Shibbir Ahmed, New York — Disruptions to shipping through the Strait of Hormuz are beginning to affect agricultural harvests, raising concerns about lower crop yields and higher food prices, according to a United Nations agency.

The warning highlights how instability around one of the world’s most strategically important maritime routes can extend beyond energy markets and affect global food supplies. The Strait of Hormuz is a critical passage for international trade, and prolonged shipping disruptions can increase costs and delay the movement of essential commodities.

Agriculture is particularly vulnerable when disruptions affect the availability and transportation of key inputs, including fuel and fertilizer. Higher costs and delays can put pressure on farmers during important stages of the growing season, potentially reducing yields and increasing production expenses.

If these pressures persist, the consequences could reach consumers through higher prices for food and other agricultural products. Countries that rely heavily on imported agricultural inputs or food supplies may face particular challenges.

The warning comes amid wider concerns about the economic consequences of conflict and shipping insecurity in the Middle East. While the immediate effects may vary by region and crop, prolonged disruption could add to existing pressures on food affordability and supply chains.

The UN agency’s assessment underscores the connection between maritime security, agricultural production and global food prices, highlighting the need to protect trade routes and limit further disruption to essential supplies.

DUBAI — Gulf stock markets declined on Thursday as Yemen’s Houthi rebels threatened further attacks on Saudi Arabia, intensifying concerns about regional security, energy infrastructure and disruptions to shipping. Saudi Arabia’s benchmark stock index fell 0.6%, marking its sixth consecutive weekly decline, while shares of state-owned oil giant Saudi Aramco also dropped 0.6%, according to Reuters.

The latest threats followed an attack that damaged Saudi Aramco’s headquarters in Dhahran. The strike reportedly sparked a fire across several floors of an office building within the complex, raising concerns about the security of Saudi Arabia’s critical energy infrastructure.

The market downturn extended across the Gulf. Qatar’s benchmark index fell 1.2%, reaching its lowest level in more than six years. Dubai’s index declined 0.7%, while Abu Dhabi’s benchmark fell 0.4%. Oil prices also moved lower despite the escalating regional tensions. Brent crude futures dropped $2.28, or 2.2%, to $103.78 a barrel.

Investors remained concerned about maritime security after reports that two ships had sunk near the Strait of Hormuz after being struck by projectiles. The strategic waterway is a vital route for global oil shipments.

The International Monetary Fund has warned that a prolonged conflict and disruptions to energy supplies or shipping could have serious consequences for economies across the Middle East and Central Asia.

The latest market movements highlight the growing economic risks posed by the conflict, particularly for countries dependent on energy exports and regional trade. Further attacks on energy facilities or commercial shipping could deepen market volatility and increase uncertainty across global energy markets.

DUBAI — Iran is reviewing Washington’s response to its proposal to reopen the strategically important Strait of Hormuz and says it will communicate its position through intermediaries once the review is complete, as stalled negotiations and escalating Middle East tensions continue to threaten global energy security. Iranian Foreign Ministry spokesperson Esmaeil Baghaei said Monday that Tehran was still examining the US response and remained in contact with Washington through intermediaries. His remarks indicate that diplomatic channels remain open, although major disagreements over the conditions for reopening the waterway and resuming negotiations have yet to be resolved.

The diplomatic impasse comes as oil prices remain elevated amid attacks on shipping and Saudi infrastructure. The Strait of Hormuz is one of the world’s most important energy transit routes, connecting the Persian Gulf with international markets through the Gulf of Oman.

Iran submitted its proposal in mid-September as part of efforts to end the conflict and restore maritime traffic through the Strait of Hormuz. Baghaei said Tehran would send its response to Washington through intermediaries after completing its review. He did not provide a specific timeline for the decision.

Iran’s security leadership has argued that Washington’s response does not adequately address seven conditions Tehran has outlined for reopening the waterway and returning to negotiations.

A central disagreement concerns the order in which the two sides should address outstanding issues. Washington wants Iran’s nuclear programme included at the beginning of negotiations, while Tehran argues that reopening the strait and restoring maritime security should take priority. The disagreement has complicated diplomatic efforts despite continued exchanges of messages between the two sides.

The Strait of Hormuz is a narrow maritime passage linking the Persian Gulf to the Gulf of Oman and the Arabian Sea. Before the current conflict, approximately one-fifth of global oil and liquefied natural gas trade passed through the waterway.

