saudi's MBS for visit ranging from esports to Mideast

Saudi Arabia's Crown Prince Mohammed bin Salman concluded a two-day state visit to France, meeting with President Emmanuel Macron amid agreements on health, transport, and energy, and discussions on regional security and a Dragon Ball-themed park.

1 outlet · 1 article 2d ago

Iran claims neighbours seek new security order

Iran's parliament speaker says Tehran has received messages from neighbouring nations about shaping new security and economic cooperation in the region, while a top security official warns countries against joining a US-led 'economic war'. The statements come amid ongoing conflict and threats of new sanctions.

3 outlets · 3 articles 2d ago

Iranian women defy efforts by hardliners to enforce wearing of hijab

Iran's top security chief Mohsen Rezaei has vowed to 'neutralize the economic war' with the United States and threatened to halt oil flow through the Strait of Hormuz if neighboring countries join US sanctions. Meanwhile, a cultural faultline has re-emerged over hijab enforcement, with reports of cafe closures and defiant women.

1 outlet · 1 article 2d ago

Inflation data and RBA minutes to reveal rates clues

Australia's upcoming inflation figures and RBA minutes could shape the outlook for interest rates. Economists forecast a monthly CPI rise of 0.8%, with annual inflation easing to 3.2%, while RBA officials signal possible hikes if inflation exceeds forecasts.

2 outlets · 2 articles 2d ago

US oil and gas workers drive production to record high: Energy Secretary Chris Wright

US Energy Secretary Chris Wright said American oil and gas workers have driven production to an all-time high, making the U.S. the world's largest producer. He credited President Trump's energy policies for the achievement, while also highlighting U.S. military efforts to maintain oil flows through the Strait of Hormuz amid ongoing tensions with Iran.

2 outlets · 2 articles 2d ago

Strait of Hormuz will not open until US corrects its behaviour: Iran's Mohsen Rezaei

Iran's Supreme National Security Council Secretary Mohsen Rezaei said the Strait of Hormuz will stay closed until the US corrects its behavior and fulfills its commitments. Tehran also announced service fees for authorized ships and warned of penalties for non-compliant vessels, as the US prepares new economic measures.

16 outlets · 26 articles 2d ago

Strait of Hormuz will not open until US corrects its behaviour: Iran's Mohsen Rezaei

Iran's President Masoud Pezeshkian defends a memorandum of understanding with the US as the best path out of a stalled war, while the new head of Iran's Supreme National Security Council, Mohsen Rezaei, warns that the Strait of Hormuz will remain closed until the US changes its behaviour. Rezaei also threatens neighbouring countries against joining US economic pressure, and the US announces an 'Economic D-Day' campaign against Iran.

8 outlets · 11 articles 2d ago

India can help US find a way from Iran trap: Former British PM Boris Johnson

Former British Prime Minister Boris Johnson, speaking at The Economic Times World Leaders Forum, urged closer coordination among India, the United States and the United Kingdom to end the Iran conflict and reopen the Strait of Hormuz. He described the US involvement as a mistake, recalled historical India-Russia ties via a conversation with Queen Elizabeth II, and pressed for greater pressure on Moscow over Ukraine while praising India's leadership and democratic trajectory.

3 outlets · 3 articles 2d ago

46 OFWs from Kuwait, 17 Filipino seafarers repatriated

Forty-six overseas Filipino workers from Kuwait and 17 Filipino seafarers of the M/V Minoan Dignity arrived in Manila on separate flights Friday night. One Filipino chief engineer died after the vessel was hit by an unidentified projectile in the Strait of Hormuz.

2 outlets · 2 articles 2d ago

Indian foreign minister to arrive on two-day visit to Russia on Sunday — diplomatic agency

External Affairs Minister S Jaishankar visited Russia on August 23-24, meeting President Vladimir Putin and conveying PM Modi's personal communication. Discussions covered economic cooperation, upcoming summits, and regional issues, with both sides highlighting growing ties and setting the stage for future engagements.

18 outlets · 30 articles 3d ago

World Bank projects war-hit Lebanon’s economy to contract by 6.4 percent

The World Bank’s Summer 2026 Lebanon Economic Monitor projects a 6.4% economic contraction this year, after Hezbollah’s renewed conflict with Israel in March derailed a 2025 recovery that had seen 4.2% GDP growth. Inflation is expected to rise to 17.5%, and the report warns that reforms are critical to restoring confidence and mobilizing reconstruction financing.

2 outlets · 2 articles 3d ago

Over 750 US servicemen have been wounded in Iran war, Pentagon numbers reveal - report

Recent Pentagon casualty figures reveal up to 774 US service members killed or wounded in the ongoing US-Iran conflict, which approaches its seventh month. The data includes 18 deaths and 756 wounded, with some figures temporarily disappearing from the database. Meanwhile, the ceasefire has expired without extension, and negotiations remain paused.

1 outlet · 1 article 3d ago

Where’s the beef? Trump says he’s got ‘300,000 metric tons’ of it

President Trump announced a 90-day move to allow up to 300,000 metric tons of ground beef into the U.S. without out-of-quota tariffs, claiming exporters would sell at 25% below market prices. The plan, aimed at lowering grocery costs, has drawn sharp criticism from cattle producers and Republican lawmakers in ranching states. Trump did not specify which countries would supply the beef.

9 outlets · 9 articles 3d ago

Iran president says time to end war while Tehran is in position of strength

Iranian President Masoud Pezeshkian urged an end to the war with the US, claiming Tehran holds a position of strength, while Washington prepares to unveil 'the toughest sanctions in history.' With diplomatic talks stalled and the Strait of Hormuz partially shut, both sides trade defiant messages ahead of the US Treasury's press conference.

12 outlets · 14 articles 3d ago