Greece’s shipping minister warns that any closure of the Strait of Hormuz due to rising tensions between Iran and Israel would have serious global economic consequences.
Greece’s shipping minister warned Friday that closing the Strait of Hormuz would severely impact the global economy, as tensions rise in the Middle East.
“If the Strait of Hormuz is closed – which is the worst-case scenario – it will affect the entire global economy, not just shipping,” Vassilis Kikilias told SKAI TV.
He stressed that nearly 90% of global trade relies on maritime routes, and rerouting ships around Africa would create major disruptions to supply chains.
Kikilias called the current global situation “very volatile,” noting that oil prices have already surged 7–10% in recent days due to escalating conflict between Iran and Israel.
As fighting intensifies, Iran has warned it could shut the Strait of Hormuz — one of the world’s most vital oil transit chokepoints — in retaliation for U.S. involvement in its conflict with Israel.
In September 2025, a group of polar bears was seen inhabiting an abandoned Soviet polar research station on Kolyuchin Island in the Chukchi Sea. The s...
On Friday evening, a man in his 50s has died and seven others were treated after a suspected carbon monoxide leak at a takeaway restaurant in Bloxwich...
Israeli airstrikes and gunfire have killed at least 59 Palestinians across Gaza, including families in the Nuseirat refugee camp and displaced individ...
Britain will back Jaguar Land Rover with a £1.5 billion loan guarantee to shore up its supply chain after the luxury carmaker’s production was halt...
Russian Foreign Minister Sergei Lavrov told the U.N. on Saturday that any aggression against Russia would be met with a “decisive response,” as re...
In September 2025, a group of polar bears was seen inhabiting an abandoned Soviet polar research station on Kolyuchin Island in the Chukchi Sea. The station, deserted for over 30 years, now offers shelter from Arctic weather for the bears.
On Friday evening, a man in his 50s has died and seven others were treated after a suspected carbon monoxide leak at a takeaway restaurant in Bloxwich, Walsall.
Israeli airstrikes and gunfire have killed at least 59 Palestinians across Gaza, including families in the Nuseirat refugee camp and displaced individuals in tents, as reported by Gaza hospitals.
Britain will back Jaguar Land Rover with a £1.5 billion loan guarantee to shore up its supply chain after the luxury carmaker’s production was halted by a cyberattack. The guarantee, underpinned by UK Export Finance, aims to prevent supplier collapse.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
NATO has announced reinforcements to its Baltic Sea mission, including an air-defence frigate, after unidentified drones entered Danish airspace near key sites.
The Huajiang Grand Canyon Bridge in southwest China's Guizhou Province will open on Sunday, officially becoming the tallest bridge in the world.
Argentina is in shock after three young women were abducted, tortured, and murdered by a drug cartel, with the entire ordeal livestreamed on Instagram.
Kim Jong Un has called for constant strengthening of North Korea’s “nuclear shield and sword,” framing it as the foundation of sovereignty, security, and development.
At the Labour Party’s annual conference in Liverpool, Housing Secretary Steve Reed is set to announce a plan to build 12 new towns across England.
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