Energy security measures could offset up to 70% of Hormuz oil flows in future disruption: McKinsey

The Hindu Business Line - Sep 29, 2026

‘The current energy system has so far absorbed much of the disruption through temporary buffers, bypass pipelines and changes in global trade flows’

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Sep 29, 2026

Mediators working to broker US-Iran deal, but major hurdles remain

CAIRO — Mediators are working with Iran and the United States on trying to broker a deal to end the fighting and open the Strait of Hormuz , three regional officials and two U.S. officials told The Associated Press, but major hurdles remain between the sides. The indirect talks come as the conflict, which is entering its eighth month, has caused global economic damage and badly battered Iran. Multiple efforts to allow safe shipping on one of the world’s most crucial waterways have failed. The officials divulged that the behind-the-scenes efforts continue even after U.S. President Donald Trump initially said he spurned an Iranian proposal to reopen the strait in a week if the U.S. agreed to lift its blockade of Iranian ports, release frozen Iranian assets and waive sanctions on Iranian oil sales, among other conditions. Iranian Foreign Minister Abbas Araghchi — who stayed in New York after last week’s gathering of world leaders at the U.N. General Assembly — will meet with Qatari mediators Monday about the latest discussions, Iranian state media reported Foreign Ministry spokes

Sep 29, 2026

Airstrike near a market in Myanmar's Rakhine state kills 49 people

BANGKOK — An airstrike carried out by Myanmar’s military near a market in territory controlled by a powerful rebel group killed at least 49 people and wounded 58 others on Monday, the group and a rescue official said. The attack in western Rakhine state was the latest in a series of deadly airstrikes against pro-democracy resistance forces and ethnic armed groups across the country. Myanmar has been in turmoil since the military seized power from the elected government of Aung San Suu Kyi on Feb. 1, 2021, triggering widespread opposition. After security forces suppressed peaceful protests with lethal force, many opponents of military rule took up arms, plunging large parts of the country into conflict. Monday’s attack occurred in Kyauktaw township, about 340 kilometers (210 miles) west of Mandalay, the country’s second-largest city, according to the Arakan Army , a powerful ethnic armed group based in Rakhine which controls Kyauktaw. It was impossible to independently confirm details of the attack. The Arakan Army said in a statement released early Tuesday that a fighter jet dropp

Cross-Border Terror Concerns, If Not Fully Understood, Impact Our Ties: Jaishankar On India-US Relations

Sep 29, 2026

Energy security measures could offset up to 70% of Hormuz oil flows in future disruption: McKinsey

More News

Mediators working to broker US-Iran deal, but major hurdles remain

Airstrike near a market in Myanmar's Rakhine state kills 49 people

Cross-Border Terror Concerns, If Not Fully Understood, Impact Our Ties: Jaishankar On India-US Relations

Energy security measures could offset up to 70% of Hormuz oil flows in future disruption: McKinsey

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