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
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
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
President Donald Trump will meet with his Cabinet on Wednesday at a precarious moment for talks aimed at ending the war with Iran, just days after insisting that his administration and Tehran had "largely negotiated" a settlement but with the negotiations still in a state of flux. As he prepares to huddle with his top aides, Trump is projecting confidence that he's closing in on a deal that will reopen the Strait of Hormuz and provide him 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 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 president to fierce criticism - even from some of his own supporters - that Iran's hardline leaders will emerge from the conflict battered but emboldened. It all comes to
President Donald Trump will meet with his Cabinet on Wednesday at a precarious moment for talks aimed at ending the war with Iran, just days after insisting that his administration and Tehran had "largely negotiated" a settlement but with the negotiations still in a state of flux. As he prepares to huddle with his top aides, Trump is projecting confidence that he's closing in on a deal that will reopen the Strait of Hormuz and provide him 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 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 president to fierce criticism - even from some of his own supporters - that Iran's hardline leaders will emerge from the conflict battered but emboldened. It all comes to
China has said it supports the "active mediation" by Pakistan and other countries between the US and Iran in the ongoing West Asia conflict. "Regarding the current situation, the key is the negotiation between the United States and Iran because they are the major parties concerned," Chinese Foreign Minister Wang Yi told reporters here Tuesday. "We support the active mediation by Pakistan and other countries. Before we came here, I met with (Field) Marshal (Asim) Munir of Pakistan. We also support efforts made by the United States and Iran, respectively," Wang said. China is the president of the UN Security Council for the month of May and hosted a Council debate on 'Upholding the purposes and principles of the UN Charter and strengthening the UN-centred international system'. Wang presided over the opening session of the debate on Tuesday morning and met with UN Secretary-General Antonio Guterres during his visit to UN headquarters. "As we have been saying, it takes more than one
China has said it supports the "active mediation" by Pakistan and other countries between the US and Iran in the ongoing West Asia conflict. "Regarding the current situation, the key is the negotiation between the United States and Iran because they are the major parties concerned," Chinese Foreign Minister Wang Yi told reporters here Tuesday. "We support the active mediation by Pakistan and other countries. Before we came here, I met with (Field) Marshal (Asim) Munir of Pakistan. We also support efforts made by the United States and Iran, respectively," Wang said. China is the president of the UN Security Council for the month of May and hosted a Council debate on 'Upholding the purposes and principles of the UN Charter and strengthening the UN-centred international system'. Wang presided over the opening session of the debate on Tuesday morning and met with UN Secretary-General Antonio Guterres during his visit to UN headquarters. "As we have been saying, it takes more than one
Republican Senator Lindsey Graham termed "problematic" the role of Pakistan as a mediator in the United States' war with Iran. Graham's remarks came as Pakistan's Defence Minister Khwaja Asif said he is not in favour of Islamabad joining the Abraham Accords, which deal with establishing diplomatic, economic and security ties between Israel and Arab nations. Asif also talked about his country's long-standing position to not accept Israel until the Palestinian state on the pre-1967 borders with East Jerusalem as its capital is established. "It has been apparent to me for quite a while that Pakistan as a mediator is more than problematic. Their animosity towards Israel is long standing," Graham said in a post on X. He asked Pakistan to respond to US President Donald Trump's call to mediators in the US-Iran war to join the Accords. "As to the defence minister's comments about the Abraham Accords, saying that Pakistan would never join because they don't trust Israel: The clip may be a
Trump's outburst came through a Truth Social post in which he called out the media outlets and democrats over the framing of the narrative around the conflict
Polycarbonate -- a strong plastic used in premium helmet shells -- increased from around ₹140 per kg before the conflict to ₹230 per kg now after touching ₹252 per kg
As on March 31, 2025, MSIL had 19,966 regular employees and 33,811 non-regular employees on its rolls, as per the company's annual report
Sensex Today | Stock Market LIVE Updates Tuesday: The GIFT Nifty indicated a tepid open as risk sentiment took a hit after the US conducted new strikes in Iran amid peace talks
The US President said any future regional arrangement should include recognition of Israel through the Abraham Accords
The hand of time does not turn back, and the nations and lands of the region will no longer serve as shields for American bases, Mojtaba wrote on X
The hand of time does not turn back, and the nations and lands of the region will no longer serve as shields for American bases, Mojtaba wrote on X
The consultations were aimed at evaluating conditions on the ground so authorities would not be caught off guard if the conflict deepens
The US military said it carried out "self-defence" strikes in southern Iran, including on missile launch sites and boats placing mines, even as President Donald Trump said on social media that negotiations were "proceeding nicely". The strikes were done "to protect our troops from threats posed by Iranian forces", but the military was "using restraint during the ongoing ceasefire", Capt. Tim Hawkins, US Central Command spokesman, said in a statement on Monday. Further details were not immediately available, including more specifics on the threats from Iran and what this means for negotiations. Earlier, Trump said any agreement to end the Iran war should include a requirement for several additional countries, including Saudi Arabia and Pakistan, to join the Abraham Accords, the US-brokered agreements from Trump's first term aimed at normalising relations with Israel. The proposal came as the emerging Iran deal faced criticism from fellow Republicans who favour a harder line on Iran,
The US military said it carried out "self-defence" strikes in southern Iran, including on missile launch sites and boats placing mines, even as President Donald Trump said on social media that negotiations were "proceeding nicely". The strikes were done "to protect our troops from threats posed by Iranian forces", but the military was "using restraint during the ongoing ceasefire", Capt. Tim Hawkins, US Central Command spokesman, said in a statement on Monday. Further details were not immediately available, including more specifics on the threats from Iran and what this means for negotiations. Earlier, Trump said any agreement to end the Iran war should include a requirement for several additional countries, including Saudi Arabia and Pakistan, to join the Abraham Accords, the US-brokered agreements from Trump's first term aimed at normalising relations with Israel. The proposal came as the emerging Iran deal faced criticism from fellow Republicans who favour a harder line on Iran,
Trump said this decision will be taken in 'conjunction and collaboration' with Iran, signalling Tehran's relaxing its stand as the two countries attempt to reach a peace agreement
Trump said this decision will be taken in 'conjunction and collaboration' with Iran, signalling Tehran's relaxing its stand as the two countries attempt to reach a peace agreement