Why are oil prices soaring? Trump says Iran ceasefire ‘over’, impact on stocks

Hindustan Times News

oil price Oil prices rose sharply on Wednesday as fresh tensions between the United States and Iran stoked concerns that global oil supplies could be affected. The latest rise comes in the wake of a U.S. military strike against Iran, adding to concerns that the conflict could escalate. The fighting has put pressure on a … Read more

Evening News Report: US warships dispatched to blockade Hormuz; Noida sees more violent protests over wage demands and wage demands

Evening News Report: US warships dispatched to blockade Hormuz; Noida sees more violent protests over wage demands and wage demands

The U.S. Central Command said it would impose a blockade on Iranian ports starting on Monday after talks broke down. After protests broke out in Noida, the Uttar Pradesh government set up an inquiry team, blaming “vested interests” for the violence. Iran warns Hormuz blockade could trigger disproportionate surge global fuel prices. Arvind Kejriwal sought … Read more

Hormuz spat: Iran mocks Trump for ‘blocking them’ with ‘100% Dr’ sarcasm

Hormuz spat: Iran mocks Trump for 'blocking them' with '100% Dr' sarcasm

US President Donald Trump. (AP Photo) Iran mocked U.S. president on Monday Donald Trump Earlier in the day, he mocked his lockdown statement with a meme that read “Break the enemy’s blockade by blocking the enemy’s blockade.”In addition to memes, Iran has also mocked Trump by writing in his style. “Believe me, I 100 percent … Read more

Iran threatens to close Strait of Hormuz after Trump warning

Iran threatens to close Strait of Hormuz after Trump warning

Iran threatened on Sunday to “completely close” the Strait of Hormuz if U.S. President Donald Trump follows his warning to attack Iranian energy facilities within 48 hours. The Islamic Revolutionary Guard Corps (IRGC) said energy bases in countries where U.S. bases are located would be “legitimate” targets.The US president warned: “If Iran does not fully … Read more

Iran war fallout: Sri Lanka switches to 4-day work week to save fuel

Iran war fallout: Sri Lanka switches to 4-day work week to save fuel

Representative image (AI generated) Amid the ongoing Middle East crisis, Sri Lanka has declared every Wednesday a public holiday to save fuel as the island nation grapples with possible fuel shortages following a war between the United States and Israel with Iran.“We must prepare for the worst but also hope for the best,” President Anura … Read more

WATCH: Video shows huge fire after tanker explodes off the coast of Basra, Iraq

WATCH: Video shows huge fire after tanker explodes off the coast of Basra, Iraq

An explosion in the Persian Gulf off the coast of Basra, Iraq, killed at least one person and set two oil tankers on fire on Wednesday, with officials suspecting it was caused by an attack.Reuters reported that Iranian ships carrying explosives may have rammed the vessels, citing preliminary findings from an Iraqi-led investigation into the … Read more

‘Wouldn’t be of much help to them’: Trump downplays reports of Russia sharing intelligence with Iran

'Wouldn't be of much help to them': Trump downplays reports of Russia sharing intelligence with Iran

New Delhi: US President Donald Trump on Saturday played down reports that Russia may be sharing intelligence with Iran to help target US troops in the Middle East, saying such information “would not be of much help to Iran” as the conflict continues to escalate.Trump told reporters aboard Air Force One en route to Miami … Read more