Its importance extends well beyond the Middle East. Major energy-importing economies in Asia, as well as markets in Europe, depend on uninterrupted shipments of oil and natural gas from Gulf producers. Disruptions to the route can increase shipping costs, delay deliveries and create uncertainty for refiners, energy companies and governments planning fuel supplies.

The continuing confrontation has already affected maritime traffic and energy exports. Even a partial recovery in shipping would depend on vessels being able to transit the strait safely and consistently.

Energy markets have reacted to the latest developments in the Middle East, including attacks on Saudi Arabia and incidents involving commercial shipping. Brent crude futures rose to $106.76 a barrel on October 11, while US West Texas Intermediate crude reached $93.69, according to Reuters. Prices were supported by concerns about the security of Gulf energy infrastructure and maritime routes.

Higher oil prices can increase transportation and manufacturing costs, place pressure on household fuel bills and complicate efforts by central banks to control inflation. However, prices also depend on factors beyond the Strait of Hormuz, including global demand, available inventories, production decisions and developments in other oil-producing regions. The longer maritime uncertainty persists, the more difficult it becomes for energy markets to assess the reliability of supplies from the Gulf.

Qatar and Pakistan are among the countries involved in efforts to facilitate communication between Washington and Tehran. Their diplomatic role reflects wider regional concerns about the economic and security consequences of a prolonged confrontation. A negotiated arrangement could potentially restore maritime traffic while creating a framework for addressing other outstanding disputes.

The negotiations nevertheless face substantial obstacles. The United States and Iran disagree on the sequencing of discussions, the conditions for reopening the waterway and the broader issues that should be included in a settlement. Neither side has publicly confirmed a final agreement to resolve the current impasse.

The Hormuz negotiations are unfolding alongside a separate escalation involving Saudi Arabia and Yemen’s Iran-aligned Houthi movement. Recent attacks on Riyadh have disrupted aviation and heightened concerns about the security of civilian infrastructure. Saudi Arabia has been considering its military response, while Washington has weighed whether to become more directly involved in operations against the Houthis.

The overlapping crises are increasing pressure on regional governments to strengthen defenses and prevent further disruption to international trade. Although the Houthi conflict and the US-Iran negotiations are distinct issues, both affect regional stability and the security of important maritime routes. Iran has reiterated that dialogue should be used to resolve the dispute involving Saudi Arabia and the Houthis, while continuing to review Washington’s response to its Hormuz proposal.

The immediate question is whether Iran will formally respond to the US proposal and whether that response can restart substantive negotiations. A breakthrough could help restore confidence in maritime transport and reduce some of the uncertainty affecting oil markets. Failure to reach an understanding could prolong disruptions and increase pressure on governments, shipping companies and energy producers.

Even if an agreement on reopening the strait emerges, a lasting resolution would depend on implementation, reliable maritime security arrangements and progress on the wider issues dividing Washington and Tehran.

For now, Iran says its review is continuing, and no final agreement has been announced. The outcome of the negotiations could have significant consequences for Middle East security, international shipping and the stability of global energy supplies.

Shibbir Ahmed, Washington DC — US President Donald Trump has announced that the United States will not launch new military attacks on Iran before the November 3 midterm elections, citing what he described as productive discussions with Tehran. The announcement signals a temporary pause in the prospect of renewed US strikes as diplomatic efforts continue amid a prolonged regional conflict.

Trump made the announcement on Thursday, October 8, through a social media post, saying his administration was engaged in productive discussions with the Islamic Republic of Iran. His remarks come as the conflict continues to affect regional security, energy markets and international shipping routes.

The decision provides a clearer indication of Washington’s immediate military intentions, although it does not establish whether a longer-term agreement with Iran is within reach. Trump has previously left open the possibility of renewed military action after the elections.

Trump’s announcement follows weeks of uncertainty over whether Washington would resume military operations against Iran. The president has indicated that diplomatic engagement remains an option, even as his administration maintains pressure on Tehran.

In his statement, Trump said discussions with Iranian officials were productive and ruled out attacks before the midterm elections. However, the announcement did not confirm that a comprehensive peace agreement had been reached or that the two governments had resolved their central disagreements.

