Russian Superyacht crosses Hormuz amid tight US Naval control A Russian superyacht linked to Russian oligarch Alexey Mordashov crossed the Strait of Hormuz on Saturday, drawing attention amid tight naval monitoring. The 142-meter Nord, valued at more than $500 million, departed from Dubai on Friday afternoon, according to MarineTraffic data. It reached Muscat early on … Read more
Iranian foreign minister heads to Russia: Trump Says Iran Can Call for Talks Iran’s Foreign Minister Abbas Araqchi has travelled to Russia for high-level talks, as diplomatic efforts between Tehran and Washington remain stalled.His visit comes at a time of rising tension with the United States, where President Donald Trump has signalled that Iran can … Read more
US Says No Time Frame on Iran War, as Tehran Rejects Hormuz Reopening The United States and Iran remain locked in a tense standoff, with Washington refusing to set a clear timeline for ending the conflict and Tehran rejecting any immediate reopening of the Strait of Hormuz. President Donald Trump said there is “no time … Read more
US Waives Iran Oil Sanctions to Ease Price Surge The Trump administration has temporarily waived sanctions on certain Iranian oil shipments for 30 days. It happened with the aim to the ease soaring global energy prices that were triggered by the ongoing US-Israeli conflict with Iran. The decision was announced by the Treasury Secretary Scott … Read more
Oil Prices Drop After Trump Warns Iran on Hormuz Global oil prices have dropped sharply on Tuesday. It happened after Donald Trump warned Iran against disrupting the vital shipping route through the Strait of Hormuz. It is a corridor that carries a significant share of the world’s energy supplies. During an early trading in Asia, … Read more
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