The White House has asserted sweeping control over maritime traffic in the Gulf region, declaring that a US-led naval blockade around Iran is tightening and effectively restricting all movement of ships. Read More: Fired Navy secretary John Phelan challenges dismissal In a strongly worded statement, the administration of Donald Trump said the United States now […]
oil markets
Pakistan cuts diesel price by Rs 32.12 per liter after Hormuz reopening
The government of Pakistan has announced a significant reduction in diesel price, lowering the rate by Rs 32.12 per litre following improved global oil supply conditions after the reopening of the Strait of Hormuz. Read More: Govt slashes petrol price by Rs 12 per litre, diesel by Rs 135 According to official figures, the price of diesel has dropped […]
US, Russian President hold first talks since US-Israel strikes on Iran
WASHINGTON: Russian President Vladimir Putin’s envoy met with US negotiators in Florida on Wednesday, marking the first direct discussions between the two sides since the start of the US-Israel military campaign against Iran. Read More: US, Israel frame Iran strikes as religious war Steve Witkoff, President Donald Trump’s global envoy, said in a statement on X that the talks […]
China halts fuel exports amid Middle East energy fears
China has instructed its largest oil refiners to suspend exports of diesel and gasoline as concerns grow over potential global energy shortages triggered by the escalating conflict in the Middle East, according to a report by Bloomberg News on Thursday. Read More: Middle East tensions disrupt Pakistan’s meat exports The move comes as tensions in the […]
Trump urges Iranian authorities to protest as Tehran presses death charges
Iranian authorities have announced that some individuals arrested during recent anti-government demonstrations will face charges punishable by death, as US President Donald Trump urged citizens to continue protesting. Read More: Trump urges Iranians to keep protesting, says ‘help is on its way’ In a post on Truth Social, Trump wrote: “Iranian Patriots, KEEP PROTESTING — TAKE OVER YOUR INSTITUTIONS!!!… […]