Tag: Strait of Hormuz

For a second day in a row, US and Iran have exchange strikes across Middle East. Iran again claimed attacks on United States military bases in Bahrain, Kuwait and Jordan, ...

U.S President Donald Trump has stated that Iran was responsible for downing an American military helicopter near the Strait of Hormuz. He asserted that the U.S “must” respond to the ...

A fresh downgrade in global economic growth projections by Fitch Ratings has sparked concerns about the potential implications for Ghana’s economy, as the world grapples with rising inflation, higher energy ...

United States and Iran have exchanged fresh military strikes deepening tensions around the Strait of Hormuz and raising further uncertainty over efforts to secure a lasting agreement to end months of ...

United States and Iran have remained divided over several major issues despite growing signs of progress toward a possible agreement aimed at extending their fragile ceasefire and restarting negotiations over ...

Iran’s Islamic Revolutionary Guard Corps (IRGC) has claimed responsibility for targeting a U.S. military base in retaliation for fresh American strikes in southern Iran, sharply escalating tensions and casting renewed ...

The Food and Agriculture Organization of the United Nations (FAO) has warned that the closure of the Strait of Hormuz could trigger a global food price shock within the next ...

UK Foreign Secretary, Yvette Cooper, has warned that the world cannot afford further delay in reopening the Strait of Hormuz, as concerns intensify over a deepening global food security crisis affecting ...

The United Arab Emirates has announced plans to accelerate construction of a new oil pipeline through Fujairah as the country seeks to strengthen its energy export capacity amid mounting regional ...

Global commodity markets are once again under pressure as food prices climbed to their highest level in more than three years, raising concerns among policymakers, investors, manufacturers, and consumers worldwide.  ...