Iran’s Foreign Minister Abbas Araghchi warned on Sunday that any attempt to bypass the Strait of Hormuz routes agreed with the United States would “increase tensions” in the Middle East, as the countries traded attacks and accusations of violating a fragile ceasefire in the region. Araghchi’s warning came after the US military said it carried out new strikes on early Sunday on multiple targets in Iran, in response to a fresh attack on a ship transiting the Strait of Hormuz. Tehran responded by launching strikes against US bases in Bahrain and Kuwait. The exchanges underscored the fragility of a Pakistan-brokered interim peace deal aimed at ending a war launched by the United States and Israel on February 28, which disrupted shipping through the Strait of Hormuz and rattled global energy markets. “Any attempt to adopt new or separate arrangements compared to what is underway by the Islamic Republic of Iran, will only lead to more complicated situations and delays in the reopening of the Strait of Hormuz, and w...
Iranians woke early on Saturday to watch the men’s national football team face Egypt, riding an emotional rollercoaster as Iran fought back to draw but missed the chance to directly qualify for the World Cup’s last 32. But all is not lost for Team Melli after the 1-1 draw. Depending on the results in other groups, the Iranians could still reach the knockout stage for the first time in their history. Iran had a troubled buildup to the World Cup due to the war in the Middle East, which broke out in late February with US-Israeli strikes on Tehran. The team has also faced the strain of considerable visa and travel restrictions in the United States, which is co-hosting the 2026 tournament with Mexico and Canada. “It was a good game, even though they were unable to prepare properly,” said Iranian football fan Amin. “I wish they’d played the whole game like the last five minutes,” when Iran was on the attack, the 33-year-old car dealer told AFP. Fans in Tehran watched a broadcast of the match in a packed hall dotted...
The Karachi Gateway Terminal Ltd (KGTL) is planning up to $100 million in new investment within five years as Pakistan tries to cut freight costs and turn a cargo surge triggered by the Iran war into longer-term regional shipping gains. KGTL, backed by Abu Dhabi Ports Group, has already completed a $60m dredging project at Karachi Port and is expanding container and bulk-handling facilities, Chief Executive Officer (CEO) Khurram Aziz Khan told Reuters in an interview. “We are targeting another $75 million to $100 million” within five years, Khan said, adding that the next phase would focus on expanding the container terminal, enhancing yard capacity, larger ship and yard cranes, dedicated bulk export infrastructure, silos, warehouses and automated conveying. Khurram Aziz Khan, CEO of Karachi Gateway Terminal Limited (KGTL) and Karachi Gateway Terminal Multipurpose Limited (KGTML), speaks during a Reuters interview in Karachi on June 23, 2026. — Reuters KGTL is also exploring investment in rail freight, includ...