Page 18 - Us Iran Tensions

Investors ditch safe havens, turn to riskier debt on US-Iran truce hopes

Investors have also been snatching up junk bonds, although with a preference for the higher-rated end of the spectrum, implying that money managers still see risk ahead

West Asia conflict revives stagflation dangers for global economy

Whether the twin blows affecting growth and inflation seen in purchasing manager indexes after the first month of the Iran conflict intensified during month two will be a key focus

Iran reviewing US proposals, says Hormuz curbs to stay till war ends

Iran on saturday said that it is reviewing new proposals put forward by the US. Iran's Supreme National Security Council said in a statement that Pakistan's army chief Asim Munir, serving as an intermediary, presented the proposals to Iran when he recently visited Tehran, and they were still under review. It was not revealed what was in the proposals. The council said Iran has yet to respond, but further talks would require the US to abandon "excessive demands and adjust its requests to the realities on the ground." It also said that Iran will maintain full control over traffic through the Strait of Hormuz until "the war fully ends and lasting peace is achieved in the region," adding that it would collect detailed information on passing vessels, issue transit certificates and impose tolls. The council added that it considered the US naval blockade a violation of the ceasefire, and there would be no reopening of the Strait of Hormuz until that was lifted. Meanwhile, US President D

Trump warns Iran, says Tehran cannot 'blackmail' US over Strait of Hormuz

Earlier, the global hope for a stable energy corridor was short-lived as Iran's Revolutionary Guard Corps (IRGC) on Saturday reimposed a strict naval blockade on the Strait of Hormuz

India summons Iranian envoy after firing on its vessels in Hormuz

As per reports, Iran's Islamic Revolutionary Guard Corps (IRGC) had carried out at least three attacks on commercial ships in the strait since Saturday morning

Tensions high in Hormuz as Iran hits ships, US blockade turns back vessels

Tensions gripped West Asia as uncertainty over the Strait of Hormuz deepened, with Iran claiming control and hitting vessels, while the US military moved in parallel to regulate traffic

No date set for next US talks: Iran deputy foreign minister Khatibzadeh

The highest-level US-Iran talks since the 1979 Islamic Revolution ended in Islamabad without agreement last weekend

Indian vessels turn back as Iran gunboats fire on tanker in Hormuz: Report

Two Indian vessels have had to reverse course in the Strait of Hormuz following reports of gunfire from Iran's Revolutionary Guard, a vessel-tracker said. TankerTrackers.com said the vessels include an Indian-flagged super tanker, carrying 2 million barrels of Iraqi oil. Earlier, the British military said two gunboats from Iran's Revolutionary Guard opened fire on a tanker transiting the Strait of Hormuz after Iran said it had reimposed restrictions on the vital waterway. The United Kingdom Maritime Trade Operations Centre said the tanker and crew were reported safe, without identifying the vessel or its destination. Iran said earlier it was reimposing restrictions on the strait in response to a US blockade on Iranian shipping and ports. Iran has prevented vessels from crossing throughout the seven-week-long war, except for ones it authorises.

Govt responds to West Asia shipping insurance spike with ₹13k cr pool

The pool would cover all maritime risks like Hull and Machinery, Cargo, P&I and War risk, a statement by the cabinet said

Iran rejects Trump claim, says it will not hand over enriched uranium to US

Iranian Deputy Foreign Minister Saeed Khatibzadeh dismissed claims from US President Donald Trump over the uranium and sounded a note of caution with regard to future talks between the two countries. Speaking to the Associated Press in the Turkish city of Antalya, Khatibzadeh said the Iranians were not ready for a new round of face-to-face talks with the US because the Americans "have not abandoned their maximalist position." On Friday, Trump said the US will go into Iran and "get all the nuclear dust," referring to the 970 pounds (440 kilograms) of enriched uranium believed to be buried under nuclear sites badly damaged by US military strikes last year.

Iran reimposes restrictions on Hormuz, accuses US of violating deal

Iran swiftly reversed course on reopening the Strait of Hormuz, reimposing restrictions on the critical waterway on Saturday after the US said the move would not end its blockade. The country's joint military command said on Saturday that it "control of the Strait of Hormuz has returned to its previous state ... under strict management and control of the armed forces." It warned that it would continue to block transit through the strait as long as the US blockade of Iranian ports remained in effect. The announcement came the morning after US President Donald Trump said the American blockade "will remain in full force" until Tehran reaches a deal with the US, including on its nuclear programme.

Iran reimposes restrictions on Hormuz, accuses US of violating deal

Iran swiftly reversed course on reopening the Strait of Hormuz, reimposing restrictions on the critical waterway on Saturday after the US said the move would not end its blockade. The country's joint military command said on Saturday that it "control of the Strait of Hormuz has returned to its previous state ... under strict management and control of the armed forces." It warned that it would continue to block transit through the strait as long as the US blockade of Iranian ports remained in effect. The announcement came the morning after US President Donald Trump said the American blockade "will remain in full force" until Tehran reaches a deal with the US, including on its nuclear programme.

Iran partially reopens airspace after 7 week shutdown amid ceasefire

Iran on Saturday announced a partial reopening of its airspace after a seven-week hiatus because of the war, state media reported. The Civil Aviation Organisation said air routes over eastern Iran were reopened at 7 am (0330 GMT), according to the state-owned IRAN newspaper. It said flights at the country's airports would gradually resume, but did not give a timeframe. Iran's airspace had been closed since the US and Israel began striking Iran on Feb. 28. The partial reopening has come more than a week into a ceasefire between Iran and the US.

Iran partially reopens airspace after 7 week shutdown amid ceasefire

Iran on Saturday announced a partial reopening of its airspace after a seven-week hiatus because of the war, state media reported. The Civil Aviation Organisation said air routes over eastern Iran were reopened at 7 am (0330 GMT), according to the state-owned IRAN newspaper. It said flights at the country's airports would gradually resume, but did not give a timeframe. Iran's airspace had been closed since the US and Israel began striking Iran on Feb. 28. The partial reopening has come more than a week into a ceasefire between Iran and the US.

Greek, Indian tankers make U-turn near Hormuz over reopening uncertainty

Greek and Indian tankers had all made their journeys northeast toward Hormuz from waters off Dubai, filled with crude, before they began turning around on Saturday morning

Won't impose 'traditional fees' on passage of ships through Hormuz: Iran

Spokesman for Iran's National Security Committee, Ebrahim Rezaei stated that vessels would only be allowed to pass through Hormuz in coordination with Iranian authorities

Won't impose 'traditional fees' on passage of ships through Hormuz: Iran

Spokesman for Iran's National Security Committee, Ebrahim Rezaei stated that vessels would only be allowed to pass through Hormuz in coordination with Iranian authorities

Assassination and statecraft: US objectives unmet, Iran grows tougher

American objectives are unmet. They neither have the muscle nor motivation to resume the war. As for Iran, the regime hasn't just survived, it's now led by more radical individuals

India spreads LNG supply basket to Africa, barred Russian projects

Importers explore cargoes from Russia and Norway as Qatar supply disruptions and geopolitical tensions force diversification and raise questions over sanctioned LNG sourcing

US extends waiver allowing India, others to buy Russian oil till May 16

The waiver comes despite earlier US reluctance, as war-linked supply disruptions and Strait of Hormuz curbs push oil prices higher and test Western efforts to restrict Russia's revenues