The United States and Iran have exchanged proposals aimed at ending the conflict and addressing regional security concerns. Negotiations have also involved the strategic Strait of Hormuz, a critical waterway for global oil shipments. The immediate challenge for diplomats will be to turn discussions into concrete commitments that can reduce hostilities and restore confidence in regional stability.

Although Trump has ruled out attacks before November 3, broader security concerns remain. Washington has continued to apply economic pressure on Iran, while military deployments and regional tensions have underscored the uncertainty surrounding the conflict.

The announcement should not be interpreted as confirmation that military action has been permanently ruled out. Trump has previously suggested that further escalation could remain an option after the elections, depending on developments. Iran’s response, the progress of negotiations and the actions of other regional actors will likely influence the next phase of the crisis.

For neighboring countries and US allies, the immediate priority remains preventing further escalation and protecting civilian infrastructure, maritime traffic and commercial aviation.

Energy markets responded to Trump’s comments as investors reassessed the likelihood of an immediate escalation. Oil prices declined on Friday following the announcement. Brent crude fell by $1.70 to $102.58 per barrel, while US West Texas Intermediate crude dropped by $1.08 to $90.41 per barrel in the reported trading session.

The movement reflects the sensitivity of global energy markets to developments involving Iran and the Strait of Hormuz. Any disruption to shipping through the waterway could affect crude supplies, transportation costs and energy prices internationally.

Nevertheless, a single announcement does not eliminate the risks facing oil markets. The duration of any price relief will depend on whether diplomatic progress continues and whether shipping and energy infrastructure remain secure.

The US midterm elections will determine control of Congress and are a significant political test for the Trump administration. Foreign policy, military spending, inflation and fuel prices have all become important considerations in the domestic political environment.

Trump’s announcement establishes a stated limit on military action before election day. However, the president has not ruled out all future military options, and the precise relationship between the electoral timetable and subsequent security decisions remains uncertain.

The administration must also weigh diplomatic objectives against the potential consequences of renewed conflict, including risks to US personnel, regional partners and the global economy. Attention will now turn to whether Washington and Tehran can make tangible progress in negotiations before the election deadline.

President Donald Trump’s decision not to launch attacks on Iran before the November 3 midterm elections marks an important development in US foreign policy and the wider Middle East crisis. His reference to productive discussions offers a potential opening for diplomacy, while the market reaction demonstrates the economic importance of developments involving Iran.

However, the announcement is not a peace agreement, and major security questions remain unresolved. The coming weeks will be critical in determining whether negotiations can produce lasting progress or whether the risk of renewed confrontation will persist beyond the election.

LONDON — Oil prices jumped sharply Thursday as attacks on commercial shipping in the Gulf and Strait of Hormuz intensified concerns about global energy supplies.

Brent crude futures rose about 4.5% to $104.75 a barrel, while U.S. West Texas Intermediate crude increased about 4.5% to $92.28, according to Reuters. Both benchmarks reached their highest levels in more than a week.

The latest price increase reflects a combination of geopolitical and supply concerns. Shipping attacks in the Gulf have increased, while uncertainty surrounding Iran and the security of the Strait of Hormuz has made traders increasingly concerned about the reliability of energy shipments.

The Strait is particularly important because it handled shipments equivalent to approximately 20% of global oil and fuel flows before the current conflict. Any prolonged reduction in traffic could have consequences well beyond the Middle East.

The latest attacks have also increased the cost and difficulty of moving energy products. Shipping companies are reassessing routes, while producers are looking for alternative ways to move oil and fuel to international markets.

At the same time, the United States is facing an additional supply concern because Hurricane Isaias is disrupting offshore oil and gas production in the Gulf of Mexico. Reuters reported that more than 25% of current U.S. Gulf oil production and more than 16% of natural-gas production had been shut in because of the storm as of Wednesday.

Major energy companies, including Shell and Chevron, have curtailed offshore operations as the hurricane approaches.

The International Energy Agency has also moved to accelerate the release of emergency oil stocks and prioritize diesel supplies as governments respond to high fuel prices and supply disruptions.

U.S. inventory data provided another source of upward pressure on prices. Crude inventories declined more than analysts had expected, while diesel inventories also fell.

The combination of Middle East tensions, shipping disruptions and reduced U.S. offshore production has created an unusually uncertain energy market.

