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Economy Apr 03, 2026

Pakistan‑bound vessels navigate the strategic Strait of Hormuz, underscoring vital trade link

Ships destined for Pakistan have successfully transited the Strait of Hormuz, highlighting the wate…
Recent maritime traffic reports confirm that vessels heading to Pakistan have passed through the Strait of Hormuz, one of the world’s most crucial chokepoints for oil and cargo shipments.The transit underscores the strait’s importance for Pakistan’s trade routes, linking the nation’s ports with markets in the Gulf, Europe and beyond. Maintaining open and secure passage through this narrow passage remains essential for the stability of regional and global supply chains.
#Strait of Hormuz #Pakistan #Oil shipments
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News Apr 03, 2026

US Threats of Carpet Bombing: A Decades-Old Legacy of Military Aggression

The US has a long history of threatening to carpet bomb countries, with President Donald Trump rece…
The United States has a long history of threatening to carpet bomb countries, with President Donald Trump recently warning Iran that he would bomb the country 'back to the stone ages.' This rhetoric is not new, as US leaders have made similar threats in the past.During his prime-time address to the nation, Trump said, referring to Iran: 'We are going to hit them extremely hard over the next two to three weeks, we're going to bring them back to the stone ages, where they belong.' Trump also said 'discussions are ongoing,' adding that the conflict could end over the same period.The current war on Iran began on February 28 when the US and Israel launched their attacks. Tehran hit back, targeting Israel and Gulf countries. More than 2,000 Iranians have been killed in the war so far. Thousands of civilian sites, including hospitals, schools, universities, and pharmaceutical factories, have been attacked by Israel and the US.Janina Dill, a global security professor at the University of Oxford, told Al Jazeera that if Trump's 'stone ages' threat implies that the US will destroy structures and buildings that characterise a modern society, 'then this would be illegal because it implies directing attacks against civilian objects.'The phrase 'bombing back to the stone ages' is widely associated with US Air Force officer Curtis LeMay, in the context of US threats against North Vietnam in LeMay's 1965 book, Mission with LeMay. LeMay wrote: 'We're going to bomb them back into the Stone Age.'The US carried out intensive bombing in South Vietnam, as well as in Cambodia and Laos, claiming to target enemy bases and supply routes. Overall, millions of Vietnamese soldiers and civilians were killed or wounded in the war.In January 1991, the US led a global coalition to force out Iraqi forces from Kuwait. Former US Secretary of State James Baker threatened that the US would bomb Iraq 'back to the Stone Age' if it did not withdraw from Kuwait.During World War II, the US carpet bombed Japanese cities, as well as cities in Asia that were controlled by Japanese forces. During the Korean War, the US carried out heavy bombing in North Korea, which some officials said destroyed almost every town.
#war #bombing #back
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Economy Apr 02, 2026

Gulf Shipping Disruptions Threaten Fertiliser Supply and Food Security for South Asian Farmers

