Vessel traffic through the key oil-shipping waterway fell to seven on Wednesday from 12 a day earlier and remained well below the 10-day average of 14, preliminary ship tracking data showed
Vessel traffic through the key oil-shipping waterway fell to seven on Wednesday from 12 a day earlier and remained well below the 10-day average of 14, preliminary ship tracking data showed
Trump accused Tehran of trying to influence American voters in hopes of bringing a weaker administration to power and pursuing its nuclear ambitions
Trump accused Tehran of trying to influence American voters in hopes of bringing a weaker administration to power and pursuing its nuclear ambitions
Multiple explosions were reported across Iran's coastal regions, including Qeshm Island, Sirik and Minab, while reports also emerged of blasts at a Saudi air base and in the city of Taif
Multiple explosions were reported across Iran's coastal regions, including Qeshm Island, Sirik and Minab, while reports also emerged of blasts at a Saudi air base and in the city of Taif
Brent crosses the $100 mark as attacks on shipping near the Strait of Hormuz intensify, raising concerns over deeper disruptions to global oil supplies
Brent crosses the $100 mark as attacks on shipping near the Strait of Hormuz intensify, raising concerns over deeper disruptions to global oil supplies
Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.51 per cent and 0.48 per cent lower, respectively.
The latest escalation comes as the US and Iran exchange strikes, with Washington targeting Iranian oil tankers and Tehran retaliating against US forces stationed in Jordan
The US military has destroyed five Iranian crude oil tankers following attacks on a US warship by Iran's Revolutionary Guard, US Central Command said in a social media post on Tuesday. The US strikes were in response to two Iranian efforts to hit the warship with ballistic missiles over the past two days, the statement added. Iranian state television also reported the strikes, saying US forces attacked at least three Iranian oil tankers near the southern port of Jask and near Kharg Island in the Persian Gulf. It said the crews were evacuated. The latest tit-for-tat strikes come as Washington and Tehran lurch back toward fighting during more than six months of war. Secretary of State Marco Rubio said the US will not allow Iran's attacks to go unanswered. "Iran continues to try to hit US naval ships. And for every time they do that or try to do that, they're going to lose tankers. And I think you'll see that again today," Rubio told reporters on Tuesday when asked about the latest .
The US military has destroyed five Iranian crude oil tankers following attacks on a US warship by Iran's Revolutionary Guard, US Central Command said in a social media post on Tuesday. The US strikes were in response to two Iranian efforts to hit the warship with ballistic missiles over the past two days, the statement added. Iranian state television also reported the strikes, saying US forces attacked at least three Iranian oil tankers near the southern port of Jask and near Kharg Island in the Persian Gulf. It said the crews were evacuated. The latest tit-for-tat strikes come as Washington and Tehran lurch back toward fighting during more than six months of war. Secretary of State Marco Rubio said the US will not allow Iran's attacks to go unanswered. "Iran continues to try to hit US naval ships. And for every time they do that or try to do that, they're going to lose tankers. And I think you'll see that again today," Rubio told reporters on Tuesday when asked about the latest .
Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap rose 0.21 per cent and 0.17 per cent, respectively
Iran early Tuesday introduced a higher price for its heaviest users of gasoline, state media reported, in the latest economic pinch caused by months of war. It's the second such hike since December. Such gas price increases can be sensitive and contribute to inflation. An increase in 2019 sparked nationwide protests and a crackdown that reportedly killed more than 300 people. Without specifically mentioning the war with the United States, the government's announcement cited the "current situation", adding that the extra money from the price increase will be given to households. Under the new system, people buying more than their quota of 110 litres (29 gallons) of gasoline a month now must pay 100,000 rials (about 7 cents) per litre, or twice as much as they have been paying since December. Iran still has some of the world's lowest gasoline prices, but the price increase adds to daily pressures for many of the country's more than 90 million people. Already, the currency has been .
In a post on his Truth Social platform, Trump linked high energy costs directly to ongoing military operations in the West Asia, asserting that post-war markets would stabilise rapidly
In a post on his Truth Social platform, Trump linked high energy costs directly to ongoing military operations in the West Asia, asserting that post-war markets would stabilise rapidly
Rising crude prices are squeezing fuel marketing margins and could widen India's oil import bill, while attacks in West Asia raise concerns over supplies through the Strait of Hormuz
Iran has tightened restrictions on shipping through the Strait of Hormuz, a critical artery for global oil and gas supplies, since the war began with U.S. and Israeli strikes on February 28.
Iran has tightened restrictions on shipping through the Strait of Hormuz, a critical artery for global oil and gas supplies, since the war began with U.S. and Israeli strikes on February 28.
Iran said Sunday it struck an unmanned US vessel trying to enter the Strait of Hormuz, a claim that the US military dismissed as a "total lie." The purported attack came a day after the US military said forces struck three Iranian oil tankers in response to Navy warships being targeted with ballistic missiles. Experts called it a dangerous escalation after Iran's previous attacks at sea targeted commercial shipping. The war began with US and Israeli attacks on Iran on February 28. But since a fragile ceasefire agreement was announced in June, on-and-off fighting has persisted, with both sides trying to inflict military and economic pain as negotiations have collapsed. Strikes came about a week after fighting resumed ------------------------------------------------------- The United States and Iran resumed attacks last week, following a month of relative calm, with the Strait of Hormuz and areas along Iran's southern coast again being targeted. At least five people were killed ear