US President Donald Trump says Iran wants the Strait of Hormuz reopened immediately amid financial pressure, as Tehran awaits a formal US response to its proposal.
New Delhi: Crude oil prices traded higher for a fourth straight session on Wednesday and gained around 2 per cent or over $1 as fresh attacks involving Iran, the United States and Saudi Arabia heightened concerns over supply disruptions in the Gulf. Brent crude rose as much as 1.79 per cent or $1.76 to near.
Iran is preparing to announce a new exclusion zone near the Strait of Hormuz after US strikes on three Iranian oil tankers, further escalating tensions.
US Vice President JD Vance says economic, military, diplomatic and covert measures remain on Trump's table as Washington weighs its next steps on Iran.
Currently, two major wars are raging in the world. On one hand, Russia and Ukraine have been at war for four years, while on the other, the United States and Israel are currently attacking Iran. The blockade of the Strait of Hormuz has disrupted the supply of crude oil, natural gas, and fertilizers. No peacemaker.
Tehran: Iran’s Islamic Revolutionary Guard Corps (IRGC) said on Monday that it launched a combined missile and drone attack on US air bases in Jordan, describing the strike as retaliation for the US-Israeli aerial attack on Iran’s Larak Island. According to Iran’s Fars news agency, citing an IRGC statement, Iranian forces targeted “technical and maintenance.
Washington: US forces on Sunday struck two Iranian launchers on Larak Island, marking the first known US strike against Iran since late July, according to US Central Command. US Central Command spokesperson Tim Hawkins said the Iranian Revolutionary Guard Corps (IRGC) forces were observed preparing to launch rockets with sea mines into the Strait of.
Washington: US President Donald Trump has said he believes Iranian Supreme Leader Ayatollah Mojtaba Khamenei is still alive but was “very seriously wounded” during ongoing military operations, as the war between the United States and Iran continues. “I don’t think he’s dead. He was very seriously wounded,” Trump said in an interview with conservative broadcaster.
Washington, DC: United States President Donald Trump said he has no fixed timeline for Iran to return to the negotiating table to end the conflict with Washington, telling Al Jazeera that he is “not in a hurry” for talks to resume. “I have no time schedule, none. I’m not in a hurry. I have no.
The US military has reportedly established a secret maritime corridor through the Strait of Hormuz, helping move around 10 million barrels of oil daily amid the Iran stalemate.
