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IRAN US CONFLICT
Iran, US make competing claims over control of Strait of HormuzIran's Basij paramilitary head stated the Strait of Hormuz is under Iranian control. This statement followed US President Donald Trump's as...
Iran calls for environmental safeguards for Strait of Hormuz amid oil pollution along Qeshm Island coastIran's foreign ministry spokesperson highlighted environmental concerns regarding oil pollution. Recent pollution along Qeshm Island shores...
Oil Price Today (August 13): Crude oil dips below $90 despite Strait of Hormuz deadlock. Here’s whyThe Organisation of Petroleum Exporting Countries cut its forecast for global oil demand growth in 2026 to 580,000 barrels per day in its m...
Iran says no progress on reviving interim peace deal with USIran and the United States remain divided over ending the Gulf war permanently. Talks to revive an interim deal agreed in June have seen no...
Global Market: European shares subdued as investors assess earnings, geopolitical risks ahead of US inflation dataEuropean shares traded largely flat as investors assessed mixed corporate earnings, rising oil prices and renewed geopolitical tensions ahe...
Trump says US ‘owns’ Strait of Hormuz, threatens Iran with forcePresident Trump stated the United States has total control over the Strait of Hormuz. He warned Iran against any actions that could provoke...
Oil Price Today (August 12): Crude oil reclaims $90 again after fresh attacks on ships. What are experts saying?Brent crude futures were up 72 cents, or 0.81%, at $89.63, while US West Texas Intermediate (WTI) crude gained 71 cents, or 0.85%, to $83.9...
Why the US-Iran war continues to disrupt oil marketsThe oil market is witnessing unprecedented volatility amid the intensifying US-Iran hostilities. Iran's surprising maneuver to shut down th...
Pakistan minister Naqvi heads to Iran amid mediation efforts to end conflictPakistan's Interior Minister Mohsin Raza Naqvi traveled to Tehran for crucial discussions. He engaged with Iranian officials regarding bila...
Pakistan sees US-Iran deal close as Hormuz standoff drags on, Trump toughens stancePakistan's defense minister indicated a potential US-Iran arrangement regarding the Strait of Hormuz. Oil prices reacted to these conflicti...
Global Market: Mainland Chinese stocks mixed, Hong Kong shares slip as Iran conflict weighs on sentimentChinese stocks traded mixed and Hong Kong shares edged lower as investors weighed fading hopes of a US-Iran peace deal and its impact on oi...
Oil climbs 5% as Iran, US both demand compensation and Hormuz hopes fadeOil prices rose significantly as Iran and the United States exchanged compensation demands. Prospects for reopening the Strait of Hormuz di...
Donald Trump turns Iran’s compensation demand back on Tehran, oil jumps 4%US Iran war news: Donald Trump demanded compensation from Iran for conflict victims. Iranian representatives had initially sought damages f...
Oil Price Today (August 10): Crude oil rises to $85 amid Hormuz worries as attacks continue. What are experts saying?Oil prices climbed Monday as Strait of Hormuz reopening remained uncertain. Iran stated a deal with Oman was nearing completion for new shi...
Iran releases video claiming to show captured US Reaper, Israeli Hermes dronesIran has unveiled footage of what it claims is the wreckage of US and Israeli drones, demonstrating its air defense capabilities. However, ...
Iran supreme leader Mojtaba Khamenei's absence deepens leadership mysteryIran's new Supreme Leader Mojtaba Khamenei remains out of public view since his father's death. His written statements signal a hardline st...
Iran's leaders believe a victory is within reach, and that time is on their sideIran believes military pressure will force the United States to accept its control. The nation is betting that time and global energy price...