Regional experts warn that escalating tensions in the Persian Gulf could disrupt trade routes, affect energy prices, and destabilize security dynamics across Kenya and neighboring East African nations.
Malaysia Airlines is redirecting its operational focus toward East Asian markets as the initial traffic surge driven by Middle Eastern geopolitical tensions begins to normalize.
As the ongoing war in the Gulf enters its second half without a clear resolution, regional analysts note that neither side has achieved a decisive victory, prompting a search for a new regional security framework.
Confindustria, Italy's main business lobby, has expressed alarm over the economic outlook, citing the impact of fresh conflict in the Gulf and rising oil and gas prices. These factors are expected to hinder economic growth, particularly in the third quarter.
Pakistan's Prime Minister has issued a warning to fuel hoarders, emphasizing the adverse effects of Gulf tensions on the economy and calling for a comprehensive strategy to respond to the situation.
SK Hynix shares have continued to plummet, experiencing a record drop and leading broader chip sector declines as investor concerns about the AI trade intensify and a selloff deepens in the Korean market.
Trade blockages in the Strait of Hormuz, fueled by the Gulf conflict, are driving a search for unconventional and locally sourced fertilizers, including human urine and worm manure.
Dubai's economy faces vulnerability due to its reliance on trade and travel, as conflict continues to ripple through the Persian Gulf, impacting its economic endurance.
The ongoing conflict in the Gulf region has inadvertently opened up fresh economic opportunities for Tanzania, prompting the nation to explore new avenues for growth.
The conflict in the Persian Gulf is disrupting a third of global helium deliveries, raising concerns about a potential shortage that could have cascading effects on the electronics, medical, and industrial sectors.
The "Gulf conflict" is causing a significant increase in household bills and food prices in Italy, imposing an estimated "thousand euro tax" on Italian families and impacting businesses.
Following President Trump's decision to pause US naval escorts in the Strait of Hormuz, Tehran celebrated the move as a victory, while Iran's foreign ministry reiterated its demand for a fair and comprehensive agreement to resolve the Gulf conflict.
The two-month-old US-Iran conflict has led to an oil price shock, significant increases in the cost of living, and widespread flight cancellations worldwide, affecting the global airline industry.
Former Finance Minister Ivan Mikloš offers a prognosis on the Middle East war, suggesting a resolution in the Persian Gulf conflict within weeks or months, as continued conflict is unfavorable for…
Iran reportedly closed or reimposed control over the Strait of Hormuz, accusing the United States of breaching terms or imposing a blockade. This action led to reports of ships being affected and prompted international reactions, though some reports later indicated the strait returned to its previous state.
Pakistan is moving towards establishing a quad framework, with a mechanism taking shape amidst the ongoing Gulf conflict. The next meeting for this initiative is scheduled to take place in Antalya.
While the Gulf conflict could lead to increased LPG prices, India's Central Consumer Protection Authority (CCPA) has declared additional restaurant charges like "LPG charges" unlawful, emphasizing price transparency.
Economist António Nogueira Leite states that rising inflation is a consequence of the conflict in the Gulf, warning that this situation could lead to an increase in bank loan payments.
The direct targeting of energy facilities in the Gulf highlights that regional conflict is escalating beyond military or diplomatic crises, raising concerns about the world's ability to maintain energy supplies.
Major General Arnaut Moreira criticized the US's lack of coherence and unrealistic demands from both sides, arguing that military pressure will not resolve the Gulf conflict and will only prolong economic chaos.
BusinessAPeconomistThe Guardian+18cbccnbcSCMPn1-serbiapolitikenTimes of Indiastraits-timesjapan-times+10 more5mo ago21 sources
The ongoing Middle East war continues to trigger global economic fallout, with only a trickle of cargo ships passing through the Strait of Hormuz since Iranian forces effectively blocked the route, leading to significant disruptions to worldwide supply chains, higher costs, surging fuel prices, and heightened supply interruption fears.
Pakistan's T20 league, the PSL, will commence without crowds and be restricted to only two venues, a decision made due to the fuel crisis stemming from the US and Israel's war with Iran.
Emirates is operating flights to Dubai that are often near-empty as travelers avoid the Persian Gulf region, highlighting the significant challenges the airline faces in restoring its network amidst an ongoing war.
High-net-worth British residents of the UAE are reportedly seeking sanctuary in countries like Ireland and France to wait out missile attacks in the Gulf, specifically to avoid incurring hefty tax bills in the UK before the tax year ends.
