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Strait of Hormuz crisis amid Iran war: Saudi’s Aramco CEO warns of ‘catastrophic consequences’ for oil markets

Saudi Arabia’s oil company Saudi Aramco, the world’s largest oil exporter, warned on Tuesday that the ongoing Iran war could have “catastrophic consequences” for global oil markets if shipping disruptions in the Strait of Hormuz continued.“There would be catastrophic consequences for the world’s oil markets and the longer the disruption goes on, the more drastic…

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IVF pushes 9 in 10 couples into catastrophic debt; study recommends PM-JAY cover Rs 81,332 per cycle | India News

NEW DELHI: Infertility treatment in India is driving an overwhelming financial crisis for families, with a new multi-centre study showing that nearly 90% of couples undergoing IVF are pushed into catastrophic expenditure—even in public hospitals. The analysis, conducted across five major institutions, highlights the scale of the burden at a time when infertility affects an…

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Hurricane Melissa: Jamaica braces for catastrophic storm; 7 dead across Caribbean – top developments

People abandon a car on an impassable street flooded by rains caused by Tropical Storm Melissa in Santo Domingo, Dominican Republic (AP image) Hurricane Melissa, a Category 5 storm, continued to strengthen on Tuesday as it moved toward Jamaica. Officials warned of catastrophic winds, floods and storm surges, calling it the worst hurricane to hit…

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Hurricane Melissa hits category 5: Strongest storm of 2025 nears Jamaica; Caribbean braces for catastrophic floods

Hurricane Melissa moving towards Jamaica (AP) Hurricane Melissa, now a Category 5 system and the strongest storm anywhere in the world this year, is barreling toward Jamaica with sustained winds nearing 280 km/h, threatening catastrophic flooding, landslides and coastal storm surges across the Caribbean. The US national hurricane center (NHC) said the storm, which underwent…

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Operation Sindoor: Navy was ‘action-ready’, says DGMO; warns it ‘could’ve been catastrophic for Pakistan’ | India News

Director General Military Operations Lt Gen Rajiv Ghai (left), and A fighter jet takes off from INS Vikrant. (ANI Photo) NEW DELHI: Lt Gen Rajiv Ghai, Director General Military Operations (DGMO) of the Army, said on Tuesday that the Indian Navy was fully prepared during Operation Sindoor and that any further hostilities by Pakistan could…

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