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The G20 has become an annual chat show

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Narendra Modi, the host of the G20 summit in New Delhi, adeptly seized the spotlight, leaving the impression that he had been elevated beyond the role of a mere rotating host.

This high-profile event served as a public relations coup for the Indian Prime Minister, who appeared to relish the attention and admiration lavished upon him by Western leaders.

Modi’s strategic significance as a global leader and a counterbalance to a divided world was evident throughout the summit. Despite concerns about his nationalist politics on the domestic front, world leaders seemed drawn to his economic prowess, military influence, and potential to foster international cooperation.

Chat show

While Modi’s role as the leader du jour garnered attention and acclaim, critics argue that the G20 has devolved into a mere forum for discussion, with limited tangible progress on pressing issues such as climate change and wealth inequality. Questions also persist regarding the specifics of the proposed economic corridor linking India, the Middle East, and Europe.

Nonetheless, many G20 members appear satisfied with the outcomes of the summit, which, most importantly, managed to avert failure. The fragile nature of this group was evident as the baton was passed to Brazil’s President Lula, who assured that Russian leader Vladimir Putin would not face arrest if he attended next year’s G20 meeting in Rio de Janeiro. This exchange underscores the evolving power dynamics in global politics and the challenges to Western dominance.

The summit’s discussions on Ukraine drew mixed reactions, with Russian Foreign Minister Sergey Lavrov expressing gratitude for the lack of condemnation against Russia. French President Emmanuel Macron and Canadian Prime Minister Justin Trudeau offered contrasting perspectives, highlighting the evolving and uncertain future of the G20.

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Iran live updates: Trump claims Khamenei dead as Iran insists he remains in command

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U.S. and Israel strike Iran as missiles hit Gulf bases and oil surges

U.S. and Israel launch major military operation against Iran; tensions rise as conflict escalates, impacting global markets.

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U.S. and Israel launch major military operation against Iran; tensions rise as conflict escalates, impacting global markets.

The United States and Israel have launched a sweeping military operation against Iran, striking leadership targets and more than 500 military sites in what President Trump has dubbed Operation Epic Fury.

Explosions have rocked Tehran, with civilians fleeing the capital as U.S. sea and air assets carry out sustained attacks. Washington says the mission is designed to prevent a nuclear armed Iran and has even called on Iranians to rise up against the regime.

Iran has retaliated with a barrage of missiles and drones targeting Israel and U.S. bases across the region, including in Qatar, Kuwait, the United Arab Emirates and Bahrain. While many projectiles were intercepted, a U.S. base in Bahrain sustained damage.

Gulf states long seen as stable hubs for global business are now directly in the firing line, raising fears of a wider regional war.

Oil prices are climbing and tankers are diverting from the Strait of Hormuz as markets react to the escalating conflict. U.S. aircraft carriers, advanced fighter jets and missile destroyers remain in position, signalling more strikes could follow.

With global leaders scrambling diplomatically, the world is watching to see whether this spirals further or shifts back to negotiations.Download the Ticker app

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Iran warns ships to avoid Strait of Hormuz

Iran warns ships to avoid Strait of Hormuz amid rising tensions and military buildup in the region

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Iran warns ships to avoid Strait of Hormuz amid rising tensions and military buildup in the region

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In Short:
– Iran’s Guard Corps advises ships to avoid the Strait of Hormuz due to rising tensions.
– Tankers have diverted to Qatar and UAE amidst concerns over safety and potential Iranian threats.
Iran’s Islamic Revolutionary Guard Corps has instructed ships to avoid the Strait of Hormuz, a crucial shipping lane linking to the Persian Gulf. About a hundred merchant vessels transit the strait daily, according to the U.S.Tensions have escalated recently as the U.S. increased military presence in the region and Iran issued threats. Western nations are concerned about Iran potentially laying sea mines to disrupt commercial traffic. Currently, no evidence suggests Iran has mined the strait.

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Ships have been repeatedly warned against entering the strait, as stated by crews in the area and the European Union’s naval command, Aspides. On Saturday, dozens of tankers diverted, with some seeking refuge in Qatar and the United Arab Emirates while others opted to steer clear of the region, as reported by oil brokers and shipowners.

Shipping Concerns

Tensions continue to impact shipping operations as carriers remain cautious in the Gulf region.

Tanker crews reported hearing explosions near Iran’s Kharg Island, which is vital for the country’s oil exports, as it handles 90% of its crude oil shipments.


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