Gold edges lower ahead of Fed decision on interest ratesGold prices saw a slight decrease as the dollar remained strong. Market participants await the Federal Reserve's policy decision for rate c...
Oil prices rebound by more than $2 a barrel on prospect of tightening US crude suppliesOil prices increased significantly on Wednesday due to declining U.S. crude inventories. OPEC+ is expected to halt output increases startin...
Why is Oman proposing a new plan to manage the Strait of Hormuz?Oman has proposed a regional management plan for the Strait of Hormuz. This plan suggests voluntary fees to cover operational costs and ser...
Iran says it retains control of Strait of Hormuz, rules out resuming US talks after Trump pauses bombing campaignIran maintains control of the Strait of Hormuz after the United States paused its bombing campaign. Tehran rejected suggestions that peace ...
Drones attack Iran's neighbours as Tehran appears to test Trump's latest pauseSaudi Arabia, Jordan, and Iraq reported drone attacks on Monday. Iran-backed militias launched drones from Iraq targeting Saudi petroleum s...
Saudi downs drones fired by Iran-backed militias in Iraq amid US-Tehran lullSaudi Arabia intercepted drones launched by Iran-backed militias in Iraq. Mediators are pushing to revive diplomacy and restore an interim ...
Rupee rises 28 paise to 96.25 against US dollar in early tradeThe Indian rupee strengthened significantly against the US dollar on Monday. This gain was driven by a sharp decline in global crude oil pr...
US, Iran hold fire for second day as ceasefire talks gain momentumThe United States and Iran refrained from launching attacks for a second consecutive day as mediators worked to revive an interim ceasefire...
US pauses attacks on Iran for a second straight day and Tehran does tooUnited States and Iran have paused attacks for a second day. Both nations are continuing efforts to return to negotiations for an interim c...
Oil tanker explodes after hitting naval mine in Strait of Hormuz: Iranian MediaAn oil tanker reportedly exploded after deviating from Iran's designated shipping route. This incident occurred amid ongoing diplomatic pro...
12 commercial vessels redirected, two 'non-compliant' ships disabled as US enforces full blockade against Iran: CENTCOMUS Central Command confirmed its naval blockade against Iran remains fully operational. Coalition forces redirected twelve commercial vesse...
Iran-Oman talks on reopening Strait of Hormuz make progress: ReportOmani officials visited Tehran for talks on reopening the Strait of Hormuz. These discussions occurred while the United States paused its b...
Airstrikes have paused and talks are pressing forward. But can US and Iran take the off-ramp?The United States military has halted airstrikes on Iran after nearly two weeks of intensified bombing. Diplomatic efforts are progressing ...
Yemen teeters towards renewed war in shadow of Iran conflictYemen is nearing a renewed conflict as Houthi attacks escalate. Saudi infrastructure and shipping have faced recent Houthi targeting. Media...
US military says it fired on another merchant vessel trying to breach its blockade of Iranian portsThe US disabled a second merchant vessel enforcing its blockade of Iranian ports as Iran targeted US-linked bases across the Gulf. Fighting...
Tanker crew abandons vessel after reported projectile strike in Strait of Hormuz, UKMTO saysA tanker in the Strait of Hormuz reported being struck by an unknown projectile. Its crew abandoned the vessel and boarded a lifeboat, acco...
Iran-linked tankers U-turn, zig-zag as US enforces blockadeUS sanctions on Iranian shipping have been reimposed, impacting tanker movements. Several Iran-linked tankers changed course in the Gulf of...