Eneos Endeavor had sailed into the Persian Gulf in late February to pick up crude from the United Arab Emirates' Das Island and Kuwait's Mina Al Ahmadi
President Xi Jinping of China is buying time for Beijing and may see an opening with a US president weakened by the war in Iran
Trump has discarded Iran's peace proposal plan and said that the ceasefire stands on 'life support'
Trump has discarded Iran's peace proposal plan and said that the ceasefire stands on 'life support'
According to the statement, the meeting resulted in a "historic breakthrough" in relations between Israel and the UAE
Iran will welcome any initiative by major powers like India to bring peace to West Asia and it is developing a new service-and-payment-based framework for the passage of merchant vessels through the Strait of Hormuz in line with international norms, Iranian Deputy Foreign Minister Kazem Gharibabadi said on Wednesday. Gharibabadi, currently in New Delhi, told a select group of journalists that a demand by "one member country" of the BRICS to condemn Iran has prevented the grouping from reaching a unified position on the regional conflict, an apparent reference to the United Arab Emirates. "We want India's BRICS chairship to be successful. It is not a good approach to send a signal to the world that the BRICS is divided. One country is insisting to condemn Iran," he said. "We have not attacked neighbouring countries. They handed their territories to the US to launch an attack on us. We never insisted that Arab countries should be condemned as they allowed their military bases to the .
Iranian Deputy Foreign Minister Kazem Gharibabadi said Tehran is considering a framework for charging vessels using the Strait of Hormuz for maritime services
Sensex Today | Stock Market LIVE Updates Wednesday: The GIFT Nifty was indicating a slight positive open for the Nifty50 amid mixed global cues. Most Asian markets declined in early trade
The war on Iran, which has sent energy prices soaring because of Tehran's effective closure of the Hormuz, will be high on the agenda of the talks between Trump and Chinese President Xi Jinping
His remarks came after Prime Minister Narendra Modi urged voluntary austerity, including cutting down on petrol and diesel use and putting off gold purchases, to preserve foreign exchange reserves
Iran's grip on the Strait of Hormuz is throttling the world's energy supplies and inflicting global economic pain, but the struggles of the Islamic Republic's own economy are testing its ability to withstand the war and defy Washington's demands. Iranians have been hit by spiralling prices for food, medicine and other goods. At the same time, the country has seen mass job losses and business closures caused by strike damage to key industries and the government's monthslong shutdown of the internet. The economic cost of the war and the US naval blockade "has been very substantial and unprecedented for Iran," said Hadi Kahalzadeh, an Iranian economist and research fellow at Brandeis University. But Iran has withstood decades of economic pressure and sanctions, and its capacity to adapt has not been dismantled, Kahalzadeh said. "Iran can probably avoid a complete economic collapse or total shortage of essential goods, but at a very high cost," he said. "The main cost will be passed to
Brent crude futures dropped $1.22, or 1.1%, to $106.55 a barrel at 0410 GMT while US West Texas Intermediate futures fell $1.16, or 1.1%, to $101.02
Secret new assessments say Iran has operational access to 30 of its 33 missile sites along the Strait of Hormuz, suggesting that its military remains far stronger than President Trump has asserted
Secret new assessments say Iran has operational access to 30 of its 33 missile sites along the Strait of Hormuz, suggesting that its military remains far stronger than President Trump has asserted
Trump framed his approach as a matter of national and global security, suggesting economic concerns were secondary to preventing nuclear proliferation
MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.6 per cent, down for a second day as Korean shares fell as much as 3.2 per cent before rebounding
Trump made the latest slew of remarks in a post on Truth Social and slammed the press for 'aiding and abetting' by giving 'false hope' to Iran
Defense Secretary Pete Hegseth declined to give a breakdown of costs as he faced questions about the conflict in Congress, as part of a hearing $1.5 trn defence request
The United States had eased sanctions on Russian oil in mid-March to counteract global oil shortages resulting from the closure of the Strait of Hormuz
According to the Iranian state broadcaster, Foreign Minister Abbas Araghchi made the remarks in talks with Norway's deputy foreign minister during a meeting in Tehran