US Treasury Secretary said the waiver could release about 140 mn barrels into markets amid Hormuz disruptions, as rising fuel costs intensify inflation worries and political pressure on Trump admin
US Treasury Secretary said the waiver could release about 140 mn barrels into markets amid Hormuz disruptions, as rising fuel costs intensify inflation worries and political pressure on Trump admin
The move comes as war involving Iran approaches three-week mark, intensifying the humanitarian crisis and pushing global energy prices higher
The move comes as war involving Iran approaches three-week mark, intensifying the humanitarian crisis and pushing global energy prices higher
Three weeks into an escalating war in the Middle East, Iran threatened on Friday to expand its retaliatory attacks to include recreational and tourist sites worldwide, as the US announced it was sending more warships and Marines to the region. Hours later, President Donald Trump said on social media that his administration in fact was considering "winding down" military operations in the region. His post came after another climb in oil plunged the US stock market. The mixed messages came as the war has shown no signs of abating. Iran launched more attacks on Israel and energy sites in neighbouring Gulf Arab states, and the region marked one of the holiest days on the Muslim calendar. Iranians were also celebrating the Persian New Year, known as Nowruz, a normally festive holiday, as Israeli airstrikes landed in Tehran. With little information coming out of Iran, it was not clear how much damage its arms, nuclear or energy facilities have sustained in the punishing US and Israeli ..
Three weeks into an escalating war in the Middle East, Iran threatened on Friday to expand its retaliatory attacks to include recreational and tourist sites worldwide, as the US announced it was sending more warships and Marines to the region. Hours later, President Donald Trump said on social media that his administration in fact was considering "winding down" military operations in the region. His post came after another climb in oil plunged the US stock market. The mixed messages came as the war has shown no signs of abating. Iran launched more attacks on Israel and energy sites in neighbouring Gulf Arab states, and the region marked one of the holiest days on the Muslim calendar. Iranians were also celebrating the Persian New Year, known as Nowruz, a normally festive holiday, as Israeli airstrikes landed in Tehran. With little information coming out of Iran, it was not clear how much damage its arms, nuclear or energy facilities have sustained in the punishing US and Israeli ..
A sizeable number of US Patriot air defence missiles have been moved from Europe toward the Middle East as Washington diverts resources toward its war on Iran, leaving concerning gaps in Europe's air defences against Russia, US defence officials have said. The officials spoke on condition of anonymity to discuss sensitive military matters. One of the officials said stocks of Patriot missiles are "absolutely" dwindling in Europe and elsewhere because of the war in Iran, and added the situation is "pretty concerning." Asked to comment on the missiles being moved, White House press secretary Karoline Leavitt said in a statement to AP: "The US military has more than enough munitions, ammo, and weapons stockpiles to achieve the goals of Operation Epic Fury laid out by President Trump - and beyond.
A sizeable number of US Patriot air defence missiles have been moved from Europe toward the Middle East as Washington diverts resources toward its war on Iran, leaving concerning gaps in Europe's air defences against Russia, US defence officials have said. The officials spoke on condition of anonymity to discuss sensitive military matters. One of the officials said stocks of Patriot missiles are "absolutely" dwindling in Europe and elsewhere because of the war in Iran, and added the situation is "pretty concerning." Asked to comment on the missiles being moved, White House press secretary Karoline Leavitt said in a statement to AP: "The US military has more than enough munitions, ammo, and weapons stockpiles to achieve the goals of Operation Epic Fury laid out by President Trump - and beyond.
The development comes shortly after Iran's Foreign Minister warned that Tehran would view the UK's decision to allow US access to its bases as 'participation in aggression'
The development comes shortly after Iran's Foreign Minister warned that Tehran would view the UK's decision to allow US access to its bases as 'participation in aggression'
Israel did promise to avoid further attacks on Iran's South Pars gasfield the day after an Iranian retaliatory strike on Qatar caused damage
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In the 12-day war of 2025, Israel and Iran traded attacks from June 13 to June 24. There are unconfirmed reports Israel was running out of interceptors by the end, when the US brokered a ceasefire
Retail investors remain resilient amid Iran war volatility, shifting towards index investing, diversification, and long-term strategies, says smallcase CEO.
No decision had been made to send troops into Iran itself, two of the officials told Reuters, but they will build up the capacity for potential future operations in the region
That war resulted in years of chaos and instability and created a power vacuum that led to the rise of the Islamic State terrorist group
Brent futures fell $1.24, or 1.1 per cent, to $107.41 a barrel as of 0148 GMT, while US West Texas Intermediate (WTI) crude fell $1.24, or 1.3 per cent, to $94.90
"Without the USA, NATO IS A PAPER TIGER!" Trump said in a social media post
Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices ended 0.67 per cent and 0.09 per cent higher, respectively.