Bangladesh’s energy crisis is now hitting one of the country’s biggest export engines, its garment industry. Disruptions linked to the Strait of Hormuz, coupled with the prolonged outage of one of the country’s two LNG terminals, have intensified power shortages. But some factories are turning to renewable energy and backup generation to keep production running.


Hormuz shock hits Bangladesh’s economic lifeline

The tensions in west asia have skyrocketed after Iran and U.S. hit tankers in the biggest wave of attacks on shipping since the war began. The IRGC says it attacked 10 ships while the U.S. military says it destroyed 5 Iranian oil tankers. Iran also fired on the U.S. base in Jordan

US-Iran war: Iran attacks 10 ships, hits Jordan base after US sinks 5 Iranian oil tankers

Facing intense pressure from U.S. to help it secure the Strait of Hormuz, South Korea has now sent a fact-finding team to assess the situation in this strategic waterway. Meanwhile, Qatar warned of an industrial catastrophe if the crisis continues.

Qatar warns of 'industrial catastrophe', S Korea sends team to assess Hormuz situation

Six months into the Iran war, the economic fallout is still being felt across the world. Disruptions around the Strait of Hormuz have put pressure on global oil markets, food and fertilizer supply chains and borrowing costs, with higher energy and transport costs adding to inflation risks.

Iran war drives fuel, food and borrowing costs higher 

Qatar’s Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani held talks in Tehran with Iranian Foreign Minister Abbas Araghchi on the Strait of Hormuz. Discussions included a proposed temporary shipping corridor and a possible joint project to clear mines from the key waterway.

Qatar PM meets Iranian foreign minister Abbas Araghchi

The 60-day U.S.-Iran memorandum aimed at ending the war has expired, with no clear sign that either side is ready to extend the agreement. Iran says it has not decided whether to resume direct negotiations with Washington, while messages continue to pass through mediators.

 Iran and US trade barbs as 60-day MoU expires without a deal or extension

U.S. President Donald Trump has threatened to declare the Strait of Hormuz a U.S. territory after what he described as the “total defeat” of Iran. Speaking at a rally in Garden City, New York, Trump said the U.S. Navy's presence in the strategic waterway would continue as Washington escalates pressure on Tehran.

US-Iran war: Trump vows to claim Hormuz as US territory after Iran's defeat

The Iran war is creating a sharp divide in the U.S. energy market. As disruptions through the Strait of Hormuz tighten global fuel supplies, American refiners are reporting a surge in profits and shareholder payouts. For American consumers, the picture is very different, gasoline prices are still higher than they were before the war started, adding to household costs. So, who is benefiting from the supply shock, and who is paying the price? Take a look at this next report for more.

US refiners’ gain vs consumer pain

Iranian Foreign Minister Abbas Araghchi announced that talks between Iran and Oman regarding a temporary shipping route through the Strait of Hormuz are nearing completion, but the strategic waterway will remain closed until the United States meets separate conditions

Araghchi says Oman talks near end but Hormuz remains closed

Iran and Oman are holding bilateral talks focused on ensuring safe navigation through the Strait of Hormuz, a vital global oil shipping route. As Tehran pursues regional diplomacy, the negotiations have also fueled debate over whether Washington's "America First" approach is losing influence in the Middle East, with critics arguing that the U.S. is becoming increasingly isolated from key regional initiatives.

 US-Iran War: Iran-Oman talk on Hormuz, but US faces isolation 

The Iran-backed Houthis say they have targeted a Saudi oil tanker in the Red Sea, reinforcing a maritime blockade strategy that echoes Iran's pressure tactics in the Strait of Hormuz. The attack signals a widening threat to regional shipping and energy routes amid escalating tensions in West Asia.

Red Sea blockade raises fears for global energy, trade routes

As tensions between the US, Israel and Iran continue to escalate, global attention is shifting from the Strait of Hormuz to the Bab el-Mandeb Strait. With Yemen's Iran-backed Houthis entering the conflict, experts warn the Red Sea shipping route could become a new flashpoint for global energy supplies.


