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Inflation will likely remain a headache even if the rate of price increases slowed in June.
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Gulf producers are increasingly relying on alternative routes to keep crude moving as shipping disruptions expose the risks of depending on the Strait of Hormuz.
South Korea will test tokenized government bonds linked to the Bank of Korea’s wholesale CBDC system in 2027 as token securities rules take effect.
India registered a strong protest against continued attacks on vessels carrying Indian seafarers. Two vessels, MT Al Bahiyah and MT Mombasa, were attacked in the Strait of Hormuz. One Indian national tragically lost his life while others sustained injuries during the attacks.