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Iran-US Standoff over Hormuz; Middle East Conflict Pushes India’s Trade Deficit Higher

Iran-US Standoff over Hormuz; Middle East Conflict Pushes India’s Trade Deficit Higher

Season 2 Episode 287 Published 2 months, 2 weeks ago
Description

Headline news for August 14, 2026: The United States said it could keep its naval blockade of Iran in place indefinitely, as ceasefire talks stall and tensions across the region continue to rise. India’s trade deficit widened more than expected in July, as the Middle East conflict pushed up oil and freight costs, increasing the country’s import bill. Workers’ Party chief Pritam Singh has been struck off the rolls after a disciplinary hearing before Singapore’s Court of Three Judges.

Synopsis: A round up of global headlines to start your day by The Business Times. 

Written by: Nicole Teo (nicolet@sph.com.sg)

Produced and edited by: Claressa Monteiro or Nicole Teo

Produced by: BT Podcasts, The Business Times, SPH Media

Produced with AI text-to-speech capabilities

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