Trump noted China's reliance on oil shipments through the Strait of Hormuz and said Beijing has maintained a respectful stance regarding the ongoing situation
Trump noted China's reliance on oil shipments through the Strait of Hormuz and said Beijing has maintained a respectful stance regarding the ongoing situation
The remarks come after a sharp rebuke from the UAE, which denounced the 'renewed unprovoked Iranian aggression' involving the deployment of drones and missiles
The remarks come after a sharp rebuke from the UAE, which denounced the 'renewed unprovoked Iranian aggression' involving the deployment of drones and missiles
MSCI's broadest index of Asia-Pacific shares outside Japan jumped 2.3 per cent to a fresh record, led by a 5.1 per cent surge in South Korea's Kospi
Trump cited 'Great Progress' toward 'a Complete and Final Agreement with Representatives of Iran', however, he added that a US blockade would 'remain in full force and effect'
Trump cited 'Great Progress' toward 'a Complete and Final Agreement with Representatives of Iran', however, he added that a US blockade would 'remain in full force and effect'
US State Secy Marco Rubio stated that the proposal comes at the direction of US President Donald Trump in conjunction with Bahrain, Saudi Arabia, the United Arab Emirates, Kuwait, and Qatar
US State Secy Marco Rubio stated that the proposal comes at the direction of US President Donald Trump in conjunction with Bahrain, Saudi Arabia, the United Arab Emirates, Kuwait, and Qatar
US Secretary of State Marco Rubio said Tuesday that major US military operations against Iran are over - but he stopped short of saying the conflict cannot be restarted. Rubio told reporters at the White House that "Operation Epic Fury" - the attack the US and Israel mounted on Iran on Feb. 28 - "is concluded" because its objectives were met. Rubio said recent clashes with Iran related to US efforts to reopen the Strait of Hormuz were "defensive in nature." "We're not cheering for an additional situation to occur," he said. "We would prefer the path of peace." He said Iran must agree to President Donald Trump's demands on its nuclear program and reopen the strait, a waterway vital to global oil and gas supplies. US forces pressed ahead with an effort to guide commercial ships through the strait, but so far only two vessels are known to have passed through. Defence Secretary Pete Hegseth said the US prefers a peaceful effort to guide vessels out of the Persian Gulf but is ready to ac
US Secretary of State Marco Rubio said Tuesday that major US military operations against Iran are over - but he stopped short of saying the conflict cannot be restarted. Rubio told reporters at the White House that "Operation Epic Fury" - the attack the US and Israel mounted on Iran on Feb. 28 - "is concluded" because its objectives were met. Rubio said recent clashes with Iran related to US efforts to reopen the Strait of Hormuz were "defensive in nature." "We're not cheering for an additional situation to occur," he said. "We would prefer the path of peace." He said Iran must agree to President Donald Trump's demands on its nuclear program and reopen the strait, a waterway vital to global oil and gas supplies. US forces pressed ahead with an effort to guide commercial ships through the strait, but so far only two vessels are known to have passed through. Defence Secretary Pete Hegseth said the US prefers a peaceful effort to guide vessels out of the Persian Gulf but is ready to ac
Trump said on Tuesday while the operation to reopen the Strait of Hormuz will be paused, the blockade will remain in force
President Donald Trump has suspended "Project Freedom," to escort ships through the Strait of Hormuz, claiming progress in negotiations with Iran toward an agreement to end the war. In a post on Truth Social, Trump said, "Great progress has been made toward a complete and final agreement withrepresentatives of Iran." "Based on the request of Pakistan and other Countries, the tremendous Military Success that we have had during the Campaign against the Country of Iran and, additionally, the fact that Great Progress has been made toward a Complete and Final Agreement with Representatives of Iran, we have mutually agreed that, while the Blockade will remain in full force and effect, Project Freedom (The Movement of Ships through the Strait of Hormuz) will be paused for a short period of time to see whether or not the Agreement can be finalized and signed," Trump said.
The rupee hits a record low as crude oil prices surge amid West Asia tensions, raising concerns over inflation, import costs, and widening current account deficit
US forces launched an effort to guide commercial ships through the Strait of Hormuz on Tuesday, with the first two ships, both American-flagged merchant vessels, sailing through unscathed. Joint Chiefs Chairman Dan Caine said the safety corridor in the key waterway for oil and gas transport involves guided-missile destroyers, more than 100 aircraft and 15,000 service members. Defence Secretary Pete Hegseth said the forces prefer a peaceful effort to "guide" the more than 22,500 mariners stuck on more than 1,550 vessels out of the Persian Gulf, but are ready if needs change. "This is a temporary mission for us," Hegseth said. "We expect the world to step up." Iran has denounced the move as a ceasefire violation. It is unclear what will follow. The US Central Command said Iran earlier launched multiple cruise missiles, drones and small boats at civilian ships under the US military's protection, and that US helicopters sank six small boats involved in the attacks. It denied Iranian ...
Stock market crash today: Sensex drops 750 pts, Nifty falls below 24,000 intraday as renewed US-Iran tensions, crude oil above $110, weak rupee, and FII selling drag markets on May 5
Sensex Today | Stock Market LIVE Updates Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.17 per cent and 0.28 per cent higher, respectively
Violence had erupted after US President Donald Trump announced "Project Freedom," which he described as a humanitarian effort to guide neutral ships stranded in the Gulf through Hormuz
Violence had erupted after US President Donald Trump announced "Project Freedom," which he described as a humanitarian effort to guide neutral ships stranded in the Gulf through Hormuz
The helicopters were deployed to carry out armed patrol, escort and rapid-response strike missions against fast-moving small craft targeting merchant vessels and warships