World news

World news

Moody's Ratings has slashed India's economic growth projections for the current fiscal to 6%, from 6.8% earlier. The credit ratings agency said the US-Israeli war against Iran and its impact on the global energy market will weigh on India's growth momentum and heighten inflation risks.

Despite the ceasefire that came into effect in October, the Israeli military has continued to violate the agreement by carrying out air strikes and limiting the entry of aid.

The war has effectively blocked the Strait of Hormuz, the world's most important oil route, since the end of February and cut exports from OPEC+ members Saudi Arabia, the United Arab Emirates (UAE), Kuwait and Iraq.

India has not received a cargo from Tehran since May 2019, following US pressure not to buy Iranian crude. New Delhi has turned to Tehran for energy supplies as the Iran war rattles supply.

It sounds to me like he's probably back in a panic mode. Wishing he could find a way to declare victory and get out of this war, regardless of whether or not he opens the Strait of Hormuz before he does it.

The manipulation of fuel stock data was intended to justify an emergency import of fuel even though Kenya has several standing contracts. Despite the war in Iran, Saudi Aramco Trading Fujairah and others were meeting their contractual obligations.

Pahlavi pledged to lead a transition to a 'free and democratic Iran.' He called on President Trump to continue the American-Israeli military operation against Iran, in the hope of displacing a regime he decried for placing a 'sea of blood' between itself and its people.

"The influx of visitors will likely generate billions of dollars in economic activity, benefiting the hospitality, transportation, and retail sectors. Host city hotels anticipate record occupancy, and local businesses will benefit from increased visitor traffic."

Meloni met the Qatari leader to discuss the energy crisis due to the ongoing United States and Israeli war on Iran, emphasizing Italy's readiness to contribute to the rehabilitation of Qatari energy infrastructure.

The 10-year Japanese government bond yield reached 2.38% to 2.39% by early April 2026, topping levels not seen in over two decades and clearing the 2008 financial crisis peak by roughly 30 basis points.