A coordination group comprising the International Energy Agency (IEA), the World Bank Group and the International Monetary Fund (IMF) expects fuel prices to remain under pressure amid the current Middle East conflict involving Iran, Israel and the US. “Even after a resumption of regular shipping flows through the Strait, it …

After six weeks of conflict, the cost in munitions expenditure and damage is unprecedented given the time period hirteen military service members killed and 365 injured, 46 aircraft damaged or destroyed, and between $25 billion and $30 billion spent. That is the cost of the US war on Iran so …

Maritime ​access restrictions in the Gulf are ​being enforced as the fragile Iran war ceasefire looked close to breaking point. Iranian ports and coastal ​areas, including ​locations along ‌the Gulf ⁠of Oman and the Strait of Hormuz are being affected, according to the United Kingdom Maritime Trade Operations (UKMTO) agency. …