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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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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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Indian equities are likely to remain volatile next week as rising crude oil prices, global bond yields, stronger-than-expected US jobs data and foreign investor flows influence sentiment. Renewed US-Iran tensions and uncertainty over the Strait of Hormuz are also key concerns.
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US President Donald Trump has warned that American forces are ready to launch further strikes on Iran “any time we want,” after a heavy attack destroyed Iranian equipment near the Strait of Hormuz. Tehran claims the strike hit a wedding party, killing four civilians, while the US military insists it does not target non-combatants.
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US Treasury Secretary Scott Bessent says Iran is in an economic “death spiral” as sanctions and military pressure intensify. He claims Washington controls the Strait of Hormuz and predicts mounting financial strain will eventually push Tehran back towards negotiations with Washington.
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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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IGL has raised CNG prices in Delhi by Rs 3.89 per kg to Rs 86.98, citing surging international LNG prices amid renewed West Asia tensions and disruptions through the Strait of Hormuz. Prices also rose in Noida, Ghaziabad and Gurugram
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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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US President Donald Trump has said the war with Iran could end “fairly soon,” while claiming Iranian Supreme Leader Ayatollah Mojtaba Khamenei is alive but “seriously wounded.” In an interview, Trump asserted Iran’s military has been crippled, its economy weakened, and that preventing Tehran from acquiring nuclear weapons remains the central objective.
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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 contest is no longer simply about freedom of navigation; it is about influence over the world’s most important maritime energy corridor
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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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US President Donald Trump has described the Strait of Hormuz as American territory while warning that Iran would never be allowed to acquire a nuclear weapon. Trump made the remarks during a campaign rally in Myrtle Beach, South Carolina.
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The US military helped move more than 15 million barrels of oil and petroleum products through the Strait of Hormuz, Energy Secretary Chris Wright said. Oil flows have recovered sharply but remain below pre-conflict levels amid continuing security concerns.
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US President Donald Trump has warned Iran of "very Draconian sanctions" while downplaying the Strait of Hormuz’s strategic importance, citing rising American energy output and new supply routes. He claimed a US naval blockade has been effective in restricting Iran’s access.
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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