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The Business Standard

Tuesday
May 05, 2026

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TUESDAY, MAY 05, 2026

Iran Crisis

Iran Crisis

Illustration: Ashrafun Naher Ananna/TBS Creative

Asia battles rising, uneven toll of energy crisis caused by Iran war

The disruption spurred the Asian Development Bank to cut its growth forecast for developing Asia and the Pacific to 4.7% this year and 4.8% in 2027, down from 5.1% for both years previously, and...

A woman walks past an anti-US billboard depicting US President Donald Trump and the Strait of Hormuz, in Tehran, Iran, 2 May 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS

US intelligence indicates limited new damage to Iran's nuclear programme: Sources

Barack Obama, shown here speaking at the Glasgow climate summit in 2022, is up for his third Grammy at the 2022. Photo: BSS/AFP

Netanyahu used same Iran pitch on Trump as he did on him, Obama tells The New Yorker

A man holds a flag with a picture of late leader of the Islamic Revolution Ayatollah Ruhollah Khomeini, late Supreme Leader of Iran Ayatollah Ali Khamenei and Iran's new Supreme Leader Mojtaba Khamenei, during a rally in Tehran, Iran, April 29, 2026. Photo: Majid Asgaripour/WANA (West Asia News Agency) via REUTERS/File Photo

US intelligence indicates limited new damage to Iran's nuclear programme: Sources

Photo: Collected

US and Iran launch new attacks as they wrestle for control of Gulf waters

A US Marine from the amphibious assault ship USS Tripoli rappels onto the Iranian-flagged cargo ship M/V Touska, in what the US Central Command (CENTCOM) says is an operation to board and seize the cargo ship, in this screen grab taken from a handout video released on April 20, 2026. Photo: US Central Command via X/Handout via REUTERS

US evacuates 22 crew members on seized Iranian ship to Pakistan

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. Photo: REUTERS/Benoit Tessier/File Photo

Oil rises as US-Iran deal remains elusive

Ships and boats in the Strait of Hormuz, Musandam, Oman, April 22, 2026. REUTERS/Stringer

Iran military says US forces will be attacked if they enter Strait of Hormuz

Birds fly near a boat in the Strait of Hormuz amid the US-Israeli conflict with Iran, as seen from Musandam, Oman, March 2, 2026. Photo: Reuters

Iran warns of ceasefire violation as US plans to escort Hormuz ships

A drone view of a pump jack and drilling rig south of Midland, Texas, US June 11, 2025. Photo: REUTERS

Oil slips after Trump says US will help free ships stranded in Strait of Hormuz

File photo of US President Donald Trump. Photo: Collected

Trump calls Iran talks 'very positive,' US to 'guide' ships through Hormuz

Last Eid, while most were bound for home or familiar gatherings, these Bangladeshi mariners aboard MV Happy Forever found themselves anchored in uncertainty – held back not by distance alone, but by the tightening knots of war, port restrictions, and stalled visas somewhere around the Hormuz Strait. Photo: Collected

Hormuz crisis leaves Bangladeshi mariners stranded, contracts expire at sea

US President Donald Trump leaves following a press conference in the James S. Brady Press Briefing Room at the White House in Washington, DC, US, April 6, 2026. Photo: REUTERS/Evan Vucci

US reviews Iran’s 14-point peace plan amid Hormuz tensions

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