Headlines

Iran war redraws sea routes with Africa as the pivot

The closure of the Strait of Hormuz as well as tensions in the Red Sea are reshaping trade routes, with Africa becoming a hub of global container ship traffic, according to logistics and maritime sources. Over the past two months, the blockade has also pushed shipowners to find

Jury of Italy's Venice Biennale resigns over Russia row

The international jury of the upcoming Venice Biennale Art Exhibition resigned Thursday in a row over the organisation's decision to allow Russia to participate in this year's event. The resignations came a week after the jury said it would exclude countries from awards if the

Iranian economic collapse may come too late for Trump

By Parisa Hafezi and Angus McDowall DUBAI, April 30 - Weeks of conflict have aggravated Iran's dire economic problems, risking calamity after the war, but the Islamic Republic looks able to survive a standoff in the Gulf for now, despite a U.S. blockade that has cut off energy