Iran and Oman have opened negotiations on a temporary shipping corridor through the Strait of Hormuz, as efforts intensify to restore safe navigation through the vital waterway amid the ongoing
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Iran is struggling to secure enough petrol to meet domestic demand after a US naval blockade disrupted the country’s ability to import fuel, according to a senior Iranian official. Vice
Iran has refused to reopen the strategic Strait of Hormuz until the United States meets a series of demands, including the removal of a naval blockade, lifting of oil sanctions
Global oil prices climbed on Friday as fresh concerns over the security of the Strait of Hormuz revived fears of supply disruptions, while stock markets mostly weakened amid renewed inflation
US President Donald Trump has said a deal to reopen the Strait of Hormuz could be reached as early as Wednesday, while warning that Iran would face severe consequences if
Global financial markets steadied on Tuesday as oil prices recovered from sharp losses, while major stock markets advanced on renewed investor optimism despite mixed signals over possible peace talks between
Global oil prices have soared by 14% to nearly $85 per barrel following a sharp escalation in the conflict between the United States and Iran, triggering fresh concerns over disruptions
Fresh US sanctions have intensified pressure on Iran, with Washington targeting the country’s oil export network and freezing more than $130 million in cryptocurrency assets allegedly linked to Iran’s central
Iraq has renewed its push for a larger oil production quota within OPEC, arguing that years of conflict, sanctions, and the recent Middle East war have significantly damaged its energy
Pressure is mounting on Donald Trump after the US House of Representatives passed a measure aimed at stopping further American military action in Iran without congressional approval. The resolution passed