Washington’s naval blockade of the Strait of Hormuz is threatening to tip Asia into its worst energy crisis in living memory, with peace talks on the Iran war stalled and no clear timeline for when oil flows might resume. The United States moved to seize control of the flashpoint waterway on Monday night, with US President Donald Trump framing the move as a way to force Iran to ...

A leading sovereign wealth fund from Central Asia has cast a vote of confidence in Chinese debt and the country’s currency by becoming the first institution from the region to sell yuan-denominated debt, known as panda bonds, in China’s onshore market. The decision by Kazakhstan’s sovereign wealth fund, Samruk-Kazyna, to sell 3 billion yuan (US$440 million) in China’s interbank ...

A former student opened fire at his former high school on Tuesday in Turkey, where school shootings are rare, wounding 16 people including students before killing himself, officials said. Special security forces were deployed to the school in southeastern Turkey’s Sanliurfa province, where students were evacuated, local governor Hasan Sildak said. Television footage showed ambu...

The world is undergoing a transformation of historic proportions. Geopolitical rivalry, economic restructuring and technological acceleration are converging to reshape the global order. These changes transcend the logic of any single nation, industry or moment in time, exerting profound influence on international politics, geoeconomics, industrial structures, capital flows and i...

With millions of Indonesians at risk of being pushed into poverty amid a deepening global energy crisis, President Prabowo Subianto arrived in Moscow this week seeking something straightforward but increasingly scarce: cheap oil. Prabowo’s trip, which got under way on Monday, comes at a moment of acute regional anxiety. Global oil prices have skyrocketed since the United States ...