A thick plume of smoke rises from an oil storage facility hit by a U.S.-Israeli strike in Tehran, Iran (AP Photo) US Israel Iran War Live: Iran’s FM Abbas Araghchi said that “friendly nations including China, Russia, India, Iraq, and Pakistan” have been allowed passage through the Strait of Hormuz amid ongoing regional tensions. Iran…
MADRID, March 25 (Reuters) – Spanish Prime Minister Pedro Sanchez said on Wednesday it was unjust for citizens worldwide to bear the cost of what he called illegal U.S. and Israeli actions in Iran, warning the war was inflicting severe global economic damage, with Spanish firms alone losing 100 billion euros ($116 billion) in under…
BERLIN, March 24 (Reuters) – Germany’s foreign minister said on Tuesday that he believed U.S. President Donald Trump’s announcement about talks with Iran could mark a turning point in the nearly month-long conflict. “Something is happening, and that’s a good thing in this time when there have been more risks of escalation than possibilities of…
Overseas galleries exhibiting at Art Central in Hong Kong are considering keeping their artworks in the city for months after the fair ends amid rising shipping prices as a result of the US-Israeli war on Iran. Ahead of the fair’s opening at the Central Harbourfront on Wednesday, gallerists told the South China Morning Post that…
There is a certain romance to efficiency. In the automotive world, it shows up as lighter chassis, cleaner airflow, smarter energy use. The fastest cars are rarely just the most powerful. They are the most deliberate. Now take that same philosophy out of the garage and into the sky, and you begin to understand what…
The Hong Kong government has raised the outbound travel alert for Iran and Israel to black, and expanded the amber alert to include Bahrain, Jordan, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE). The government on Monday announced the escalation “in view of the continued deterioration of the situation in the Middle East…
PARIS, March 21 (Reuters) – The foreign ministers of the Group of Seven countries said on Saturday they stood ready to take necessary measures to support global energy supplies and reaffirmed the importance of safeguarding maritime routes, including in the Strait of Hormuz. “We … express support to our partners in the region in the…
By the time this column appears, the world will feel very different from when my previous column appeared earlier this month. In just days, a conflict that some in Washington seemed to believe would quickly topple Iran’s leadership has instead become a potentially long and uncertain war, with little clarity on how or when it…
DUBAI, March 19 (Reuters) – Iran’s foreign minister called for vigilance and regional coordination in separate calls with counterparts in Turkey, Egypt and Pakistan as the military warned of a tougher response to any further attacks on its energy infrastructure, state media reported on Thursday. After its energy facilities in South Pars gas field and…
A recession mindset took hold among global investors after strikes on energy infrastructure in the Middle East heightened fears that disruption to production and distribution would keep oil prices elevated for longer, darkening the global economic outlook. Crude prices staged a comeback on Thursday after Iran attacked a liquefied petroleum gas site in Qatar in…