Trump pressures NATO, China over Iran’’s closure of key waterway
Trump threatened to delay a planned summit with Chinese leader Xi Jinping later this month if Beijing does not assist with reopening the strait.
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Daily TribuneTopic
Trump threatened to delay a planned summit with Chinese leader Xi Jinping later this month if Beijing does not assist with reopening the strait.
· 2 MIN READ
BANGKOK, Thailand (AFP) — Twenty Thai crew members of a cargo ship attacked in the crucial Strait of Hormuz arrived in Thailand on Monday, with three of their…
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MANAMA, Bahrain (AFP) — United States President Donald Trump called for other nations’ warships to help protect world oil supplies passing through the Strait…
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China calls for restraint even as it continues to purchase Iranian crude.
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Trump said the US Navy would start escorting tankers through the Strait of Hormuz ‘very soon’ to restore oil exports.
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Keeping too much cash in the bank as savings can also be counterproductive in an inflationary environment.
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MUMBAI, India (AFP) — Nepal has started selling half-filled cooking gas cylinders to curb hoarding and panic buying, officials said Friday, following import…
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Iran leader Ayatollah Mojtaba Khamenei said the Strait of Hormuz must remain effectively shut.
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WASHINGTON, United States (AFP) — Moscow said on Friday that the global energy market “cannot remain stable” without its oil, piling pressure on Washington to…
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The backlash from a long conflict will be felt most in the Asian region, which remains highly dependent on fossil fuels.
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BANGKOK, Thailand (AFP) — Three crew members believed to be trapped aboard a Thai bulk carrier hit by projectiles while travelling through the crucial Strait…
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Iran’s blockade of the Strait of Hormuz has stranded some 7,313 Filipino seafarers, as they await the green light to traverse the now deadly shipping lane. The…
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Saudi Arabia said it intercepted seven ballistic missiles.
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WASHINGTON, United States (AFP) — The United States has not escorted any oil tanker through the Strait of Hormuz, the White House said Tuesday, after the…
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For heavily import-dependent economies, like the Philippines, the effect is amplified.
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The Department of Migrant Workers (DMW) has confirmed that a Filipino seafarer is among those reported missing after a tugboat assisting a distressed vessel…
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Remittances from overseas Filipinos consistently provide stability to the Philippine economy and support millions of households at home.
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The Iranian blockade of the Strait would penalize the country, which has only a short 30-day petroleum reserve.
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