Iran threatens Gulf energy targets after Pars gas field struck, sending oil prices higher
Iran’s huge Pars gas field was hit on Wednesday in the first reported strikes on Iran’s Gulf energy infrastructure of the US-Israeli war, prompting...
Trump allows foreign ships between domestic ports to stabilize petrol costs amid Iran war
US President Donald Trump has announced a temporary 60-day suspension of the Jones Act, the century-old law that mandates cargo moving between domestic ports...
Pakistan to pause Afghan strikes for Eid at request of Saudi Arabia, Qatar, Turkey
Pakistan announced on Wednesday a pause in strikes against Afghanistan, saying the decision was made ahead of the Muslim holiday of Eid al-Fitr at...
2 Hongkongers held after raids on 3 illegal fuel stations amid oil price spike
Hong Kong authorities have raided three illegal fuelling stations and arrested two men, seizing more than 1,800 litres (475.5 gallons) of petrol with an...
Chaos over Donald Trump’s China trip likely to further test Beijing’s patience with US
Visits to China by foreign leaders are tightly choreographed and meticulously planned affairs, even by the usual standards of international diplomacy. But the chaotic...
Hong Kong securities watchdog urges stock exchange to tighten listing, compliance rules
Hong Kong’s securities regulator on Wednesday recommended strengthening the stock exchange’s regulations to better protect investors following a review of 2024 compliance and enforcement...
Zelensky urges EU to bypass Hungary’s ‘blackmail’ veto on vital US$103 billion loan
Ukrainian President Volodymyr Zelensky on Wednesday urged the European Union to overcome a veto by Hungary on a €90 billion (US$103 billion) loan vital...
Why tariffs aren’t the biggest factor holding back US-Asean trade
When the Trump administration rolled out sweeping tariffs on “Liberation Day” in April 2025, the reaction across Southeast Asia was swift: markets dipped, supply...
Red Sea fix? China-bound oil tankers tap Saudi plan to bypass Strait of Hormuz
Saudi Arabia is activating its Red Sea “Plan B” to divert crude via the port of Yanbu, allowing tankers – including Chinese very large...