Strait of Hormuz

ECONEWS – In this exclusive interview with Tehran Times, Tuomas Malinen, Finnish economist, CEO of GnS Economics, and associate professor of economics at the University of Helsinki, examines the global economic consequences of the recent Israel–U.S. attack on Iran. Known for his work on financial instability and macroeconomic cycles, Malinen argues that the escalation represents a systemic shock extending far beyond the West Asia. He highlights rising risks in energy markets, supply chains, inflation, and sovereign debt stability. According to him, prolonged instability in the Persian Gulf region, a key energy and geopolitical hub, could intensify global uncertainty and weaken already fragile economic growth prospects worldwide.

ECONEWS – Iran has firmly asserted its military authority over the Strait of Hormuz after US President Donald Trump launched “Project Freedom,” a campaign aimed at escorting merchant vessels through the strategic waterway. The move underscores Iran’s determination to maintain full control over one of the world’s most critical maritime chokepoints and to respond decisively to foreign encroachment in the wake of the joint US-Israeli war that initially began in late February.

ECONEWS – The US military approach toward Iran is once again escalating tensions in the Persian Gulf region, as the United Arab Emirates reports attacks on its territory.

ECONEWS – The current Syrian administration is not seeking political or military alliances as much as it is pursuing economic partnerships to ensure its survival within an increasingly complex region.

The current Syrian administration is not seeking political or military alliances as much as it is pursuing economic partnerships to ensure its survival within an increasingly complex region.

ECONEWS – The United Kingdom Maritime Trade Operations (UKMTO) Centre said it had received a report of an incident 11 nautical miles west of Sirik in Iranian waters Sunday.