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According to Lebanese television station Al-Mayadeen, the Iranian Foreign Minister stated that Iran will respond decisively if Israel attacks Beirut.

2026-06-04

According to Lebanese television station Al-Mayadeen, the Iranian Foreign Minister stated that Iran will respond decisively if Israel attacks Beirut.

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2026-06-03

Hong Kong May S&P Global manufacturing PMI 50.4; prior 48.6.

Hong Kong May S&P Global manufacturing PMI 50.4; prior 48.6.
2026-06-03

Security in the Strait of Hormuz has deteriorated amid US‑Israel‑Iran fighting, prompting Danish shipping giant Maersk to suspend vessel transits and activate contingency plans, including land routing of cargo. Maersk’s chief commercial officer Carst

Security in the Strait of Hormuz has deteriorated amid US‑Israel‑Iran fighting, prompting Danish shipping giant Maersk to suspend vessel transits and activate contingency plans, including land routing of cargo. Maersk’s chief commercial officer Carsten Kildahl said the measures protect crew but are creating severe economic pressure: direct Gulf trades and other routes face higher costs from rerouting and rising fuel, with incremental expenses already exceeding $500m/month. The group cannot absorb the full burden and will pass some costs to customers, many of whom are also facing higher raw‑material prices. Industry contacts say higher transport and production costs may feed through to consumer prices.
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