Oil Prices Jump After Strait of Hormuz Attacks Global oil prices have surged sharply on Monday after multiple vessels came under attack near the Strait of Hormuz. It intensified fears of supply disruptions as Iran escalates military strikes across the Middle East. The vital waterway, which carries nearly 20% of the world’s oil and gas … Read more
Ayatollah Ali Khamenei Killed in U.S. and Israeli Airstrikes Iran’s top leader, Ayatollah Ali Khamenei, is reported killed after a series of air strikes carried out by forces of the United States and Israel, Iranian state media and several international news organisations have confirmed the news of his death. A senior Israeli official disclosed that … Read more
US-Iran Talks in Oman Sets as War Fears Intensify As diplomatic channels reopen in the Gulf, Iran and the United States are preparing for sensitive negotiations in Oman that could shape the future of regional security. Although both governments said that they want to revive dialogue, sharp disagreements over the scope of the talks that … Read more