Oil prices soared sharply on Monday as the Middle East was once again embroiled in chaos. Crude prices jumped 4% as fresh military action between Iran and the United States fuelled concerns over the security of the Strait of Hormuz, a key global energy route.As of 7:30 am, Brent crude was up 4.28% at $79.26 […]
Paris, July 4: French President Emmanuel Macron announced on social media platform X that the French aircraft carrier Charles de Gaulle is returning to its home port in Toulon from the Middle East. According to news agency Xinhua, the aircraft carrier was deployed to the region to prepare for a proposed multinational maritime security mission […]
Analysts suggest US-Iran ceasefire may be temporary in lieu of upcoming mid-term elections The ceasefire between the US and Iran has eased fears of a wider conflict and led to the reopening of the Strait of Hormuz, pushing oil prices lower. However, the truce may be tactical rather than permanent, according to analyst cited by […]
Top US envoys Steve Witkoff and Jared Kushner were in Doha on Tuesday for meetings with Qatari mediators on negotiations with Iran, but both Qatar and Tehran said there would be no direct or high-level meetings between US and Iranian officials, contradicting US President Donald Trump’s claim a day earlier that the two sides would […]
Washington, June 8: President Donald Trump stated on Sunday that the United States and Iran are very close to reaching a peace agreement. This is not the first time the President has made such claims regarding a ceasefire agreement, having previously asserted that negotiations between the two nations were in their final stages. In an […]
US President Donald Trump said on Wednesday that talks with Iran are going “very well” and that Tehran has agreed to allow American personnel, in coordination with Iranian authorities, to enter Iran and recover buried nuclear material once the war ends.“It’s very, very hard to get it … but nevertheless, I want to get at […]
The rupee appreciated by 34 paise to close at 95.26 against the US dollar on Monday, marking its third consecutive session of gains, amid improving global sentiment over a possible peace agreement between the United States and Iran.According to news agency PTI, the rupee strengthened as optimism grew around easing tensions in West Asia and […]
The United States and Iran are close to signing a proposed agreement that would extend the current ceasefire for 60 days, reopen the Strait of Hormuz and allow Iran to resume oil exports while negotiations continue on Tehran’s nuclear programme, as per US media outlet Axios.According to the report, the draft memorandum of understanding (MOU) […]
File photo: US President Donald Trump The United States has reportedly put two new conditions ahead of the second rounds of peace talks with Iran scheduled in Pakistan on Thursday.According to a report by he Israel Hayom, Washington wants full and unrestricted reopening of the Strait of Hormuz.The report claimed that the Americans are sticking […]
China on Tuesday outlined a four-point proposal for lasting peace in the Middle East, with foreign ministry spokesperson Mao Ning sharing details of remarks made by President Xi Jinping.Xi made the proposal during a meeting in Beijing with Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, United Arab Emirates.The development […]
