Iran’s Foreign Minister Seyed Abbas Araghchi will visit New Delhi this week to attend the BRICS foreign ministers’ meeting, where discussions are expected to focus on the growing West Asia crisis, regional stability, and global energy security. The two-day meeting, scheduled for May 14 and 15 under India’s BRICS chairmanship, comes at a time when tensions involving Iran, the United States, and Israel continue to affect the Strait of Hormuz and international oil markets. India, which dep

The UAE will exit OPEC on May 1 after nearly six decades, aiming for greater control over oil production and energy strategy. The move may weaken OPEC’s influence, raise concerns about supply coordination, and reshape global oil market dynamics. UAE to exit OPEC, signaling shift in global oil power balance is set to take effect May 1, marking a major change in the structure of global energy coordination. The decision reflects Abu Dhabi’s broader strategy to gai

Strait of Hormuz crisis intensifies amid shipping threats and stalled diplomacy The Strait of Hormuz crisis has escalated sharply as Iran appears to tighten its control over the strategic waterway, raising concerns about global oil supply and maritime security. Reports suggest Tehran may prioritize passage for select vessels, while tensions with the United States continue to grow.The

Iran tanker attack Strait of Hormuz signals renewed crisis in global shipping Tensions in the Middle East escalated sharply after an Iran tanker attack in the Strait of Hormuz, raising fresh concerns about global oil supply and maritime safety. The incident comes as Iran reimposed restrictions on one of the world’s most critical shipping routes, just a day after signals of reope

WASHINGTON — The United States signaled a heightened military posture toward Iran on Thursday, April 16, 2026, as senior defense officials warned that U.S. forces are prepared to strike Iran’s energy infrastructure if directed by the president. Speaking in Washington, Defense Secretary Pete Hegseth said current U.S. actions, including a naval blockade, reflect what he described as restrained measures during an ongoing ceasefire period. He emphasized that Iran faces critical decisi

India reaffirmed its strategy of sourcing oil from a wide range of suppliers to safeguard its energy needs amid ongoing geopolitical tensions affecting global trade routes. Speaking at an inter-ministerial briefing in New Delhi on Wednesday, April 15, 2026, at 6:29 PM IST, Ministry of External Affairs spokesperson Randhir Jaiswal emphasized that the country’s approach is guided by the need to ensure energy security for its population of 1.4 billion while adapting to evolving internati

Two U.S. Navy destroyers entered the Strait of Hormuz to begin mine-clearing operations, U.S. Central Command confirmed on Saturday, April 10, 2026, as Washington simultaneously engaged in rare direct talks with Iran aimed at reducing regional tensions. The vessels transited the critical waterway and began operations in the Arabian Gulf, with additional U.S. assets, including underwater drones, expected to support efforts in the coming days. The move follows concerns that naval mine

Saudi Arabia’s critical East-West oil pipeline, a key route for crude exports, was struck in an Iranian attack, according to an industry source on Wednesday. The pipeline, currently serving as the kingdom’s primary export outlet after disruptions in the Strait of Hormuz, was among several oil-related facilities targeted across the country. The East-West pipeline plays a central role in maintaining Saudi Arabia’s oil supply chain, transporting approximately 7 million barrels per

Missile strikes by United States and Israeli forces have reportedly targeted Iran’s strategically vital Kharg Island, significantly escalating tensions in West Asia. According to Iran’s Mehr News, the strikes were reported on Tuesday, April 7, 2026, marking a critical development in the ongoing military campaign known as Operation Epic Fury. Kharg Island, often described as Tehran’s economic lifeline, handles nearly 90% of Iran’s crude oil exports, making it central to globa

​RIO DE JANEIRO — Monday, April 6, 2026 — Surging energy prices linked to global geopolitical tensions are putting pressure on Brazil’s flagship cooking gas subsidy program, raising concerns about its sustainability just months ahead of the country’s presidential election. The initiative, known as “People’s Gas,” was launched by President Luiz Inacio Lula da Silva in November 2025 as a central component of his energy policy, aiming to provide free liquefied petroleum g

DUBAI, United Arab Emirates — Israel carried out a major strike on Iran’s South Pars natural gas field, targeting a key petrochemical facility that accounts for a significant portion of the country’s production, in an escalation that threatens ongoing efforts to broker a ceasefire between Tehran and Washington. Israeli officials confirmed the operation, describing it as a decisive blow to Iran’s energy infrastructure, while warning that further actions could follow despite diplomatic neg

On April 5, 2026, Subrahmanyam Jaishankar held crucial telephonic discussions with Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani and

Gulf nations are accelerating discussions on building alternative oil and gas pipelines after Iran’s closure of the Strait of Hormuz disrupted a critical global energy corridor, halting exports from most countries in the region and cutting off roughly 20 percent of the world’s oil and gas supply. The blockade has exposed the region’s heavy dependence on the narrow maritime route, prompting officials and industry leaders to reconsider long-term infrastructure strategies. Saudi Arabia ha

DUBAI, United Arab Emirates — U.S. President Donald Trump issued a stark warning on Monday, March 30, 2026, threatening to expand military action against Iran by targeting critical civilian infrastructure if a deal to end the ongoing conflict is not reached soon. The remarks come as tensions in the Middle East continue to escalate, raising concerns about regional stability and global oil supply routes. In a social media statement, Trump said progress in negotiations had been “sign

US President Donald Trump made a light-hearted remark about the Strait of Hormuz during a recent investment forum in Miami, drawing laughter from the audience. While speaking about the ongoing situation in the Middle East, Trump jokingly referred to the critical waterway as the “Strait of Trump” before correcting himself and saying “Hormuz.” He followed the comment with a sarcastic apology, taking a swipe at mainstream media. Trump said that any slip of words would likely be

​Washington: Tensions across West Asia have escalated sharply, with the United States issuing a strong warning to Iran to accept defeat or face significantly intensified military consequences. US officials indicated that further retaliation from Tehran could trigger a broader response, signaling a potential widening of the conflict. Iran, however, has dismissed the possibility of negotiations, reaffirming its intent to continue retaliatory strikes amid ongoing hostilities. Military exchang