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Global crude oil prices rose nearly 2 per cent, with Brent crossing $100 a barrel, amid escalating Iran-US attacks on shipping near the Strait of Hormuz. Disrupted oil flows boosted bullish sentiment, while analysts warned of possible short-term correction after the rally
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Crude oil prices rose nearly 2 per cent for a fourth consecutive session as escalating attacks involving Iran, the US and Saudi Arabia intensified fears of Gulf supply disruptions. Brent approached $100 a barrel, while WTI climbed to nearly $95
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Iran plans to establish a restricted zone around the Strait of Hormuz and sanction vessels entering without coordination, security chief Mohsen Rezaei said. Tehran also claims the waterway remains closed, while warning of military action against ships amid tensions with the United States
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Jordan’s close military alliance with the United States has made the kingdom a target of repeated Iranian missile and drone strikes. Despite economic pressures, regional instability and security risks, Amman remains committed to Washington, viewing the partnership as essential for national security
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Iran’s IRGC said it launched missile and drone strikes on US bases in Jordan, targeting military infrastructure and fighter jet areas, in retaliation for a US-Israeli attack on Larak Island. Tehran warned that further aggression would trigger stronger responses
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US forces struck two Iranian launchers on Larak Island after observing IRGC personnel preparing to deploy sea mines in the Strait of Hormuz. Iran reported casualties and vowed retaliation, while Washington warned of a zero-tolerance policy against renewed mine placement
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Iranian President Masoud Pezeshkian said the Iran-US peace MoU serves Iran, West Asia and the world, promoting regional stability. He rejected war while vowing resistance to aggression. Tehran also warned of energy market manipulation and reported action against a suspected militant group
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UN Secretary-General Antonio Guterres has urged the United States and Iran to resume meaningful negotiations and seek a diplomatic solution to their conflict. The UN also expressed concern over the devastating humanitarian and economic consequences of the ongoing war.
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Six months after US-Israeli attacks on Iran, Tehran has survived military strikes and strengthened its leverage over the Strait of Hormuz. Gulf states are questioning US security guarantees, while Israel faces growing international isolation and worsening prospects for Saudi normalisation
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Pakistan Army Chief Asim Munir held talks with Iranian leaders in Tehran on de-escalating the US-Iran conflict, reopening the Strait of Hormuz and pursuing a negotiated settlement. The visit formed part of Islamabad’s diplomatic efforts to revive stalled peace negotiations
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The US-Iran conflict remains trapped in a cycle of threats, negotiations and renewed military strikes, largely over control of the Strait of Hormuz. Breaking the deadlock would require either US strategic concessions or major escalation, while Iran prioritises regime survival
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Iran warned vessels violating its Strait of Hormuz transit protocols could face fines, detention or confiscation, while lawmakers approved fees for maritime services. The move comes amid heightened tensions with the US, as Donald Trump claimed the strategic waterway was American territory
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Iran’s top security official Mohsen Rezaei warned that countries joining US economic pressure against Tehran would be treated as enemies and face attacks on their interests. He also threatened to halt oil exports through the Strait of Hormuz unless Washington meets commitments
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Iranian Foreign Minister Seyed Abbas Araghchi said the latest US economic operation against Tehran is doomed to fail. His remarks came after US President Donald Trump announced an unprecedented campaign of economic warfare and isolation against countries supporting Iran.
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Iranian Foreign Minister Abbas Araghchi rejected US economic threats, warning that sanctions and isolation would increase hostility among Iranians and fail to achieve their goals. His remarks followed President Donald Trump’s threat of unprecedented economic measures and Treasury Secretary Scott Bessent’s warning of secondary sanctions
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US President Donald Trump threatened Oman over its negotiations with Iran on managing Strait of Hormuz shipping, regional officials said. The developments came amid renewed attacks, including a projectile striking a vessel and Iranian threats to keep the crucial waterway closed
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Qatar denied claims that it detained Iranian pilots, calling the reports misleading. Doha said Iranian aircraft violated its airspace and were targeted after failing to respond to communications. Qatar also coordinated with Iran to hand over remains of a recovered pilot
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Iran’s Intelligence Ministry accused two French diplomats of illegal interference after they allegedly attended a secret meeting involving suspects in a foreign infiltration case. France condemned their detention and alleged mistreatment, while Iran warned against further diplomatic actions violating its domestic laws
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US President Donald Trump said he would declare the Strait of Hormuz a US territory after defeating Iran. He offered no legal or practical details, while claiming major losses for Iran’s military and defending US action to prevent Tehran from obtaining nuclear weapons.
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Gold and silver prices fell sharply on MCX Friday amid heightened geopolitical uncertainty following US warnings of economic measures against Iran. Gold futures declined 0.8 per cent, while silver dropped 1.27 per cent, with technical indicators pointing to continued near-term pressure
