Page 28 - Us Iran Tensions

'No nation will control Hormuz': Trump as he threatens to blow up Oman

Iran's Tasnim news agency cited a military source as saying that the Islamic Revolutionary Guards Navy fired toward a US oil tanker that was trying to transit the strait, forcing it to turn back

'No nation will control Hormuz': Trump as he threatens to blow up Oman

Iran's Tasnim news agency cited a military source as saying that the Islamic Revolutionary Guards Navy fired toward a US oil tanker that was trying to transit the strait, forcing it to turn back

US imposes sanctions on Iranian agency trying to control shipping in Hormuz

The Trump administration on Wednesday placed additional sanctions on Iran as part of a sprawling economic pressure campaign during the war, this time targeting the country's newly-created agency that is trying to control shipping through the Strait of Hormuz. The move, first reported by The Associated Press, is the latest US effort to use economic leverage on top of military action to push Iran's leadership into an agreement to end the war and open the waterway where a fifth of the world's oil and natural gas normally passes. President Donald Trump has said a deal is imminent, but talks are ongoing. It comes as rising energy prices and other costs stemming from Iran's effective closure of the strait have heaped political pressure on Trump and other Republicans ahead of the midterm congressional elections. "The Iranian military's latest attempt to extort global maritime trade is proof that Economic Fury has left the regime desperate for cash," Treasury Secretary Scott Bessent said in

US imposes sanctions on Iranian agency trying to control shipping in Hormuz

The Trump administration on Wednesday placed additional sanctions on Iran as part of a sprawling economic pressure campaign during the war, this time targeting the country's newly-created agency that is trying to control shipping through the Strait of Hormuz. The move, first reported by The Associated Press, is the latest US effort to use economic leverage on top of military action to push Iran's leadership into an agreement to end the war and open the waterway where a fifth of the world's oil and natural gas normally passes. President Donald Trump has said a deal is imminent, but talks are ongoing. It comes as rising energy prices and other costs stemming from Iran's effective closure of the strait have heaped political pressure on Trump and other Republicans ahead of the midterm congressional elections. "The Iranian military's latest attempt to extort global maritime trade is proof that Economic Fury has left the regime desperate for cash," Treasury Secretary Scott Bessent said in

Oil prices jump 2% after fresh US strikes on Iranian military site

Brent crude futures rose $1.90, or 2.02 per cent, to $96.19 a barrel by 0015 GMT, while the more active August contract gained $1.64 or 1.78 per cent, to $93.89

US launches fresh defensive strikes on Iran after drone threat near Hormuz

The US military on Wednesday conducted its second defensive strike this week against Iran after officials said they observed aggressive activity from the Iranian military. Two US officials told The Associated Press that US military forces shot down four Iranian drones and struck a base that was about to launch a fifth drone after determining they posed a threat to the Strait of Hormuz. The officials spoke on condition of anonymity in order to discuss sensitive military operations. President Donald Trump asserted on Wednesday that Iran is "negotiating on fumes" and insisted that November's midterm elections will not make him rush into a deal to end the nearly three-month-old conflict that has spurred unease across the global economy. Speaking at the start of a Cabinet meeting, Trump expressed confidence that a deal is near. Over the weekend, he even declared that his administration and Tehran had "largely negotiated" a settlement, though the talks are still in flux. The president i

US launches fresh defensive strikes on Iran after drone threat near Hormuz

The US military on Wednesday conducted its second defensive strike this week against Iran after officials said they observed aggressive activity from the Iranian military. Two US officials told The Associated Press that US military forces shot down four Iranian drones and struck a base that was about to launch a fifth drone after determining they posed a threat to the Strait of Hormuz. The officials spoke on condition of anonymity in order to discuss sensitive military operations. President Donald Trump asserted on Wednesday that Iran is "negotiating on fumes" and insisted that November's midterm elections will not make him rush into a deal to end the nearly three-month-old conflict that has spurred unease across the global economy. Speaking at the start of a Cabinet meeting, Trump expressed confidence that a deal is near. Over the weekend, he even declared that his administration and Tehran had "largely negotiated" a settlement, though the talks are still in flux. The president i

Iran deal may ease oil stress, but won't plug India's capital or AI gaps

While stabilising the currency may help contain the current crisis, India's ability to attract global capital will remain muted

