International
Maritime insurers cancel war risk cover in Gulf: Will it hike energy costs?
Insurers announced they were cancelling war risk coverage after the IRGC said the Strait of Hormuz was 'closed'.
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Business
The latest published reporting in this category.
International
Asia’s stock markets plunge amid US-Israeli conflict with Iran
Asian stocks rack up steep losses after Wall Street shrugs off risks of widening conflict.
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International
UAE resumes limited flights amid travel chaos across Middle East
Dubai's airport authority says it authorised a limited number of flights as hundreds of thousands remain stranded.
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International
Shutdown of Hormuz Strait raises fears of soaring oil prices
Consumers are set to pay higher prices, but US producers could benefit, analysts say.
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International
Business - Iran shuts down the Strait of Hormuz. What more could it do?
Iran has declared the Strait of Hormuz closed and threatened to fire at any ship passing through it. The narrow waterway is a vital chokepoint for global oil and gas, but also for other commodities such…
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International
Why QatarEnergy’s LNG production halt could shake up global gas markets
Qatar supplies 20 percent of the world's LNG. If that's off the table, countries must scramble for the remaining gas.
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International
Middle East war to have economic and military fallouts for Europe
The U.S.-Israeli war on Iran and Tehran’s retaliatory strikes across the Middle East are quickly dragging Europe in, forcing the continent into defensive action to protect military bases and evacuate…
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International
As Iran targets oil infrastructure, Middle East war threatens global economy
The war in the Middle East looks set to pose a significant risk to the global economy, with drone attacks near oil refineries in Saudi Arabia and Kuwait on Monday indicating that Iran is targeting major…
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International
Why has the UAE closed its stock exchanges?
Authorities have shut main exchanges in Abu Dhabi and Dubai amid ongoing fallout of US-Israeli attacks on Iran.
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International
How US-Israel attacks on Iran threaten the Strait of Hormuz, oil markets
About 20-30 percent of global oil and gas supplies are shipped through the Strait of Hormuz.
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International
Netflix stock surges as it walks away from Warner Bros deal
Netflix declined to raise its proposal to match a higher one from Paramount for Warner Bros.
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International
Canadian PM Carney heads to India on ‘significant’ trip to consolidate ties
Carney's trip comes at a time when he's looking for new markets for Canadian exports to diversify from the US.
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