World
Prime Minister Narendra Modi issued a sharp condemnation on May 5, 2026, after three Indian nationals were wounded in a high-stakes Iranian drone and missile barrage on the Fujairah Petroleum Industries Zone (FOIZ). The attack, which struck a critical bypass for global oil exports, marks a dangerous collapse of the fragile ceasefire in the Gulf. As Emirati air defenses intercepted 12 ballistic missiles and a fleet of drones, the Indian government labeled the targeting of civilian energy infrastructure as “unacceptable.” With the Strait of Hormuz effectively blockaded since February, New Delhi has signaled growing alarm over the safety of its expatriate workforce and the escalating maritime piracy threatening global energy stability.
In a landmark move for South Asia’s green energy landscape, the Royal Government of Bhutan and the World Bank signed financing agreements totaling $515 million on May 5, 2026, for the Dorjilung Hydropower Project. Situated on the Kurichhu River, the $1.7 billion initiative will be Bhutan’s largest hydropower plant developed under a public-private partnership, with Druk Green Power Corporation (60%) and Tata Power (40%) leading the venture. Designed to generate 4,500 GWh annually, the project will eliminate Bhutan’s winter energy shortages while exporting surplus power to India. The innovative financing model, which includes grants and concessional credits, is expected to catalyze an additional $900 million in private investment and displace 3.3 million tons of CO2 every year.
Relations between Washington and Tehran reached a new impasse on May 3, 2026, as President Donald Trump signaled deep skepticism over a fresh 14-point peace framework submitted via Pakistani mediators. Speaking from West Palm Beach, Trump argued that Iran had not yet “paid a big enough price,” even as the Strait of Hormuz remains effectively shuttered, stranding over 2,000 vessels and triggering the largest energy disruption since the 1970s. While Tehran’s proposal demands a total U.S. military withdrawal and reparations within 30 days, Washington continues to enforce a naval blockade that has sent Brent crude soaring past $120. With the OPEC+ alliance fractured by the UAE’s exit and global markets reeling from “double-digit” surges in jet fuel, the three-week fragile ceasefire now hangs by a thread.
In a development that has drawn international attention, authorities have identified a key figure behind New Zealand’s largest-ever drug seizure as the nephew of one of the assassins of former Prime Minister Indira Gandhi.
Inarguably, Paris is fashion capital of the world. Small wonder, it would emerge as a pioneer in thrift of an essential part of our everyday dress-up – footwear.
Iran has instructed employees of companies with ties to the United States and Israel to flee their workplaces immediately. The warning follows a series of devastating airstrikes on Iranian infrastructure, with Tehran vowing that its next move will move beyond a simple “eye for an eye” response.
Music is a great healer. The saying draws confirmation again and again; this time from Ramos Mejia Hospital in Buenos Aires where Parkinson patients loosen muscles
The global energy supply chain has been plunged into unprecedented chaos following Tehran’s strategic decision to effectively choke off the Strait of Hormuz. This narrow but vital shipping lane, which facilitates the passage of approximately 20% of the world’s total oil and Liquefied Natural Gas (LNG), has become the center of a high-stakes geopolitical standoff.
The five-day “energy truce” is hanging by a thread as Iran and the U.S. remain deadlocked over ceasefire terms. While Israel continues to dismantle Iran’s naval and submarine capabilities with surgical strikes in Tehran and Isfahan, the conflict has spilled over into Kuwait, where a major airport fuel hub was hit by drones. With the UN warning of a war that is “out of control,” the international community is now scrambling to prevent a total regional collapse.
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