Global Economy Braces for Impact as Iran Conflict Threatens Energy Security
The Iran conflict threatens to drive energy prices up 24% in 2026, creating the largest oil supply shock on record and endangering global economic stability.
News & Insights Across Asia
The Iran conflict threatens to drive energy prices up 24% in 2026, creating the largest oil supply shock on record and endangering global economic stability.
The US shows little enthusiasm for an Iranian proposal to end the war without a nuclear deal, as conflicts in Gaza and regional tensions continue to escalate.
Iran is considering US talks as Washington reviews a new Iranian proposal focusing on reopening the Strait of Hormuz and de-escalation.
Opposition leader Yair Lapid and former PM Naftali Bennett announce a joint run to unseat Prime Minister Netanyahu in the upcoming Israeli elections.
ASEAN officials convene virtually to discuss energy supply risks stemming from Middle East instability, emphasizing regional cooperation and preparedness.
US cancels envoy trip for Iran talks as German Chancellor warns the military conflict poses a severe threat to the foundations of the global economy.
Former President Trump cancels a key US diplomatic mission to Pakistan as Iran’s foreign minister engages in a multi-nation tour, highlighting stalled efforts to resolve regional tensions.
Twelve Palestinians, including six policemen, killed in Israeli strikes in Gaza on Friday amid shelling near a hospital.
Iran’s foreign minister excludes direct talks with U.S. officials during Pakistan visit, as regional tensions persist and a fragile ceasefire holds.
US President Donald Trump defended his Iran war strategy in a heated exchange with a reporter, citing military progress and drawing comparisons to past conflicts.
Pakistani and Iranian foreign ministers discuss regional peace efforts and underline the need for sustained dialogue during a Friday phone call.
Iran’s Foreign Minister Seyed Abbas Araghchi starts a diplomatic tour to Pakistan, Oman, and Russia today, aiming to bolster regional ties.
A U.S.-announced extension of the Israel-Lebanon ceasefire offers hope, but regional tensions with Iran and new economic moves suggest stability remains fragile.
A three-week extension of the Israel-Lebanon truce offers a brief respite, while the US maintains a firm, patient stance on Iran amidst a significant military buildup in the region.
A U.S.-Iran ceasefire is extended, but a naval blockade on the vital Strait of Hormuz continues, prompting Tehran to halt all negotiations.
Tensions spike as the US and Iran release videos of troops boarding commercial ships in the Gulf, raising fears of a wider conflict.
Five Palestinians, including three children, were killed in an Israeli air strike in northern Gaza on April 22, as the conflict’s death toll continues to rise.
An Israeli airstrike in northern Gaza killed five Palestinians, including three children, on April 22, according to local health officials.
Iran-US ceasefire talks are stalled with ‘no time frame’ for resolution, as Iran links peace to lifting maritime blockades and a key US official departs.
IMO urges immediate de-escalation in Middle East shipping routes as attacks surge, endangering 20,000 stranded seafarers and global trade.