Iran expands restrictions on distribution of news by int'l media outlets

Iran has expanded restrictions on distribution of news content from the country, directing international news outlets to restrict use of their content by Israeli media. A directive issued Tuesday to a group of international news outlets based in Tehran specified mandatory language to be included on "all submitted content, including photos, videos, reports, and other media productions". The instructions, which were sent to a number of news organisations including The Associated Press, came from the Ministry of Culture and Islamic Guidance, which oversees media activity. "Responsibility for failing to comply with this directive rests with the submitting media outlet," the instructions, translated from Farsi, noted. The new restrictions come three months after the United States and Israel launched attacks on Iran that grew into a continuing, occasionally flaring war in the region. President Donald Trump insisted a peace deal is close on the 88th day of the war, even as Iran on Tuesda

Iran expands restrictions on distribution of news by int'l media outlets

Iran has expanded restrictions on distribution of news content from the country, directing international news outlets to restrict use of their content by Israeli media. A directive issued Tuesday to a group of international news outlets based in Tehran specified mandatory language to be included on "all submitted content, including photos, videos, reports, and other media productions". The instructions, which were sent to a number of news organisations including The Associated Press, came from the Ministry of Culture and Islamic Guidance, which oversees media activity. "Responsibility for failing to comply with this directive rests with the submitting media outlet," the instructions, translated from Farsi, noted. The new restrictions come three months after the United States and Israel launched attacks on Iran that grew into a continuing, occasionally flaring war in the region. President Donald Trump insisted a peace deal is close on the 88th day of the war, even as Iran on Tuesda

Iran 'negotiating on fumes', says Trump, shrugs off midterms' impact on war

President Donald Trump asserted on Wednesday that Iran is "negotiating on fumes" and insisted that November's midterm elections won't make him rush into a deal to end the nearly three-month-old conflict that's spurred unease across the global economy. Speaking at the start of a Cabinet meeting, Trump expressed confidence that a deal is near. Over the weekend, he even declared that his administration and Tehran had "largely negotiated" a settlement, though the talks are still in flux. The president is looking for a settlement that will reopen the Strait of Hormuz and provide him with a credible argument that Iran's nuclear capability has been diminished enough to declare victory, winding down a conflict that's been politically unpopular for Republicans. But as things stand, Trump also risks finding that closure to his war of choice comes with an unsatisfactory ending. The emerging deal puts off many critical issues to be resolved later and has already exposed the Republican presiden

Iran 'negotiating on fumes', says Trump, shrugs off midterms' impact on war

President Donald Trump asserted on Wednesday that Iran is "negotiating on fumes" and insisted that November's midterm elections won't make him rush into a deal to end the nearly three-month-old conflict that's spurred unease across the global economy. Speaking at the start of a Cabinet meeting, Trump expressed confidence that a deal is near. Over the weekend, he even declared that his administration and Tehran had "largely negotiated" a settlement, though the talks are still in flux. The president is looking for a settlement that will reopen the Strait of Hormuz and provide him with a credible argument that Iran's nuclear capability has been diminished enough to declare victory, winding down a conflict that's been politically unpopular for Republicans. But as things stand, Trump also risks finding that closure to his war of choice comes with an unsatisfactory ending. The emerging deal puts off many critical issues to be resolved later and has already exposed the Republican presiden

AI spending to continue amid geopolitical uncertainty, says Gurnani

AIONOS Co-Founder C P Gurnani said companies will continue investing in AI and digital technologies despite geopolitical uncertainty and rising operational costs.

Israel-Hezbollah fighting escalates as US-Iran peace talks drag on

On Tuesday, Netanyahu said that he had deployed a large number of forces to capture additional territory in the country

US rejects Iranian media's report on 'draft deal' to restore Hormuz traffic

The remark came after Iranian state television reported that Tehran had committed to restoring commercial transit through the Strait of Hormuz to pre-war levels within one month

Stock Market Close: Sensex slips 142 pts, Nifty ends at 23,907; bank, financial stocks underperform

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices settled 0.42 per cent and 0.15 per cent higher, respectively

Oil outlook uncertain amid US-Iran deal hopes, supply pressure: Analyst

Reports of a possible US-Iran framework involving a ceasefire extension and steps to reopen Hormuz triggered a sharp 7 per cent single-session drop earlier this week

Brent to stay volatile amid US-Iran talks; $89-98 range in focus: Analyst

WTI futures traded below $93 per barrel mid-week, near a five-week low, as markets weighed optimism over ongoing US-Iran negotiations against renewed military operations in southern Iran

Oil prices fall as markets await clarity on US-Iran talks, Hormuz tensions

Brent crude futures fell $1.42, or 1.43 per cent, to $98.16 a barrel as of 0253 GMT, while US West Texas Intermediate (WTI) crude lost $1.66, or 1.77 per cent, to $92.23 a barrel