EU bans airlines from adding fuel surcharges after ticket bookings
BRUSSELS: The European Union has barred airlines from imposing additional fuel surcharges…
Iran sets up Strait of Hormuz authority to collect tolls from ships
DUBAI: Iran has established a new authority to regulate vessel transit and…
Trump gives EU July 4 deadline to avoid major new US tariffs
WASHINGTON: US President Donald Trump has warned the European Union that Washington…
Middle Eastern banks expand Hong Kong operations to strengthen China links
HONG KONG: Leading Gulf banks are rapidly expanding their presence in Hong…
Pakistan mediates as US and Iran near breakthrough Gulf conflict deal
ISLAMABAD/WASHINGTON: The United States and Iran are moving closer to a potential…
Asia faces uneven impact of energy crisis as Iran war disrupts oil supplies
SINGAPORE, May 5 — Asia is facing a growing energy crisis as…
Middle East truce under strain as US and Iran clash over Strait of Hormuz
DUBAI/WASHINGTON, May 5 — Rising US-Iran tensions in the Strait of Hormuz…
Singapore leads global passport rankings, Pakistan placed 98th in Henley Index
ISLAMABAD — Singapore has once again ranked as the world’s most powerful…
OPEC+ cuts oil output by 188,000 bpd from June 2026
JEDDAH, May 4: OPEC+ countries have agreed to adjust oil output by…
Iran warns US Navy to stay out of Strait of Hormuz as shipping crisis deepens
DUBAI/DORAL, May 4: Iran has warned U.S. naval forces not to enter…