The businesses from various sectors are facing further losses due to the increase in fuel prices in the country. Increasing fuel prices will increase production and transportation costs. Global buyers will not pay more than the predetermined price. As a result, exporters will have to spend from their pockets to adjust for the additional costs. ...more

The ongoing Iran conflict has inflicted a massive blow to the global oil market, with losses in oil trade estimated at around $50 billion over nearly 50 days of disruption, according to analysts and media calculations.Since the outbreak of the war in late February, oil supply chains have faced severe interruptions, significantly reducing production levels ...more

 Iran's military declared the Strait of Hormuz closed again on Saturday, its military command said, hours after reopening it and with more than a dozen commercial ships passing through the vital waterway.The toing and froing over the strait cast doubt on US President Donald Trump's optimism the day before, that a peace deal to end ...more

The International Monetary Fund (IMF) has decided not to release the next tranche of its ongoing loan programme for Bangladesh by June, citing insufficient progress in key structural reforms in revenue generation, banking, and energy sectors. Instead, the multilateral lender has proposed initiating discussions for a new loan arrangement with stricter conditionalities.The development signals growing ...more

Direct talks between Israel and Lebanon concluded in Washington on Tuesday, with Israel's envoy hailing a "wonderful exchange" and saying the two countries are "on the same side" in opposing Iran-backed Hezbollah."We enjoyed it together. We had a wonderful exchange of over two hours," Israeli Ambassador Yechiel Leiter told reporters following the talks."We discovered today ...more

The collapse of the Islamabad talks led by JD Vance marked not a failure of diplomacy but the conclusion of irreconcilable strategic end-states between the United States and Iran.Domestic political constraints in Washington under JD Vance and in Tehran under the Islamic Revolutionary Guard Corps made meaningful compromise structurally impossible.The situation has now shifted into ...more

The current reality of world politics has brought us face to face with a brutal truth. In this reality, war in a particular region does not mean war only in that region - rather, it takes the form of a war for the whole world. As far as it can be said, war is not ...more

It has faced the world's most powerful military, thwarted the conspiracy of the most cunning intelligence agency; it has been bloody, it has lost most of its top leadership - yet it has not collapsed. It has fought like a hero day after day, and finally forced the enemy to come to the negotiating table. ...more

A Bangladeshi-flagged cargo vessel that had been stranded in the Persian Gulf due to escalating conflict in the Middle East has resumed its journey following a ceasefire, offering relief to maritime authorities and highlighting the vulnerability of global shipping routes during geopolitical crises.The vessel, MV Banglar Joyjatra, owned by the Bangladesh Shipping Corporation, set sail ...more

The ongoing war involving the United States, Israel, and Iran has unsettled the entire world. As a result of the war, Bangladesh is not only facing energy-related challenges but is also beginning to experience impacts on remittance inflows.In particular, remittances from Bahrain, Jordan, and Iraq are showing a clear downward trend, which has raised concerns ...more