No direct talks with US, exchange of messages through intermediaries, says Iranian FM AraghchiIran is not currently engaged in direct negotiations with the United States, while messages between the two sides are being exchanged throu...
09 Aug, 2026, 03.47 PM IST
Iran says Hormuz deal with Oman close, but strait reopening hinges on US concessionsIran and Oman are nearing a deal for a new shipping route through the Strait of Hormuz. This agreement is seen as vital for ending the ongo...
09 Aug, 2026, 06.22 AM IST
US working to establish safe shipping route through Strait of Hormuz, Vance says 'we don't trust' IranUS-Iran war news: The United States is pushing for secure passage for commercial vessels through the Strait of Hormuz. Meanwhile, Iran and ...
08 Aug, 2026, 09.49 PM IST
Trump expresses optimism about lower fuel prices as US-Iran move closer to potential deal on Strait of HormuzPresident Trump expressed optimism regarding negotiations over the Strait of Hormuz. He believes progress could lead to lower gasoline pric...
08 Aug, 2026, 06.39 AM IST
Oil slips, heads for weekly loss as Hormuz deal uncertainty persistsOil prices declined as investors weighed prospects of reopening the Strait of Hormuz against persistent geopolitical risks. Markets also aw...
07 Aug, 2026, 07.22 PM IST
Iran weighs fines up to 20%, vessel ban for ‘hostile’ ships in HormuzIran's parliament is reviewing a bill to restrict hostile vessels in the Strait of Hormuz. Violators could face significant fines on their ...
07 Aug, 2026, 07.45 AM IST
Oil Price Today (August 7): Crude oil rises above $83 as Strait of Hormuz deadlock continues. Here’s whyOil prices climbed for a second session on Friday due to renewed Hormuz Strait concerns. Iran proposed restricting hostile vessels and impo...
07 Aug, 2026, 07.34 AM IST
Brent crude tops $80 per barrel as Hormuz talks, tanker attacks keep supply risks highOil prices climbed as investors tracked Iran-Oman shipping talks and fresh attacks on Saudi oil tankers, raising supply concerns. Brent top...
06 Aug, 2026, 07.13 PM IST
US and Iran having 'very good discussions', Trump saysUS President Donald Trump reported very good discussions with Iran on Tuesday. Hopes for reopening the Strait of Hormuz boosted Asian marke...
05 Aug, 2026, 06.28 PM IST
US and Iran having 'very good discussions', Donald Trump saysTrump described negotiations with Iran as "very good". Mediators in Qatar indicated progress toward ending the Iran war, though Tehran deni...
05 Aug, 2026, 10.47 AM IST
War cost to world = '2.6 billion barrels of oil'Global oil inventories have significantly depleted since the US-Israeli war with Iran began. Saudi Aramco's chief stated that replenishing ...
05 Aug, 2026, 01.05 AM IST
Oil Price Today (August 4): Crude oil nears $85 as peace talks uncertainty loom after fresh attacks. What are experts saying?Oil prices saw a slight increase on Tuesday after significant Monday losses. Supply risks in the Middle East resurfaced as diplomatic hopes...
04 Aug, 2026, 07.52 AM IST
Oil ticks up after selloff as talks to end US-Iran war remain uncertainOil prices saw a slight rebound on Tuesday after earlier declines. Concerns over Middle Eastern supply remain high due to U.S.-Iran tension...
04 Aug, 2026, 07.12 AM IST
Global Market: UK growth at risk as EY flags inflation surge from Hormuz disruptionAccording to Reuters, EY expects the UK economy to expand by 0.8% in 2026 if the vital shipping route reopens by the end of September, befo...
03 Aug, 2026, 02.10 PM IST
Hormuz oil shuttling trade is picking up again after lullProducers are using their own vessels or fixed contracts to ensure oil delivery. This activity is crucial for global oil markets, which rel...
01 Aug, 2026, 10.19 AM IST
Brent crude jumps 7%, climbs over $90 on escalating Middle East strikesOil prices surged significantly amid renewed Middle East airstrikes and supply concerns. U.S. crude inventories dropped to a multi-year low...
29 Jul, 2026, 10.10 PM IST
Oil slips 5% after US, Iran pause fighting over weekendOil prices experienced a significant five percent decline on Monday. This drop occurred after the United States and Iran paused strikes ove...
27 Jul, 2026, 07.18 AM IST