Iran has mounted attacks on Gulf states and declared the Strait of Hormuz closed after the United States conducted its third round of strikes in a week, in a serious escalation as the ongoing conflict spirals. Tehran on Sunday claimed attacks on Bahrain, Kuwait, Jordan, Qatar and Oman, calling themContinue Reading
US Secretary of State Marco Rubio has said Iran will not be permitted to charge tolls or fees for vessels transiting the Strait of Hormuz under any final agreement with Washingtonexposing one of the biggest points of friction in negotiations aimed at ending months of conflict across the Middle East.Continue Reading
Brent crude drops as much as 1.6 percent, while key stock indices in Japan, South Korea and Taiwan climb. Published On 18 Jun 202618 Jun 2026 Oil prices have dropped following the United States and Iran’s signing of an interim peace agreement, summarizing a slide interrupted by US President DonaldContinue Reading
A new map featuring two red lines stretching beyond the Strait of Hormuz has become the latest symbol of the escalating war of attrition between Iran and the US. Iran’s Revolutionary Guard Corps (IRGC) on Monday released a map marking an expanded maritime area of control to include lengthy sectionsContinue Reading
Oil prices have dominated headlines and political discussions since the start of the US-Israel war on Iran. In the six weeks since the United States and Israel launched strikes on Iran, crude prices have risen sharply, driving up fuel costs and placing strain on households across the globe. Recommended StoriesContinue Reading
After 40 days of fighting, the United States and Iran agreed to a two-week ceasefire on Wednesday morning, with negotiations expected to begin on Friday in Pakistan’s capital, Islamabad. One of the key points in Iran’s 10‑point proposal is allowing shipping to resume through the Strait of Hormuz, through whichContinue Reading
Dasht, Balochistan, Pakistan – Karim Baksh bends down to a narrow channel of water, guiding it with his hands through shallow mud channels towards a row of growing ripening watermelons. In Dasht, a remote village in the southern part of Balochistan, geographically Pakistan’s largest province, Baksh’s crops for years dependedContinue Reading
US President Donald Trump has issued a direct ultimatum to Iran: reopen the Strait of Hormuz by 8pm Eastern Time in the United States on Tuesday, April 7 (midnight GMT on April 8), or face the destruction of national power plants and bridges. This echoes an earlier March 21 ultimatumContinue Reading
Ho Chi Minh City, Vietnam – After a long day of ferrying passengers to and fro recently, e-hailing driver Nguyen was dejected to find he had spent half of his earnings on fuel. “I drove for around seven or eight hours, making around 240,000 Vietnamese dong [$9.11] and then IContinue Reading
Iran’s parliamentary speaker, Mohammad Bagher Ghalibaf, has positioned himself as an unlikely financial adviser during the United States-Israel war on Iran. In a series of posts on Recommended Stories list of 4 itemsend of list In a recent post, he wrote: “Heads-up: Pre-market so-called ‘news’ or ‘Truth’ is often justContinue Reading
