Why crude oil markets suddenly reversed course today: US oil prices collapse below $87 after Trump cancels Iran strike plans, WTI crude drops 3%US oil prices collapsed below $87 as WTI crude dropped nearly 3% after President Trump canceled planned Iran strikes. The move reversed a w...
12 Jun, 2026, 12.02 AM IST
Iran closes Strait of Hormuz, warns it will shoot vessels; strikes US Fifth Fleet in Bahrain againTensions between the United States and Iran have surged. Iran struck American military sites in Bahrain and Kuwait. The Strait of Hormuz wa...
11 Jun, 2026, 07.53 PM IST
Iran warns Mideast truce 'practically meaningless' after US strikesIran declared the Middle East war ceasefire practically meaningless following fresh US strikes. Tehran responded with attacks across the re...
11 Jun, 2026, 06.01 PM IST
Three missing Indian seafarers dead after US strike on tanker in Gulf of OmanThree Indian seafarers have died following a U.S. military strike on a tanker in the Gulf of Oman. The U.S. stated the vessel failed to fol...
11 Jun, 2026, 01.38 PM IST
Hegseth says the US controls the Strait of Hormuz, while also warning of bomb strikes on Iran’s 'key facilities'America is taking a firm stand in the Strait of Hormuz, demonstrating significant influence over this crucial maritime corridor. While Iran...
11 Jun, 2026, 08.38 AM IST
Oil Price Today (June 10): Crude oil rises to $92 as Iran attacks US airbases in Jordan, Kuwait. What’s next?Oil prices rebounded approximately 1% on Wednesday, recovering from a seven-week low. Fresh Iranian responses to U.S. military strikes, inc...
10 Jun, 2026, 08.31 AM IST
India-crewed tanker hit near Iran, MEA says communication between ship & US Navy preceded strikeThe US military fired on a tanker carrying 24 Indian crew members. This happened as the US enforces a blockade of Iranian ports. India's Mi...
09 Jun, 2026, 06.27 PM IST
West Asia War: Hormuz strait will be open but with transit fees, Iran envoy to Moscow quotedIran and Oman will control passage through the Strait of Hormuz. New conditions, including transit fees, will be implemented. This follows ...
08 Jun, 2026, 10.19 AM IST
US forces shoot down two Iranian attack drones in Strait of Hormuz amid fresh escalationUnited States forces have intercepted and destroyed two Iranian drones. These drones posed a threat to commercial shipping in the Strait of...
07 Jun, 2026, 09.36 AM IST
West Asia war: 100 days on, Trump and Iran remain locked in high-stakes showdownTensions between the US and Iran remain high as the conflict approaches 100 days. Both nations are engaged in military actions and diplomat...
06 Jun, 2026, 07.42 AM IST
Iran says it fired warning missiles and drones at US warships in Gulf of OmanIran's navy reported firing warning missiles and drones at U.S. warships in the Gulf of Oman, accusing the U.S. Navy of harassment. This fo...
05 Jun, 2026, 06.57 PM IST
The Iran war is pushing the global gas trade into the shadowsAs the Strait of Hormuz remains under Iranian control amid the ongoing West Asia conflict, Qatar has quietly resumed some LNG exports by ad...
02 Jun, 2026, 12.19 PM IST
US-Iran conflict flares again: American strikes trigger missile retaliation as peace talks falterTensions flare as the US strikes Iran following an Iranian drone shootdown. Iran retaliates with missile fire towards Kuwait, targeting US ...
01 Jun, 2026, 07.19 PM IST
'Every choice has a price, and the bill comes due': Iran's Ghalibaf warns US over ceasefire violationsIran's top negotiator points to US naval blockade and Israeli actions in Lebanon as ceasefire violations. Tehran distrusts words, judging b...
01 Jun, 2026, 03.38 PM IST
Quarter of big oil tankers trapped by Iran war have escapedTwenty-nine of 109 vessels capable of hauling 700,000 barrels or more have crossed the Strait of Hormuz, with many switching off navigation...
30 May, 2026, 10.23 AM IST
US seized $1 billion in Iranian crypto, Scott Bessent says; claims Tehran facing financial crisisUS Treasury Secretary Scott Bessent announced the seizure of approximately $1 billion in Iranian cryptocurrency assets as part of "Operatio...
30 May, 2026, 08.43 AM IST
Iranian missile likely involved in attack on ship in Strait of Hormuz, South Korea saysSouth Korea's Foreign Ministry stated an Iranian anti-ship missile was likely involved in an attack on a HMM cargo ship in the Strait of Ho...
27 May, 2026, 05.48 PM IST