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Iran launched fresh missile and drone strikes across the Middle East on Thursday, targeting strategic border crossings and Gulf allies. Tehran struck the Abdali border post between Kuwait and Iraq while hitting energy facilities in Jordan and Bahrain. US forces responded instantly with heavy airstrikes against Houthi military positions in western Yemen. The American action…
The United States and Iran have formally signed a memorandum of understanding aimed at ending months of war, but President Donald Trump made clear that military action remains on the table should Tehran fail to honour the terms. Both Trump and Iranian President Masoud Pezeshkian signed the agreement on Wednesday, June 17, 2026, with…
The escalating conflict between Israel, the United States, and Iran has triggered a sharp spike in fertiliser costs, threatening the global agricultural cycle as planting seasons approach. Roughly 33 per cent of the world’s fertilisers transit through the Strait of Hormuz, where maritime traffic has effectively frozen since the outbreak of hostilities on February 28….
The assassination of Iran’s Supreme Leader has plunged global markets into a “prolonged period of flux,” the head of the IMF warned on Thursday. Kristalina Georgieva told the “Asia in 2050” conference in Bangkok that the escalating conflict between Iran, Israel, and the United States is a severe test of global economic resilience. Brent crude…
