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Millions of jobs have been lost in Iran as the economic fallout from the US-Israeli military campaign devastates businesses and supply chains across Tehran. A fragile ceasefire has paused the fighting, but the financial damage, dubbed "Operation Economic Fury" by Iranians, continues to deepen.
India targets imports of 64 lakh tonnes of urea and 19 lakh tonnes of other fertilisers as the US-Israel-Iran conflict pushes global prices higher. With domestic urea output at 35.4 lakh tonnes, the shortfall will increase India's fertiliser subsidy burden.
Iran's parliament speaker revealed Tehran may prioritize paid passages through the Strait of Hormuz rather than a full closure, reframing the waterway as a potential revenue tool. The move introduces a toll-based control mechanism over a chokepoint handling roughly 20% of global oil trade, with direct consequences for
Tag
Millions of jobs have been lost in Iran as the economic fallout from the US-Israeli military campaign devastates businesses and supply chains across Tehran. A fragile ceasefire has paused the fighting, but the financial damage, dubbed "Operation Economic Fury" by Iranians, continues to deepen.
1mo ago · 2 min · Global Affairs
India targets imports of 64 lakh tonnes of urea and 19 lakh tonnes of other fertilisers as the US-Israel-Iran conflict pushes global prices higher. With domestic urea output at 35.4 lakh tonnes, the shortfall will increase India's fertiliser subsidy burden.
2mo ago · 2 min · Economy
Iran's parliament speaker revealed Tehran may prioritize paid passages through the Strait of Hormuz rather than a full closure, reframing the waterway as a potential revenue tool. The move introduces a toll-based control mechanism over a chokepoint handling roughly 20% of global oil trade, with direct consequences for
2mo ago · 1 min · Global Affairs
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