For consumers, sustained increases in crude prices could eventually affect gasoline, diesel, airline and transportation costs. The extent of any impact will depend on how long shipping disruptions continue and whether alternative supply routes can compensate for reduced flows through the Gulf. Markets remain particularly sensitive to developments involving Iran and the Strait of Hormuz.

WASHINGTON DC — Tensions between the United States and Iran are intensifying as risks to commercial shipping in and around the Strait of Hormuz increase, raising fresh concerns about global energy supplies and maritime security.

Iran has warned regional countries that attempts to establish or use alternative oil-export routes could be considered hostile, according to regional officials briefed on Tehran’s position. The warnings come after a sharp increase in attacks and incidents involving commercial vessels in the Gulf and the Strait of Hormuz.

Reuters reported Thursday that tanker attacks last week reached their highest level since the current Iran war began. The increase has contributed to a significant decline in vessel traffic through the strategic waterway.

The latest reported incident involved the chemical tanker Acers, which was struck by multiple projectiles north of Qatar. Maritime authorities said members of the crew sustained minor injuries. The incident occurred outside the Strait itself but highlighted concerns that the maritime security threat could extend to approaches involving Qatar, Bahrain, Saudi Arabia, Kuwait and Iraq.

The Strait of Hormuz is one of the world’s most important energy corridors. Before the current conflict, shipments equivalent to roughly 20% of global oil and fuel flows passed through the waterway. Disruptions there can therefore affect not only countries in the Middle East but also energy prices, transportation costs and consumers worldwide.

The United States is considering additional measures toward Iran, while military activity and the security situation in the region continue to evolve. Reuters reported that U.S. naval and other options are under consideration as Washington weighs its response.

Oil-producing countries in the Gulf have been seeking alternative transportation arrangements, including routes that use the Omani side of the Strait before transferring shipments farther out in the Gulf of Oman.

The crisis is also affecting shipping companies. Higher risks and insurance and logistics costs are adding pressure to international trade, while companies are adjusting routes and fees in response to the uncertain security environment.

For Americans, the immediate concern is the potential economic impact. Prolonged disruption around Hormuz could place additional pressure on crude oil, gasoline, diesel and transportation prices.

The situation remains fluid, with governments and shipping operators closely monitoring developments across the Gulf.

Shibbir Ahmed, New York — United Nations Secretary-General António Guterres on Tuesday called for an end to the ongoing conflict between the United States and Iran, urging all parties to step back from confrontation and return to diplomatic negotiations as the crisis continues to disrupt vital trade routes across the Middle East.

Speaking at a joint press appearance in Islamabad with Pakistan’s Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar, Guterres issued a direct appeal to the parties involved in the conflict.

“End the conflict. Return to diplomacy,” Guterres said, calling at the same time for the full restoration of navigational rights and freedoms in accordance with international law.

His remarks came at the beginning of a two-day official visit to Pakistan, where the UN chief is expected to discuss regional security, diplomacy, humanitarian issues and climate change.

The current crisis began in late February following joint U.S. and Israeli strikes against Iran. Tehran responded with attacks against targets in Gulf countries and Jordan and moved to restrict transit through the Strait of Hormuz, one of the world’s most strategically important maritime passages.

The waterway is a major route for international shipments of crude oil, liquefied natural gas and other commodities. Disruptions in the strait have created significant uncertainty for global shipping and energy markets.

Guterres said hundreds of ships and their crews have been stuck at sea for months as a result of the continuing crisis. The disruption has raised concerns well beyond the region, with the security of international shipping and the uninterrupted movement of energy supplies becoming central issues in the conflict.

The conflict has also contributed to fighting along Yemen’s Red Sea coast. Iran-backed Houthi forces are engaged in fighting with Yemeni government troops supported by Saudi Arabia over control of the strategically important Bab al-Mandab Strait. The waterway is a critical maritime passage linking the Red Sea with the Gulf of Aden and the wider international shipping network. The developments have added another layer to an already complex regional crisis, with several strategic waterways now affected by military tensions.

Guterres used his visit to Pakistan to recognize Islamabad’s efforts to facilitate dialogue between Washington and Tehran. He praised Pakistan’s role in helping establish conditions for negotiations and pointed specifically to the June 17 Islamabad Memorandum of Understanding, the subsequent ceasefire and the framework created for further talks.

