More than 500 million barrels of oil disrupted in just weeks, reshaping global energy flows.
Iranian government sources told The Hindu that they plan to first reallow overflight operations that will bring a huge respite to all international airlines connecting Europe with Asia, including Indian carriers
Japan is hoping further US-Iran talks will ease tensions in the Middle East and help reopen the Strait of Hormuz permanently, but there is also mounting anxiety over what a failure could mean for the country as summer approaches. On Friday, Iran said it would reopen the strait for commercial shipping following a ceasefire agreement in Lebanon, while US President Donald Trump added that a US naval blockade of Iran’s ports would remain until a deal with Tehran was struck. The fear in Japan,...
With the US blockading Iran’s ports, Kharg Island is in focus. How are civilians caught in the middle?
Japan’s energy security has long hinged on Middle Eastern oil. The Iran war simply exposed how breakable that lifeline had become. While a two-week ceasefire agreed on Tuesday promises some relief by reopening the Strait of Hormuz to tanker traffic, analysts say the shock has laid bare vulnerabilities Tokyo cannot easily paper over. As an archipelago nation with no cross-border pipelines, Japan draws more than 95 per cent of its crude from the Middle East and routes the bulk of it through the...
As the Iran war disrupts oil flows, fuel shortages hit Asia first. Is this the start of a wider global energy crisis?