US-Middle East relations

Johor-Singapore SEZ could draw more tech giant interest as Middle East data centre attacks prompt rethink

As geopolitical risks push hyperscalers to diversify, Johor could emerge as a viable alternative hub

US President Donald Trump says his country will "hit and obliterate" Iran's power plants if it does not "fully open, without threat", the Strait of Hormuz.

Trump threatens Iran with power plant strikes over Hormuz oil blockade

Israeli cities have been hit by Iranian missiles, with dozens injured

There is a growing conviction that while the US and Israel could declare the war over at any time, Iran will have the final say on the disruption of global oil and gas supplies.
NEWS ANALYSIS

Iran holds the key to reopening global energy markets

Middle East oil output has fallen by up to 10 million barrels per day as prices spike

Trump has given no further details on any negotiations, and it is not clear who, if anyone, is conveying messages between the US and Iran.

Trump rejects Iran deal on current terms as war continues

The Islamic Republic is open to ‘any regional initiative that leads to a fair end to the war’, minister says

Petrol and diesel prices have climbed as the Strait of Hormuz’s closure disrupts fuel supply. Electricity rates are set to climb as well.

Costs running up for Singapore businesses as Gulf conflict jacks up energy prices

Already hit by rising fuel costs, anticipated electricity price hikes could worsen the blow

Around nine out of every ten barrels of Iranian crude oil is exported through Kharg Island, most of it bound for China.

Why a strike on Iran’s Kharg Island would shake oil markets

[CAPE TOWN] Iran’s oil exports hinge on a small outpost in the Persian Gulf: Kharg Island, the loading point for almost all of the country’s crude shipments. 

The US bombed military targets on Kharg Island in the Persian Gulf, but spared oil infrastructure for now, US President Donald Trump said in a post on his Truth Social account.

Iran oil hub strike raises risk of further disruptions to supply

[SINGAPORE] The first major attack on an island that exports the bulk of Iran’s oil threatens the lifeblood of the Islamic Republic, as well as global supplies in a market already rocked by the two-we...

On Wednesday (Mar 11), WTI Crude oil was at US$83.61 per barrel, and Brent, at US$87.64 a barrel. On Thursday, the US$100 mark was breached again.

Should investors ‘buy the dip’? How to invest as volatility rises amid Iran crisis

Analysts say it’s too early to do so, and recommend blue chips, gold, safe-haven currencies and selected industries

Air India is monitoring regional conditions while operating 32 additional flights to the UAE to maintain essential connectivity and operations.

Fuel switch incident, surging fuel prices put Air India’s turnaround under fresh test

Rising fuel costs amid escalating Middle East tensions are compounding its challenges