Rising tensions in the Gulf, especially the closure of the Strait of Hormuz, are driving up fertili…
Ramesh Kumar, a 42‑year‑old wheat farmer in Gurdaspur, Punjab, India, is already recalculating his budget as fertiliser prices climb and deliveries become erratic.He worries that higher input costs could force him to postpone his daughter’s wedding, delay school fees for his children, or even cut back on the amount of fertiliser he applies – a decision that could lower his harvest.While the conflict between the United States, Israel and Iran unfolds thousands of kilometres away, its ripple effects are felt in the fields of Punjab, Kashmir, Pakistan’s South Punjab, Bangladesh’s Rangpur and Nepal’s Gulmi district.The Strait of Hormuz, a narrow chokepoint linking Gulf oil and gas producers to global markets, handles roughly one‑fifth of the world’s oil and LNG shipments. Disruptions here delay the flow of natural gas used to produce nitrogen‑based fertilisers, inflating freight, insurance and ultimately fertiliser prices.South Asia, home to nearly two billion people, depends heavily on fertiliser‑intensive agriculture. In India, the sector is worth about $400 billion and employs over 46 % of the workforce; in Pakistan, it contributes close to 20 % of GDP; Bangladesh’s agriculture accounts for 12‑13 % of GDP; and Nepal relies on agriculture for roughly 24 % of its economy.Between 30 % and 35 % of India’s fertiliser imports, and up to 25‑30 % of Pakistan’s, Bangladesh’s, and Nepal’s imports, travel through routes that pass the Strait of Hormuz. Any prolonged blockage could therefore strain supply chains across the region.Governments are attempting to reassure farmers. Indian Prime Minister Narendra Modi announced expanded domestic production of urea, DAP and NPK, as well as the rollout of “Made‑in‑India Nano Urea” and solar‑powered irrigation under the PM Kusum scheme.Pakistan’s federal secretary for agriculture highlighted proactive monitoring, increased domestic urea and DAP output, and measures to keep fertiliser affordable.Bangladesh plans to import 500,000 tonnes of urea in the short term and is exploring alternative sources from China and Morocco, while Nepal’s agriculture ministry says supplies for the upcoming rainy season are secured, though it warns of possible shipment delays.On the ground, farmers are already adjusting. In Kashmir, mustard grower Ghulam Rasool says he reduces fertiliser use as soon as price signals rise, even before actual shortages appear. In Pakistan’s South Punjab, wheat farmer Muneer Ahmad fears higher costs will affect the entire community. In Bangladesh, Mohammad Ibrahim notes that fertiliser availability is becoming unpredictable, and in Nepal, Meghnath Aryal worries that delayed deliveries will hurt crop yields.These individual decisions have broader implications. Reduced fertiliser application can lower yields, which in turn pushes up food prices—a critical concern in a region where households allocate a large share of income to food.While no immediate shortage has been declared, the combination of higher global energy prices, logistical bottlenecks and geopolitical risk makes the situation volatile. Authorities in all four countries are urging farmers to supplement chemical inputs with organic alternatives such as manure, compost and green manuring.For Ramesh Kumar and millions of his peers, the distant Gulf crisis is not an abstract geopolitical story; it is a daily calculation of whether they can afford to feed their families and meet essential expenses.
#Strait of Hormuz #Gulf Shipping #South Asian farmers
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Environment Apr 02, 2026

Spain's Coastal Towns Prepare for Tsunamis

The article discusses how Spain's coastal towns, particularly Chipiona, are preparing for tsunamis …
Spain's coastal towns are taking proactive measures to prepare for tsunamis, a threat that has been historically underestimated. The town of Chipiona, located on the Atlantic coast, has become Spain's first 'tsunami-ready' community, recognized by the Intergovernmental Oceanographic Commission (IOC) of UNESCO in 2024. Chipiona's mayor, Luis Mario Aparcero Fernández, emphasizes the importance of public awareness and education in tsunami preparedness. The town conducts annual evacuation drills, and information boards have been installed to inform residents and tourists about what to do in case of a tsunami. The town's tsunami-ready status is part of a larger regional goal to establish 25 tsunami-ready communities by the end of this year and prepare all communities at risk by 2030. Jorge Macías, a tsunami modeller at the University of Málaga, stresses that preparedness is key, as the Mediterranean will experience a tsunami of at least a metre in height in the next 30 to 50 years with '100% certainty'. Spain's national tsunami warning system can detect an offshore earthquake and compute an initial assessment within three to five minutes. However, in the Mediterranean, this may leave only minutes to evacuate. Juan Vicente Cantavella, the director of the National Tsunami Warning System in Spain, notes that tsunami wave height is often underestimated, and even small waves can cause significant damage. Despite progress in some areas, much of the Costa del Sol remains in the earlier stages of planning, with sparse public signage and unclear evacuation routes. Miriam García, a geomorphologist and urban planner, highlights the vulnerability of Spain's Mediterranean coast, which was built without considering tsunami risks. The article concludes that preparedness is not about predicting the day and time of a tsunami, but about choosing not to be surprised when nature eventually repeats what history and geology say it will.
#spain #tsunami #earthquake
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World Economy Apr 02, 2026

