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Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautionsIndia faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augment...
Iran's IRGC launches missile, drone strikes on US military sites in Kuwait, Bahrain"Violating the ceasefire is contrary to Clause 1 of the Islamabad Memorandum of Understanding and will result in the complete halt of all d...
Hezbollah rejects US-brokered Israel-Lebanon security deal as 'surrender'Hezbollah leader Naim Qassem has rejected a US-brokered security agreement with Israel, calling it a surrender and "null and void." He crit...
Strait of Hormuz to be closed again? Why are U. S, Iran launching strikes after signing interim peace deal?Iran has accused the United States of failing to uphold the interim agreement, in particular by failing to sustain a promised ceasefire in ...
JD Vance, Rubio strike different tone on Iran and IsraelUS-Iran war: Divergent remarks from Vice President JD Vance and Secretary of State Marco Rubio regarding Israel's military actions in Leban...
British military says a cargo ship was hit while moving through the Strait of HormuzIn a worrying development, a cargo ship on a UN-supported journey through the Strait of Hormuz was hit by a projectile, raising alarms as I...
IMF says it will take time for energy, commodity prices to normalize after US-Iran dealThe IMF notes a decline in energy and commodity prices following a ceasefire in the Strait of Hormuz, though full normalization will take t...
Rubio in Middle East tour says any Iran deal will ensure security of Gulf alliesU.S. Secretary of State Marco Rubio assured Gulf Arab allies that any deal with Iran would prioritize their security interests. Concluding ...
Rubio reassures UAE, Kuwait as scepticism over Iran deal persistsUS Secretary of State Marco Rubio assured Gulf allies of their security during a visit to the UAE and Kuwait, addressing skepticism over a ...
Oil prices extend decline on expectations of smoother crude flows via HormuzOil prices dipped to four-month lows as tensions eased between the US and Iran, paving the way for more tankers to navigate the Strait of H...
Iran says won't allow UN inspectors at bombed nuclear sitesIran declared UN nuclear watchdog inspections at bombed sites are off-limits, despite a US-Iran deal to end the Middle East war. Talks in S...
US-Iran war: Tehran says no visit scheduled for IAEA inspectors to visit bombed nuclear sitesUS-Iran war: Tehran has denied any scheduled visits for International Atomic Energy Agency inspectors to nuclear sites previously targeted ...
'I will do what I have to do' if Iran does not stick to deal: TrumpPresident Trump warned Iran of unspecified actions if it fails to uphold its agreement with Washington, particularly regarding the use of u...
US, Iran wrap second day of talks after rough startAmidst continuing tensions, high-stakes negotiations between the US and Iran in Switzerland hit a snag due to some of Trump's pointed comme...
Iran shuts the doors to Strait of Hormuz; alleges US, Israeli violations of ceasefire MOUIran has declared the Strait of Hormuz closed, citing alleged violations of a recent Middle East war ceasefire by the US and Israel. This m...
US VP JD Vance says expects Switzerland trip in coming days for Iran talks"I expect that I will leave sometime in the next couple of days, but you know it's always a delicate coordination dance and the diplomati...
Iraq projects oil production to return to pre-war levels within two monthsIraq anticipates a swift return to pre-war oil production levels within two months, following a recent US-Iran deal that eased the Strait o...