General

Only Eight Ships A Day Pass Strait Of Hormuz Despite Ceasefire

Strait of hormuz: Shipping through the Strait of Hormuz, a vital artery for global trade, remains severely disrupted despite a halt in mutual attacks between the United States and Iran, reported German news agency dpa.

According to Nam News Network,…

Russia Sells Gold Reserves to Offset Budget Deficit

Moscow: Russia has sold significant volumes of its gold reserves so far in 2026 as the Kremlin seeks to raise cash to offset a big budget deficit. The Russian Central Bank announced recently that its gold reserves stood at 73.4 million troy ounces, or…