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World Economy Mar 23, 2026

Iran Allows Select Countries' Ships Safe Passage Through Strait of Hormuz Amid War

Iran has allowed ships from several countries, including Pakistan, India, and Turkey, to pass throu…
Iran has granted safe passage through the Strait of Hormuz to ships from select countries, including Pakistan, India, and Turkey, despite its ongoing war with the United States. The strait, a vital waterway for global oil shipments, has been effectively blocked since the conflict began on February 28, causing oil prices to skyrocket above $100 per barrel.On March 2, Ebrahim Jabari, a senior adviser to the commander-in-chief of Iran's Islamic Revolutionary Guard Corps (IRGC), announced that the strait was 'closed' and warned that any vessels attempting to cross would be 'set ablaze' by the IRGC and the navy. This move led to a significant increase in oil prices, with Brent crude rising 2.5 percent to $105.70 on Monday, more than 40 percent higher than before the war began.Iranian Foreign Minister Abbas Araghchi revealed that Tehran had been approached by several countries seeking safe passage for their vessels, with the decision ultimately resting with the military. He confirmed that a group of vessels from 'different countries' had been allowed to pass through, although details were not provided.Pakistan was one of the first countries to have a ship pass through the strait, with a Pakistani-flagged Aframax tanker called Karachi sailing out of the Gulf on Sunday. India also secured permission for some of its vessels to pass through, with two Indian-flagged tankers carrying liquefied petroleum gas safely crossing the strait on Saturday.In addition, Turkey obtained permission for one of its ships to pass through the strait after authorities received approval from Tehran. China is reportedly in talks with Iran to secure safe passage for its crude oil and Qatari liquefied natural gas carriers, with 45 percent of China's oil imports passing through the strait.Meanwhile, France and Italy have requested talks with Iran regarding safe passage for their ships, according to reports. The US has proposed a naval coalition to secure the strait, but countries such as Germany and Greece have ruled out military involvement.
#strait #hormuz #iran
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World Mar 23, 2026

US and Iran Engage in Secretive Backchannel Talks Amid Escalating Conflict

The US and Iran have engaged in secretive backchannel talks, mediated by countries such as Egypt, P…
The US and Iran have been engaged in secretive backchannel talks, mediated by countries such as Egypt, Pakistan, and Oman, in an effort to prevent further escalation of the conflict in the region. The talks, which were denied by Iran initially, may lead to a resolution, but the path forward remains uncertain.According to reports, US special envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi have been in communication, with the Egyptian Foreign Ministry tweeting that conversations were underway on Sunday, 24 hours before Donald Trump's deadline to start attacking Iran's energy infrastructure.The talks have been chaotic, with multiple mediators jostling for the title of peacemaker in chief. Pakistan's army chief, Asim Munir, spoke with Trump on Sunday, while Pakistani Prime Minister Muhammad Shehbaz Sharif held talks with Iranian President Masoud Pezeshkian on Monday.Iran's Foreign Ministry initially denied any talks had taken place, saying: “There is no negotiation whatsoever between Tehran and Washington.” However, the ministry later opened up, with spokesperson Esmail Baghaei saying that messages had been exchanged through friendly countries, indicating America's request for negotiations to end the war.The talks may yield a complete and total resolution in the war, according to Trump, who announced that he was holding off from attacking Iran's energy infrastructure due to the “very good and productive conversations” that had been held with Iran.A 15-point deal has been proposed, including joint control of the strait of Hormuz, no nuclear bombs, and no enrichment of uranium. However, Iran's willingness to agree to abandon its right to enrich uranium remains a major sticking point.If talks fail, Trump warned: “We'll just keep bombing our little hearts out.”
#talks #iran #trump
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World Economy Mar 18, 2026

Preventable Child Deaths Soar as Aid Cuts Threaten Global Health Goals

A recent UN report reveals that 4.9 million children died in 2024, mostly from preventable causes. …
A staggering 4.9 million children died in 2024, with the majority of these deaths being preventable, according to a new UN report. The report warns that aid cuts could hinder the global goal of ending preventable child deaths. Progress towards ending preventable deaths of children under five by 2030 has slowed by 60% since 2015. UN experts are calling for sustained investment in health systems to reach this target. “No child should die from diseases that we know how to prevent,” said Unicef executive director Catherine Russell. “But we see worrying signs that progress in child survival is slowing – and at a time where we’re seeing further global budget cuts.” The report highlights that Sub-Saharan Africa and South Asia have persistently had the worst rates of child death, largely due to newborn deaths. The most common causes of death were premature birth, pneumonia, and trauma during birth. Infectious diseases, including malaria, were also a major cause. 100,000 children died directly from severe acute malnutrition – with the highest numbers in Pakistan, Somalia, and Sudan. Aid cuts are threatening to close lifesaving facilities, humanitarian workers warn. “We are not moving far enough or fast enough and leaving 5 million [children] under the age of five vulnerable,” said Abdurahman Sharif, senior humanitarian affairs director at Save the Children. Aid cuts have affected 6,600 health facilities, with a third forced to close. Experts warn that without sustained investment, progress in reducing child deaths will slow further, and gains could begin to reverse.
#children #cuts #child
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