The fallout from Israel’s expanding military campaign in Lebanon may soon begin to haunt the global economy. After disruption in oil and trade flow through the Strait of Hormuz, Iran and its allies threatened action around the Bab al-Mandeb Strait, one of the world’s busiest shipping routes. On Monday, Iranian state-linked media reported that Tehran …
US State Department travel advisory lists Egypt among safer destinations in the Middle East region As tensions continue to ripple across the Middle East amid US-Israel war against Iran, one destination is quietly standing out for travellers seeking reassurance and that is Egypt. In the latest advisory issued by the US Department of State, Egypt …
Iranian Navy soldiers at an armed speed boat in Persian Gulf near the strait of Hormuz about 1320km (820 miles) south of Tehran, April 30, 2019. Morteza Nikoubazl | Nurphoto | Getty Images The escalating war in the Middle East has ratcheted up fears of prolonged disruption to global trade via key maritime corridors like …