Page 13 - Latest Updates on West Asia Conflict

First Chinese product tanker attacked near Strait of Hormuz amid Iran war

According to the report, the vessel's deck caught fire and the ship had the words "CHINA OWNER & CREW" marked on it

US proposal to Iran more detailed than a simple 'one-page offer': Trump

The US President clarified the scope of the diplomatic outreach, as Tehran continues to evaluate communications from Washington transmitted via Pakistani mediators

UAE reports drone, missile attack as Iran war ceasefire challenged again

The United Arab Emirates' Ministry of Defence announced that the country's air defences are "actively engaging" with a missile and drone attack as the Iran war's shaky ceasefire was again challenged. The ministry advised residents not to approach, photograph or touch "any debris or fragments that have fallen as a result of successful air interceptions.

Handed Trump Brazil-Turkey brokered 2010 Iran nuclear agreement: Prez Lula

Speaking during a press conference in Washington following his meeting with the US President, Lula said it was the second time he had personally handed Trump the agreement negotiated in 2010

Asia's heat waves spell double trouble for economies hit by oil price shock

Inflation accelerated to multiyear highs across much of Asia, latest figures showed, led by higher transport, logistics and utility costs

Strikes against Iran just a 'love tap': Trump says ceasefire going on

The comments come amid heightened regional tensions following exchanges of fire involving US naval assets and Iranian forces near the Strait of Hormuz

Trump-Xi summit stays on track despite China's hesitation over Iran crisis

Trump and Xi Jinping are slated to meet May 14-15 after their summit was rescheduled once due to the war, which has triggered an energy crisis and restricted supplies to importers of West Asia crude

Oil prices jump over 1% after renewed hostilities between US, Iran

Brent crude futures were up $1.41, or ‌1.41 per cent, at $101.47 a barrel as of 0123 GMT

Iran, US discuss 30-day framework to halt hostilities, reopen Hormuz

Discussions between the two sides remain ongoing, with negotiators exchanging proposals on the wording and structure of a possible long-term framework

Iran creates new govt agency to control shipping in Strait of Hormuz

Iran has created a government agency to vet and tax vessels seeking passage through the crucial Strait of Hormuz, a shipping data company has reported, as Tehran said it was reviewing the latest US proposals for ending the war. The Iranian effort to formalise control over the channel raised new concerns about international shipping, with hundreds of commercial ships bottled up in the Persian Gulf and unable to reach the open sea. Still, hope that the two-month conflict could soon be over buoyed international markets. Iranian Foreign Ministry spokesperson Esmail Baghaei on Thursday said the Islamic Republic was reviewing messages from Pakistan, which is mediating peace negotiations, but Iran "as not yet reached a conclusion, and no response has been given to the US side", Iranian state TV reported. Late in the day, Iranian state media said the country's armed forces exchanged fire with "the enemy" on Qeshm Island in the Strait of Hormuz. It is the largest Iranian island in the Persia

US strikes Iran after attack on destroyers; Trump pressures Tehran for deal

Trump told reporters the ceasefire was still in effect despite the back-and-forth, downplaying Iran's actions while warning of consequences if a deal wasn't struck

Best of BS Opinion: Vodafone must quickly raise capital, improve services

From Vodafone Idea's financial struggles and Bengal's political tensions to oil market reactions during the Iran conflict, here are the top opinions of the day

Iran reviewing US proposals as Trump pressures Tehran for deal to end war

Iran has said it is reviewing the latest American proposals on ending the war, as US President Donald Trump threatened the country with a new wave of bombing unless a deal is reached that includes reopening the crucial Strait of Hormuz to international shipping. Hope that the two-month conflict could soon end buoyed international markets on Thursday, despite the US military firing on an Iranian oil tanker attempting to breach an American blockade of Iran's ports Wednesday. The price of Brent crude oil stabilized at around $100 a barrel as investors waited to see whether the strait would reopen, allowing tankers to deliver oil from the Persian Gulf again. Trump posted on social media that the two-month war could soon end and that oil and natural gas shipments disrupted by the conflict could restart. But he said that depends on Iran accepting a reported agreement that he did not detail. "If they don't agree, the bombing starts," Trump wrote. A fragile ceasefir e between the US and Ir

Centre plans to bolster key export scheme as Iran war sours trade outlook

West Asia conflict weakened trade in March, with India's merchandise exports falling 7.4 per cent year-on-year and 24 of 30 major export categories declining

'Operation Fauxios': Iran Parliament Speaker mocks US media reports on deal

Mohammad-Bagher Ghalibaf rejected reports of a possible arrangement between Iran and the United States, accusing American media outlets of repeatedly spreading misinformation

Iran likely to submit response to US proposal on West Asia crisis on May 7

The diplomacy is being spearheaded by US envoys Steve Witkoff and Jared Kushner, who are reportedly communicating with Tehran both through direct channels and third-party intermediaries

Oil prices rise as investors weigh prospects of peace deal in West Asia war

Both benchmarks slumped more than 7 per cent on Wednesday, hitting two-week lows on optimism over a possible end to the West Asia war

France moves aircraft carrier group toward Hormuz for possible defence

France's aircraft carrier strike group is moving south of the Suez Canal and into the Red Sea in preparation for a potential French-British mission in the Strait of Hormuz, French President Emmanuel Macron said Wednesday. The deployment puts Europe's most powerful warship closer to the strait whose effective closure has come to epitomise the war in Iran, stranding hundreds of ships and triggering what the International Energy Agency calls the largest supply disruption in the history of the global oil market. The defensive effort is distinct from the US "Project Freedom" that launched Monday and was paused by President Donald Trump on Tuesday evening. The repositioning of the nuclear-powered Charles de Gaulle and its escorts comes as part of a proposed mission championed by France and Britain to restore maritime security in the Strait of Hormuz as soon as conditions allow. It "may help restore confidence among shipowners and insurers," Macron said on X. "It remains distinct from the

Iran ready to provide technical support to commercial ships in Hormuz

According to IRNA, the maritime authority stated that ships may access a range of services, including provisions, fuel supply, medical assistance, health services

US Navy fires at Iranian-flagged vessel in Gulf of Oman as part of blockade

According to CENTCOM, US forces acted after the vessel, identified as M/T Hasna, did not comply despite repeated warnings while transiting international waters toward an Iranian port