Vance, a longtime skeptic of US involvement in foreign wars, has taken a leading role in negotiating a settlement to the conflict and brokered a provisional peace deal in June that quickly fell apart
Vance, a longtime skeptic of US involvement in foreign wars, has taken a leading role in negotiating a settlement to the conflict and brokered a provisional peace deal in June that quickly fell apart
Aramco CEO Amin Nasser warned that global oil stocks are 'scarily thin' and said rebuilding inventories after the crisis could take up to two years
The rare admission from Mohsen Rezaei, the security chief, came weeks after the US tightened sanctions and its naval blockade
The rare admission from Mohsen Rezaei, the security chief, came weeks after the US tightened sanctions and its naval blockade
Gold and silver are set for another bout of turbulence in the coming week, as movement in the US dollar and unresolved US-Iran tensions cloud the outlook, analysts said. On the domestic front, investors will watch the Reserve Bank of India's monetary policy decision on Wednesday, with a 25 basis points rate hike expected. Services PMI data from major economies, US trade figures and mid-month consumer sentiment data due later in the week will also provide cues to bullion prices. The unresolved US-Iran situation will add another layer of uncertainty for precious metals, they added. On the Multi Commodity Exchange (MCX), gold futures for December delivery declined Rs 2,887, or 2 per cent, during the holiday-shortened week to end at Rs 1.5 lakh per 10 grams, while silver dropped Rs 8,819, or nearly 4 per cent, to Rs 2.25 lakh per kilogram. "MCX gold remained under pressure last week, declining around 2 per cent as a stronger US dollar and rising bond yields intensified profit-booking .
Iran's parliament speaker Mohammad Baqer Qalibaf said the Strait of Hormuz will remain closed until Washington meets seven conditions agreed under a June interim pact
Iran's parliament speaker Mohammad Baqer Qalibaf said the Strait of Hormuz will remain closed until Washington meets seven conditions agreed under a June interim pact
The US president said the situation was "working out very well" and predicted oil prices would fall once the Iran conflict ends, without giving details of his next steps or a timeline
The US president said the situation was "working out very well" and predicted oil prices would fall once the Iran conflict ends, without giving details of his next steps or a timeline
The Indian Embassy in Oman coordinated the rescue of five Indian nationals aboard the crude oil tanker MT Kazimah III after it was struck by a projectile in the Strait of Hormuz
The Indian Embassy in Oman coordinated the rescue of five Indian nationals aboard the crude oil tanker MT Kazimah III after it was struck by a projectile in the Strait of Hormuz
A total of 19 LNG cargoes were shipped through the key waterway in September, made up of 13 from Qatar and six from the United Arab Emirates, S&P Global Energy said
A total of 19 LNG cargoes were shipped through the key waterway in September, made up of 13 from Qatar and six from the United Arab Emirates, S&P Global Energy said
The UNDP warned the next couple of months will be particularly important for governments that have deployed price caps, subsidies and tax rebates as oil near $100-a-barrel
The UNDP warned the next couple of months will be particularly important for governments that have deployed price caps, subsidies and tax rebates as oil near $100-a-barrel
RTX secured a five-year US Navy contract to accelerate production of SM-6 missiles as Washington seeks to replenish weapons stockpiles amid Iran war
RTX secured a five-year US Navy contract to accelerate production of SM-6 missiles as Washington seeks to replenish weapons stockpiles amid Iran war
The US military is dispatching roughly 9,000 troops aboard a group of ships to the Middle East, a US official said Thursday. The bolstering of the American military presence comes as President Donald Trump warned that new strikes against Iran could be on the horizon. The troop movement, which includes a third aircraft carrier, underscores the rapidly evolving dynamic of Trump's war against Iran as he ponders his next move, with midterm elections in the United States looming large and new signs that the nature of the conflict may be becoming more complex. Trump has threatened that a post-midterm election escalation - despite his initial promises to Americans of a campaign that would last a matter of weeks - remains a viable option. Further complicating matters, Trump told reporters Thursday that early indications suggest that Iran is linked to the FlyDubai co-pilot who stabbed his captain and tried to crash an Israel-bound flight on Wednesday. In an exchange with reporters at the Whi
The US military is dispatching roughly 9,000 troops aboard a group of ships to the Middle East, a US official said Thursday. The bolstering of the American military presence comes as President Donald Trump warned that new strikes against Iran could be on the horizon. The troop movement, which includes a third aircraft carrier, underscores the rapidly evolving dynamic of Trump's war against Iran as he ponders his next move, with midterm elections in the United States looming large and new signs that the nature of the conflict may be becoming more complex. Trump has threatened that a post-midterm election escalation - despite his initial promises to Americans of a campaign that would last a matter of weeks - remains a viable option. Further complicating matters, Trump told reporters Thursday that early indications suggest that Iran is linked to the FlyDubai co-pilot who stabbed his captain and tried to crash an Israel-bound flight on Wednesday. In an exchange with reporters at the Whi