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THE OIL MINISTRY S NEWS AGENCY
Brent climbs to $79.43 as traders weigh durability of US-Iran peace dealOil prices edged higher as investors assessed the implications of a potential U.S.-Iran peace deal and the reopening of the Strait of Hormu...
'Start your engines'? Shippers wary on Hormuz reopeningShipping groups are hesitant to resume sailing through the Strait of Hormuz. An agreement between the US and Iran promises its reopening. H...
Oil slips 4% as US, Iran reach peace deal to reopen Strait of HormuzOil prices dropped significantly as President Trump and Iran's deputy foreign minister announced an initial deal to end the war and reopen ...
Peace on edge: Iran threatens payback as Beirut strike tests Trump’s dealIran has issued a stern warning to Israel following an attack on Beirut's southern suburbs. A senior Iranian military official stated that ...
British forces intercept Russian shadow fleet oil tanker attempting to cross English ChannelBritish armed forces intercepted the Russian oil tanker SMYRTOS in the English Channel, boarding the vessel with Royal Marines and NCA offi...
Protest erupts in Iran against Araghchi over prospective US peace dealProtests have erupted in Iran following discussions of a peace deal with the United States. Demonstrators in Mashhad and Tehran are voicing...
Ministry of Information and Broadcasting releases draft rules to 'consolidate' broadcasting sectorThe Ministry of Information and Broadcasting has released draft rules to bring television, radio, DTH, HITS, and IPTV services under the Te...
Oil nears two-month lows on reports of imminent US-Iran peace dealOil prices dropped significantly, reaching their lowest point in nearly two months as U.S. and Iranian officials indicated a potential agre...
India eyes global bio-energy leadership with unified push on capital, missions and SAF exportsIndia is poised to become a major bio-energy exporter and bolster its energy security. Industry leaders at the India Bio-Energy Conference ...
Gold heads for second weekly loss on rate rise expectationsGold prices are heading for a second weekly loss as expectations of higher interest rates, driven by persistent inflation concerns, weigh o...
Turn for peace on the day Trump turns 80? US, Iran could sign MoU on SaturdayIranian foreign minister Abbas Araghchi posted on Friday on X that an agreement "has never been closer". He gave no details, saying a final...
Oil Price Today (June 12): Crude oil hits 3-month low as draft Iran-U.S. pact signals Hormuz reopening, sanctions reliefOil prices dropped significantly, hitting a three-month low on Friday. Reports emerged of a potential deal between Iran and the United Stat...
Netanyahu says Trump assured him final Iran deal will mandate removal of enriched uraniumPresident Trump assured Prime Minister Netanyahu that a deal with Iran would ensure Tehran surrenders its nuclear stockpile. This understan...
Iranian forces prevent tanker from entering Strait of Hormuz without coordination: ReportIranian forces stopped a tanker from passing through the Strait of Hormuz. Reports of explosions near Bandar Abbas and Sirik were linked to...
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...
3 Indians missing after US strikes commercial vessel off Oman coast, New Delhi summons American diplomatThree Indian sailors are missing after a US military strike on the commercial vessel Settebello. The ship was attacked off Oman's coast. Tw...
Kuwait restricts domestic worker recruitment to 10 countries, bans 27 othersKuwait has restricted domestic worker recruitment to 10 approved countries, prohibiting hiring from 27 others under new Interior Ministry r...