The Philippines is among the economies hardest hit by the prolonged Middle East conflict, but it could emerge as a beneficiary once the Strait of Hormuz reopens and global oil shipments normalize, according to think tank Oxford Economics. In a July 22 report, Oxford Economics senior emerging market...
DUBAI, United Arab Emirates (AP) — U.S. President Donald Trump warned Wednesday that the U.S. will destroy one bridge or power plant each time Iran shoots at a ship in the Strait of Hormuz. Trump 's latest threat to target civilian infrastructure came as the unpopular war spirals with no...
MANILA, Philippines (AP) — U.S. Secretary of State Marco Rubio warned Asian leaders Wednesday that Iran 's demand to control and collect tolls in the Strait of Hormuz would threaten the world 's economy and set a precedent that could be repeated elsewhere in the world. Rubio spoke at...
US Secretary of State Marco Rubio defended Washington 's position on the escalating conflict with Iran, saying the United States remains open to diplomacy but will act to protect its interests and allies if Tehran fails to negotiate in good faith. Speaking at the ASEAN Post-Ministerial...
DUBAI, United Arab Emirates (AP) — Iran attacked a tanker in the Strait of Hormuz early Tuesday, forcing its crew to abandon the ship even as the United States conducted yet-another round of airstrikes targeting the Islamic Republic over control of the key waterway. The 10 consecutive nights of...
The Department of Foreign Affairs (DFA) announced that four Philippine-registered vessels carrying 81 Filipino seafarers have safely transited the Strait of Hormuz and exited the conflict area in the Persian Gulf, easing concerns over the safety of Filipino mariners caught in months of heightened...
DUBAI, United Arab Emirates (AP) — The United States intensified its strikes targeting Iran early Thursday, hitting targets further north as American forces also fired into a ship it accused of trying to break its naval blockade on the Islamic Republic. Iran retaliated with missile and drone...
DUBAI, United Arab Emirates (AP) — The U.S. military early Wednesday reimposed a blockade on Iranian ports over Tehran’s attacks on ships trying to pass through the Strait of Hormuz, sparking new strikes on nations hosting American forces as an interim deal to end the war further unraveled....
DUBAI, United Arab Emirates (AP) — Iran said it considers the Strait of Hormuz closed once again after a vessel using an 'unauthorized route ' was struck by a warning shot in the critical waterway, further jeopardizing the already tenuous ceasefire agreement with the United States. ...
The Philippines, through the Department of Foreign Affairs (DFA), on Saturday, July 11, expressed deep concern over the recent developments between the United States and Iran, urging all parties to exercise restraint and return to diplomacy to prevent further escalation of tensions. In a statement,...
DUBAI, United Arab Emirates (AP) — President Donald Trump warned Iran on Wednesday that the U.S. was preparing for another night of strikes, just hours after he said the ceasefire was over following Iranian attacks on American military sites in the Persian Gulf. Trump renewed his past threats to...
DUBAI, United Arab Emirates (AP) — A tanker traveling off the coast of Oman in the Strait of Hormuz caught on fire early Tuesday morning after being struck by a projectile, the British military said. The attack was the latest targeting a vessel moving through the narrow mouth of the Persian...
