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Fuel tankers regain access to Irish oil refinery after police clear protesters
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Trump signals tankers headed to US to load up ‘sweetest’ oil: ‘We are waiting for you’
President Trump said Saturday morning that “massive numbers” of empty tankers are headed to the U.S. to stock up on oil and gas, as Iran continues to restrict movement in the Strait of Hormuz. “Massive numbers of completely empty oil tankers, some of the largest anywhere in the World, are heading, right now, to the…
The IMF Meetings Were Supposed to Be About Trade. Then Came the Iran War.
The IMF and World Bank meetings were supposed to be about trade and growth. Instead, the war in Iran has forced finance ministers and central bankers to confront a potential global economic crisis. Chrystia Freeland, former Deputy Prime Minister and Finance Minister of Canada, explains why this moment may mark the end of the U.S.-led international order that has kept the world stable since World War II. (Source: Bloomberg)
Mediation ecosystem as a strategic asset for investor confidence
Capital is not merely attracted by opportunity; it is secured by certainty. Pakistan's courts carry approximately 2.22 million pending cases, with civil and commercial matters comprising over 82% of the district court backlog. The average commercial case takes more than a decade to reach finality. Tied-up capital, unenforceable contracts and unpredictable timelines raise risk premiums and suppress investment. Delayed justice is, in structural terms, an economic security deficit. The link be...
Underutilised funds
Public money, meant to build roads, schools, hospitals and livelihoods, is once again sitting idle. The latest data on the Public Sector Development Programme (PSDP) has revealed that funds allocated with political fanfare were spent with bureaucratic lethargy and selective urgency. In the first nine months of the current fiscal year, barely 41.5 per cent of the Rs1 trillion PSDP allocation was utilised. Even after a downward revision to Rs910 billion, spending rose only marginally to 45.6 per...
Trump claims tankers headed to US to load up on oil in early morning Truth Social rant
NewsWorldAmericasUS politicsTrump claims tankers headed to US to load up on oil in early morning Truth Social rantMike Bedigan in New York Saturday 11 April 2026 14:30 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,"articleId":"b2955817","articleMeta":{"url":"https://www.independe...
First Pakistan-bound container vessel reaches Karachi after Strait of Hormuz reopening
The vessel MV SELEN arrived at Karachi Port on Saturday, becoming the first Pakistan-bound vessel to do so following the reopening of the Strait of Hormuz after more than a month of disruption caused by conflict in the Middle East. In a statement, the Karachi Port Trust (KPT) said: “MV SELEN, operated by NLC (AP Line), has berthed at Karachi Port, marking the first Pakistan-bound container vessel arrival following recent disruptions in the Strait of Hormuz.” It added that the...
Semalka Customs Hike Claims Denied in Syria
Mazen Alloush, director of public relations at Syria’s General Authority for Land and Sea Ports, said reports circulating about higher customs duties on goods at the Semalka border crossing in al-Hasakah governorate, northeastern Syria, are “inaccurate to date.” He told Enab Baladi on Saturday, April 11, that conditions at the crossing remain unchanged and that no notable changes have been made so far. Work is currently underway to integrate the crossing into the General Authority for Land and S...
You’re paying taxes — why aren’t billionaires?
In California, roughly 200 billionaires collectively hold about $2 trillion in wealth. Yet much of that fortune goes virtually untouched by income taxes. Why? Because it isn’t treated as “income” at all.
Minnesota millionaire collects $6,000 worth of food stamps thanks to state's loophole
Rob Undersander, a retired engineer, said he applied in 2016 to test the system and was approved after receiving a domestic violence brochure that counted as a qualifying benefit. He collected payments for 19 months before donating the money.
