Mosaic News
News without borders
Friday, 29 May 2026
Energy
Iran war costs mount to $29 billion as ceasefire teeters and Strait of Hormuz remains contested16dUK households cut back spending at fastest rate in 18 months amid Middle East fears17dUS releases 53 million barrels from strategic oil reserves as prices surpass $10517dModi to embark on multi-nation tour covering UAE and four European countries17dModi calls for austerity as Iran war drives India's energy crisis17dPakistan extends austerity measures as US-Iran ceasefire talks collapse17dTrump moves to suspend federal gas tax as fuel prices hit 50% above pre-war levels17dUK and France to lead 40-nation defence talks on restoring shipping through Strait of Hormuz18dSaudi Aramco profits surge 26% as east-west pipeline offsets Hormuz blockade18dTrump-Xi summit set for Beijing as trade and Iran tensions dominate agenda18dPakistan electric bike demand surges as Middle East conflict keeps fuel prices high19dHMS Dragon heads to Middle East ahead of potential Strait of Hormuz mission19dOil slick detected near Iran's Kharg Island raises environmental concerns19dIran elevates Strait of Hormuz to strategic centrepiece as nuclear talks stall19dFragile US-Iran ceasefire holds amid naval clashes and escalating threats19dUS and Iran trade fire in Strait of Hormuz as fragile ceasefire strains under diplomatic pressure20dIndia's critical minerals gap: diplomacy is necessary but not sufficient21dHong Kong's Hang Seng index holds firm as energy crisis roils global markets21dUAE exits OPEC to chart independent energy course with major implications for Asia21dJet fuel crisis and U.S. boycott set to upend summer air travel for Canadians and beyond21d