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Oil prices dive on Hormuz reopening

Washington, April 17 (IANS) Global oil prices plunged sharply on Friday after Iran announced that the Strait of Hormuz was “completely open” to commercial shipping during a ceasefire period, easing fears of prolonged supply disruption in one of the world’s most critical energy corridors. According to ‘The Wall Street Journal’, oil prices “plunged around 10 […]

Japanese destroyer sails through Taiwan Strait, China lodges strong protest

Tokyo, April 17 (IANS) The Japanese Maritime Self-Defence Force destroyer J S Ikazuchi sailed through Taiwan Strait on Friday, the country’s media reported. According to Japan’s leading Kyodo news agency, Tokyo had long refrained from sending MSDF vessels through the strait to avoid provoking Beijing, until September 2024 when the destroyer Sazanami became the first […]

US targets China in missile defence push

Washington, April 17 (IANS) China emerged as the central strategic focus of a high-stakes US congressional hearing on missile defence, with defence officials warning that Beijing’s expanding capabilities are driving a major overhaul of America’s homeland security architecture.​ Senior Pentagon officials repeatedly identified China as the primary long-term challenge shaping the proposed “Golden Dome” missile […]

China’s military rise alarms US intel chiefs​

Washington, April 17 (IANS) China’s rapid military expansion and technological advances dominated a US Congressional hearing, with top intelligence officials warning that Beijing is accelerating capabilities across all domains to challenge American power.​ Lawmakers were told that China remains the foremost strategic concern, with its military modernisation unfolding at an “alarming pace”.​ Lieutenant General James […]

US pushes managed trade with China: Greer​

Washington, April 17 (IANS) The United States is seeking a “managed” and more balanced trade relationship with China, with US Trade Representative Jamieson Greer telling lawmakers that Washington aims to reduce dependence on Beijing while avoiding escalation between the two economic powers.​ Testifying before a congressional panel, Greer said the Trump administration’s tariff strategy has […]

Tariff barriers in India under focus in ongoing talks: Top US official

Washington, April 17 (IANS) The United States has identified tariff barriers in India as a key priority in ongoing trade negotiations, with US Trade Representative Jamieson Greer telling lawmakers that Washington is pressing for improved market access for American exports. Speaking at a congressional hearing on the fiscal 2027 budget for his office, Greer said […]