Middle East
Hormuz Has Become the Test of Mideast Energy Resilience
Q2 developments showed that alternate routes, storage, sanctions policy and OPEC+ cohesion all depend on the future of the Strait of Hormuz.
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Middle East
India
India sets refinery targets to secure cooking gas supplies during Middle East war
A government order caps the nationwide daily LPG target at 63,810 metric tons and requires storage and transport capacity as India builds buffers against disrupted Middle East imports.
Middle East
US command tour highlights carrier strain as Middle East fronts remain unsettled
Adm. Brad Cooper visited the long-deployed USS Abraham Lincoln as the Iran war, deadly strikes in Lebanon, Gaza diplomacy and an Iran-Qatar dispute sustained pressure across the region.
Middle East
Austria and Greece enter widening effort to restart US-Iran diplomacy
Washington's contacts with Vienna and Athens were followed by calls to Tehran, broadening an uneven diplomatic search for a way out of the war and the Strait of Hormuz crisis.
Europe
Black Sea strikes threaten Egypt's food supplies as maritime attacks intensify
Kyiv warned that attacks on cargo shipping are reducing food deliveries and raising prices, while Moscow rejected a proposed halt to strikes on civilian vessels in the Black Sea.
Middle East
US forces set to leave Iraq by September 30 as militia disarmament remains unresolved
Baghdad and Washington expect the coalition mission to end on a fixed September deadline, but powerful Iran-backed groups reject a parallel demand to surrender their weapons.
Middle East
Syria and Russia recast Hmeimim and Tartous presence under new framework
A memorandum transfers designated civilian facilities to Damascus and turns Russian military sites into joint training centers, preserving Moscow's access while reducing the exceptional privileges attached to its former bases.
Middle East
UNIFIL records sharpest Israeli escalation in Lebanon since June ceasefire framework
Peacekeepers counted 113 Israeli projectiles on Wednesday and 120 within 16 hours on Thursday, alongside airstrikes, displacement and new casualties around Al-Mansuri and other parts of southern Lebanon.
Oceania
ASX 200 climbs to five-month high as Iran peace hopes lift Australian shares
Australia's benchmark gained 1.40 percent to 9,145.80 as ten of eleven sectors advanced, with technology, healthcare and financial stocks leading a broad risk-on session.
Middle East
Iran intensifies calls with Pakistan and Saudi Arabia ahead of renewed US talks
Abbas Araghchi spoke twice in 24 hours with Asim Munir and Prince Faisal bin Farhan as regional governments pressed political solutions following a US pause in planned strikes and amid preparations for another Washington-Tehran negotiating round.
Middle East
Saudi maritime alliance links Red Sea defense to wider regional security
Fourteen states endorsed a defensive framework led from Riyadh, but its effectiveness will depend on national operational choices, political agreement over threats and progress on conflicts ashore.
Europe
BMW operating profit falls 37.4 percent as group prepares 8,000 job cuts
Lower deliveries, tariffs, trade barriers and tighter regulation compressed the automaker's first-half earnings and margins, prompting a global workforce restructuring through the end of 2027.