The U.S. Navy will begin escorting ships through the Strait of Hormuz as soon as “militarily possible,” Treasury Secretary Scott Bessent told Sky News on Thursday. “That was always in our planning, that there’s the chance that the U.S. Navy or perhaps an international coalition will be escorting oil tankers through,” Bessent said in that…
TOPSHOT – US President Donald Trump (L) and China’s President Xi Jinping arrive for talks at the Gimhae Air Base, located next to the Gimhae International Airport in Busan on October 30, 2025. Donald Trump and Chinese leader Xi Jinping will seek a truce in their bruising trade war on October 30, with the US…
SEOUL, SOUTH KOREA – DECEMBER 14: The building of the National Assembly is seen in the night after impeachment of South Korean president Yoon Suk Yeol on December 14, 2024 in Seoul, South Korea. (Photo by Woohae Cho/Getty Images) Woohae Cho | Getty Images News | Getty Images South Korea’s parliament on Thursday passed a…
This report is from this week’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. The big story India rarely ties its foreign policy to a single partner or bloc. But war has a way of forcing choices. The escalating U.S.–Israel war with Iran is now compelling…
U.S. President Donald Trump speaks to the media next to White House press secretary Karoline Leavitt, at the White House in Washington, D.C., U.S., March 11, 2026. Brian Snyder | Reuters President Donald Trump on Wednesday said he’s not worried about Iran executing a terror attack within the United States in retaliation for the ongoing…
Iran appoints Mojtaba Khamenei as its new supreme leader. Anadolu | Anadolu | Getty Images The U.S. achieved a quick victory when its first strikes on Iran killed Ayatollah Ali Khamenei, the country’s supreme leader for nearly 37 years. But news that the country had appointed Khamenei’s son, Mojtaba Khamenei, as his successor, along with…
A family sits against the backdrop of a dockyard off the coastal city of Fujairah, in the Strait of Hormuz in the northern Emirate on Feb. 25, 2026. Giuseppe Cacace | Afp | Getty Images Oil prices moved higher early on Wednesday, despite a report that there would be a historic release of emergency reserves…
Defense Secretary Pete Hegseth on Tuesday said, “Today will be, yet again, our most intense day of strikes inside Iran.” “Iran stands alone, and they are badly losing on Day 10 of Operation Epic Fury,” Hegseth said at a press conference at the Pentagon with Gen. Dan Caine, the chairman of the Joint Chiefs of…
Foreign workers look at a tall plume of black smoke ascends following an explosion in the Fujairah industrial zone on March 3, 2026. Fadel Senna | Afp | Getty Images Iran has defended its strikes against its Gulf neighbors, telling CNBC that U.S. military assets located in surrounding territories were “legitimate” targets in its fight…
MarineTraffic map showing current ships traffic on Strait of Hormuz dislplayed on a laptop screen and MarineTraffic logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on March 5, 2026. Jakub Porzycki | Nurphoto | Getty Images Oil tankers passing through the Strait of Hormuz “must be very…