MANILA, Philippines — The Philippine National Police – Highway Patrol Group (PNP -HPG) ordered its patrol officers to save on fuel amid looming price hikes triggered by escalating tensions in the…
The prospect of ₱90 per liter of gasoline is no longer a distant scenario but an emerging risk that could ripple through transport costs, electricity generation, and the broader cost of living across…
India's fertilizer supply faces potential disruptions for the upcoming kharif season if the Strait of Hormuz blockade persists. While current stocks are healthy, reduced LNG imports for urea production could impact output. Rising global prices due to shipping route blockades may also increase government subsidy expenses.
The state of Andhra Pradesh is making efforts to evacuate its citizens, particularly Telugu people, who are currently stranded in Iran, aiming to complete the process within three days through diplomatic and community channels.
Crude oil prices have climbed above $100 per barrel and European natural gas costs have reached their highest levels since early 2023 due to escalating conflicts in the Middle East. These spikes are fueling fresh inflation concerns and market volatility ahead of the winter season.
Following a month-long pause in hostilities, renewed attacks between Washington and Tehran highlight the strategic dangers of a potential Gulf war, with experts arguing that neither side would emerge victorious from further escalation.
Pakistan's Prime Minister stated that Islamabad carefully balanced its diplomatic efforts during the recent Gulf conflict to avoid escalating the regional crisis.
The past week has seen a significant increase in danger for commercial sailors in the Gulf, as Tehran has reportedly begun using more-lethal missiles in the ongoing conflict.
Experts warn that diesel prices in Romania could rise to 10 lei per liter by September if the conflict in the Gulf escalates. This potential increase is attributed to the impact of regional instability on global oil markets.
Consumers are warned of a fresh wave of price rises on eggs, fish, and motor fuels, despite a fall in overall inflation, with the Gulf conflict cited as a contributing factor.
The United States and Iran have signed a 14-point memorandum of understanding to end the war in the Middle East, with experts weighing in on the agreement and its implications. The deal includes a $300 billion reconstruction fund and has prompted calls for reduced oil prices.
Bankitalia Governor Fabio Panetta, in his final considerations, emphasized that productivity and growth are key challenges, urging focus on youth and AI while protecting workers, noting the international situation dramatically altered by the Persian Gulf conflict.
The French executive assured that announced aid for those affected by rising fuel prices, triggered by the conflict in the Gulf, would not be questioned even if an agreement on the 'War in Iran' is reached.
The European chemicals industry is facing severe challenges, including high energy prices, weak demand, and competition from cheaper Chinese products, with the Gulf conflict pushing the sector to a breaking point.
Around 3,000 to 4,000 overseas Filipino workers (OFWs) employed in US military bases in the Middle East are at risk of losing their jobs due to ongoing disruptions from the escalating Gulf conflict.
Australia's Energy Minister announced that 20% of the country's gas exports will be reserved for domestic consumption, a measure taken in response to the energy crisis linked to the Gulf conflict.
Western Mediterranean ports are experiencing a surge in superyachts as wealthy owners seek safe havens from the Persian Gulf conflict, leading to record turnover for marinas and shipyards in France, Italy, and Spain.
Brent crude oil prices have reached their highest point since the US-Iran ceasefire began in early April, with ongoing conflict impacting Gulf crude production cited as the primary driver.
Kevin Warsh, President Trump's nominee for Federal Reserve chair, faced intense questioning during his Senate confirmation hearing regarding his independence from the administration and his proposed 'regime change' in Fed policies. He denied being a 'sock puppet' for Trump while sidestepping questions about the president's influence on rate policy.
BBC Security Correspondent Frank Gardner provides an analysis of China's involvement and influence in the ongoing Gulf conflict, often referred to as the Iran war.
The ongoing Middle East conflict is prompting Asian investors to reassess Dubai's appeal as a financial hub, while also exposing fiscal vulnerabilities in countries like Romania, which needed reserve funds to mitigate the crisis. Cyprus has also seen its fuel support measures fail to reach consumers due to the geopolitical turmoil's impact on prices.
Low-cost drones are becoming key players in the Gulf conflict, with a competitive race among actors to produce them. The article highlights the increasing importance of price as a factor in drone warfare.
