Market, peso, slump amid renewed tensions
Market sentiment turned cautious after fresh reports of military exchanges between the US and Iran near the Strait of Hormuz. The peso weakened slightly,…
· 2 min read
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Market sentiment turned cautious after fresh reports of military exchanges between the US and Iran near the Strait of Hormuz. The peso weakened slightly,…
· 2 min read

The summit focused heavily on three priorities: Energy security, food security and the safety of ASEAN nationals abroad.
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‘We’ve had very good talks over the last 24 hours, and it’s very possible that we’ll make a deal.’
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Our energy security, food security, and the safety of ASEAN nationals have been brought out as the most urgent priorities for our region to address.
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Seven Filipino seafarers were injured after their vessel was struck in a suspected drone attack in the Strait of Hormuz, the Department of Migrant Workers…
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Amid the global energy problem brought about by the Middle East crisis, leaders of the Association of Southeast Asian Nations gather in Cebu tomorrow, May 8,…
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The US military escorts over the last day and a half drew Iranian attacks.
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Two US destroyers and US-flagged merchant vessels passed safely through the strait under a layered defensive operation including ships, helicopters, aircraft…
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The most likely near-term scenario is more of the same: the conditional ceasefire extended pending talks, with almost no shipping through the Strait of Hormuz,…
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By blocking the Strait of Hormuz, Iran has choked off major flows of oil, gas and fertilizer to the world economy.
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The seven countries are widely expected to increase their quotas by 188,000 barrels per day.
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There has been no exchange of fire between the US and Iran since the 7 April ceasefire.
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The US blockade is designed to force Tehran to surrender its nuclear program.
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WASHINGTON (AFP) — The White House said Monday it is reviewing Iran’s latest proposal to reopen the Strait of Hormuz, two months after a US-Israeli offensive…
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I can’t blame Iran, a sovereign nation, for refusing to budge against a perceived Western bully paranoid about the possibility of a nuclear showdown.
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Urea prices have already jumped more than 40 percent to $700 a ton; international bidding has hit $1,000 a ton.
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'You're not going to be making any more 18-hour flights to sit around talking about nothing.'
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The aim is to make a 'significant and and visible contribution to an international coalition seeking to protect freedom of navigation in the Strait of Hormuz.'
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