Global Markets Slide As West Asia Conflict Fuels Energy Shock
KUALA LUMPUR — The escalating conflict in West Asia is reverberating across global markets, energy supplies and humanitarian conditions, with governments and institutions scrambling to respond to rising oil prices, security threats and widening displacement across the region. Asian and global stock markets retreated as crude oil prices surged amid fears of prolonged supply disruptions […]
Ports Tighten Container Inspections Following Movements Stuck in the Strait of Hormuz .
PUTRAJAYA, March 10 — Malaysia will implement several mitigation measures to ensure the country’s port operations remain unaffected by potential disruptions arising from the conflict involving the United States, Israel and Iran, Transport Minister Anthony Loke Siew Fook said. He said the matter was discussed during a meeting with port operators, shipping companies and maritime […]