The Economist reports that Iran is unexpectedly earning billions from an energy market paradox, even as the Gulf conflict causes significant global market disruptions.
The Greek Supermarket Association has reassured consumers of adequate product availability and stable prices ahead of Easter, addressing concerns arising from the ongoing conflict in the Middle East.
A Polish article highlights the critical role of animal production in ensuring food security, drawing lessons from recent global crises including the pandemic, the war in Ukraine, and the current Persian Gulf conflict, emphasizing the importance of food sovereignty.
Indian expatriates in Dubai are reportedly hunkering down amidst the ongoing Gulf conflict, with their desire to remain underpinned by deep historic links and economic necessity.
Natural gas prices in Europe are projected to remain high this summer due to the Persian Gulf conflict, which is impacting global energy supply and could put pressure on European prices and winter storage capacity, with Asian countries currently most affected.
China has called for a resolution to the ongoing conflict in the Gulf region and offered to help ease an energy crunch in Southeast Asia, signaling its diplomatic engagement in the crisis.
The ongoing conflict in the Gulf region has necessitated the creation of new air routes between Europe and Asia, leading to a significant increase in revenue for countries like Azerbaijan and Georgia from the utilization of their airspace.
Almost four crore people flew between India and the Gulf in 2025; half of all international passengers flying to or from India was on a Gulf route; idle aircraft, longer flights, higher costs, lower…
The Gulf conflict has led to higher fuel prices, and the cost of operating a plane has sharply increased. For travelers, that likely means higher fares.
An analysis of the military strategies of the US and Iran, following an Israeli-American attack on Iran and Tehran's response against Gulf countries, with one side focusing on the Iranian Navy and the other seeking to broaden the conflict.
Hyderabadis abroad are facing significantly higher airfares for flights returning home due to disruptions from the US-Iran conflict. Direct flights from London to Hyderabad have reached nearly Rs 2.5 lakh, while fares from Gulf countries have surged by almost 200%. Reduced flight capacity and high demand are contributing to these unprecedented price hikes.
The United States halted operations at its embassy in Kuwait City, officials said Thursday, as escalating military strikes on Iran and retaliatory attacks across the Gulf raise sec...
The war in the Persian Gulf has once again made the Strait of Hormuz a critical point for global oil, with approximately 20% of worldwide crude and product flows passing through this narrow waterway.
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Iran announced plans to declare a restricted zone beyond the Strait of Hormuz and warned South Korea against military involvement, triggering fears of escalation. These tensions, compounded by reports of attacks on Saudi Aramco facilities, drove oil prices to a six-week high.
As the ongoing Gulf conflict enters its sixth month without a decisive resolution, regional analysts and policymakers are exploring a new security framework, with experts noting the intersection of prolonged warfare and shifting fiscal policies.
A Russia-Iran analyst suggests that the conflicts in Ukraine and the Gulf region are becoming increasingly interconnected, highlighting complex geopolitical dynamics.
The conflict in the Gulf has reportedly weakened traditional oil producers, bolstering China's energy position, despite the Asian country facing its own economic difficulties and an aging population.
Donald Trump stated that the United States would take control of the Strait of Hormuz and charge a 20% fee for all cargo transit. He suggested the US would act as a 'guardian angel' for the strait and be compensated for its security efforts.
Despite plans to cease Russian natural gas imports by 2027, EU states have increased their imports of Russian liquefied natural gas (LNG) by a fifth this year due to the Gulf conflict, shifting from pipeline to ship deliveries.
An analysis suggests that a potential peace agreement with Iran may not resolve the broader conflicts and tensions persisting in the Persian Gulf region.
Greek tourism recorded a significant increase in both arrivals and revenues in March, the first month after the outbreak of the Gulf conflict, demonstrating its resilience despite the energy crisis.
The global economy is heading into a difficult situation as financial markets are perceived as blind, with a distant conflict in the Persian Gulf transforming into an economic blow for the entire planet due to shut-down refineries and blocked tankers.
The ongoing conflict in the Gulf region has led to uncertainty regarding tourist returns to markets like the UAE, prompting luxury brands to prioritize local buyers and value over volume.
OPEC's oil output is reported to have fallen to its lowest level in decades, primarily due to supply disruptions stemming from the ongoing conflict in the Gulf region.
Standard Chartered has reported financial results that topped market forecasts, with the bank also downplaying potential risks stemming from the ongoing conflict in the Gulf region.
