Trump warns ceasefire is on “life support” as Iran signals readiness for confrontation

Tensions between the United States and Iran have sharply escalated again after President Donald Trump warned that the fragile ceasefire in the Middle East is now on “life support,” following … Read More

ships begin paying as iran reports first earnings from hormuz strait tolls

Iran has announced that it has started earning revenue from newly imposed tolls on ships passing through the Strait of Hormuz, marking a significant development amid rising tensions in the … Read More

IEA chief warns US-Iran conflict could trigger the worst energy crisis in history

The ongoing tensions involving the United States, Iran, and Israel are rapidly escalating into what could become the most severe global energy crisis ever recorded, according to the head of … Read More

Iran’s Strait of Hormuz Grip Shows No Sign of Loosening, US Intelligence Finds

Recent US intelligence reports indicate that Iran is unlikely to ease its chokehold on the Strait of Hormuz anytime soon. According to three sources familiar with the assessments, Tehran’s control … Read More

Oil Surges Nearly 7% as Trump Signals Continued U.S. Strikes on Iran, Stirring Global Supply Fears

Global oil markets jolted sharply on Thursday after Donald Trump signaled that the United States would continue its military operations against Iran, without offering a clear timeline for when the … Read More

US Fed chief says energy shock manageable for now but warns inflation risks could grow

The head of the US central bank, Jerome Powell, said the economic impact of the recent surge in energy prices appears manageable for now. However, he cautioned that the situation … Read More

Back to WFH? Asia Revisits Covid-Era Playbook Amid Fuel Crisis

Countries across Asia are dusting off strategies from the Covid-19 era, including work-from-home policies and targeted stimulus measures, as they face rising fuel shortages triggered by the ongoing Iran war. … Read More

Iran Vows to Keep Fighting as Trump Predicts Quick End to Gulf Conflict

Iran’s Foreign Minister Abbas Araghchi declared today that his country is prepared to continue fighting for as long as necessary, casting doubt on US President Donald Trump’s prediction that the … Read More

US Urges India to Buy Russian Oil at Sea Amid Global Supply Concerns

In a move aimed at stabilising global oil markets, the United States has encouraged India to purchase Russian crude already floating at sea and redirect it to Indian refineries. Energy … Read More

US Rules Out Strikes on Iran’s Energy Infrastructure Despite Soaring Oil Prices

The United States has confirmed it will not target Iran’s energy infrastructure, even as tensions escalate in the region. Speaking to CNN, Energy Secretary Chris Wright emphasized that any disruption … Read More