Pakistan's economy is reeling as the Iran-US conflict disrupts oil flows through the Strait of Hormuz. With fuel prices up 20%, the country faces soaring inflation, agricultural distress, and a potential $14 billion hit to its external payments and foreign reserves.
Amid a Middle East fuel crisis and the closure of the Strait of Hormuz, the Indian government has ordered PNG users to surrender their domestic LPG connections immediately.
As Iran continues to target ships travelling through the Strait of Hormuz and infrastructure in Gulf nations, US President Donald J. Trump has called...
Iran's Ambassador to India, Mohammad Fathali, has confirmed that Tehran will grant safe passage to vessels bound for India through the Strait of Hormuz,...
The current war with Iran could have been avoided. US aggression in attacking a country thousands of miles away from their shores, is choking the Strait of Hormuz, a crucial bridge to global trade, is risking millions of people living in the Gulf nations, and destroying infrastructure at an alarming scale.
In a post on Truth Social, Donald Trump declared, "The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money."