Page 3 - Us Iran Tensions

Bahrain accuses Iran of launching new drone attack on its territory

Bahrain accused Iran on Saturday of launching a new drone attack targeting the island nation. A statement from Bahrain's Foreign Ministry said a "number of Iranian drones" targeted the country. It did not elaborate on the target. Iran did not immediately acknowledge launching an attack. Bahrain is home to the US Navy's 5th Fleet.

Bahrain accuses Iran of launching new drone attack on its territory

Bahrain accused Iran on Saturday of launching a new drone attack targeting the island nation. A statement from Bahrain's Foreign Ministry said a "number of Iranian drones" targeted the country. It did not elaborate on the target. Iran did not immediately acknowledge launching an attack. Bahrain is home to the US Navy's 5th Fleet.

Israel, Lebanon reach framework deal to end conflict, advance peace talks

Israel will maintain a "security zone" along the boundaries of the yellow line, which marks a seized territory that stretches some 10 kilometers (6.2 miles) into Lebanon from the Israeli border

Pak emerged as 'peacemaker' after mediating Iran-US deal: PM Shehbaz Sharif

Prime Minister Shehbaz Sharif on Saturday said that Pakistan has emerged as a "peacemaker" in the world after its efforts for peace in West Asia culminated in the signing of an agreement between the US and Iran. The US and Iran have agreed on a roadmap aimed at reaching a final agreement within 60 days after talks mediated by Qatar and Pakistan, held in Switzerland last week. The high-level talks were held under the framework of the Islamabad Memorandum of Understanding (MoU), signed by the US and Iran on June 18. Addressing the passing out parade of cadets at the Pakistan Naval Academy in Karachi, Sharif said that the recent trip of Iranian President Masoud Pezeshkian was an acknowledgement of Pakistan's important role in promoting peace in the region. Sharif said that Pakistan was navigating conflicts and multi-faceted security challenges, marked by a dangerous combination of international and internal threats. He also accused India of using "proxies" to undermine the stability

Pak emerged as 'peacemaker' after mediating Iran-US deal: PM Shehbaz Sharif

Prime Minister Shehbaz Sharif on Saturday said that Pakistan has emerged as a "peacemaker" in the world after its efforts for peace in West Asia culminated in the signing of an agreement between the US and Iran. The US and Iran have agreed on a roadmap aimed at reaching a final agreement within 60 days after talks mediated by Qatar and Pakistan, held in Switzerland last week. The high-level talks were held under the framework of the Islamabad Memorandum of Understanding (MoU), signed by the US and Iran on June 18. Addressing the passing out parade of cadets at the Pakistan Naval Academy in Karachi, Sharif said that the recent trip of Iranian President Masoud Pezeshkian was an acknowledgement of Pakistan's important role in promoting peace in the region. Sharif said that Pakistan was navigating conflicts and multi-faceted security challenges, marked by a dangerous combination of international and internal threats. He also accused India of using "proxies" to undermine the stability

Iran says it struck US-linked targets in response to American attacks

Iran ​did not identify the targets ​or say where ‌they were located

Iran says it struck US-linked targets in response to American attacks

Iran ​did not identify the targets ​or say where ‌they were located

US strikes Iran after drone attack on cargo ship in Strait of Hormuz

The US struck Iran on Friday in response to a drone attack a day earlier on a cargo ship in the Strait of Hormuz. It's the most significant test yet to an interim understanding reached a week ago by the two countries to begin working to end their months-long war and reopen the pivotal waterway. US President Donald Trump said the drone attack violated the ceasefire. The strikes came shortly after Trump told reporters, "You'll find out," whether the US would respond. US Central Command said the military struck missile and drone locations and coastal radar sites in Iran. "I don't like the fact that they took a shot yesterday, actually four of them," Trump said at the White House shortly before the US struck back. When asked why there would be strikes when Trump has insisted talks with Tehran are going well, Trump said of Iran, "They're a little bit different." He then abruptly cut off questions and reporters were ushered out of his office. Ebrahim Azizi, who heads the Iranian ...