The UN secretary-general described Pakistan’s role as significant and said the country’s efforts demonstrated the importance of mediation and diplomacy at a time of increasing international division.

“Every Pakistani should be proud of that pivotal role,” Guterres said. He also praised Pakistan as a country that has continued to support multilateral diplomacy and international cooperation.

Guterres also addressed the broader Middle East crisis, saying lasting peace in the region cannot be achieved without addressing the political rights of the Palestinian people. He said the right of the Palestinian people to self-determination remains an important element of any long-term regional peace effort.

The UN chief expressed hope that the Middle East could move toward greater peace and prosperity through dialogue and cooperation. His comments come as the region continues to face overlapping conflicts and humanitarian challenges.

During his remarks, Guterres also highlighted Pakistan’s longstanding contribution to United Nations peacekeeping. He paid tribute to more than 180 Pakistani peacekeepers who have died while serving in UN missions around the world. Guterres also referred to a recent Security Council resolution led by Pakistan and Denmark that strengthens accountability for crimes against UN peacekeepers.

According to the secretary-general, the resolution received support from 153 countries, making it the most widely co-sponsored Security Council resolution in the organization’s history. He also acknowledged the heavy toll of terrorist attacks on Pakistan and expressed solidarity with those affected.

Pakistan’s role in hosting millions of Afghans displaced by conflict and instability was another issue raised during the visit. Guterres said the United Nations would continue working with Pakistan to ensure that the return of Afghan refugees is voluntary, safe and dignified.

The issue remains sensitive as Pakistan manages the long-term humanitarian and security consequences of decades of conflict in neighboring Afghanistan.

Guterres also used his visit to highlight Pakistan’s vulnerability to climate change. Recalling his previous visit to the country during the devastating 2022 floods, he said Pakistan remains on the front lines of climate-related disasters despite contributing only a small share of global greenhouse-gas emissions.

He praised Pakistan’s involvement in establishing the Loss and Damage Fund and highlighted the country’s efforts to expand clean energy. The UN chief again urged developed countries to take the lead in significantly reducing global emissions during the current decade.

Guterres’ appeal comes as the United States-Iran conflict continues to create security and economic risks across the Middle East. The disruption of major maritime routes, the expansion of fighting into neighboring areas and the potential impact on global energy and trade have increased pressure for a diplomatic solution. From Islamabad, the UN secretary-general made clear that his preferred path forward is negotiation rather than further escalation.

“End the conflict. Return to diplomacy,” he said.

For Pakistan, meanwhile, the visit provides an opportunity to reinforce its role as a diplomatic channel between major powers while emphasizing its broader concerns over regional stability, humanitarian protection and climate security.

Shibbir Ahmed, New York — Global food prices rose to their highest level in nearly four years in September, driven by transportation disruptions, adverse weather conditions and higher prices for several major food commodities, the United Nations Food and Agriculture Organization (FAO) said Friday. The FAO Food Price Index averaged 136.0 points in September, up 1.5 percent from August and 5.8 percent from a year earlier. The September reading was the highest since November 2022, according to FAO data.

FAO said disruptions affecting shipping through the Black Sea and Strait of Hormuz, combined with weather-related concerns, have put additional pressure on energy, transportation and agricultural commodity markets.

“We are seeing a persistent and increasingly broad based build up in global commodity prices,” FAO Chief Economist Maximo Torero said, citing shipping disruptions and climate-related shocks. He warned that if the pressures continue, they could eventually feed through to consumer food prices, particularly in countries dependent on imported food and energy.

Cereal prices rise sharply

The FAO Cereal Price Index increased 5.1 percent from August and was 17.2 percent higher than in September 2025. Global wheat prices rose 6.3 percent during September, reaching their highest level since August 2023. FAO attributed the increase partly to logistical constraints in the Black Sea region and dry weather in parts of North America ahead of winter wheat planting. Global maize prices climbed 5.6 percent from August, reflecting lower-than-expected U.S. yields, reduced export availability in Brazil and continued disruptions to Black Sea trade.

