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Few ships get through Hormuz since start of war — and Malaysia‑bound tankers are among them
DUBAI, April 15 — The US blockade on vessels entering or leaving Iranian ports adds to uncertainty over shipping through the Strait of Hormuz, which has been all-but-shut since the […]
Global Sumud flotilla sets sail from Barcelona for Gaza in bid to break Israeli blockade
BARCELONA, April 15 — A flotilla of some 40 boats set sail for Gaza from Barcelona today in a fresh bid to break an Israeli blockade and deliver aid to […]
Global firms delay IPOs and scrap dividends as Middle East conflict rattles markets
LONDON, April 15 — The Middle ‌East conflict has significantly impacted global financial markets, affected logistics and hindered the supply of raw materials integral to a host of industries. Below is […]
Price hikes, outlook cuts: From AirAsia X to Westjet, global airlines react as fuel prices rocket
LONDON, April 15 — A surge in jet fuel prices driven by the US-Israeli war on Iran has upended the global aviation industry, forcing airlines to raise fares and revise […]
PM Anwar: Malaysia steps up efforts to bring home stranded crew from Hamriyah port
KUALA LUMPUR, April 15 — Prime Minister Datuk Seri Anwar Ibrahim said the government will intensify efforts to bring home the remaining crew of Berkat Tuah, the offshore support vessel, still stranded […]
Suspected boiler explosion at Vedanta power plant in India kills at least 17
NEW DELHI, April 15 — At ‌least 17 people died and 36 others were injured following a suspected boiler explosion at a power plant ‌operated by India’s Vedanta Ltd in […]
Trump says he asked China’s Xi not to supply weapons to Iran during Fox Business interview
WASHINGTON, April 15 — US President Donald Trump said in an interview aired on Fox Business today that he asked China’s leader Xi Jinping not to supply weapons to Iran, […]
Sanctioned China tanker turns back toward Strait of Hormuz a day after Gulf exit as US blockade holds
Tanker Rich Starry returns to Gulf VLCC Alicia enters Gulf to load oil at Iraq VLCC Agios Fanourios I succeeds in entering Gulf on second attempt SINGAPORE, April 15 — […]
At Canton Fair, Chinese exporters and Middle East importers fret over Iran war fallout on trade
GUANGZHOU, April 15 — Suppliers and buyers at a trade show in southern China were cautious today as they weighed costs for ice cream machines, home appliances and cars that […]
Indonesia moves to stabilise plastic supply, urges producers to cut margins for SMEs
JAKARTA, April 15 — Indonesia is taking steps to safeguard plastic supply and ease cost pressures on small and medium industries amid a looming global raw material shortage. Industry Minister […]