By By JON GAMBRELL, DAVID RISING and SAMY MAGDY Dubai, March 11 A projectile hit a cargo ship Wednesday in the Strait of Hormuz, setting the vessel ablaze after the United States targeted Iranian minelaying vessels that could target the narrow mouth of the Persian Gulf. The United Kingdom Maritime Trade Operations centre, run by […]
Read More
By By JON GAMBRELL, DAVID RISING and SAMY MAGDY Dubai, March 11 Israel and Iran exchanged fire early on Wednesday as tensions escalated in the region. Tehran continued to exert pressure on the oil industry by striking a vessel in the Strait of Hormuz and targeting key infrastructure, raising fears of a potential global energy […]
Read More
By By ELAINE KURTENBACHAP Business Writer Tokyo, March 11 Asian shares advanced Tuesday as US stocks held steady while investors awaited signals on when the war with Iran may end. US futures and oil prices edged higher. Tokyo’s Nikkei 225 gained 2.1% to 55,387.75 and South Korea’s Kospi surged 3.5% to 5,724.30. In Hong Kong, […]
Read More
By Yoshita Singh New York/Washington, March 11 US President Donald Trump has said that India’s Reliance Industries will make an investment in a new oil refinery being opened in Texas, thanking the company and “our partners in India” for the deal. Describing it as a “historic USD 300 billion deal”, Trump in a social media […]
Read More
Top Iranian security official threatens Trump Moscow/Dubai, March 10 US President Donald Trump dialled his Russian counterpart Vladimir Putin late Monday night amid global energy disruption caused by American-Israeli strikes on Iran, leading to the virtual closure of the Strait of Hormuz. According to Kremlin foreign policy aide Yuri Ushakov, the two leaders discussed the […]
Read More
By Harinder Mishra Jerusalem, March 10 Prime Minister Benjamin Netanyahu has said Israel can help enable Iranians to “cast off the yoke of tyranny”, but any political change in the country would ultimately be up to its people. Speaking during a visit to the National Health Command Centre on Monday as the regional conflict entered […]
Read More
Kathmandu, March 10 RSP Chairman Rabi Lamichhane has said he looked forward to strengthening Nepal-India ties through “development diplomacy” as he thanked Prime Minister Narendra Modi for wishing him on the party’s electoral success. Rastriya Swatantra Party (RSP) has won 125 of the 165 seats under direct voting in Nepal’s parliamentary polls as vote counting […]
Read More
New York, March 10 The Federal Aviation Administration has grounded all JetBlue flights due to a request from the airline, the agency said on Tuesday. The ground stop impacts flights to all destinations, according to the advisory. It was not immediately clear why JetBlue requested the ground stop or how long it would last. The […]
Read More
By JON GAMBRELL, WILL WEISSERT and SAMY MAGDY Dubai, March 10 Iran launched new attacks on Tuesday at Gulf Arab countries as it keeps up pressure on the region, while five pro-Iranian militants were killed by an airstrike in northern Iraq.Incoming missile sirens sounded early in the morning in Dubai in the United Arab Emirates […]
Read More
By Jon Gambrell, Will Weissert and Samy Magdy Dubai, March10 US President Donald Trump said on Monday that the war against Iran could be short-lived, but he left open the possibility of an escalation in fighting if global oil supplies are disrupted by the Islamic Republic, which chose a new hard-line supreme leader. Oil prices […]
Read More