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As tensions rise in the Strait of Hormuz, Asian nations are securing shipping agreements with Iran to ensure safe passage for their vessels amid escalating threats and surging oil prices.
Asian markets take a hit as US-Iran tensions rise, with Japan’s Nikkei down 3.6% and South Korea’s Kospi plunging nearly 6%. The conflict’s impact on oil supply is shaking economies across the region.
As fuel prices skyrocket in Asia due to geopolitical tensions, nations are imposing rationing and limits on sales, leading to panic-buying and long lines at petrol stations.
Asian stock markets fall for the third straight day as escalating tensions in the Middle East drive oil prices higher, signaling deeper financial implications amid ongoing conflict.
The foreign ministers of Egypt, Algeria, Comoros, Djibouti, Gambia, Iran, Iraq, Jordan, Kuwait, Libya, the Maldives, Nigeria, Oman, Pakistan, Palestine, Qatar, Saudi Arabia, Somalia, Sudan, Turkey, and Yemen, as well as the Organization of Islamic Cooperation (OIC) affirmed their categorical rejection of a statement made by Israel on Saturday 27/12/2025 recognizing Somalia’s breakaway region of “Somaliland” as …
The post Egypt, African & Asian states condemn Israel’s recognition of Somaliland appeared first on Egypt Independent.
President Donald Trump shakes hands with South Korean President Lee Jae Myung as he receives a gift of a gold
It doesn’t take America’s most lethal aircraft carrier, its F/A-18 jets and a flotilla of US Navy warships carrying dozens of Tomahawk missiles to blast a few speedboats out of the Caribbean. So as the USS Gerald R. Ford steams from Europe to join an already formidable US naval and air force in the region, …
The post Trump might be in Asia, but he’s beating war drums in Latin America appeared first on Egypt Independent.
Major stock markets across Asia Pacific region sank Monday amid mounting fears of a renewed trade war between the world’s two largest economies, after US President Donald Trump threatened to impose new triple-digit tariffs on Chinese imports. Trump’s threat followed Beijing’s tightening of its control on rare earths, a group of critical minerals essential in …
The post Fears of renewed US-China trade tensions send Asian stocks south appeared first on Egypt Independent.
In a sharp rebuke of US foreign policy in Asia, Russian Foreign Minister Sergei Lavrov condemned Washington’s actions as “destructive”
Bangladesh, India and Nepal, along with some other nations in South Asia, including Myanmar are targeted by desperate Western missionaries
