Middle East

Loss of energy output in Middle East due to Iran war will take about 2 years to recover: IEA chief

There were no new deliveries of oil, gas or fuels to Asian markets, said Fatih Birol

With the Philippines importing more than 90% of its oil supply from the Middle East, it is exposed to supply chain disruptions and currency fluctuations. 

Will the Philippines hit the brakes on a deregulated oil industry amid fuel pain?

With domestic pump prices continuing to rise, calls for state intervention are growing

People take part in a pro-government rally at in Teheran on Apr 15. The current US-Iran ceasefire has largely held since it began on Apr 8.

Can the US and Iran conclude a lasting deal to end the Middle East war?

Iran is unlikely to give up its leverage over Hormuz without concessions from the US

Oil volatility driven by the Iran conflict is pushing parts of Asia toward fuel subsidies.

The cost of conflict: Asia’s energy risk

The Iran crisis threatens the Straits of Hormuz, risking higher oil prices and Asian stagflation. The immediate market volatility, subsidy issues, and Asia's potential for energy resilience via divers...

Switzerland is becoming a top choice for relocation for some wealthy individuals, families and investors.

Wealthy Middle East residents are house-hunting in Europe to escape war

Investors who might have ploughed money into the most popular Gulf property markets are also examining alternatives

China's President Xi Jinping attends a meeting with Abu Dhabi Crown Prince Sheikh Khaled bin Mohammed in Beijing on Apr 14.

President Xi vows China’s constructive role in first remarks on Iran War

[BEIJING] Chinese President Xi Jinping said China would continue to play a constructive role in the Middle East by promoting peace and dialogue, his first public statement on the conflict since the US...

US President Trump said that the US Navy will begin destroying mines that the Iranians had dropped in the Strait of Hormuz.

US to blockade ships going to and from Iran after peace talks fail

Iran warns of harsh response to blockade, accuses US of maximalism in talks

The reopening of the Hormuz strait was a crucial point of discussion during the peace negotiations in Pakistan.

Two supertankers make U-turn in Hormuz as US-Iran peace talks in Pakistan break down

The reopening of the strait had been a crucial point of discussion during the peace negotiations