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Asian Markets React to Rising Oil Prices Amid Iran Conflict

Asian Markets React to Rising Oil Prices Amid Iran Conflict

Asian Markets React to Rising Oil Prices Amid Iran Conflict

North Korea working on carbon-fibre ICBM for multi-warhead delivery, Seoul says

North Korea working on carbon-fibre ICBM for multi-warhead delivery, Seoul says

SEOUL, April 6 (Reuters) - North Korea's test of a solid-fuel rocket engine is intended for intercontinental ballistic missiles (ICBM) built with carbon fibre to extend range and allow for delivery of heavier and possibly multiple warheads, South Korean lawmakers said on Monday.

Almonty Industries Gains Institutional Support Amid Tungsten Market Shifts

Almonty Industries Gains Institutional Support Amid Tungsten Market Shifts

Almonty Industries Gains Institutional Support Amid Tungsten Market Shifts

Asian shares mostly gain as focus turns to a deadline issued by President Trump on Iran

Asian shares mostly gain as focus turns to a deadline issued by President Trump on Iran

Asian markets that are open for trading are mostly rising as investors continue to closely watch the war in Iran, oil prices and what U.S. President Donald Trump might say next

French and South Korean leaders say they'll work together on the Strait of Hormuz

French and South Korean leaders say they'll work together on the Strait of Hormuz

French President Emmanuel Macron and his South Korean counterpart Lee Jae Myung say they have agreed to work together to help reopen the Strait of Hormuz

French and South Korean Leaders Collaborate to Address Strait of Hormuz Crisis

French and South Korean Leaders Collaborate to Address Strait of Hormuz Crisis

French President Emmanuel Macron and South Korean President Lee Jae Myung have agreed to collaborate on efforts to reopen the Strait of Hormuz, a critical waterway for global oil transport, amid ongoing tensions in the Middle East. The leaders met in Seoul, where they discussed the strategic importance of the strait and the need to stabilize the region. This meeting comes as President Trump criticized allies for not supporting U.S. and Israeli actions against Iran. Macron emphasized the role of France and South Korea in easing the crisis, while Lee highlighted their commitment to ensuring safe passage through the strait. The two countries also signed agreements to cooperate on nuclear fuel supply chains and renewable energy projects.

The Latest: Iran launches missiles at Israel and Gulf states as explosions hit Tehran

The Latest: Iran launches missiles at Israel and Gulf states as explosions hit Tehran

Iran's missiles have hit a refinery and damaged a desalination plant in Kuwait as Israeli and U.S. strikes continue against Iran

South Korea and France Enhance Defense Cooperation Amid Middle East Tensions

South Korea and France Enhance Defense Cooperation Amid Middle East Tensions

South Korean President Lee Jae Myung and French President Emmanuel Macron have agreed to deepen defense cooperation in response to the ongoing conflict in the Middle East. During Macron's state visit to South Korea, the leaders discussed strategies to address the economic and energy crises resulting from the war in Iran. The closure of the Strait of Hormuz by Iran has significantly impacted energy imports, raising global energy prices and fears of a recession. Both countries, being major arms manufacturers, aim to bolster their defense ties and ensure energy security by securing safe maritime transport routes.

Hyundai Motor flags export disruptions as Middle East conflict hits shipping

Hyundai Motor flags export disruptions as Middle East conflict hits shipping

By Daewoung Kim PYEONGTAEK, South Korea, April 3 (Reuters) - Hyundai Motor said on Friday that exports to Europe and North Africa, which typically transit through the Middle East, were being disrupted by the conflict in the region, underscoring growing strains on global supply chains.

France and South Korea Collaborate to Reopen Strait of Hormuz Amid Tensions

France and South Korea Collaborate to Reopen Strait of Hormuz Amid Tensions

French President Emmanuel Macron and South Korean President Lee Jae-myung have agreed to collaborate on reopening the Strait of Hormuz, a critical shipping lane for global oil supplies. The agreement comes amid heightened tensions due to the ongoing conflict involving Iran. The leaders emphasized the importance of stabilizing the Middle East and ensuring safe passage through the strait. The meeting also resulted in agreements to expand cooperation in technology, energy, and other sectors. Meanwhile, Iran has warned the UN Security Council against any provocative actions, complicating efforts to secure the strait.

The Latest: Iran and US receive proposal for 45-day ceasefire and reopening of Strait of Hormuz

The Latest: Iran and US receive proposal for 45-day ceasefire and reopening of Strait of Hormuz

Iran and the United States reportedly have received a draft proposal calling for a 45-day ceasefire and the reopening of the Strait of Hormuz

SUM Air Expands Fleet with Order of Four ATR 72-600s

SUM Air Expands Fleet with Order of Four ATR 72-600s

SUM Air Expands Fleet with Order of Four ATR 72-600s