Economy
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Indian Lawmaker Questions Modi Govt: “Is Trump Telling Us Where to Buy Oil?”
DID Press: Sayed Nasir Hussain, a member of India’s National Congress Party, has called for a parliamentary debate on the Middle East crisis and its potential impact on India’s energy security. Hussain warned that instability in the region could have…
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IMF Warns Prolonged War May Spike Energy Prices and Inflation
DID Press: Kristalina Georgieva, head of the International Monetary Fund, warned that a prolonged war poses serious risks to global economic stability. Speaking at an event in Bangkok, she said the conflict “has the clear potential to impact global energy…
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Daily Trade Flows Between Afghanistan and Iran Continue Amid Tensions
DID Press: Border officials in Herat report that commercial transit between Afghanistan and Iran is continuing normally despite rising tensions in Iran. Zaeem Agha, Border Commissioner of Islam Qala, said an average of 600 trucks depart daily to Iran while…
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Gulf States on the Brink of Food Crisis, 90% of Supplies Imported
DID Press: CNN warns that the ongoing conflict with Iran could seriously threaten food security in Gulf Arab states. Six members of the Gulf Cooperation Council — Oman, Saudi Arabia, UAE, Qatar, Bahrain, and Kuwait — import roughly 90% of…
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Pentagon Turns to Ukraine for Cheap Drone Interceptors Amid Iranian UAV Threat
DID Press: Financial Times reports that the Pentagon is negotiating with a Gulf country to purchase Ukrainian-made drone interceptors. The move comes as Gulf states, previously relying on expensive Patriot missiles to counter Iranian drones, face depleted stockpiles. The report…
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Bloomberg: Water, Not Oil, Emerges as Middle East’s Most Strategic Resource
DID Press: Bloomberg reports, citing assessments from the CIA, that the Middle East’s most strategic commodity is not oil, but water—a vital resource that could become a key geopolitical factor in any escalation between the U.S. and Iran. Despite abundant…
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Trade With Afghanistan Continues Uninterrupted, Says Iran
DID Press: Embassy of the Iran in Kabul says trade between Iran and Afghanistan continues without interruption and that economic cooperation between the two countries remains on a path of expansion. Alireza Bikdeli, the acting head of the Iranian embassy…
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Jet Fuel Spike Hits US Airlines Amid Regional Tensions
DID Press: A recent Bloomberg report indicates that amid rising geopolitical tensions and soaring energy prices, jet fuel in the New York market has surged sharply, while U.S. airline stocks have tumbled. Charts released show a white line representing the…
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