On 8 April, United States and Iran have agreed to a conditional two week ceasefire, easing tensions after more than a month of conflict. The truce allows ships to pass through the Strait of Hormuz, a key global route for oil and trade. How the deal came about The agreement follows weeks of fighting involving […]
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Russia has carried out one of the largest attacks in the war, launching nearly 1,000 drones across Ukraine in just 24 hours. What happened? According to the Ukrainian military, nearly 1,000 drones were fired, with more than 550 launched during the daytime. This made it one of the biggest and most intense attacks in recent […]
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The war in the Middle East is now affecting countries all over the world. Because oil supply has been disrupted, especially through the Strait of Hormuz, fuel prices are rising. Governments are now taking strong steps to save energy and reduce spending. Sri Lanka cuts fuel use and public spending Sri Lanka has introduced strict […]
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The war between the United States, Israel, and Iran continues to grow more serious. Recent fighting has focused on Kharg Island, a small island that plays a very important role in Iran’s oil industry. The conflict has also affected the Strait of Hormuz, one of the most important shipping routes in the world for oil. […]
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Maldive Gas has placed limits on how much cooking gas people can buy because of supply shortages linked to the conflict in the Middle East. The company is responsible for importing cooking gas to Maldives. What has changed Maldive Gas has temporarily stopped selling full 10 kilo cooking gas cylinders. Instead, the company is now […]
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Government of Maldives is taking several steps to prepare for possible economic challenges caused by the conflict in the Middle East. Officials say rising fuel prices and disruptions to global trade could affect the country’s economy, which depends heavily on imports. Maldives seeks extra $100 million to support reserves Finance Minister Moosa Zameer said Maldives […]
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