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Gas prices in Europe have surged by nearly 70% amid the West Asian crisis, intensifying volatility in global energy markets. Compounding this, Russia imposed a gasoline export ban effective April 1. Since the Iran war, energy markets have been acutely destabilised. Eurozone inflation rose to 2.5% from 1.9%, driven largely by energy inflation at 4.9%…
On the first day, it looked like a war of overwhelming force. Missiles and drones surged across the Gulf, with Kuwait and the United Arab Emirates absorbing hundreds of strikes in a matter of hours. The charts capturing those opening hours are stark: towering spikes that dwarf everything that follows. For many observers, the conclusion…
The assassination of the all-powerful Islamic Revolutionary Guard Corps’ (IRGC) Navy chief, Alireza Tangsiri, is the latest addition to Iran’s leadership falling prey to Israeli and American military campaigns. Tangsiri was reportedly killed in an Israeli airstrike on the port city of Bandar Abbas, on the coast of the contested Strait of Hormuz, and nearly…
The US has reportedly proposed a 15-point plan to Iran for ending the US-Iran war. Iran has made its own conditions for an agreement known. It is evident that these are maximalist positions on both sides, and any eventual agreement would involve compromises. But if one side or the other lays out its positions in…
The unending war against Iran is now being seen as a turning point in world order. How did the US get it so wrong? The US made three big assumptions before pulling the trigger on February 28. First, the US believed the world balance of power, while past its unipolar prime, was still favourable, with…
The UAE on Sunday ordered the arrest of 35 individuals, including 19 Indians, for publishing video clips on social media platforms that contained misleading and fabricated content amid regional tensions due to the Israel-US-Iran war. The United Arab Emirates’ (UAE) official news agency Wam said the accused have been referred for an expedited trial. The…
When Pakistan signed the Strategic Mutual Defence Agreement (SMDA) with the Kingdom of Saudi Arabia in September last, its military-controlled regime never imagined that this agreement would soon become so onerous. Pakistani generals and politicians had convinced themselves and their public that Saudis would shower Pakistan with money and, in return, Pakistan would guarantee Saudi…
In its first week, the conflict around Iran has spread across the Gulf and moved closer to India’s maritime neighbourhood. For India, this is not a distant geopolitical theatre. It is an energy shock in the making, a shipping risk, a remittance risk, and a human-security problem. The conflict has already claimed Indian lives. Few…
The United Arab Emirates (UAE) has ended the deal for operation of the international airport in Pakistan. According to Pakistani newspaper The Express Tribune, Abu Dhabi has decided that it will no longer operate Islamabad’s International Airport. This is being linked to the sudden visit of UAE President Sheikh Mohammed bin Zayed Al Nahyan to…
India’s Jujhar Singh slapping a Russian player in the Power Slap Competition. Jujhar Singh of Chamkaur Sahib in Ropar district of Punjab has become the first Sikh champion of the Power Spell Competition held in Abu Dhabi. In this competition held on October 24, Jujhar defeated his competitor Antony Glushka by slapping. . Jujhar Singh…