Iran war

Myanmar inflation hits 25% on US-Iran fuel shock: World Bank

Inflation for the 12 months to the end of March came in at 21.1 per cent in Myanmar.

Strait of Hormuz transit will take ‘weeks’ to resume, largest tanker operator tells FT

An oil tanker docked at the Port of Fujairah inUnited Arab Emirates on May 6, as the US-Israel conflict with Iran limits marine traffic in the Strait of Hormuz.

Bank of Japan raises interest rates to 31-year high

With an economy heavily reliant on imported fuel, the Bank of Japan is focused on taming price pressures from the energy shock caused by the Iran war.

Oil heads for longest losing streak in 2026 as prices extend drop

A drone view of vessels anchored in the Strait of Hormuz on June 8, 2026.

US gasoline slips below US$4 a gallon for first time since April

US national average retail gasoline prices dipped to US$3.997 a gallon on June 14, though prices are still up 90.8 US cents from the same time in 2025.

Gulf countries confront questions about relying on US for protection

Smoke rises following a strike on the Bapco Oil Refinery in Bahrain on March 9.

News analysis

Israel counts the ways that Netanyahu’s Iran strategy failed

Israeli Prime Minister Benjamin Netanyahu holding a news conference, following a US-Iran deal, in Jerusalem, on June 15.

Trump thanks China and Russia, partners of Iran, for diplomatic help

Trump said both Xi and Putin aided the Americans in sealing the deal with the Iranians.

In US, Trump’s Iran deal receives mixed reception

US President Donald Trump's approval ratings sunk to a record low as war with Iran drove up cost-of-living concerns.

Trump says Hormuz to reopen on June 19 under US-Iran deal

Vessels at the Strait of Hormuz, as seen from Musandam, Oman, on June 15.

E-paper

Newsletters

Podcasts

RSS Feed

About Us

Terms & Conditions

Personal Data Protection Notice

Need help? Reach us here.

Advertise with us

MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.