live U.S.-Iran standoff continues as Hormuz shipping and diplomacy remain uncertain
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to res...
The government of Bangladesh has ordered tax and customs officials to immediately end a two-day nationwide strike that has paralysed tax operations, including customs services at the country’s key trade gateway, Chittagong Port.
In an official statement, the interim government warned that failure to return to work would prompt “strict measures” to safeguard national interests and economic stability, though no specifics were provided. Authorities emphasised that import and export activities must continue without disruption and classified all National Board of Revenue (NBR) positions as essential services.
The strike follows a May 12 government directive dissolving the NBR and replacing it with new revenue divisions aimed at modernising operations, eliminating redundancies, and increasing efficiency. However, many employees view the reforms as a threat to job security and institutional autonomy. They are calling for changes to the restructuring plan and demanding the resignation of the NBR chairman. A complete shutdown began Saturday to press these demands.
Business leaders have expressed alarm, cautioning that a prolonged standoff could destabilise supply chains, hinder tax collection, and further erode investor confidence in an already fragile economic climate.
The protests add to mounting challenges for the transitional administration of Muhammad Yunus, who took office after widespread student protests forced former Prime Minister Sheikh Hasina to flee to India.
The collective-defence agreement between Türkiye, Saudi Arabia and Pakistan signals that regional powers no longer want to rely solely on external security guarantees. Whether it becomes a stabilising deterrent or another axis of rivalry remains unresolved.
Shipping through the Strait of Hormuz has slowed, according to the latest data, as uncertainty over the waterway’s reopening kept most shipowners away. Six commodity vessels crossed the strait on Tuesday, down from nine the day before and below the 10-day daily average of 11.
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
Iran has said the Strait of Hormuz will remain closed until the U.S. fulfils the terms of an interim deal, including lifting the maritime blockade and sanctions and releasing Iran’s frozen assets.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 19th of August, covering the latest developments.
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
Kazakhstan will vote on 23 August in its first parliamentary election under the new Constitution, choosing 145 members of the new Kurultai under a fundamentally changed electoral system based entirely on party lists.
Five years after Evergrande's debt crisis rattled global markets, founder Hui Ka Yan has been sentenced to life in prison, marking a dramatic new chapter in the downfall of China's former property giant.
South Korea estimates North Korea possesses between 80 and 120 nuclear warheads, its defence minister said on Thursday, citing a range significantly higher than U.S. President Donald Trump's recent assertion that Pyongyang has 57 nuclear weapons.
Russian ballistic missile strikes on Ukraine’s capital Kyiv has killed at least sixteen people and injured more than forty others, Ukrainian officials said, with fires reported across the city and Poland activating defensive air operations.
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