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
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
Four fertiliser ships have crossed the Strait of Hormuz after the US-Iran peace deal, easing concerns over supplies for India's agriculture sector
Early progress in US-Iran talks offers hope for a deal, but tensions involving Israel, Lebanon and the Strait of Hormuz could still derail negotiations
The United States and Iran agreed on a roadmap towards a permanent agreement within 60 days, with progress reported on nuclear inspections, oil exports and maritime security
The United States has temporarily eased sanctions on Iranian oil exports, linking the move to commitments by Tehran on nuclear inspections and free transit through the Strait of Hormuz
Sensex Today | Stock Market Highlights, Monday: In the broader markets, the Nifty MidCap and the Nifty SmallCap settled 0.34 per cent and 0.6 per cent higher, respectively
At least 11 tankers carrying a combined 20 million barrels were detected leaving the Iranian port of Chabahar in recent days, Bloomberg shipping data show