Oil producing nations are watching the escalating conflict between Iran and the US nervously. Theoretically, Iran has the power to put a dent in the region's exports. The barrel price has already shot up.
The United Arab Emirates will turn on the Arab world's first nuclear power plant in just a few months. In the charged atmosphere of the Persian Gulf, what are the risks?
India would like to expand its economic ties with Iran, but tensions between Tehran and Washington are hampering New Delhi's efforts. They also pose other challenges for the Indian economy.
A French naval facility in the United Arab Emirates has been chosen as the base for a European mission to protect Persian Gulf shipping. Attacks on oil tankers in the Strait of Hormuz have been blamed on Iran.
During a visit to Minsk, US top diplomat Mike Pompeo has said Washington wants to help Belarus safeguard its sovereignty. Pompeo said US energy producers were ready to deliver 100% of the oil Belarus needs.
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