This article recommends six books intended to provide context and deeper understanding of the current conflict in the Gulf region. The selections aim to offer historical, political, and social perspectives.
A potential or ongoing conflict in the Persian Gulf, including discussions of a blockade, is raising concerns about global energy markets and capital flight. The situation is also reportedly plunging Pakistan into darkness due to its wider implications.
Amidst a fragile ceasefire in the Gulf, this article highlights how Iran's underground military architecture has been crucial in sustaining its capacity against potential US-Israeli attacks. The conflict is not only defined by conventional weaponry but also by the reshaping of the battleground itself through such hidden infrastructure.
Turkish President Recep Tayyip Erdoğan has expressed support for Pakistan's peace initiative aimed at resolving the Gulf conflict, commending Prime Minister Shehbaz Sharif's leadership in these efforts.
Pakistan is experiencing a 'double whammy' of falling remittances and rising energy prices, with a prolonged Gulf conflict posing a significant threat to the country's external account.
The Iran war has severely impacted the luxury car market in the Gulf, leading to showroom closures, paused deliveries, and halted bespoke orders, with automakers warning of lasting damage.
Global oil prices are climbing and stock markets are falling, including a €17 billion loss for Greek stocks, as investors perceive no immediate end to the ongoing war, exacerbating Middle East tensions and driving up fuel costs. Markets are particularly rattled by concerns over potential blockages of key chokepoints like the Strait of Hormuz and the Bab el-Mandeb strait, with Wall Street's 'fear gauge' spiking and Asian airlines raising ticket prices. Irish economists warn of escalating global recession risks, while New Zealand's Pharmac monitors medicine supply risks, all contributing to looming energy and supply crises.
Former Ukrainian General Valeriy Zaluzhny has issued a warning that a potential conflict in the Persian Gulf, combined with the war in Ukraine, could escalate into a global conflict, criticizing world leaders for their inaction.
Qatar Airways has moved several long-haul aircraft into storage at Teruel airport in Spain, signaling the airline's preparations for the ongoing Gulf conflict. This strategic decision reflects the operational adjustments being made due to regional tensions.
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Attacks on oil and gas facilities in the Middle East by both sides are escalating, threatening grave consequences for the global economy, prompting French President Emmanuel Macron to call for a moratorium on such attacks.
An analysis explores how energy facilities like South Pars and Ras Laffan have become targets, highlighting the escalating conflict and the strategic use of energy as a weapon in the Gulf.
LAHORE: Pakistan’s fragile economy, already reeling from the shock of rising oil and gas prices, has been further exacerbated by a lack of economic restructuring measures, five senior PTI leaders incarcerated in Kot Lakhpat Jail said on Tuesday.
In an open letter shared by their counsel Rana Mudassar Umer, PTI leaders Shah Mahmood Qureshi, Dr Yasmin Rashid, Ejaz Chaudhry, Mian Mahmoodur Rasheed and Omar Sarfraz Cheema said that Pakistan’s hard-earned macroeconomic stability, gained by “squeez...
Wealthy Britons are reportedly fleeing conflicts in the Gulf region but are choosing not to return to the UK, instead relocating to countries like Ireland and France to avoid high income and capital gains taxes in their home country.
US says its firepower will ‘surge dramatically’ and IDF warns of ‘surprises ahead’, as Iran launches retaliatory strikes
Middle East crisis – live updates
Israel and the US have bombarded Iran and…
Europe is experiencing a significant increase in armaments, with countries rapidly procuring weapons even before the Persian Gulf conflict, according to SIPRI data for the 2021-2025 period, detailing which countries are buying arms and from whom, including Greece's position.
Indians in Qatar and Bahrain are seeking Saudi transit visas as a backup plan due to flight cancellations. With airports in Doha and Bahrain largely shut, many are preparing for overland journeys to Saudi Arabia or Oman. This comes amid ongoing regional tensions, prompting a need for alternative travel routes home.
The Greek Ministry of Development is close to activating emergency market regulations amid concerns over rising fuel prices and container freight costs, anticipating economic shocks from the Persian Gulf conflict.
Drones struck the U.S. Embassy in Riyadh and more explosions rocked cities across the Gulf Tuesday as Iran targeted industrial and diplomatic sites around the Middle East and gover...
Key hubs including Dubai — the world's busiest international airport that normally handles over 1,000 flights a day — remain closed, slashing capacity on popular routes.