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US President Donald Trump said that Washington agreed to a ceasefire with Iran as a “favour” to Pakistan.Speaking to reporters aboard Air Force One while returning from China, Trump said the US had accepted the truce at Pakistan’s request and had no plans, for now, to resume bombing Iran.“We did the ceasefire as a request…
Oil prices edged lower on Wednesday after posting gains for three straight sessions, as investors closely monitored the fragile ceasefire linked to the Iran conflict and awaited the outcome of a high-stakes meeting between US President Donald Trump and Chinese President Xi Jinping.As per Reuters, Brent crude futures fell 82 cents, or 0.76%, to $106.95…
MUMBAI: As tensions prevailing in West Asia rattled global markets, sending crude prices soaring and the Indian rupee to new lows, sensex lost another 1,456 points (1.9%) to close below the 75K mark, at 74,559 points.In two sessions this week, sensex has lost nearly 2,800 points or over 3% while in four sessions since May…
Rupee extended its losing streak on Tuesday, slipping to a record low of 95.63 against the US dollar in early trade, as it remained under pressure from rising oil prices, intensifying geopolitical tensions and fragile investor sentiment.The decline follows an already weak session on Monday, when rupee fell 82 paise to close at 95.31. Sentiment…
Oil price today: Oil prices extended their rally on Tuesday as uncertainty over the Middle East conflict continued to intensify, with the ceasefire proposal now hanging on “life support.” Brent crude futures were up 30 cents, or 0.29%, at $104.51 a barrel, while US West Texas Intermediate rose 31 cents, or 0.32%, to $98.38 at…
US President Donald Trump on Monday said the ceasefire with Iran was “on life support” after he rejected Tehran’s response to its proposal, raising fears of renewed escalation in the 10-week-old conflict that has remained under a fragile ceasefire since April 8.Days after Washington floated a proposal aimed at restarting negotiations with Tehran, Iran on…
Pakistan army chief Asim Munir on Sunday claimed that New Delhi approached the United States for mediation and a ceasefire following last year’s conflict after Operation Sindoor.While addressing a ceremony at General Headquarters in Rawalpindi to mark the first anniversary of ‘Marka-e-Haq’, the name given by Islamabad to the four-day conflict with India, Munir claimed…
Iran has sent its response to the latest United States ceasefire proposal through Pakistani mediators, seeking negotiations focused on a permanent end to the war across the region, including in Lebanon, where Israel continues military operations against the Iranian-backed Hezbollah group. However, US President Donald Trump swiftly rejected Tehran’s position, calling it “TOTALLY UNACCEPTABLE!” without…
US President Donald Trump on Friday announced a three-day ceasefire between Russia and Ukraine starting Saturday, expressing hope that the temporary truce could pave the way for a long-term agreement to end the war.The ceasefire, which will run from May 9 to May 11, will also include a mutual exchange of 1,000 prisoners from each…
The fragile ceasefire between the United States and Iran appeared dangerously close to collapse on Friday after fresh military exchanges in and around the Strait of Hormuz reignited fears of a wider Middle East conflict. The latest escalation came after the US military said it intercepted Iranian missiles, drones and fast attack boats targeting three…
