Justice Department said in a separate statement that a woman identified as Courtney Williams had been indicted on charges of disclosing classified material to 'a media outlet'
Both benchmark prices fell below $100 per barrel in the previous trading session, with WTI recording its biggest decline since April 2020 on expectations the ceasefire ending the fight
US President Donald Trump repeated his complaint about NATO after a closed-door meeting with the alliance's Secretary-General Mark Rutte on Wednesday for discussions that had been expected to be aimed at soothing Trump's anger with the military alliance over the Iran war. Ahead of the private meeting, Trump had suggested the US may consider leaving the trans-Atlantic alliance after NATO member countries ignored his call to help as Iran effectively shut the Strait of Hormuz, a vital shipping waterway, and sent gas prices soaring. Afterward, he issued an all-caps comment on social media suggesting he remained aggrieved. "NATO WASN'T THERE WHEN WE NEEDED THEM, AND THEY WON'T BE THERE IF WE NEED THEM AGAIN," Trump said in his post. The White House did not immediately offer any further updates. The Republican president has had a warm relationship with Rutte in the past, and the meeting came after the US and Iran late Tuesday agreed to a two-week ceasefire that includes the reopening of
Iranian parliament speaker accused Israel of violating ceasefire conditions through continued strikes on Lebanon and said the US had breached terms by insisting Iran abandon its nuclear programme
To end the war with the United States and Israel, Iran is demanding the right to collect tolls in the Strait of Hormuz as a precondition for reopening the waterway vital to world oil supplies. Yet, collecting tolls in the strait would violate a basic and enduring principle of international maritime trade: freedom of peaceful navigation. It's an ancient idea that was codified by the United Nations' Convention on the Law of the Sea, which took effect in 1994. Opening the strait would save the global economy from supply constraints that have pushed energy and fertiliser prices sharply higher since the war began on February 28. But agreeing to Iranian toll-collecting would cement the Islamic Republic's control over the strait through which 20 per cent of the world's oil is shipped and enrich the country against whom the war was launched. US President Donald Trump has made reopening the strait a priority. But the White House said Wednesday he is opposed to tolls, and analysts say the .
Mohammed Imran of Mirae Asset Sharekhan expects that Brent and WTI floor prices would remain elevated at pre-war levels
The Informal Group of Ministers (IGoM), headed by Defence Minister Rajnath Singh, took stock of India's readiness in view of the recent developments in West Asia during its third meeting at Kartavya Bhawan-2, New Delhi, on April 8, the government said in a release.Minister of Finance & Corporate Affairs Nirmala Sitharaman; Minister of External Affairs S Jaishankar; Minister for Agriculture & Farmers' Welfare and Rural Development Shivraj Singh Chouhan; Minister of Commerce and Industry Piyush Goyal; Minister of Chemicals & Fertilizers Jagat Prakash Nadda; Minister of Petroleum and Natural Gas Hardeep Singh Puri; Minister of Consumer Affairs, Food and Public Distribution Prahlad Joshi; Minister of Railways, Information and Broadcasting, Electronics & Information Technology Ashwini Vaishnaw; Minister of Parliamentary Affairs Kiren Rijiju; Minister of Civil Aviation Kinjarapu Rammohan Naidu, and Minister of State (Independent Charge) of the Ministry of Science ...
Former US National Security Advisor John Bolton has cautioned that the US-Israel conflict with Iran could deepen further if the temporary ceasefire, reached "under political compulsions" by President Donald Trump, does not hold through. In an interview with PTI Videos, Bolton said Trump pushed for a ceasefire because of the political implications of rising gas prices in the US, the plunge in his popularity among the masses, and because an extended conflict with Iran could result in a severe setback for the US. "Well, I think a deeper, more lasting conflict is entirely possible. The real issue is Trump. He's been so concerned about the price at the pump of gasoline, the political implications for him. His popularity has gone down noticeably He may not care about all these broader considerations," Bolton said. "He (Trump) looks out after himself and that may be what dominates his thinking. And if so, I think that could result in a severe setback for the United States," Bolton said to
We are seeing signs that Straits are starting to reopen... The deal is a ceasefire, a negotiation -- that's what we give -- and what they give is that the Straits are going to be reopened, Vance said
White House has dismissed the inclusion of Lebanon in the temporary ceasefire agreement, backing Israel's continued military operation against Hezbollah
Worried about surging oil prices and surprised by a resilient Iranian regime, the White House pushed Pakistan to broker a temporary ceasefire with Tehran, the Financial Times reported on Wednesday. For weeks the Trump administration was leaning on Islamabad to convince the Iranians to agree to a pause in fighting where it would reopen the Strait of Hormuz, the newspaper said, quoting "people familiar with the talks". "Pakistan's crucial role, as a Muslim-majority neighbour and intermediary, was to sell it to Tehran," the report said. US President Donald Trump announced on Tuesday that he had agreed to a two-week ceasefire with Iran as proposed by Pakistan. Trump, worried about surging oil prices and surprised by a resilient Iranian regime, was eager for a ceasefire since at least his first threat on March 21 to "obliterate" Iran's power plants, according to five people familiar with the Pakistan-led back channel, the Times reported. It said Pakistan's Chief of Army Staff Field Mar
India backs ceasefire and calls for de-escalation as Jaishankar plans UAE visit to discuss energy supplies, trade and regional developments
Press Secretary Karoline Leavitt described the ceasefire as a "historically swift and successful military triumph," saying US operations had weakened Iran's military capabilities
Further adding to uncertainty, sporadic fighting continued throughout the region and the Strait of Hormuz remained largely blocked
Netanyahu said a ceasefire with Iran does not apply to Hezbollah, indicating that Israeli military operations against the group would continue despite the truce
State-run Indian Oil Corp purchased the cargo, currently on the Curacao-flagged very large crude carrier Jaya, which is heading to India's east coast and is set to arrive later this week
Iran said it would offer safe passage in coordination with its armed forces, though its coastguards warned that any ship attempting to sail without permission would be "targeted and destroyed"
Many of these demands are likely to conflict with a 15-point proposal US mediators laid out last month
Shipping is the biggest obstacle for India in source fuels
Lebanon's health ministry said dozens were killed and hundreds wounded in an early estimate