Trade
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Houthi Control of Bab al-Mandab Raises Economic Questions for Yemen
DID Press: The expansion of Ansar Allah (the Houthis) along Yemen’s western coast and its reported capture of strategic areas around the Bab al-Mandab Strait, including the port city of Mokha, have raised new questions about the economic and geopolitical…
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Physical Oil Prices Surpass $130 as Hormuz Flows Plunge
DID Press: Physical crude oil prices have risen above $130 per barrel as disruptions to tanker traffic and sharply reduced oil flows through the Strait of Hormuz continue to put pressure on global energy markets. Recent market reports indicate that…
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Macron: Strait of Hormuz Remains ‘Almost Blocked’ Despite US Claims
DID Press: French President Emmanuel Macron has said the Strait of Hormuz remains “almost blocked” and that no agreement has been reached to fully reopen the strategic waterway, challenging the U.S. administration’s account of shipping conditions in the strait. Recent…
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$1.5M Cold Storage Facility for Fruit, Meat Opens in Herat
DID Press: A large cold-storage and preservation facility for fruit and meat, built at a cost of $1.5 million, has been inaugurated in Guzara district of Herat province, western Afghanistan. Jamshid Kamal, head of the Kamal Herat Cold Storage facility,…
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US Gasoline and Diesel Prices Rise Amid Global Energy Supply Disruptions
DID Press: Gasoline and diesel prices in the United States have come under renewed upward pressure as disruptions to global oil supplies, damage to energy infrastructure in the Middle East, and the continuing Russia-Ukraine war raise concerns over fuel availability…
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Pakistan Conditions Reopening of Afghanistan Border on End to Terrorism
DID Press: Pakistan has said it is ready to reopen its border crossings with Afghanistan, restore transit trade and use Afghanistan as a regional connectivity hub, but has conditioned the move on Kabul taking decisive and verifiable action against militant…
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India Accuses Pakistan of Blocking Afghanistan’s Trade and Transit
DID Press: India’s Permanent Representative to the United Nations, Parvathaneni Harish, has accused Pakistan of obstructing Afghanistan’s trade and transit access, saying the restrictions violate international principles governing landlocked developing countries. Speaking at a UN Security Council briefing on Afghanistan,…
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Iranian Investors Express Readiness to Invest in Herat’s Industrial and Economic Sectors
DID Press: A group of Iranian businesspeople and investors has expressed readiness to explore investment opportunities in Herat’s industrial, agricultural and infrastructure sectors during a meeting with Noor Ahmad Islamjar, the Taliban-appointed governor of Herat. The Iranian business delegation discussed…
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