Tag: West Asia conflict news

Iran threatens to block more vital seaways as Trump orders renewed Iran blockade

July 15, 2026 admin

Iran’s Islamic Revolutionary Guard Corps has threatened to close “all other export corridors that benefit the U.S. and its allies”, Iranian media reported, after Iran shut the Strait of Hormuz and ‌the U.S. reimposed a naval blockade of Iranian ports. “Regional energy exports are either shared by all, or denied to all,” the IRGC said…

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Oil prices spike on fresh U.S.-Iran attacks, tech hammers on stocks again

July 13, 2026 admin

Vessels seen sailing through the Strait of Hormuz. File | Photo Credit: Reuters Oil prices jumped more than 4% on Monday (July 13, 2026) after another flare-up between the United States and Iran that threatened their already fragile truce, while South Korean stocks plunged as tech firms were hit by a fresh rout. The renewed…

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Vietnam mulls over removing fuel duties as West Asia conflict hits supplies

March 9, 2026 admin

Motorcycle riders wait at a gas station in Hanoi, Vietnam on March 9, 2026. | Photo Credit: AP “Vietnam is considering a plan to scrap tariffs on fuel imports,” the government said, as the U.S.-Israeli war with Iran disrupts oil supplies and pushes prices to their highest level since 2022. The Ministry of Finance said…

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