US President Donald Trump dismissed Iran’s decision to withdraw from the US-Iran memorandum of understanding, saying he “couldn’t care less” as tensions between Washington and Tehran continue to rise despite last month’s agreement. He stressed that the United States remains focused on preventing Iran from acquiring a nuclear weapon, describing it as the administration’s top […]
US Iran tensions
Khamenei says US actions undermine trust and diplomacy
Iran’s Supreme Leader Mojtaba Khamenei said repeated United States violations of the memorandum of understanding with Tehran had proved that President Donald Trump’s signature was “worthless” and lacked credibility. His remarks came as military exchanges between both countries intensified following the collapse of last week’s ceasefire, raising renewed fears of a wider regional conflict. Read […]
Iran suspends implementation of US memorandum
Iran has suspended implementation of its memorandum of understanding (MoU) with the United States, according to Deputy Foreign Minister Kazem Gharibabadi. The announcement marks a further escalation in tensions between Tehran and Washington. Iranian officials blamed repeated US violations of the agreement. According to Iranian media, Gharibabadi said the United States had continued to breach […]
Oil tops $87 amid US-Iran tensions
Global oil prices climbed to their highest levels in months as tensions between the United States and Iran intensified. The rally pushed Brent crude above $87 per barrel and triggered declines across major global stock markets. Higher energy prices could increase inflationary pressures in oil-importing countries, including Pakistan. Brent crude rose $3.10, or 3.68%, to […]
US-Iran tensions push oil prices to months-high levels
Escalating tensions between the United States and Iran have pushed global oil prices to their highest levels in several months, while stock markets around the world faced selling pressure amid growing concerns over energy supply disruptions. Read More: Petroleum prices likely to rise in next review Oil prices surged by nearly 4 per cent on Friday, […]
China urges US, Iran to ease Hormuz tensions
China on Tuesday urged the United States and Iran to restore safe navigation through the Strait of Hormuz, calling for immediate efforts to reduce tensions. Beijing said reopening secure shipping routes is essential for global energy supplies and international trade. The appeal comes as renewed confrontation in the Gulf raises concerns over regional stability and […]
Trump reinstates blockade on Iranian ports
US President Donald Trump announced on Monday that the United States will reinstate its naval blockade targeting Iranian ports in the Strait of Hormuz. He said international shipping through the strategic waterway would remain open despite the renewed measures. The announcement marks another escalation in the ongoing confrontation between Washington and Tehran. In a post […]
Trump proposes US-run Hormuz security
US President Donald Trump said on Monday that the United States should take control of the Strait of Hormuz and be compensated for protecting the strategic waterway. His remarks came as military tensions with Iran intensified and shipping through the vital oil route remained disrupted. The proposal underscores growing concerns over global energy security and […]
PSX declines as Middle East tensions weigh on markets
The Pakistan Stock Exchange (PSX) came under significant selling pressure on Monday as escalating tensions in the Middle East and a sharp rise in global oil prices dampened investor confidence. Read More: PSX tumbles after Trump Iran move The benchmark KSE-100 Index fell to an intraday low of 179,448.52, losing 2,793.25 points, or 1.53%, from its […]
Pakistan, Saudi Arabia urge restraint amid renewed US-Iran tensions
Deputy Prime Minister and Foreign Minister, Senator Mohammad Ishaq Dar on Saturday held a telephonic conversation with Prince Faisal bin Farhan Al Saud, Foreign Minister of Saudi Arabia and exchanged views on the recent developments in the region. They expressed deep concern over the escalations despite the signing of the Islamabad MoU between the United […]