Exxon, Chevron and others turn to Africa and South America for next generation of prospects
“The United States is going to knock out every single power plant and every single bridge in Iran,” U.S. President Donald Trump wrote.
No date has been set for the next round of negotiations between Iran and the United States, Iran’s deputy foreign minister said.
Tehran cites alleged U.S. violations of ceasefire terms as it restores strict military control of the key oil route, while vessels report being hit by gunfire.
Tehran says all commercial vessels can pass freely through the strategic waterway for the duration of the Lebanon ceasefire, linking the move to the broader truce in the region.
A network of vessels has helped Iran evade sanctions but naval patrols pose a new challenge
The U.S.-Israeli attack fast-tracked the ascent of hard-liners and apocalyptic religious followers, raising doubts about a lasting peace
After president said other countries will join the military effort, none have. The White House says the operation is unfolding ‘perfectly'
Donald Trump said he asked China’s Xi Jinping not to supply weapons to Iran, receiving assurances that Beijing was not doing so. The exchange comes amid rising tensions and U.S. threats of tariffs on countries aiding Tehran.
The IMF warns the euro zone faces weaker growth and rising inflation even if the Iran war subsides, with higher energy costs expected to push the ECB toward interest rate hikes.
Six weeks into the war against Iran, Netanyahu’s vision to land a decisive blow, has not yet materialized. Israel's military has hit hard, but its adversaries remain standing
Analysts are forecasting that the euro could rise further towards $1.20 if there is a de-escalation in the Iran war that leads to the reopening of the Strait of Hormuz.
Russian Foreign Minister Sergei Lavrov is in Beijing for discussions with Chinese Foreign Minister Wang Yi focusing on the wars in Ukraine and Iran as well as broader bilateral cooperation and coordination in multilateral forums including the UN, BRICS and the G20
Negotiating teams from the JD Vance and Iranian delegation led by Mohammad Baqer Qalibaf could return to Islamabad for further peace talks as early as this weekend, according to multiple sources.
European NATO members, including the UK and France, say they will not take part in a U.S. blockade of Iranian ports ordered by Donald Trump, instead pushing for a multinational mission to restore navigation once hostilities end
Iranian envoy Mohammad Fathali says Tehran is in “good contact” with New Delhi over Indian vessels passing through the Strait of Hormuz, a key oil route disrupted by the ongoing U.S.-Israeli war on Iran
Prime Minister Keir Starmer says Britain will not be drawn into the Iran conflict and opposes any blockade of the Strait of Hormuz, stressing efforts to fully reopen the critical global shipping route
Oil prices jumped more than 7% after the US announced plans to block shipping linked to Iran through the Strait of Hormuz, reviving supply fears and pushing crude back above $100 a barrel amid failed peace talks
The White House is considering a menu of options in addition to blockading the Strait of Hormuz
More than a hundred crossings of the Strait of Hormuz have been recorded through this route over the past month