You have not yet added any article to your bookmarks!
Join 10k+ people to get notified about new posts, news and tips.
Do not worry we don't spam!
Post by : Badri Ariffin
Saudi Arabia has reinforced the critical need to safeguard the Strait of Hormuz, indicating that any hindrance to this key maritime route could adversely impact global commerce and energy security.
During a collaborative press conference with Gulf Cooperation Council (GCC) nations and the United States, Dr. Abdulaziz Alwasil, the Kingdom's Permanent Representative to the United Nations, underscored the Strait's vital function in preserving international trade and consistent energy sources.
As reported by the Saudi Press Agency (SPA), Alwasil stated that threats to navigation within the strait would significantly influence global markets, international supply chains, and the efficient flow of goods worldwide.
He cautioned that any disturbances in the area could lead to serious humanitarian and economic repercussions, causing delays in essential supplies, medical resources, and humanitarian assistance.
Alwasil called for the preservation of maritime security and the seamless continuation of international trade in accordance with global laws. He urged for enhanced international collaboration to mitigate tensions in the area and avert escalation that might compromise regional and global tranquility.
This statement was issued amidst discussions on a draft resolution aimed at safeguarding the freedom of navigation and maritime security in international waters.
Indonesia Raises Rates To Save Rupiah
Indonesia’s central bank hikes interest rates sharply as the rupiah hits record lows amid global inf
Samsung Strike Threatens South Korea Economy
South Korea may invoke rare emergency arbitration as Samsung workers plan an 18-day strike over fail
Asian Markets See Heavy Foreign Sell-Off
Rising US bond yields and inflation fears trigger massive foreign outflows from Asian equities, led
India Cricket Squad Set For Afghanistan Series
Rohit Sharma and Virat Kohli return for ODIs against Afghanistan while Jasprit Bumrah has been reste
Indian Diplomat Found Dead In Bangladesh
Indian protocol officer Naren Dhar was found dead inside the Indian mission premises in Chittagong a
India Scorches Under Extreme Heatwave
Extreme heat grips India as temperatures cross 47°C, with El Niño, urban heat and weak rainfall wors
