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Opec+ agreed a modest oil output boost of 206,000 barrels per day for April on Sunday just as the US-Israeli war on Iran and Tehran’s retaliation disrupted oil flows from key members of the producer
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Chinese Foreign Minister Wang Yi today called on all parties involved to halt military operations in the Middle East, prevent the war from spreading and its repercussions from spiraling out of control.This came during a phone call between the Chinese Foreign Minister and his Russian counterpart, Sergey Lavrov, during which they exchanged views on the latest developments in the Middle East.Wang Yi stressed the need for all parties involved to return to dialogue and negotiation as soon as possible, urging all sides to strengthen peace talks and end the war.He emphasized that China has always opposed the use of force or the threat of force in international relations.For his part, Lavrov confirmed that Russia agrees with China's position calling for a ceasefire and a return to diplomatic negotiations.
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Pakistan's shortcomings were laid bare during their lacklustre T20 World Cup campaign which ended on Saturday night when the team failed to reach the semi-finals.From the captain Salman Agha, who was criticised for not being
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The UAE is further consolidating its standing as a leading regional and global centre for aircraft maintenance, repair and overhaul (MRO), supported by its status as a major aviation market and as home to large
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India’s revised GDP series not only present a larger economic base but also highlights the rising strength of manufacturing as a key growth driver, even as Q3FY26 growth moderated to 7.8 per cent, a new
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In light of the geopolitical developments unfolding in the region, the Ministry of Economy and Tourism has affirmed the resilience and stability of markets across the United Arab Emirates.The economy ministry said it held strategic
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India’s industrial & warehousing market is entering a phase of accelerated transformation driven by policy push, infrastructure augmentation, evolving consumer behaviour, supply‑chain recalibration and rapid technology adoption. Further, India’s manufacturing sector, currently contributing about 17%
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Egyptian Foreign Minister Badr Abdelatty discussed the rapidly escalating developments and dangerous military escalation in the region in two separate phone calls on Sunday with his Iraqi counterpart Fuad Hussein and Romanian counterpart Oana Toiu.In a statement, the Egyptian Foreign Ministry said that Abdelatty stressed during the calls the need for concerted regional and international efforts to de-escalation and containment of the current crisis, warning of the catastrophic consequences of the conflict's expansion.The Egyptian Foreign Minister emphasized that prioritizing political and diplomatic solutions is the only way to prevent the region from descending into widespread chaos, the devastating effects of which would impact the security, stability, and resources of all the region's peoples. He stressed that there is no alternative to dialogue for addressing the current crises.He expressed his condemnation of the targeting of the territories of several Arab countries, affirming Egypt's categorical rejection of any violation of their sovereignty and territorial integrity.
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The International Atomic Energy Agency (IAEA) has announced that it will hold an emergency meeting on Monday at the request of Russia to discuss the developments following the US-Israeli strikes on Iran.The United Nations agency clarified in a statement on Sunday that this special session of its Board of Governors will address issues related to the military strikes carried out by American and Israeli forces on Iranian territory.Director General of the IAEA, Rafael Grossi, commented on the situation, emphasizing that the Iranian nuclear file will not be permanently resolved through military action. He underscored the critical need to reach an agreement.
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The United Nations (UN) Secretary-General Antonio Guterres condemned today's military escalation in the Middle East, saying that the use of force across the region undermines international peace and security.In a statement, Guterres said, "All Member States must respect their obligations under international law, including the Charter of the UN.""The Charter clearly prohibits the threat of the use of force against the territorial integrity or political independence of any state, or in any other manner inconsistent with the Purposes of the United Nations," he added.The UN Secretary-General called "For an immediate cessation of hostilities and de-escalation," saying, "Failing to do so risks a wider regional conflict with grave consequences for civilians and regional stability."Guterres strongly encouraged all parties to return immediately to the negotiating table, reiterating that the peaceful settlement of international disputes in full accordance with international law, including the UN Charter, is the only viable path, adding that the Charter provides the foundation for the maintenance of international peace and security.
