As U.S. strikes intensify and regional armed groups widen the conflict, governments face mounting threats to global shipping, energy markets and economic stability. Conflict Enters a More Dangerous Phase The United States has launched another round of strikes against Iran following deadly attacks on American forces, further escalating a conflict
The Abu Dhabi project will pair 5.2GW of solar with 19GWh of battery storage in an ambitious effort to deliver 1GW of continuous renewable electricity. ABU DHABI — Masdar has reached financial close on a $6.1 billion solar and battery storage project in Abu Dhabi designed to deliver renewable electricity
Trump’s abandoned Hormuz toll proposal underscores a larger reality: control of the world’s strategic maritime arteries is becoming one of the defining geopolitical and defense challenges of the 21st century. A Proposal That Revealed a Bigger Trend Donald Trump’s proposal to charge vessels for transiting the Strait of Hormuz lasted
WASHINGTON — President Donald Trump has dramatically reversed course on his proposal to charge ships transiting the Strait of Hormuz, abandoning a plan announced just 24 hours earlier that would have imposed one of the most sweeping new levies ever proposed on global maritime commerce. In a lengthy post on
The latest American strikes mark a sharp escalation in the renewed fight over the Strait of Hormuz, with Iran responding by targeting U.S.-aligned Gulf states. A New Round of U.S. Strikes The United States carried out a new wave of strikes inside Iran this week, deepening a military confrontation that
The attack near Oman came as Tehran warned it could abandon negotiations with Washington, adding new uncertainty to efforts to contain maritime escalation. A commercial tanker was struck by an unknown projectile near the Strait of Hormuz, setting off a fire and sharpening concerns over the stability of U.S.-Iran talks
The war’s economic shock has rippled through global energy, food, fertilizer, and shipping markets. But inside Iran, the frontlines are now households, markets, and vulnerable communities bearing the cost of both conflict and government failure. The ceasefire between Iran, Israel, and the United States has eased some of the immediate
Developing nations forced to divert scarce public resources from education, healthcare and clean energy as geopolitical instability reshapes global development priorities. The economic consequences of the conflict in the Middle East are extending far beyond the region, threatening to reverse years of progress toward sustainable development and the global energy
Just days after optimism emerged that commercial shipping was returning to one of the world’s most strategically important maritime corridors, a single attack has underscored how precarious the peace remains. An Iranian drone strike on a Singapore-flagged cargo vessel transiting the Strait of Hormuz has renewed concerns that the world’s
The United Arab Emirates is accelerating construction of a major new west-east oil pipeline designed to bypass the Strait of Hormuz, a move that underscores how dramatically the geopolitical and economic foundations of Gulf energy strategy are shifting amid the ongoing Iran war and global supply disruptions. According to reporting
