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The Hindu Businessline

World / The Hindu Businessline

ADB launches $70-bn push to connect Asia's power grids, digital networks

The bank announced two major programmes -- the Pan-Asia Power Grid Initiative and the Asia-Pacific Digital Highway -- with proposed investments of $50 billion and $20 billion, respectively

4 May 2026 9:15 am
US says Iran economy suffocating under sanctions, pressure campaign intensifies

With oil exports curtailed and infrastructure under stress, Iran faces a potential production crisis

4 May 2026 8:12 am
US launches Project Freedom to escort ships through Strait of Hormuz, warns Iran

The mission involves a significant US military deployment and comes amid heightened tensions that have disrupted oil supplies and driven up global energy prices.

4 May 2026 7:02 am
OPEC+ set to agree third oil output quota hike since Hormuz closure, sources say

The move is designed to show the group is ready to raise supplies once the war stops

3 May 2026 2:11 pm
Reviewing fresh Iran proposal, can resume strikes if they misbehave: Trump

The US President said he was looking at the new proposal sent by Iran on the plane and would talk to the media in Miami

3 May 2026 8:51 am
India-linked tanker laden with cooking fuel attempts Hormuz exit

The Marshall Islands-flagged Sarv Shakti, carrying about 45,000 tons of LPG, moved north through the waterway past Irans Larak and Qeshm islands toward the Gulf of Oman on Saturday

2 May 2026 1:00 pm
What alternatives do Gulf states have to Strait of Hormuz?

Plans and projects to diversify away from Hormuz have been on drawing boards for decades, and those workarounds are now being stress-tested as never before

2 May 2026 10:10 am
Trump says Irans ceasefire 'terminated,' as war powers deadline arrives

In a letter to congressional leaders on Friday, the deadline to come to Congress about the war, Trump said there has been no exchange of fire with Iran since the ceasefire

2 May 2026 9:10 am
Strait of Hormuz traffic drops by over 90%, fewer than 10 ships daily amid West Asia tensions

UKMTO has reported over 40 incidents between March 1 and April 27, including attacks, vessel damage, harassment, and near-misses involving merchant ships navigating the region

1 May 2026 3:59 pm
No relief for India as US retains it on IP Priority Watch List

USTR Section 301 report on IP cites concerns over potential threat of patent revocations; pharma sector remains a focus area

1 May 2026 10:46 am