Asia is particularly at risk, with much of the region highly dependent on Gulf oil shipped via the Strait of Hormuz

The latest round of investigations "is extremely unilateral, arbitrary and discriminatory", it said

Brent crude futures climbed $1.27, or 1.2%, to $104.41 a barrel by 0400 GMT

The Fed will start its two-day meeting on Tuesday

No possibility of a commodity price hike either, he said at an Iftar and Eid gift distribution ceremony in Sylhet

For Bangladesh, these moves are more than distant geopolitical gestures

With more dollars needed to purchase oil, the greenback has appreciated by around 2.5 percent since the start of hostilities

The Middle East accounted for 9.8 percent of global container trade last year

Brent crude closed at $103.14 per barrel

Oil and gas prices have surged since US-Israeli strikes on Iran killed its supreme leader and plunged the Middle East into war

When US and Israeli forces launched airstrikes on Iran, the shock waves were felt far beyond the region. As the conflict escalates, understanding who benefits from this crisis might be as important as counting its costs.

Banks in the region sent staff home in response to a deepening Middle East conflict

"China opposes using it as an excuse for political manipulation," ministry spokesman Guo Jiakun said

​An Indian source ‌said ⁠on Thursday

The dollar advanced against the euro, yen, sterling and kiwi for a third straight day

Brent jumped more than nine percent to hit as high as $101.59 a barrel

The consignment has been brought under G2G agreement

The country shipped $4.24 billion worth of garments to emerging markets during the period

Unlike the first oil shock, OECD members can now rely on massive strategic reserves, equivalent to three months of imports

The dollar index, which measures the US unit against six other rivals, eased to 98.773, not far ​from the three-month top hit on Monday