In view of the deepening oil crisis in most countries due to the Middle East conflict, America had given permission to buy oil from Iran and Russia despite the sanctions, which is now ending. The US has refused to take it forward. US Treasury Secretary Scott Besant announced on Wednesday (April 15) that Washington will…
The fierce war that has been going on between America and Iran for 40 days has finally come to an end. A 14-day ceasefire has been agreed between US and Iran. Under the agreement, Tehran has agreed to open the Strait of Hormuz on its own terms. The White House has described the US campaign…
US President Donald Trump seems to be in a mood for a ‘one-on-one’ fight with Iran regarding the ongoing war in the Middle East. In his address to the nation, Trump made it clear that Operation Epic Fury against Tehran is still going on. Also warned of major attacks on Iran in the next two…
USD vs INR: The Indian rupee depreciated past 93 against the US dollar for the first time on Friday, marking its sharpest single-day decline in more than four years, amid concerns over the impact of Iran’s war-driven disruptions to global energy supplies on Asia’s third-largest economy. The rupee dropped over 1% to 93.7350 per dollar,…
Hours after the Israeli attack on the world’s largest gas field, Iran fired ballistic missiles at Ras Laffan Industrial City in Qatar. Qatar Energy Company has confirmed that the attack caused significant damage to the facility and caused a fire. An Iranian missile caused an explosion According to Qatar’s Defense Ministry, Iran fired a total…
Former US official Joe Kent has given a big statement regarding the Middle East war, a day after his resignation. He said that Israel played a role in escalating this conflict and Iran was not close to making nuclear weapons at that time. Joe Kent, who has been the director of the National Counterterrorism Center….
Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan Al Saud on Wednesday took a tough stance against Iran, saying that his country has the full right to take military action against Iran. While talking to journalists, he said that Iran does not believe in talks with its neighbors but instead tries to put pressure on…
Ali Larijani, Iran’s most powerful security chief and secretary of the Supreme National Security Council (SNSC), has died in an Israeli air strike. Along with him, son Murtuza Larijani, office head Ali Reza Biyat and several bodyguards were also killed. Iran itself confirmed this. Israel described it as a ‘precise operation’, but there is a…
Russia has proposed to provide crude oil to Pakistan at cheap prices. Russian Ambassador to Pakistan Albert Khorev said in a press conference on Tuesday that Moscow is ready to supply oil at concessional rates if Islamabad formally approaches. Pakistan should take advantage of the opportunity: Russia Ambassador Khorev said, ‘We can give oil to…
US Fed meeting: The US Federal Reserve began its two-day policy meeting on March 17, with the outcome slated to be announced later tonight, March 18. The Federal Reserve meeting comes against the backdrop of the US-Iran conflict, which has heightened uncertainty in the global economy. The tensions, which began on February 28, have disrupted…