"Oil Demand Is About To Spike... We're Looking At A Volatile Summer" Says Schork
Oil prices may have decreased, but with hundreds of millions of barrels having been taken off the market due to the Iran War, true relief is not quite on the horizon yet—even with a ceasefire in the region. The Schork Group's Co-Founder & Editor Stephen Schork joins Christina Ruffini and Tim Stenovec on Bloomberg This Weekend to discuss. Watch the show LIVE every Saturday and Sunday morning. (Source: Bloomberg)
Iran peace talks now underway as Trump says America is about to be 'loaded up with oil'... and mentions 'alternatives' to blockaded Strait of Hormuz
Iran peace talks now underway as Trump says America is about to be 'loaded up with oil'... and mentions 'alternatives' to blockaded Strait of HormuzBy ELINA SHIRAZI, US SENIOR POLITICAL REPORTER Published: 13:35, 11 April 2026 | Updated: 13:44, 11 April 2026 e-mail View comments
India-flagged LPG vessel Jag Vikram safely crosses Strait of Hormuz
New Delhi: The Government on Saturday said, in a routine briefing, that the India-flagged LPG vessel Jag Vikram has safely crossed the Strait of Hormuz, even as authorities continue to closely monitor maritime operations amid heightened tensions in the Gulf region.The vessel -- carrying around 20,400 metric tonnes of LPG with 24 seafarers onboard -- is expected to reach Mumbai on April 15, the Ministry of Ports, Shipping and Waterways said.Get updated faster and for FREE: Download the Gulf News ...
India raises export duties on diesel, aviation turbine fuel
India has further raised a windfall tax on exports of diesel and aviation turbine fuel it imposed last month to ensure adequate domestic supply. In a government notification on Saturday, India’s finance ministry increased the tax on diesel exports to 55.5 rupees per litre from 21.5 rupees per litre, and on exports of aviation turbine fuel to 42 rupees per litre from 29.5 rupees per litre, effective immediately. India also last month cut excise duty on petrol and diesel by 10 rupees...
Zagora Launches MAD 624 Million Program to Revive Oasis Ecosystems
Rabat – A major development initiative targeting Morocco’s southern oases was launched on Friday in Zagora, with the signing of a partnership agreement worth approximately MAD 624 million aimed at restoring and upgrading oasis ecosystems across the province. The agreement was signed during the opening of the first National Oasis Forum, held from April 9 to 12, under the supervision of Ahmed El Bouari and Zagora governor Mohamed Alami Ouaddane. The initiative aligns with national priorities, emph...
The Choke Point That Could Break the Global Economy
The war with Iran has already cost lives, billions of dollars, and shaken the foundations of the global economy and the worst may be yet to come. Afsaneh Beschloss of RockCreek tells us why Russia and Iran are the unexpected winners at the Strait of Hormuz, and why a prolonged conflict could force the Fed to hike rates instead of cut. Steven Cook of the Council on Foreign Relations explains why the Gulf states didn't see Iran's attacks coming and why Saudi-Israeli normalization may now be furthe...
Inside NHL in ASL's partnership with Blues, Jake Neighbours for groundbreaking local broadcast
Hockey is one of the most popular sports in the world, in part because of its distinctive sounds: sharp skates digging into the ice, big hits into the boards, goal horns blaring and fan reaction at lofty decibels.For the deaf community, though, there’s no way to experience those adrenaline rushes other than through the images of the game. Signed interpretations of the announcers and closed captions can only convey so much.Brice Christianson is trying to change that.Advertisement
Why the Philippines is shifting focus from remittances to diaspora engagement
Dubai: The Philippines is redefining its approach to the 10.7 million Filipinos living abroad. Historically reliant on remittances, the country is now turning to its diaspora as “permanent strategic partners” for long-term development. The Commission on Filipinos Overseas (CFO) has shifted the agency’s focus to harness the skills, networks, and investments of Filipinos abroad, moving past financial contributions alone.Get updated faster and for FREE: Download the Gulf News app now - simply ...
Libya signs 1st unified state budget in 13 years
Libya’s two rival legislative bodies have signed the divided country’s first unified state budget in more than a decade, the central bank said on...
اموال زهرا قنبری و مسعود شجاعی مصادره شد
رسانههای حکومتی با انتشار فهرستی از چهرههای ایرانی مخالف جمهوری اسلامی خبر دادهاند که اموال زهرا قنبری، کاپیتان تیم ملی فوتبال زنان و مسعود شجاعی، کاپیتان پیشین تیم ملی ایران هم مصادره شده است. زهرا قنبری به دلیل تهدیدهای امنیتی علیه مادرش، از پناهندگی در استرالیا منصرف شد.