TEHRAN, Iran — Iran, the United States, and Israel agreed to a two-week ceasefire on Wednesday, April 8, 2026 (Iran Standard Time), in a last-minute effort to halt escalating hostilities that had raised fears of a broader regional war. The agreement, described by U.S. Vice President JD Vance as “fragile,” came just hours before the United States was expected to launch a major bombing campaign against Iran. Despite the announcement, reports of renewed missile and drone attacks

In a dramatic turn of events, US President Donald Trump has agreed to a two-week ceasefire with Iran, pulling back from the brink of escalating military conflict. The decision was made just hours before a self-imposed deadline for Tehran to reopen the vital Strait of Hormuz, a strategic waterway for global oil shipments, or face devastating US military strikes on Iranian civilian infrastructure. The truce, which is aimed at providing a diplomatic window to de-escalate the ongoing 40

Oil prices climbed sharply on Tuesday (date not sp

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

Iran has formally rejected a United States-backed proposal for a temporary ceasefire, instead presenting a structured response that calls for a permanent resolution to the ongoing conflict, according to statements from its state news agency. The move highlights Tehran’s position that a short-term truce would not address the broader geopolitical tensions shaping the crisis. The response was conveyed to Washington through Pakistan, which has been serving as an intermediary in diplom

​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

The Strait of Hormuz, a narrow waterway connecting the Persian Gulf to the open ocean, remains one of the most strategically important routes in the global economy. Located between Iran and Oman, this passage serves as a critical channel for transporting oil from major producing countries to markets around the world. A significant portion of the world’s oil supply moves through this route each day, making it essential for maintaining stable energy markets. Because many countries r

At an inter-ministerial press conference held on Monday, April 6, 2026, in India (IST), Mukesh Mangal, Secretary in the Ministry of Ports, Shipping and Waterways, confirmed that Indian seafarers operating in the conflict-affected West Asia region remain safe, even as escalating geopolitical tensions continue to disrupt global energy markets. Mangal stated that no incidents involving Indian-flagged vessels had been reported in the preceding 24 hours, underscoring the government’s ong

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

The Gulf region is facing rising tensions, with a series of drone attacks, fires, and infrastructure damage being reported across multiple countries, including Kuwait, Bahrain, and the UAE. The situation has been exacerbated by a warning from U.S. President Donald Trump, who set a deadline for Iran to reopen the Strait of Hormuz by 7th April 2026 evening. If Iran fails to comply, Trump has indicated that the U.S. will target critical infrastructure in retaliation. This escalation is of global

On Saturday, April 4, 2026, India marked a significant milestone in its energy dealings by making its first purchase of Iranian oil in over seven years. This comes after a period of strained relations due to U.S. sanctions that pressured India to halt its imports of Iranian crude back in May 2019. However, the ongoing conflict in the Middle East, particularly the U.S.-Israel war, has severely disrupted global oil supplies, pushing India to seek alternative sources of crude oil. The supply cha

A U.S.-sanctioned oil tanker carrying Iranian crude has changed course from India to China, raising uncertainty over what could have been India’s first Iranian oil import in nearly seven years. The Aframax tanker Ping Shun, built in 2002 and sanctioned by the United States in 2025, is now signaling Dongying, China, as its destination instead of Vadinar in Gujarat, according to data from Kpler.

US President Donald Trump said on Friday, April 3, 2026, that the United States could potentially “open” the Strait of Hormuz and seize oil resources if given additional time, as tensions continue to escalate in the ongoing Iran war. The remarks, posted on his Truth Social platform, come amid growing concerns over global energy security and disruptions to one of the world’s most critical shipping routes. Trump’s statement suggested a more aggressive approach to the strategic

DUBAI, United Arab Emirates — Iran launched coordinated attacks across the Middle East on Friday, April 3, 2026, targeting energy infrastructure and escalating tensions as U.S. and Israeli forces carried out strikes inside Iran. The conflict has now entered its fifth week with no signs of slowing, raising concerns over global energy security and regional stability. Iranian drone strikes hit Kuwait’s Mina al-Ahmadi oil refinery early Friday, April 3, 2026 (local time in the Midd

The United States has lifted sanctions on Venezuela’s interim president Delcy Rodríguez, signaling a significant shift in diplomatic relations between the two countries. The decision follows a series of developments after US forces removed former leader Nicolás Maduro from power in a military operation in Caracas and brought him to New York to face drug trafficking charges. Rodríguez, a longtime ally of Maduro and former vice president, had been under US sanctions since 2018 ov