Iran is not discussing transit fees with Oman for a proposed shipping route through the Strait of Hormuz, foreign ministry spokesperson Esmail Baghaei told the Economic Times. He clarified that no details…
US President Donald Trump has formally rejected Iran's demand for compensation over the five-month military conflict and instead demanded Tehran pay the US for Americans killed or wounded in attacks linked to…
US stocks opened mostly flat on Monday as investors stayed cautious over Strait of Hormuz tensions, with oil prices climbing above $80 a barrel. The S&P 500 edged up 0.1%, while the…
Indian benchmark indices ended virtually unchanged for a third straight session on Monday, with the Sensex up 43 points at 78,542.44 and the Nifty 50 gaining 13 points to 24,583.80. Rising crude…
US President Donald Trump has said the United States is adopting a 'low-key' approach towards Iran and is not planning fresh military strikes, rediff.com reports citing Axios. Trump said the US is…
Iran and Oman are finalising a deal to create new shipping routes through the Strait of Hormuz, Iranian Foreign Minister Abbas Araqchi said on Monday. The agreement includes mechanisms to monitor safe…
Iranian Foreign Ministry spokesman Esmaeil Baghaei said the Strait of Hormuz will remain closed until the United States lifts its naval blockade, describing the US action as an "act of aggression". Baghaei…
ADNOC Gas reported a 52% drop in second-quarter profit to $665 million, but the result beat its own guidance of $400-600 million. The Abu Dhabi state company blamed the closure of the…
Research reported by Siasat.com warns that more than 1,500 commercial vessels laid up in the Persian/Arabian Gulf since February risk causing a marine bioinvasion 'super-spreader' event. The ships have accumulated biofouling on…
Russian Deputy Prime Minister Marat Khusnullin has proposed building a direct railway link to the Indian Ocean, with routes potentially passing through Turkmenistan, Iran, Afghanistan, and Pakistan. He told TASS that alternatives…
