Pakistan Prime Minister Shehbaz Sharif on Tuesday clarified that the memorandum of understanding (MoU) signed between the US and Iran does not contain any provision related to Tehran's ballistic missile programme. Sharif made these remarks following delegation-level talks during a joint press conference with Iranian President Masoud Pezeshkian, who was in Pakistan for a one-day state visit. Responding to a question about Iran's nuclear and missile technology, Sharif stated that he would say "without fear of contradiction that Iran's ballistic missile program was not a subject of discussion between the US and Iran...It was not on the table." "It is not possible that others have missiles and Iran does not have them," he said. Iran's missile programme remains a major concern for Israel, which faced hundreds of missiles during the recent conflict. "Our missiles do not like at all to be talked about by anyone," Iranian Foreign Ministry spokesman Esmaeil Baqaei said in an interview with
Pakistan Prime Minister Shehbaz Sharif on Tuesday clarified that the memorandum of understanding (MoU) signed between the US and Iran does not contain any provision related to Tehran's ballistic missile programme. Sharif made these remarks following delegation-level talks during a joint press conference with Iranian President Masoud Pezeshkian, who was in Pakistan for a one-day state visit. Responding to a question about Iran's nuclear and missile technology, Sharif stated that he would say "without fear of contradiction that Iran's ballistic missile program was not a subject of discussion between the US and Iran...It was not on the table." "It is not possible that others have missiles and Iran does not have them," he said. Iran's missile programme remains a major concern for Israel, which faced hundreds of missiles during the recent conflict. "Our missiles do not like at all to be talked about by anyone," Iranian Foreign Ministry spokesman Esmaeil Baqaei said in an interview with
US President Donald Trump and Vice President JD Vance say their interim deal to end the war with Iran will deliver a financial windfall to American farmers. But the Iranians deny it. And, in the absence of more details, sanctions experts are flummoxed over exactly how billions of dollars' worth of Iranian assets would make their way to the American heartland from the escrow accounts where they have been locked for years by US sanctions. A tentative agreement reached last week would reopen the Strait of Hormuz, through which a fifth of the world's oil and natural gas once passed, and allow Iran to start selling its oil freely again during a 60-day period when the two countries will continue negotiating key issues. The memorandum of understanding also promised to unfreeze Iranian assets. Trump's deal has come under fire for failing to address the reasons the president cited for going to war with Iran on February 28, including curbing Tehran's nuclear ambitions, its missile programme a
US President Donald Trump and Vice President JD Vance say their interim deal to end the war with Iran will deliver a financial windfall to American farmers. But the Iranians deny it. And, in the absence of more details, sanctions experts are flummoxed over exactly how billions of dollars' worth of Iranian assets would make their way to the American heartland from the escrow accounts where they have been locked for years by US sanctions. A tentative agreement reached last week would reopen the Strait of Hormuz, through which a fifth of the world's oil and natural gas once passed, and allow Iran to start selling its oil freely again during a 60-day period when the two countries will continue negotiating key issues. The memorandum of understanding also promised to unfreeze Iranian assets. Trump's deal has come under fire for failing to address the reasons the president cited for going to war with Iran on February 28, including curbing Tehran's nuclear ambitions, its missile programme a
Eleven India-bound ships have transited through the Strait of Hormuz after the US and Iran finalised a Memorandum of Understanding (MoU) to end the West Asia conflict, the Ministry of External Affairs (MEA) said on Tuesday. With the US withdrawing sanctions on Iranian petroleum products as part of the peace deal, New Delhi said it is monitoring the developments in West Asia and that its energy sourcing is guided by national interest. "As of today, we have 10 Indian-flagged vessels still in the Persian Gulf region. In addition, two have recently arrived there," MEA spokesman Randhir Jaiswal said at a media briefing. "Since the signing of the MoU on June 17, 11 India bound vessels have transited through the Strait of Hormuz," he said. The vessels include three Indian-flagged crude oil tankers, each carrying over 285,000 MT (Metric Tonnes) of crude oil; one foreign-flagged LPG carrier, one foreign-flagged crude oil tanker and six foreign-flagged bulk carriers , carrying fertilisers, h
India's energy security depends on diversifying both suppliers and transport routes as West Asia tensions expose risks linked to the Strait of Hormuz
Trump says Iran agreed to inspections; Tehran refutes claims
Trump asserted that the Iranian leadership had conceded significant ground during the ongoing diplomatic talks
The breakthrough could ease pressure on oil markets, secure shipping through the Strait of Hormuz, and help shield India from higher import costs and inflation
Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap settled 1.05 per cent and 0.48 per cent down, respectively
Oil prices will remain volatile, but we expect Brent to move into the $80-$90 range, says Jim Burkhard, vice-president and head of research for oil markets, energy and mobility at S&P Global Energy.