Record March Petrol Price Surge Drives UK Drivers to Hunt Cheapest Fuel Ahead of Busiest Easter Travel in Four Years

UK motorists face a historic 20p per litre rise in petrol prices in March, prompting the RAC and Na…
UK drivers are being urged to hunt for the cheapest petrol as they prepare for an estimated 21.7 million journeys over the Easter bank‑holiday weekend – the busiest on the roads since 2022. Data from the RAC shows that the average price of a litre of unleaded petrol jumped 20p in March, rising from 132.83p on 1 April to 152.83p on 31 April. This is the fastest monthly increase on record, eclipsing the previous high of 16.6p recorded in June 2022 after Russia’s invasion of Ukraine. RAC policy chief Simon Williams called the rise “unprecedented” but stressed that travellers should fill up as usual and seek the cheapest forecourts nearby ahead of the holiday rush. To ease congestion, National Highways will temporarily suspend 1,500 miles (2,400 km) of roadworks on motorways and major A‑roads in England from Thursday through Easter Monday. The AA predicts this will accommodate roughly 1 million additional trips compared with last year, with traffic expected to peak on Thursday when schools break up. Analysts warn that the sharp fuel‑price surge may curb spending on trips. Susannah Streeter, chief investment strategist at the Wealth Club, noted that shorter journeys and fewer on‑the‑road purchases, such as chocolate treats, are likely. AA survey data shows that just over half of travellers plan to drive less than 50 miles, 5 % expect journeys of 50‑100 miles, about 1 % aim for 100‑200 miles, and fewer than 1 % anticipate trips beyond 200 miles. Rail disruptions are set to push more motorists onto the motorways. Engineering works will suspend west‑coast mainline services between London Euston and Milton Keynes from Good Friday to 8 April, and there will be no trains on several routes—including Preston to Lancaster (4‑5 April), Winchester to Southampton, and Herne Bay to Ramsgate—while services between London Waterloo and Clapham Junction will be reduced. Despite domestic challenges, the travel trade body ABTA estimates that 2 million UK residents will travel abroad this weekend. EasyJet is gearing up for its busiest Easter period yet, planning to operate 16,000 flights from UK airports over the two‑week school break. Passengers heading to the European Union should also prepare for potential two‑hour delays due to the rollout of the EU’s Entry‑Exit System, which requires third‑country nationals, including UK travellers, to submit photographs and fingerprints before entering the Schengen area.
#easter #busiest #between
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News Apr 01, 2026

Iranian Parliament Speaker Urges Investors to Short ‘Fake News’ as US‑Israel Conflict Fuels Strait of Hormuz Turmoil

Iran’s parliamentary speaker Mohammad Bagher Ghalibaf has taken to X to advise investors to treat w…
Amid the escalating United States‑Israel confrontation with Iran, parliamentary speaker Mohammad Bagher Ghalibaf has emerged as an unexpected voice on financial strategy, posting a series of warnings on X that market‑moving headlines are often engineered to trigger profit‑taking. Ghalibaf’s core advice is simple yet provocative: if a headline inflates prices, bet against it; if it drags prices down, go long. He describes pre‑market news bursts as a “reverse indicator” designed to manipulate investors. His posts are laced with sarcasm, referencing alleged manipulation of oil futures and even joking about turning rhetoric into “actual fuel at the pump.” Behind the humor, analysts say, lies a calculated effort to exploit the overlap between digital propaganda and real‑world conflict. The backdrop to Ghalibaf’s messaging is Iran’s use of asymmetric warfare, notably the brief shutdown of the Strait of Hormuz—a chokepoint through which roughly 20% of global oil and LNG shipments pass. The closure sent crude prices soaring and heightened economic pressure worldwide, underscoring Tehran’s ability to influence U.S. markets by targeting critical supply routes. On March 22, Ghalibaf warned financial institutions that support U.S. military financing in the Middle East, declaring that U.S. Treasury bonds are “soaked in Iranians’ blood” and that their portfolios were under surveillance. Economist Jo Michell of the University of the West of England observes that falling equity markets, rising energy costs, and higher interest rates could eventually force President Donald Trump to seek a diplomatic exit from the conflict. Michell notes that Trump often delivers his most aggressive statements over weekends when markets are closed, only to retreat before the opening bell—a pattern traders have dubbed TACO (“Trump always chickens out”). Indeed, when Trump’s original 48‑hour deadline for Iran to reopen the Strait of Hormuz loomed, he extended it by five days and later pledged a further 10‑day pause on attacks against Iranian energy infrastructure, actions that analysts interpret as deliberate market signaling. Middle‑East specialist Zeidon Alkinani explains that the conflict’s volatility creates new leverage points beyond direct price manipulation. Even light‑hearted rhetoric from officials like Ghalibaf can exacerbate market instability, as investors scramble for any hint of the war’s trajectory. In this environment, uncertainty itself becomes a powerful market driver. Alkinani stresses that the significance of the Strait of Hormuz now extends beyond physical oil flow disruptions; it reshapes investor expectations and amplifies the impact of digital messaging, especially given Trump’s high‑visibility online presence. Overall, Ghalibaf’s social‑media campaign illustrates how Tehran is blending military pressure with information warfare, turning market sentiment into an additional front of the broader geopolitical struggle.
#iran #israel #taco
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Politics Mar 31, 2026

