The Strait of Hormuz is one of the world’s most important shipping lanes, carrying a significant share of global oil and liquefied natural gas exports. Tehran temporarily restricted passage through the waterway during the recent conflict with the United States and has since suggested that vessels transiting through it could face future service or transit […]
US-Iran
US and Iran Remain Divided Over Nuclear Inspections and Frozen Assets
Despite recent diplomatic progress, US-Iran nuclear inspections dispute remains a major point of disagreement between Washington and Tehran. US President Donald Trump claimed that Iran had agreed to allow international inspections of its nuclear facilities indefinitely, but Iranian officials rejected the statement and insisted that no such commitment was made during the negotiations. The conflicting […]
Dar says Israeli attacks on Lebanon nearly derailed US-Iran talks
Deputy Prime Minister and Foreign Minister Mohammad Ishaq has said that Pakistan’s diplomatic efforts have succeeded in bringing the United States and Iran to the negotiating table despite recent regional escalations that threatened to derail the process, as the spoilers never wanted this deal to happen. The deputy prime minister, in an interview with Al […]
Vance warns Israel against criticising US-Iran deal
US Vice President JD Vance on Thursday issued an extraordinary rebuke to Israeli critics of the Iran deal, warning them not to alienate their “only powerful ally” left in the world. Vance told members of Israeli Prime Minister Benjamin Netanyahu’s cabinet to “wake up and smell the reality,” amid growing tensions between Netanyahu and US […]
Islamic nations to discuss regional peace in Cairo
Diplomatic engagement among key Islamic countries is set to intensify as the foreign ministers of Pakistan, Saudi Arabia, Turkey and Egypt prepare to meet in Cairo on June 21. The high-level gathering comes at a significant moment for the region following recent developments involving the United States and Iran, as well as ongoing tensions across […]
Gold extends gains after US-Iran peace deal
Gold rose more than 2% after US and Iran officials said they had reached an initial agreement to end their war. By 0536 GMT the spot gold price had risen 2.5%, to $4,323.29 an ounce, its highest since June 9, and extended gains for a 3rd straight session. US Gold Futures for August Delivery rose […]
Punjab CM welcomes US-Iran deal, lauds Pakistan’s diplomatic efforts
Punjab Chief Minister Maryam Nawaz Sharif on Monday welcomed the Iran-US peace agreement and credited Pakistan’s diplomatic efforts for helping facilitate the breakthrough, paying tribute to the country’s political, military and diplomatic leadership. In a statement, the chief minister said the agreement reflected Pakistan’s constructive role in promoting peace and stability, adding that history would […]
Bilawal welcomes US-Iran peace deal
Chairman of Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari Monday welcomed the conclusion of a peace agreement between the United States (USA) and Iran, saying it as an important step towards reducing regional tensions and promoting peace through dialogue. In a statement, Bilawal Bhutto said the agreement marked a positive development that reflected the statesmanship […]
UN ‘encouraged’ by reports of possible US-Iran peace deal: spokesperson
UN Secretary-General Antonio Guterres is “encouraged” by the general tone of reports indicating the US and Iran are close to an agreement to end their war., his spokesperson has said, UN spokesman Stéphane Dujarric told journalists at UN Headquarters in New York that while the UN is holding off on definitive comments due to the […]
Oil prices surge as US-Iran tensions threaten supplies
Global oil prices climbed sharply on Thursday after tensions between the United States and Iran intensified, raising fresh concerns about energy supplies from the Middle East. Investors reacted to reports of further military escalation and growing uncertainty surrounding one of the world’s most important oil transportation routes. Brent crude rose by $1.48 to reach $94.58 […]