Oil prices fell in early Asian trading after Pakistan, which has been mediating efforts to end the US-Iran war, announced a deal that US President Donald Trump said would lead to the reopening of the Strait of Hormuz.
Pakistani PM Shehbaz Sharif says a final text of a US-Iran peace deal has been agreed, with Islamabad finalising next steps, as US Vice President JD Vance warns against false claims over the terms.
For much of the 26 years since the beginning of the millennium, India has aimed at becoming a rising economic power by way of first becoming a service centered hub and gradually shifting towards becoming a centre of manufacturing.
A Eurasianet partner post from the Central Asia-Caucasus Analyst.
As of mid-2026, China remains the centre of gravity in the EV world.
Russia is the only country in the world to formally recognise Afghanistan’s rulers, though Central Asia is slowly but surely building relations.
Billions of Moroccan locusts have swarmed eastern Iran at four to five times last year's density, with farmers and officials racing to save crops and livelihoods across 1,000 hectares of Sistan-Baluchestan.
Taiwan has struggled to secure LNG supplies through May and finalised contracts covering roughly half of June demand, but additional procurement costs are expected to reach into the billions of US dollars to complete.
With Iran making itself a heavily relied upon partner to regional allies, US President Donald Trump's bid to bring Pakistan, Saudi Arabia, Qatar, and Turkey into the Abraham Accords with Israel appears destined to fail.
US and Iran are close to agreeing a 60-day ceasefire extension including gradual reopening of the Strait of Hormuz, Financial Times reports, as Pakistan's army chief leaves Tehran after productive talks.
There will be no real winners in traditional tourism this summer – only airlines, tourist destinations and central banks left counting the cost.
Pakistan has imported 6mn barrels of crude oil from the US for the first time in the current fiscal year, in a move that highlights a gradual widening of energy links between Islamabad and Washington.
Likely once trodden by Alexander the Great and Marco Polo, its potential is fascinating.
Pakistan’s first-ever Panda Bond issuance received an overwhelming response from investors and was oversubscribed, marking a major milestone in the country’s financial engagement with China and international capital markets.
1Q shows the loans increasingly prominent in funding mix, driven by private nature, lower requirements and accommodating Gulf Cooperation Council banking systems.
Pakistan is also evaluating alternative external borrowing options, including Eurobonds and commercial debt facilities, as it looks to replace a $3.5bn funding arrangement from the United Arab Emirates and maintain adequate foreign currency reserves.
Argentina remains by far the largest debtor to the International Monetary Fund, underscoring the depth of its long-running financial crisis and its dependence on multilateral support.
Capital with adversarial Chinese or Pakistani ownership will hit a wall that each successive regulation has made harder to get around.
As history has demonstrated many times to date, the ‘start’ of a world war is less a moment than a process, and Asia today is beginning to look uncomfortably similar to Europe of the late 19th and early 20th centuries.
Andrei Belousov tells SCO meeting Moscow is “closely monitoring” moves made by “non-regional states”.