Middle East
The Strait of Hormuz to re-open. Now what?
Its closure may have 'permanently altered' the world's economy
June 18, 2026
Its closure may have 'permanently altered' the world's economy
During its annual forum in St. Petersburg, the Russian president was keen to show that Moscow was back as a major economic and geopolitical player
Many governments on the continent set fuel prices. That's become a problem when leaders can no longer subsidize to keep costs low.
Washington has a choice between managing what is a shift away from US backed currency, or accelerating it.
South Asian and Gulf countries may get hit particularly hard, mostly on energy, remittances, and agriculture. Here's how.
The industry here is showing how emerging states are gaining leverage through the democratization ... of weapons
