Global energy markets experienced sharp disruptions on Monday as crude oil prices surged by more than 4 per cent following an intensification of hostilities involving Iran and the United States. The latest flare-up, which effectively dismantled recent ceasefire understandings, has reignited fears of prolonged supply bottlenecks across the global economy. Prices jumped dramatically immediately after […]

The internationally recognised, Saudi-backed government of Yemen has launched a targeted airstrike on the runway of Sanaa International Airport. According to official military statements, the pre-emptive bombardment was executed specifically to prevent an Iranian aircraft from landing at the facility. The capital city, Sanaa, remains under the administrative and military control of the Iran-aligned Houthi […]

Military tensions between Iran and the United States have taken an unprecedented turn. US President Donald Trump has announced a controversial plan to seize control of the Strait of Hormuz, one of the world’s most critical and sensitive maritime energy chokepoints. In a move that has sent shockwaves through international shipping corridors, the US President […]