What we know about Trump's deal giving US access to vast oil reserves in VenezuelaThe United States and Venezuela have announced a significant oil deal. This agreement grants America a stake in Venezuela's vast oil reserv...
30 Aug, 2026, 07.44 PM IST
War weighs on Iran's economy as US intensifies sanctionsIranian leaders admit economic hardship from war and sanctions, while vowing to resist US pressure. President Pezeshkian stated foreign tra...
29 Aug, 2026, 09.11 PM IST
Ecological cost of US-Iran war: Scientists warn ships stranded for months in the Strait of Hormuz could now carry invasive species, posing an ‘immense international biosecurity threat’Ships stranded for months in the Strait of Hormuz now pose a bioinvasion risk. These vessels may carry dense communities of marine organism...
29 Aug, 2026, 11.06 AM IST
Iran's FM Abbas Araghchi says returning to diplomacy 'isn't impossible' but depends on USIran's foreign minister stated diplomacy is possible if the US abandons coercion and builds trust. He also held productive discussions with...
28 Aug, 2026, 01.22 PM IST
Military action against Iran not over: US President Donald TrumpUS President Donald Trump indicated military operations targeting Iran might continue. He firmly ruled out immediate talks with Tehran, sta...
28 Aug, 2026, 10.03 AM IST
Six Months of Conflict: How the Iran war has reshaped global marketsAs global financial markets navigate the aftermath of recent conflicts, the mixed responses are evident. Energy prices have surged sharply,...
27 Aug, 2026, 01.42 PM IST
'No other option': Gulf expats hunker down between bouts of warForeign workers are largely staying in Gulf countries despite six months of conflict, choosing higher, tax-free salaries over weaker prospe...
26 Aug, 2026, 03.26 PM IST
Global economy in tug-of-war between oil shock and AI boom: IMF chiefThe global economy is weathering an oil shock better than feared. An investment boom in artificial intelligence is now a growth engine. Dra...
26 Aug, 2026, 12.39 PM IST
Conflict-hit oil supply crisis deepens as nearly half of global output comes from affected countriesNearly half of the world’s oil supply now comes from countries affected by conflict, highlighting the growing vulnerability of global energ...
25 Aug, 2026, 01.19 PM IST
Iran digs up ‘tens of billions’ in gas wealth as US energy showdown heats upIran has discovered a major gas field in southern Fars province containing 7.5 trillion cubic feet of gas, with 5.7 trillion cubic feet rec...
24 Aug, 2026, 01.32 PM IST
Iran vows 'devastating' response as US threatens toughest ever economic hitIran warns of devastating retaliation against new United States sanctions. United States Treasury chief Scott Bessent plans the toughest fi...
23 Aug, 2026, 09.28 AM IST
Iran says Strait of Hormuz will remain closed until US changes courseIran's Mohsen Rezaei stated the Strait of Hormuz remains closed until US behavior changes. He claimed America relies on economic pressure a...
23 Aug, 2026, 06.30 AM IST
US military moves 15 million barrels through Hormuz amid standoff with IranOver fifteen million barrels of oil moved through the Strait of Hormuz with US military assistance. Total shipments leaving the region, inc...
22 Aug, 2026, 09.55 AM IST
US to impose ‘toughest sanctions in history’ on Iran; Scott Bessent bets on 'one-two punch' to cripple Iranian regimeUS Treasury Secretary Scott Bessent said Washington will impose the “toughest sanctions in history” on Iran, with details expected Monday, ...
20 Aug, 2026, 11.05 PM IST
India reworks oil map with Venezuela as Hormuz battlefield keeps Gulf flows in doubtIndia is increasing crude oil imports from Venezuela and Latin America. This diversification aims to secure supplies amid Middle East disru...
20 Aug, 2026, 04.44 PM IST
Trump threatens to 'bomb' Oman if they get in way of Hormuz dealUS President Donald Trump has threatened military action against Oman if it interferes with the US blockade of Iranian ships in the Strait ...
18 Aug, 2026, 09.35 AM IST
Hormuz ship attacks mount as US vows to cripple Iran economyThe Strait of Hormuz has seen an uptick in ship attacks, causing grave concerns as peace negotiations remain stagnant. Recently, two vessel...
15 Aug, 2026, 11.25 PM IST