US strikes Iran after drone attack on cargo ship in Strait of Hormuz

The US struck Iran on Friday in response to a drone attack a day earlier on a cargo ship in the Strait of Hormuz. It's the most significant test yet to an interim understanding reached a week ago by the two countries to begin working to end their months-long war and reopen the pivotal waterway. US President Donald Trump said the drone attack violated the ceasefire. The strikes came shortly after Trump told reporters, "You'll find out," whether the US would respond. US Central Command said the military struck missile and drone locations and coastal radar sites in Iran. "I don't like the fact that they took a shot yesterday, actually four of them," Trump said at the White House shortly before the US struck back. When asked why there would be strikes when Trump has insisted talks with Tehran are going well, Trump said of Iran, "They're a little bit different." He then abruptly cut off questions and reporters were ushered out of his office. Ebrahim Azizi, who heads the Iranian ...

Donald Trump says Iran attacks on ships 'a foolish violation' of ceasefire

US President says Iran launched four one-way attack drones at ships transiting the Strait of Hormuz, with one striking the upper deck of a cargo vessel

India Inc profit hit from West Asia crisis to halve if truce holds: Crisil

The profitability impact of the recent West Asia conflict on corporate India is likely to be about half as severe as initially feared if the US-Iran ceasefire holds and energy supplies continue to normalise, Crisil Ratings said. The ratings agency said it now expects the conflict to shave around 100 basis points off India Inc's operating margins in fiscal 2027, compared with its earlier estimate of a 200-basis-point hit under a prolonged conflict scenario that included disruption to shipping through the Strait of Hormuz. The revised outlook follows a sharp correction in crude oil prices after the reopening of the Strait of Hormuz under a fragile US-Iran memorandum of understanding, although Crisil cautioned that geopolitical risks remain elevated and gas supplies could take longer to normalise. "If the armistice sustains, two-thirds of the 34 sectors (we assessed) will see minimal disruption, with margin recovery in the second half mostly offsetting pressures of the first half," sai

Strait of Hormuz reopens, but Iran wants to control shipping routes

Ships are moving through the Strait of Hormuz again, yet Iran's opposition to UN-backed routes shows the conflict has shifted to control over maritime access

US Secretary of State Marco Rubio ends Gulf tour as allies share Iran woes

Marco Rubio sought to reassure Gulf allies that any US-Iran agreement would protect regional security and preserve free navigation through the Strait of Hormuz

Govt relaxes LPG distribution curbs for industrial users as Hormuz reopens

The Centre has restored non-domestic LPG supplies to pre-conflict levels and partially resumed bulk LPG allocations as energy supplies improve following the reopening of the Strait of Hormuz

Iran to accept oil payments in any currency: What it could mean for India

Iran's central bank said oil export payments are not limited to the US dollar, highlighting greater flexibility as negotiations with Washington move forward

Hormuz reopening quickly floods oil markets with supply, weighing on prices

An increase in crude shipments from the Persian Gulf, combined with weak Chinese demand and inventory releases, is putting downward pressure on oil prices worldwide

US would reject Iran deal with shipping tolls on Hormuz: Trump warns Tehran

Iran sought to claim control of the strait after US and Israel launched strikes, denying passage to ships that hadn't been pre-authorised and effectively shutting down the waterway

US would reject Iran deal with shipping tolls on Hormuz: Trump warns Tehran

Iran sought to claim control of the strait after US and Israel launched strikes, denying passage to ships that hadn't been pre-authorised and effectively shutting down the waterway

White House seeks $87.6 bn for Iran war, farmers' aid and Ebola response

The White House has formally requested USD 87.6 billion mostly to replenish the Pentagon after the US war against Iran, submitting the request to Congress at a politically difficult time as a majority of lawmakers have objected to any further military action. The Office of Management and Budget sent the supplemental spending request Wednesday. It arrived just hours after President Donald Trump assailed Republican senators during a private lunch -- engaging in a shouting match with one -- over their votes to approve a war powers resolution that would halt further hostilities. The request is mostly for Operation Epic Fury, but it also includes a range of other items including aid to American farmers, help for the Ebola crisis in Africa and other needs closer to home, including restoration projects in Washington, D.C. "I urge the Congress to take action on these important and urgent requests as soon as possible," said OMB Director Russ Vought in a letter to House Speaker Mike ...

Oil prices fall towards pre-war levels as tankers exit Strait of Hormuz

Brent crude futures for August delivery fell 40 cents, or 0.54 per cent, ‌to $73.34 a barrel as of 0004 GMT, while US West Texas Intermediate fell 27 cents, or 0.38 per cent, to $70.07 a barrel