Pakistan’s Foreign Minister Ishaq Dar Seeks Chinese Backing for US‑Iran Ceasefire Amid Middle East Turmoil

Pakistan’s foreign minister Ishaq Dar travelled to Beijing to press China into a more active role i…
Islamabad – Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar will travel to Beijing, reaffirming the “all‑weather strategic cooperative partnership” between the two nations, according to the Pakistani Ministry of Foreign Affairs.The visit follows a high‑profile quadrilateral meeting in Islamabad that brought together foreign ministers from Turkey, Egypt and Saudi Arabia, all aiming to coax the United States and Iran back to the negotiating table amid a war that has already spiked global energy prices.Despite a recent hairline shoulder fracture, Dar pressed on with the trip, signalling the urgency of Pakistan’s diplomatic push. In a March 27 call, Chinese Foreign Minister Wang Yi praised Islamabad’s “untiring efforts to cool down the situation,” a sentiment echoed by spokesperson Mao Ning, who said China is ready to “enhance communication… for a cease‑fire and peace in the region.”Analysts argue the mission is less about collecting praise and more about testing whether Beijing will move from rhetoric to concrete action in the US‑Iran mediation. The central question: can China become an active partner rather than a silent observer?Former Wilson Center fellow Baqir Sajjad Syed explains that Dar will brief Chinese leaders on the recent Islamabad quadrilateral and seek to turn five draft principles – immediate ceasefire, resumption of talks, civilian protection, maritime security, and UN Charter compliance – into a binding framework.Pakistani scholars view the outreach as classic intermediary behaviour: Pakistan leverages China’s permanent‑member status to stay relevant, while China, unlike the United States, mainly engages with Gulf states and Tehran.Iran specialist Vali Nasr suggested Tehran may be looking for a Chinese “guarantor” for any US‑Iran deal, a premise disputed by professor Ishtiaq Ahmad, who calls the expectation “analytically weak” given China’s reluctance to back a declining regime.The strategic stakes are stark. The Strait of Hormuz moves roughly 20 % of global oil. Kpler data show China imported about 1.38 million barrels per day of Iranian crude in 2025 – roughly 12 % of its total oil imports. The IEA estimates 15 million barrels per day passed through the strait in 2025, with China and India accounting for 44 % of that flow.China‑Iran trade hit about $41.2 billion in 2025, and a 2021 25‑year strategic cooperation pact promised up to $400 billion in Chinese investment for discounted Iranian oil, much of which remains unrealised due to U.S. sanctions.Syed describes China’s motivations as “clear and self‑interested”: protecting energy security, safeguarding Belt and Road Initiative (BRI) and China‑Pakistan Economic Corridor (CPEC) projects, and bolstering its image as a global peace broker. A prolonged war would hurt China’s economy through higher oil prices and disrupted trade routes.While Beijing is unlikely to deploy military forces, it may employ diplomatic tools – public endorsements, joint statements, and economic levers – to push for a cease‑fire. Its pragmatic stance means it will weigh the benefits of deeper involvement against the risk of being drawn into a conflict.The diplomatic backdrop includes a postponed Trump visit to Beijing and a slated summit for mid‑May, as well as a future Xi‑to‑U.S. trip, which observers say could signal a broader alignment between the two great powers.Meanwhile, the United States continues to amass forces in the Gulf, with thousands of Marines and Army troops positioned for possible ground operations, underscoring the volatility that Pakistan and China are trying to mitigate.In sum, Dar’s Beijing mission tests whether China will remain a passive supporter or become an active broker in a war that threatens global energy markets and regional stability.
#Pakistan #China #United States
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Economy Mar 30, 2026

