Browsing: Iran

Iran on Monday suspended high-stakes negotiations with the United States to protest Israel’s expanding military offensive in Lebanon, according to government-aligned media, complicating efforts to end the three-month war.

U.S., Iran Trade Attacks Near Strait of Hormuz Amid Ceasefire The United States and Iran again exchanged attacks near the…

Oil prices rose on Thursday as a sharper-than-expected decline in US crude inventories reinforced concerns over tightening supply. Meanwhile, ongoing negotiations between Washington and Tehran helped limit fears of broader escalation in the Middle East.

Oil prices rose on Monday as efforts to balance the global demand and supply equation continued to yield less favourable outcomes, with US President Donald Trump’s ‘clock is ticking’ warning to Iran.

Iran Opens Strait of Hormuz to Chinese Ships Some Chinese ships, in compliance with Iranian management protocols, since Wednesday night…

OPEC Oil Output Tumbles 1.7 mbpd in April Crude oil production by the Organisation of the Petroleum Exporting Countries (OPEC)…

Iran Defines Strait of Hormuz as Far Larger Zone, IRGC says Iran has expanded its definition of the Strait of…

Trump Says op to Break Iran’s Strait of Hormuz Blockade to be Paused U.S. President Donald Trump on Tuesday said…

Iran’s Foreign Ministry spokesman Esmaeil Baghaei  has accused the United Arab Emirates (UAE) of its “support for and cooperation with the aggressors against Iran.”

Nigeria will rake in N6.8 trillion in fiscal windfall from the global energy crisis, which has increased oil prices across grades, BMI, a Fitch Solutions Company, said in a monthly update obtained by MarketForces Africa.