Tag: Strait of Hormuz

US Peace Proposal: Iran has formally responded to proposals from the United States aimed at ending the ongoing conflict between Tehran, Washington, and Israel, according to reports from Iranian state media. The response was reportedly delivered through mediators in Pakistan, although neither side has publicly disclosed the full contents of the proposals or Iran’s reply. […]

Global tensions: A new report suggests the United States may deploy a hypersonic missile in the Middle East for the first time, signalling a potential escalation in efforts to pressure Iran into reaching a diplomatic agreement. The development comes as a key deadline passed for former US President Donald Trump to secure authorisation from Congress […]

Global oil prices have fallen sharply while stock markets rallied after the United States and Iran agreed to a conditional two-week ceasefire that includes reopening the strategically vital Strait of Hormuz. Benchmark Brent crude oil dropped by more than 15% to below $92 per barrel, with West Texas Intermediate crude following a similar trend, falling […]

Global oil and gas prices fell sharply on Tuesday after Donald Trump suggested the ongoing conflict involving Iran might not last long. Oil prices had surged to nearly $120 per barrel on Monday amid fears that the war could severely disrupt energy supplies from the Middle East. However, prices dropped to around $92 after Trump […]

Strait of Hormuz: The US warns Iran against disrupting global oil shipments through the Strait of Hormuz as tensions raise fears of rising energy prices worldwide. US President Donald Trump has issued a strong warning to Iran, cautioning that any attempt to disrupt oil shipments through the Strait of Hormuz would provoke a powerful military […]