Iran Conflict Disrupts Used Car Exports from Asia to Middle East

The ongoing conflict with Iran has significantly impacted used-car exports from Asia to the Middle …
The escalating tensions with Iran have sent shockwaves through Asia's used-car export industry, particularly affecting shipments to the Middle East. As a key player in the region, Iran's instability has created uncertainty and logistical challenges for exporters.With trade routes and shipping lanes being reevaluated, the used-car export business from Asia to the Middle East is experiencing a downturn. Exporters are navigating the complexities of ensuring safe passage for their shipments amidst the heightened tensions.The broader economic implications of this disruption are significant, as the used-car trade is a substantial component of regional commerce. Stakeholders are closely monitoring the situation, seeking stable solutions to mitigate the impact on the industry.
#Iran #United Arab Emirates #Japan
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Commentisfree Mar 29, 2026

Trump's Iran Conundrum: A War of Choice or a Path to Catastrophe

The article discusses the escalating tensions between the US and Iran, with President Trump conside…
The possibility of US ground troops being sent into combat on Iranian soil is growing, driven by President Trump's desire to avoid being personally and politically humiliated in a war he started, mismanaged, and cannot end. Such a self-serving escalation could prove catastrophic for Trump and the American people, given the history of US military interventions in the region.Trump insists that the war is all but won, Iran is suing for peace, and talks are making good progress. However, in the real world, Iran is still fighting on all fronts, Israel is still bombing, the Strait of Hormuz remains largely closed, and the Iran-allied Houthi militia in Yemen has joined the war, attacking Israel and potentially blocking Red Sea trade routes.The US and Iran have each issued maximalist demands, but there is no sign of actual negotiations. They are even further apart than they were before Trump, egged on by Benjamin Netanyahu, abandoned diplomacy last month. Sometime soon, Trump will be forced to confront the huge gap between what he wants and what's on offer. At that point, he could turn to the troop buildup in the Gulf and order ground attacks.It's incredible to think that after all the mortal agony and anguish of Iraq and Afghanistan, a US president is once again seriously contemplating boots on the ground in the Middle East. Trump's stumped, hoist by his own petard, stuck between a rock and a hard place, and up the creek without a paddle. The creek in question is, of course, the Strait of Hormuz.Trump is increasingly isolated and out on a limb. His wealthy Arab business cronies no longer trust him. US bases on their territory now resemble a liability, not a defence. When he demanded NATO's help, Europe said: we'll let you know. Likewise, Iran's ethnic Kurds are less than keen to die for a muppet. Support for the war among the US public and the Maga right, always weak, is a fast-vanishing mirage.If Trump were to order ground attacks – both he and Netanyahu have publicly discussed the possibility – the targets would most likely be the coastal batteries, missile defences, and concealed armed speedboat bases dotting the northern flank of the Hormuz strait. An attack on the Kharg oil export terminal further up the Gulf is also predicted.The inherent, inescapable military risks are daunting. Casualties would be inevitable. Even if operations went well in the short term, questions would immediately arise about potential escalation when Iran counterattacked, expansion of the operational area, and duration of the occupation.
#trump #iran #his
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