President Donald Trump's search for an off-ramp from the war with Iran is getting bumpy inside his Republican Party. In the decade since Trump's "America First" movement rose to power by rejecting military intervention, his coalition has rarely been tested the way it is now. Trump's exit efforts - first through threats of annihilation, then with a ceasefire that is proving precarious - are doing little to paper over tensions that have festered since the war began six weeks ago. Laura Loomer, a conservative activist close to the president and often one of his top boosters, rejected the notion of brokering a deal with Iran. In an interview, she knocked Vice President JD Vance for being "in charge" of talks expected to start Saturday in Pakistan, as he takes on a larger diplomatic role ahead of a potential 2028 White House run. "I support President Trump," Loomer said in an interview. "I just don't believe in negotiating with Islamic terrorists." Vance's office did not respond to a ..
The rupee appreciated 10 paise to 92.41 against the US dollar in early trade on Friday, even as the USD/INR pair faces risks from rising global tensions, especially the US-Iran conflict. Forex traders said the rupee is likely to see high volatility intra-day as the deadline for RBI's instructions to banks to curb their overnight positions to USD 100 million closes today. At the interbank foreign exchange market, the rupee opened at 92.58 against the US dollar, then gained ground to touch 92.41 against the US dollar in initial trade, registering a gain of 10 paise over its previous close. On Thursday, the rupee settled with a marginal gain of 3 paise at 92.51 against the US dollar. "An estimated 8085 per cent of these positions have already been unwound, which means the bulk of this supportive flow is now behind us. In simple terms, the cushion that held the rupee steady is beginning to thin, and this is where the story starts to shift," CR Forex Advisors MD Amit Pabari said. Pabar
Iranian oil typically trades at discounts to Brent because of the sanctions and Chinese independent refiners, also known as teapots, are its biggest buyers
Uncertainty shrouded the US-Iran dialogue, as there was no official word about the arrival of delegates on Friday, the day set for the start of talks between the two warring sides, even as Pakistan waived visa requirements for journalists and officials attending talks. Prime Minister Shehbaz Sharif, while announcing a two-week ceasefire on Wednesday, had stated that the two countries would hold talks in Islamabad on April 10. He had tagged presidents of the United States and Iran and other officials in his statement on X. Iran's ambassador to Pakistan, Reza Amir Moghadam in a statement confirmed that a 10-member Iran delegation would arrive in Islamabad. "Despite skepticism of Iranian public opinion due to repeated ceasefire violations by the Israeli regime to sabotage the diplomatic initiative, invited by Hon PM Shehbaz Sharif, Iranian delegation arrives tonight in Islamabad for serious talks based on 10 points proposed by Iran," he said on X on Thursday. Hours later, he deleted t
Pilots from Lebanon to India have voiced 'widespread' concerns they could face sanctions if they do not fly in often unpredictable conditions where airspace can close with little notice
Brent crude futures gained 83 cents, or 0.87 per cent, to $96.75 a barrel as of 0100 GMT
The fragile US-Iran ceasefire faces new pressure as Iran warns Israel over Hezbollah strikes in Lebanon, while Donald Trump says Tehran is doing a 'very poor job' of allowing oil through Hormuz
Beijing challenges US financial dominance across currency, messaging and settlement systems; even if Iran sanctions ease and dollar trust recovers, the yuan push will persist for future crises
President Trump said he had asked Prime Minister Benjamin Netanyahu to scale back Israel's military campaign in Lebanon
As the focus shifts to negotiations between the United States and Iran, no formal Israeli participation is planned
Iran has used overt and covert global networks alongside unwitting participants to spread its message through social media, state-affiliated news organisations and American influencers
Underlining Iran's continued control of the Strait of Hormuz, a Botswana-flagged liquified natural gas tanker called the Nidi attempted to travel out of the Persian Gulf via a route ordered by the Revolutionary Guard but suddenly turned around and headed back early Friday, ship-tracking data showed. On Thursday, four tankers and three bulk carriers crossed through the Strait of Hormuz, bringing the total number of ships passing through since the ceasefire to at least 12, according to the data firm Kpler. However, other ships not transmitting their locations may have passed through as well. The strait typically saw well over 100 ships passing through it daily in peacetime. On Thursday evening, US President Donald Trump appeared to be casting doubt on the effectiveness of the ceasefire that has halted the Iran war. "Iran is doing a very poor job, dishonorable some would say, of allowing Oil to go through the Strait of Hormuz," he wrote on his social media site. "That is not the ...
