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The war in the Middle East has delivered a body blow to the plan of Beijing to build an overland railway corridor between China and Iran that can offer Tehran and Beijing a potential alternative to bypass sanctions by the United States on Iranian oil. Beijing also wants to use the corridor to capture the European market.
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Tehran has taken a sharp swipe at US President Donald Trump after his repeated threats to reopen the Strait of Hormuz, with the Iranian Embassy in Zimbabwe sarcastically claiming it had “lost the keys.” Reacting in similar vein, Iran’s embassy in South Africa joked: “Shh… the key’s under the flowerpot. Just open for friends.
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Canada, by contrast, is a resource-rich economy with abundant natural resources, advanced technological capabilities, and world-class research institutions. The country is a leading supplier of agricultural commodities, minerals, and energy resources, while also maintaining strong capabilities in fields such as artificial intelligence, biotechnology, and clean technologies.
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Iran won’t reopen the Strait of Hormuz in exchange for a “temporary ceasefire,” a senior Iranian official tells Reuters, adding that Tehran views Washington as lacking the readiness for a permanent ceasefire.
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Construction is underway in western India on what billionaire-led Adani Group says will be India’s largest battery energy storage system. Located inside the Khavda Renewable Energy Park in Gujarat, the project is designed to store 3,530 megawatt-hours of power. Full completion was targeted by March 2026.
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US President Donald Trump has published an expletive-laden post on social media in which he threatened to destroy Iran’s power plants and bridges if it failed to meet his Tuesday deadline to reopen the Strait of Hormuz to all shipping.
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Seyyed Mehdi Tabatabaei, deputy for communications at the Iranian president’s office, has said Iran will open the Strait of Hormuz only after receiving compensation for war damages, paid via a “new legal regime” based on transit fees.
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The president of the United States, Donald Trump, launched this Sunday his toughest warning to date, loaded with insults, against the authorities of Iran after the blockade of navigation in the Strait of Hormuz. He has given them until next Tuesday to reopen the passage or, otherwise, assures that he will order a massive attack against the country’s main infrastructures.
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Tedros Adhanom Ghebreyesus, director-general of the World Health Organisation, has raised the alarm over the safety of nuclear facilities in Iran following US-Israeli strikes close to the Bushehr nuclear power plant.
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In the vibrant newsrooms of New York, London, and Washington, journalists sip coffee and analyse global events with the confidence that physical distance offers safety and perspective — for a growing number of Pakistani journalists living abroad, that assumption is no longer valid.
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ISLAMABAD: Just a day after an unprecedented surge in petroleum prices, Prime Minister Shehbaz Sharif on Friday announced a major relief measure, slashing the petroleum levy by Rs80 per litre and bringing the price of petrol down to Rs378 per litre.