The rapprochement between North Korea and Russia has brought immediate benefits to the North Korean leadership. In addition, ...

Iran's parliament approved a measure to close the Strait of Hormuz, a key global oil shipping route, following US strikes on ...

A closure of the Strait of Hormuz could have implications for energy exports across the region. The UAE has proactive ...

Asia-Pacific stock markets are seeing mixed trade Friday morning, with investors carefully watching escalating tensions between Israel and Iran and analyzing new economic data from China.

The European Union has vowed to retaliate if the US sticks with its baseline 10% tariffs, according to a report in Bloomberg ...

Trump's tariffs will affect washing machines, fridges and ovens. This could mean higher prices for everyday items in the US.

While Iran's arch-rival Israel would remain unaffected by such a closure, closure would end up hurting Iran's oil trade as well as those of friendly countries, writes Aditi Bhaduri.