Iran's supreme leader declares "decisive victory," announces new phase in Strait of Hormuz management

Iran's Supreme Leader Mojtaba Khamenei said Thursday that the Iranian people have achieved a "decisive victory" in the war against the United States and Israel, adding that Iran will move the management of the Strait of Hormuz into a new phase.

Middle East conflict challenges Asia-Pacific resilience: ADB

The ongoing conflict in the Middle East has amplified global geopolitical risks and intensified downside risks for economic growth of developing Asia and the Pacific, according to a new report released by the Asian Development Bank (ADB) on Friday.

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