The attacks on Iran’s infrastructure came on the sixth consecutive day of U.S. strikes. A retaliatory attack by Iran caused damage to a power and desalination plant in Kuwait.By Rachel Chason, Mohamad El Chamaa and Suzan Haidamous The U.S. military struck bridges, energy infrastructure and a port facility in southern Iran overnight …
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Russian oil remains India’s biggest supply cushion, but experts say LPG & LNG imports remain highly vulnerable to renewed Strait of Hormuz disruption.New Delhi: Amid renewed uncertainty around the Strait of Hormuz, Russian crude continues to dominate India’s imports, averaging around 2.5 million barrels per day (mbpd) until 15 July, and …
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A reported US strike on a railway bridge in northern Iran has drawn attention to a lesser-known front in the widening conflict: the battle over the transport corridors linking Iran to Central Asia, Russia and China. Iranian state media and the IRGC said cruise missiles attributed to US forces struck …
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The 2026 NATO Summit opens today, 7th July, in Ankara, at a critical moment for the Alliance as Russia’s war in Ukraine, pressure on European defense systems, and the U.S. strategic pivot toward the Indo-Pacific intensify debates over transatlantic burden-sharing. The emerging “NATO 3.0” framework would shift greater responsibility for conventional defense, …
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Energy experts estimate output to rebound within weeks, but it may take months to rebuild shipping confidence and repair damaged energy assets.New Delhi: The interim US-Iran agreement has paved the way for the reopening of the Strait of Hormuz, but energy market experts caution that oil production and exports from major …
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The Company Carries Influence Since It Would Bring a U.S. Major Into a Sector That Washington Has Viewed as Off-Limits ConocoPhillips’s reported plan to sign a contract with Syria’s transitional government would be a significant step in Syria’s return to international energy markets. If finalized, this deal would make ConocoPhillips the …
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A Revived Line Would Connect Turkish Industry to Arab Markets, Boost North-South Trade, and Complement Other Projects Turkey is working to modernize and extend the historic Hejaz Railway as it seeks to transform this neglected Ottoman-era line into a tool for infrastructure diplomacy. Built in the early 20th century to …
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Crude prices fall as markets price out West Asia conflict risk. Analysts say India could benefit through lower import bill, easing inflation and improved energy security. New Delhi: The US-Iran peace agreement and the subsequent reopening of the Strait of Hormuz could help ease global energy supplies, lower crude prices and provide relief …
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The escalation involving the United States, Israel, and Iran has renewed attention on the energy-security vulnerabilities of the Gulf Cooperation Council (GCC) states: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The conflict has affected maritime confidence around the Strait of Hormuz, one of the world’s most …
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The closure of the Strait of Hormuz marks a rupture in the post-1970s energy order, with consequences that may redefine how the global economy functions The US and Israeli-led war on Iran has initiated a chain reaction that has culminated in the most significant oil supply disruption in modern history. Iran’s retaliatory strikes against …
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