US President Donald Trump said "respect" from Iran would be key to sustaining peace after the end of the Iran-Israel war, expressing optimism about fully reopening the Strait of Hormuz to create "an oil gusher". "As long as they respect us, I don't want to use the word fear because that's an inappropriate word, but as long as they respect us, we're not going to have any trouble," Trump told reporters at his Oval Office on Monday. Iran effectively closed the strait after the US and Israel attacked on Feb 28, causing fuel prices to skyrocket far beyond the region. The interim agreement to end the war was supposed to reopen the channel. Dozens of ships passed through it over the weekend, even though the main route is still mined and closed. The lead negotiator of the Iranian delegation, Iran's parliamentary speaker, Mohammad Bagher Ghalibaf, insisted on Monday that the Strait of Hormuz will be managed by Iran, but following international laws. "Hopefully we can activate the strait aga
US President Donald Trump said "respect" from Iran would be key to sustaining peace after the end of the Iran-Israel war, expressing optimism about fully reopening the Strait of Hormuz to create "an oil gusher". "As long as they respect us, I don't want to use the word fear because that's an inappropriate word, but as long as they respect us, we're not going to have any trouble," Trump told reporters at his Oval Office on Monday. Iran effectively closed the strait after the US and Israel attacked on Feb 28, causing fuel prices to skyrocket far beyond the region. The interim agreement to end the war was supposed to reopen the channel. Dozens of ships passed through it over the weekend, even though the main route is still mined and closed. The lead negotiator of the Iranian delegation, Iran's parliamentary speaker, Mohammad Bagher Ghalibaf, insisted on Monday that the Strait of Hormuz will be managed by Iran, but following international laws. "Hopefully we can activate the strait aga
Sellers including middlemen and representatives from the National Iranian Oil Co. made contact with refiners in India, Japan, South Korea and elsewhere even before the license was officially granted
Sellers including middlemen and representatives from the National Iranian Oil Co. made contact with refiners in India, Japan, South Korea and elsewhere even before the license was officially granted
Iran's Parliament Speaker Mohammad Bagher Ghalibaf said Iran would exercise control over the key maritime passage going forward
Iran's Parliament Speaker Mohammad Bagher Ghalibaf said Iran would exercise control over the key maritime passage going forward
Speaking to reporters ahead of his departure from Switzerland, Vance said significant steps had been taken to establish mechanisms aimed at ensuring stability in the region
Speaking to reporters ahead of his departure from Switzerland, Vance said significant steps had been taken to establish mechanisms aimed at ensuring stability in the region
The Pentagon has told senators it needs roughly USD 80 billion, mostly to cover the cost of the US war against Iran, adding to what is already a sizable military spending boost being sought by President Donald Trump. The White House Office of Management and Budget has yet to make a formal request to Congress. But Defence Secretary Pete Hegseth has been making the rounds on Capitol Hill, including Monday evening. A top deputy defence secretary told senators about the Iran funding request last week, according to two people familiar with the situation but not authorised to discuss it publicly. The Wall Street Journal first reported on the developments. Push for Pentagon money faces skeptical lawmakers --------------------------------------------------------- The push for billions of dollars in Iran war funding comes at a fraught political moment. Lawmakers are skeptical of the deal Trump struck with Iran to bring an end to the war, and wary of next steps. The White House has reques