Iran is considering allowing a limited number of oil tankers to pass through the strategic Strait of Hormuz, provided that the oil cargo is traded in Chinese yuan, CNN reported quoting an Iranian official.Tehran is working on a new plan to manage the flow of tankers through the key maritime corridor amid escalating tensions in […]
Iranian foreign minister Seyed Abbas Araghchi (ANI photo) Iran’s foreign minister Seyed Abbas Araghchi on Sunday sharply criticised the United States over its stance on Russian crude oil, claiming Washington was now “begging” countries, including India, to buy Russian oil after earlier pressuring them to halt such imports.In a post on X, Araghchi said, “The […]
NEW DELHI: In his phone conversation with Iranian President Masoud Pezeshkian late Thursday, PM Modi stressed that India is Iran’s friend and that his govt will do all it can to advance diplomacy as escalation is not in anyone’s interest. This is the closest India has come to expressing solidarity with Tehran, which said Friday […]
Iran has reportedly allowed two LPG tankers to pass through the Strait of Hormuz to sail to India, while concerns rise on supply diruptions in the country amid ongoing conflict in the Middle East.Additionally, a crude oil tanker carrying Saudi Arabian cargo is set to reach India on Saturday after passing through the Strait around […]
The Trump administration significantly underestimated the possibility that Iran would move to close the Strait of Hormuz in response to US military strikes, leaving Washington scrambling to manage the economic fallout as the conflict disrupts one of the world’s most critical energy routes, according to sources cited by CNN.Officials familiar with internal discussions said the […]
Iran’s ambassador to the United Nations said Tehran does not plan to close the Strait of Hormuz, appearing to strike a more measured tone after remarks by the country’s newly appointed supreme leader Mojtaba Khamenei suggesting the strategic waterway could be used as leverage.Speaking to reporters at the UN on Thursday, Amir Saeid Iravani said […]
Dubai Shock: Missile Fragments Strike Building on Sheikh Zayed Road As UAE Intercepts 10 Ballistic Missiles Amid Iran vs US-Israel War Dubai witnessed a tense moment when debris from a successfully intercepted aerial threat struck a building façade along the city’s iconic Sheikh Zayed Road, highlighting how the expanding regional conflict involving Iran, the United […]
War, Oil, Markets: HSBC’s Bold Bet on the Gulf Amid Iran vs US-Israel Crisis Even as geopolitical tensions escalate across the Middle East, global banking giant HSBC has publicly reaffirmed its confidence in the long-term economic strength of the Gulf Cooperation Council (GCC) economies, signalling that international financial institutions are not retreating from the region […]
Confirmed, deleted, and then clarified. After Donald Trump‘s aide claimed in a boastful tone that the American navy had “successfully escorted” an oil tanker through the troubled Strait of Hormuz, the post was quickly deleted. The White House later clarified that the United States had not escorted any oil tanker through the key waterway, which […]
White House spokesperson Karoline Leavitt Tuesday clarified that US Navy did not escort a tanker through the Strait of Hormuz at this time but added that it remains an option that the president will utilize if and when necessary. Hours before Leavitt’s press conference, US energy secretary Chris Wright claimed that the US military provided […]
