European Council President Antonio Costa, European Commission President Ursula von der Leyen and Indian Prime Minister Narendra Modi hold hands in New Delhi, India on January 27, 2026. — ReutersEurope’s agricultural, automotive and service sectors stand to gain.Tariffs on cars to be…
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Ships and boats in the Strait of Hormuz off the coast of Musandam, Oman, April 20, 2026. — ReutersConflict sends crude soaring and revives inflation fears globally.Islamic republic’s position remains uncertain on peace talks.Seoul leads equity market gains thanks to resumption of tech…
Middle East war: Global economic fallout

Smoke is seen above Dubai on March 13, 2026. — AFP
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Kharg Island bombed
President Donald Trump said the US heavily bombed military targets on Iran’s Kharg Island, which handles almost all of the…
PM directs finance ministry to take up fuel levy issue with IMF

People wait for their turn to get fuel at a petrol station, amid the US and Israeli conflict in Iran, in Karachi, March 6, 2026. — Reuters Govt has spent Rs129bn on fuel subsidy.Fuel levy imposed as part of IMF conditions.Source says PM wants less burden on people.<p…
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