Bab Al-Mandeb becomes the new global shipping nightmare, Houthis declare naval blockade.

As tensions between the US, Israel and Iran continue to escalate, global attention is shifting from the Strait of Hormuz to the Bab el-Mandeb Strait. With Yemen's Iran-backed Houthis entering the conflict, experts warn the Red Sea shipping route could become a new flashpoint for global energy supplies.

Red Sea Crisis redux: Bab Al-Mandeb could be next chokepoint

The U.S.-Iran conflict has entered a dangerous new phase. After Iran claimed responsibility for striking two UAE-linked supertankers near the Strait of Hormuz, the U.S. launched a five-hour barrage on Iranian military targets. Tehran responded by firing ballistic missiles toward a U.S. air base in Jordan. As tensions surged, President Donald Trump warned that Iran's heavily fortified Pickaxe Mountain nuclear facility could be America's next target, threatening what he called a "big fat shot."

US-Iran War: Trump threatens to attack Iran's nuclear site after Gulf escalation

President Donald Trump says the United States will become the "guardian" of the Strait of Hormuz and collect tolls, while signalling a renewed naval blockade of Iran. Tehran has rejected any U.S. role in controlling the strategic waterway as both sides continue exchanging strikes, raising fresh concerns over regional stability and efforts to end the war.


US-Iran war: Iran, US claim 'guardianship' of Strait

The volatile standoff between the United States and Iran has reached a dangerous new peak, with both nations exchanging heavy fire across the Persian Gulf. Following a massive new wave of US precision strikes which targeted Iranian radar systems, missile silos, drone launch facilities, and ammunition depots, Tehran has retaliated by launching a coordinated series of drone and missile attacks against US-allied interests in the region.  

US-Iran war: Iran retaliates against US allies in Gulf after US strikes 

The United States has carried out a fresh wave of strikes on Iran after President Donald Trump warned of a stronger military response following Tehran's alleged attacks on ships in the Strait of Hormuz. Explosions were reported in southern Iran, including the port cities of Bandar Abbas and Sirik. Trump described the operation as retaliation and warned that any further attacks by Iran would trigger an even harsher response.

US-Iran war: Iran reports attacks on Bandar Abbas, Chabahar, Konarak 

US President Donald Trump said he believes the memorandum of understanding with Iran "is over" after the two sides exchanged strikes across the Middle East, though he added negotiators could continue talks if they wished. The latest escalation, including Iranian strikes on US military targets in Bahrain and Kuwait following US action and renewed sanctions, has raised fresh concerns over regional stability and pushed oil prices higher.

 US-Iran war: Trump declares Iran ceasefire is 'over' after overnight strikes 

Commercial shipping through the Strait of Hormuz is rebounding after the U.S.-Iran ceasefire, with vessel traffic rising sharply since mid-June. While maritime activity is returning to normal, shipping companies continue to exercise caution as geopolitical tensions in the region remain unresolved.

Hormuz: Commercial vessel traffic jumps after U.S.-Iran deal

The Strait of Hormuz crisis has exposed a critical weakness in the Gulf's energy lifeline. As fears of future disruptions grow, Saudi Arabia, the UAE and Iraq are fast-tracking pipelines and alternative export routes to reduce dependence on the world's most strategic chokepoint. Here's how the Hormuz scare is redrawing the Gulf's energy map.

Hormuz Wake-Up Call: Hormuz Disruption Sparks Gulf Pipeline Boom

Strait of Hormuz traffic has surged to its highest level since the conflict began, with Donald Trump declaring the vital oil route "totally open." But Iranian officials insist the strategic waterway will never return to its pre-war status, raising questions about whether the immediate crisis is over, or merely on pause.

Hormuz Crisis Over? Iran Says Not so Fast

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