Oil prices surged in early Asian trading on Wednesday after Iran launched multiple ballistic missiles at US forces in the Middle East. The renewed military exchange pushed Brent and WTI crude higher as traders reassessed supply risks linked to the conflict and the Strait of Hormuz. Oil Prices Surge in Asian Trading Global oil prices climbed by more than 3 per cent during early trading on July 29 as renewed fighting between Iran and the U

A proposed Strait of Hormuz shipping deal will not impose tolls or transit charges on commercial vessels, according to a US official familiar with negotiations involving Washington, Iran and Oman. The discussions seek to protect ship transit and restore confidence in the strategic waterway after conflict-related disruptions. Strait of Hormuz Shipping Deal Excludes Tolls Commercial ships passing

Trump Iran nuclear threat returned to the spotlight after US President Donald Trump warned that Washington could launch fresh military strikes if Tehran refuses a nuclear agreement. Speaking before meeting Israeli Prime Minister Benjamin Netanyahu, Trump questioned Israel's public intelligence disclosures while reaffirming that military action remains an option.

Iran ballistic missile attack dominated global headlines after the Islamic Revolutionary Guard Corps (IRGC) launched multiple missiles targeting US forces in the Middle East. According to CENTCOM, every missile was intercepted successfully, preventing casualties while raising concerns about renewed tensions between Tehran and Washington. CENTCOM Reports Succes