Hours after a ceasefire publicly brokered by Pakistan was announced, Iranian officials reportedly credited a last-minute push by China with securing their acceptance, a claim soon validated by Trump
For Iran's theocratic rulers, just surviving the US-Israeli onslaught means victory. But the seeds of their next crisis may already be planted
Iran's paramilitary Revolutionary Guard in a statement carried by Iran's state-run IRNA news agency denied launching attacks on Persian Gulf states on Thursday after Kuwait's announcement. "If these reports published by the media are true, without a doubt it is the work of the Zionist enemy or America," the Revolutionary Guard said. However, the Guard also launched repeated attacks on civilian targets in the war and could also be using Shiite militias in Iraq to launch assaults, providing deniability for Iran ahead of the talks. Kuwait has accused Iran and its proxies of launching drone attacks targeting it on Thursday despite the two-week ceasefire in the Iran war, while Saudi Arabia said recent attacks damaged a key pipeline in the kingdom. The statement from Kuwait's foreign ministry, carried by the state-run KUNA news agency, put new pressure on the ceasefire ahead of planned talks on Saturday between the United States and Iran in Islamabad. Kuwait's foreign ministry said the
With a fragile ceasefire agreement between the US and Iran holding for now, China is calculating its role in helping find a durable endgame to the war in the Middle East. After prodding China, which is more reliant on Persian Gulf oil than the US, to get involved in reopening the choked-off Strait of Hormuz, US President Donald Trump told French news outlet Agence France-Presse this week that he believed China played a part in encouraging Iran to agree to this week's temporary truce. Three diplomats who were familiar with China's behind-the-scenes efforts also confirmed that Beijing, the biggest purchaser of Iranian oil, used its leverage to urge the Iranians back to the negotiating table. It was a major moment for Beijing, which had decried the US and Israel's war against its economic partner Iran as misguided before getting directly involved in the push to call off the fighting, including discouraging strikes by Iran. Talks between the sides are expected to begin in Pakistan this
Former FM Kamal Kharrazi was heading the Strategic Council on Foreign Relations, an advisory body established in 2006 that reports directly to Iran's supreme leadership
For the first time, Saudi Arabia has laid out the scale of damage inflicted to its oil output and exports, although it didn't specify when the attacks occurred. An energy ministry statement also gave the first public confirmation of Saudi casualties during the Iran war, saying one citizen working as an industrial security guard was killed and seven others wounded. Thursday's statement said strikes targeted production, transport and refining sites, as well as petrochemical and power facilities in Riyadh, the Eastern Province, and Yanbu on the Red Sea. The statement didn't attribute responsibility. A pumping station on the East-West Pipeline was among the hardest hit, cutting throughput by about 700,000 barrels per day, while outages at Manifa and Khurais reduced output by 600,000 more barrels per day. The major refineries, including SATORP, Ras Tanura and SAMREF, were also hit, with fires at Ju'aymah disrupting exports of liquefied petroleum gas and natural gas liquids.
In a strong denouncement of "outrageous" remarks made by Pakistan Defence Minister Khawaja Asif, Israel has raised doubts about his country's role as a "neutral arbiter". "Pakistan Defence Minister's call for Israel's annihilation is outrageous," the Israeli Prime Minister's Office said in a post on X. "This is not a statement that can be tolerated from any government, especially not from one that claims to be a neutral arbiter for peace," the PMO said Thursday evening. Pakistan has been credited with mediating a temporary two-week ceasefire between US and Iran and is preparing to host peace talks over the weekend. However, Asif, in a social media post, called Israel "evil" and a "curse for humanity", giving a call "to get rid of European Jews". Asif also claimed that as "peace talks are underway in Islamabad, genocide is being committed in Lebanon". "Innocent citizens are being killed by Israel, first Gaza, then Iran and now Lebanon, bloodletting continues unabated," Asif said.
Kuwait has accused Iran and its proxies of launching drone attacks targeting it on Thursday despite the two-week ceasefire in the Iran war, as Saudi Arabia said recent attacks damaged a key pipeline in the kingdom. The statement from Kuwait's foreign ministry, carried by the state-run KUNA news agency, put new pressure on the ceasefire ahead of planned talks on Saturday between the United States and Iran in Islamabad. Kuwait's foreign ministry said the drone attacks "targeted some vital Kuwaiti facilities" Thursday night. Meanwhile, Saudi Arabia's state-run Saudi Press Agency, quoting an anonymous official, acknowledged a recent attack in the war that damaged its crucial East-West pipeline. That pipeline carries oil out to the Red Sea and avoids the Strait of Hormuz, which Iran maintains a chokehold on despite the pause in the fighting. Earlier in a potential boost to Middle East ceasefire efforts, Israeli Prime Minister Benjamin Netanyahu said Thursday that he authorised direct .