Global oil prices rose sharply on Monday after renewed military tensions between the United States and Iran, coupled with Israel’s decision to push further into Lebanon, heightened concerns over energy supplies from the Middle East. Brent crude climbed above $93 per barrel, while US West Texas Intermediate (WTI) crude rose above $90, reversing some of...
Tag: Strait of Hormuz
Post
Oil Prices Hit Two-Week Low as US-Iran Deal Hopes Ease Market Fears
Global oil prices fell sharply to a two-week low after growing optimism that the United States and Iran may be moving closer to a diplomatic agreement aimed at easing tensions in the Middle East. Brent crude futures dropped more than 5% to below $100 per barrel, while US West Texas Intermediate (WTI) crude also recorded...
Post
Iran warns any new US aggression will trigger a “stronger response”
Iran has warned that any new military aggression by the United States would provoke a much stronger response, as tensions continue despite ongoing diplomatic efforts aimed at preventing further conflict in the region. Speaking on Tuesday, Iranian Parliament National Security Commission spokesperson Ebrahim Rezaei said Tehran was fully prepared to respond if Washington resumed attacks....
Post
FO says Chinese FM’s remarks on Iran conflict were misrepresented in media reports
Pakistan’s Foreign Office has clarified that remarks made by Chinese Foreign Minister Wang Yi during a phone conversation with Deputy Prime Minister and Foreign Minister Ishaq Dar were misrepresented by sections of the media. The FO stressed that the discussion took place in a cordial atmosphere and focused on regional peace efforts. According to the...
Post
Gwadar Port gains strategic importance amid Strait of Hormuz crisis
Gwadar Port is rapidly gaining strategic and economic importance as tensions in the Strait of Hormuz continue to disrupt regional shipping routes and global energy trade. Officials and analysts believe the port could serve as a safer alternative corridor for trade and logistics during the ongoing crisis. According to Gwadar Port Authority Chairman Noorul Haq...
Post
UAE vows self-defence after reported Iranian missile attacks
The United Arab Emirates has declared its right to self-defence following reported missile and drone attacks by Iran, warning of serious consequences if such actions continue. The statement comes amid escalating tensions in the Gulf region and growing concerns over violations of international law. UAE Ambassador to the United Nations, Mohamed Abushahab, said the attacks...
Post
Iran reviewing US proposal; response will be sent via Pakistani mediators
Iran has confirmed that it is still reviewing a proposal from the United States aimed at ending the ongoing conflict, with its response expected to be delivered through Pakistani mediators. The development highlights Islamabad’s continued role as a key intermediary in efforts to ease tensions between the two countries. According to Iran’s Foreign Ministry spokesperson...
Post
Iran warns US Navy to stay out of Hormuz as Trump launches ship-rescue plan
Iran has issued a strong warning to the United States, cautioning its navy against entering the Strait of Hormuz after President Donald Trump announced plans to assist ships stranded in the critical waterway. The move comes amid escalating tensions linked to the ongoing US-Iran conflict. According to Iranian military officials, any foreign forces attempting to...
Post
Trump rejects Iran’s latest peace proposal, dimming hopes for war breakthrough
US President Donald Trump is reportedly dissatisfied with Iran’s latest proposal to end the ongoing conflict, casting doubt over prospects for a near-term peace agreement. According to US officials, the proposal fails to meet Washington’s key demands, particularly regarding Iran’s nuclear programme. Iran’s plan reportedly focuses on ending hostilities first and resolving disputes over shipping...
Post
US seizure of Iranian ship puts fragile Middle East ceasefire at risk
Global powers are reassessing the future of a fragile Middle East ceasefire after the United States seized an Iranian-flagged cargo vessel near the Strait of Hormuz. The incident followed a prolonged naval standoff, during which US forces disabled and boarded the ship, alleging it attempted to breach an American-imposed blockade on Iranian ports. Tehran condemned...