NEW DELHI: Shipping traffic through the Strait of Hormuz and the Bab-el-Mandeb strait, the key maritime chokepoints in the Gulf, reduced significantly on Wednesday from the previous day, shipping data showed. Just two vessels transited the Strait of Hormuz, including a Panama-flagged coal-laden carrier entering the waterway and another commodity Marshall Islands-flagged vessel exiting, shipping […]
Companies in the Gulf, some of the most directly affected by the Iran war, will provide one of the clearest insights so far of its regional financial impact when they begin reporting their second-quarter earnings this week. In countries from Saudi Arabia and Oman to the United Arab Emirates and Qatar, company results are likely […]
Share markets surged in Asia on Monday while the dollar slipped and oil prices tumbled as a tentative peace deal between the United States and Iran promised to ease inflationary pressures globally and lessen the need for higher interest rates. Pakistani Prime Minister Shehbaz Sharif said on social media early on Monday that a deal […]
Around 13,000 years ago, as the world was emerging from the grip of the last ice age, much of the North Atlantic region plunged back into near-glacial conditions. Sea ice expanded across the North Atlantic, reaching as far south as the Shetland Islands. Glaciers began to regrow in the Scottish Highlands, while winter temperatures across […]
