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

Iran rejects US deal as senior lawmaker Hamidreza Haji Babaei says Tehran will not allow Washington to decide when regional wars begin or end. His comments deepen doubts about Iran-US talks as military tensions, nuclear disputes and competing ceasefire demands continue. Iran rejects US deal Iran’s Deputy Parliament Speaker Hamidreza Haji Babaei has ruled out an agreement with the United State

Iranian Supreme Leader Mojtaba Khamenei has linked any future agreement with the United States to an end to Israeli military operations in Lebanon. His position places Lebanon, Hezbollah support and Israeli withdrawal at the centre of Tehran’s conditions as regional diplomatic efforts continue. Iran-US peace conditions In a statement posted on X, Khamenei said Iran would require the protectio

Americans increasingly doubt the Iran war will end soon as diplomacy stalls, Congress debates presidential war powers, shipping risks rise in the Strait of Hormuz and new polling shows voters expect the conflict to continue for months or years rather than weeks. Timeline remains uncertain U.S. Ambassador to the United Nations Mike Waltz has declined to place a deadline on the conflict. Waltz sa

Iran has reportedly told Pakistani officials that negotiations with the United States remain suspended rather than permanently abandoned, leaving open a possible path back to diplomacy. The development comes as US strikes pause, Pakistan explores mediation and tensions continue over shipping routes through the Strait of Hormuz. Iran-US talks remain suspended Iran has not withdrawn from negotiat

A reported Strait of Hormuz tanker explosion has renewed concern over maritime safety after Iranian media said an oil vessel struck a naval mine outside a route designated by Tehran. Iranian authorities have not issued a full official account, while the United States has paused strikes as diplomatic contacts continue. Strait of Hormuz tanker explosion remains unconfirmed An oil tanker reportedl

Houthi Saudi Aramco attack claims have intensified concerns over Middle East stability after the Iran-backed group said it targeted key Saudi oil facilities in Jazan and Yanbu. The reported strikes, coupled with claims of downing a Saudi drone and Iran's announcement that it has paused retaliatory operations, have added fresh uncertainty to regional security and global energy markets.

Mojtaba Khamenei's nuclear policy has come under renewed focus after a recent US intelligence assessment suggested Iran's new supreme leader may be more open to developing nuclear weapons than his father. While no official policy change has been announced, analysts say the assessment highlights growing concerns over Iran's nuclear threshold status, regional security and the future of diplomacy.

US President Donald Trump said Washington remains engaged in Trump Iran strike talks and has not decided whether to order major new military action. He said diplomacy remains the preferred path but warned that the US military could escalate strikes if negotiations fail. Diplomacy Remains the Preferred Option Speaking on Friday, July 24, Trump confirmed that American officials were communicating

All 28 Indian crew members aboard the Mozambique-flagged Disha LPG tanker are safe after an attack in Iranian waters near the Strait of Hormuz. India’s embassy is monitoring the case as authorities assess the vessel and the source of the reported missile strike. All 28 Indian crew members confirmed safe All 28 Indian crew members aboard the Mozambique-flagged LPG tanker Disha were confirmed safe after the ves

Iran has reportedly rejected a peace proposal from US President Donald Trump that Iraqi officials conveyed during a high-level visit to Tehran. The decision has weakened hopes for an Iran ceasefire as American strikes, Iranian retaliation and disputes over the Strait of Hormuz continue to intensify the US-Iran conflict. Iraq role in Trump’s peace proposal Iraqi Prime Minister Ali al-Zaidi rep

The Trump Iranian assets plan would direct Iranian funds controlled by Washington toward Gulf ship damage and cargo claims. However, the administration has not explained which incidents qualify, how losses will be assessed or whether existing US law permits the proposed payments. Trump Iranian Assets Plan US President Donald Trump said Ira

Iran Strait of Hormuz oil price warning has reignited global attention after Parliament Speaker Mohammad Bagher Ghalibaf argued that US pressure on Tehran has instead pushed oil prices higher. As Brent crude briefly crossed $100 a barrel, markets, governments and investors are closely watching developments around one of the world's most critical energy routes.

Iran warns of a severe response to US infrastructure strikes after President Donald Trump threatened to target bridges and power plants if Tehran attacks vessels in the Strait of Hormuz. The exchange marks another sharp escalation in tensions between Washington and Tehran, raising concerns over regional security and global energy supplies. Trump threatens Iranian infrastructure attacks The war

Oil prices rise as US strikes Iran and renewed attacks on Houthi targets heighten concerns over global energy supplies. Brent crude climbed above $96 a barrel while WTI gained sharply as traders reacted to escalating military tensions in the Middle East and potential risks to key shipping routes. Brent crude climbs above $96 Global oil prices extended their rally on Thursday, July 23, after ren

Iran says the US military campaign delivered no strategic gains, as Deputy Foreign Minister Kazem Gharibabadi urges Europe to defend international law and warns that states supporting attacks could deepen regional instability. Iran says US war brought no gains Iran’s Deputy Foreign Minister Kazem Gharibabadi said the United States had secured no strategic gains from its military campaign agai

US launches 12th consecutive strikes on Iranian military targets as CENTCOM expands its military campaign against Iran under President Donald Trump's direction. The latest operation aims to reduce threats to commercial vessels and regional maritime security while tensions between Washington and Tehran continue to rise. US military campaign against Iran continu