Sugar prices jump

Sugar was another major contributor to the September increase. The FAO Sugar Price Index rose 6.1 percent from August amid expectations of tighter global supplies during the 2026/27 season. FAO cited weaker production prospects in Thailand, below-normal rainfall in India, strengthening El Niño conditions, heavy rainfall in Brazil’s Centre-South region and reduced sugar-beet planting in the European Union.

Vegetable oil prices also increased, with the FAO Vegetable Oil Price Index rising 0.9 percent, mainly because of stronger palm oil prices and concerns about dry weather affecting production in Southeast Asia. Not all food commodities increased. The FAO Meat Price Index declined 1.1 percent, while the dairy index fell slightly by 0.1 percent.

Global cereal outlook

FAO forecasts global cereal production in 2026 at 2.979 billion tonnes, down 2.1 percent from 2025 but still the second-largest harvest on record. The agency also lowered its forecast for global cereal trade in 2026/27 by 3.5 percent from the previous year’s record level, citing constraints on wheat and maize exports, particularly because of Black Sea shipping disruptions.

FAO said strengthening El Niño conditions are adding further uncertainty to agricultural production, particularly rice production in South and Southeast Asia. The latest figures underscore the sensitivity of global food markets to weather conditions, shipping disruptions and geopolitical developments affecting major agricultural trade routes.

Shibbir Ahmed, New York — U.S. Secretary of State Marco Rubio ordered Iranian Foreign Minister Abbas Araghchi and his delegation to leave New York earlier than scheduled, according to two U.S. officials familiar with the matter, adding a new dimension to ongoing diplomatic tensions between Washington and Tehran. Iranian President Masoud Pezeshkian left New York last week after delivering his address to the United Nations General Assembly. Araghchi, however, remained in the city as efforts continued toward indirect discussions with the United States on reopening the Strait of Hormuz, ending the ongoing conflict and restarting negotiations over Iran’s nuclear program.

According to U.S. officials, weekend meetings involving Iranian and Qatari mediators produced little progress. Rubio subsequently instructed the Iranian delegation on Monday to leave New York immediately. One U.S. official said the delegation had remained in the country after the high-level UN meetings had ended and was no longer expected to stay. Araghchi and members of his delegation left New York early Tuesday and were expected to travel back to Iran via Doha, Qatar.

Iran, however, rejected the U.S. account. Iran’s permanent mission to the United Nations said the delegation had not been ordered to leave or expelled from the United States. The mission said its departure schedule had been arranged in advance and had been communicated to the U.S. State Department on September 17.

The Iranian mission also accused Washington of spreading what it described as “baseless” reports following the lack of progress in the negotiations. The conflicting accounts have highlighted the differences between Washington and Tehran over the circumstances surrounding the delegation’s departure.

Indirect discussions between the United States and Iran have continued with Qatar playing a mediating role. Key issues remain unresolved, including the reopening of the Strait of Hormuz, sanctions, frozen Iranian assets, the ongoing conflict and Iran’s nuclear program.

The departure of the Iranian delegation comes as diplomatic contacts between Washington and Tehran continue, but the two sides have yet to reach an agreement aimed at resolving the broader conflict and their longstanding disputes.

Washington DC — U.S. President Donald Trump has reportedly rejected an Iranian proposal aimed at reopening the Strait of Hormuz within seven days and ending fighting across the region, according to a report by The Wall Street Journal cited by Reuters.

Iran has been seeking an agreement that would reopen the strategically important waterway and establish a pause in the wider regional conflict. Tehran said the proposal was transmitted to the United States through Qatari mediators.

Iranian Foreign Minister Abbas Araqchi said the plan would trigger a seven-day countdown to reopening the strait if Washington agreed to the terms. Tehran has also called for the lifting of U.S. restrictions affecting Iranian ports, the release of frozen Iranian funds and the removal of oil sanctions.

However, The Wall Street Journal reported that Trump had rejected the proposal. Reuters said it could not immediately independently confirm the report, and Iran was still awaiting an official U.S. response.

The uncertainty comes as the Strait of Hormuz remains central to the international economic consequences of the conflict. The waterway is a critical route for global energy shipments, and prolonged disruption has contributed to concerns about oil supplies and shipping costs.

Iran has said it is prepared to discuss broader issues after hostilities are paused, but Tehran has ruled out concessions on several aspects of its nuclear program. The latest developments leave the diplomatic initiative in an uncertain position as Washington considers its response and regional tensions continue.