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Oil prices cooled down on Friday, after US signalled negotiations with Iran were ‘going very well’ and pushed the deadline with the country for 10 days. Both benchmarks, Brent crude and West Texas Intermediate (WTI) were down 2%. Brent crude touched $108 per barrel before easing to $105.75 per barrel, down 2.08%. West Texas Intermediate…
Democrat Ethan Agarwal urged president Donald Trump to review ban on Iranian students. Silicon Valley entrepreneur Ethan Agarwal, who is running for Congress in California-17 as a challenger to Ro Khanna in Dem primary, urged President Donald Trump to reconsider his immigration ban on Iran as that would force thousands of Iranian students who will…
Reliance Industries Limited on Thursday rejected media reports alleging that it purchased crude oil of Iranian origin, terming the claims baseless and misleading, reported news agency ANI. In a statement issued in response to the reports, the company said, “We categorically reject recent media reports that the company has purchased crude oil of Iranian origin….
Videos circulating on social media appear to show Israeli air defence systems engaging incoming projectiles over central Israel during Iran’s latest ballistic missile launches, as tensions in the region remain sharply elevated. The clips show multiple bright streaks criss-crossing the night sky, followed by flashes consistent with mid-air interceptions. 100 Rockets A Day: Hezbollah Intensifies…
Iran on Monday denied holding any negotiations with the United States, dismissing claims by President Donald Trump as “fake news” stating it was aimed at manipulating “oil markets.““No negotiations have been held with the US, and fake news is used to manipulate the financial and oil markets and escape the quagmire in which the US…
Oil prices tumbled sharply on Monday after US President Donald Trump ordered a five-day halt to planned military strikes on Iranian power plants and energy infrastructure, easing fears of escalation in the Middle East conflict.Brent crude fell more than 13% during the session, dropping to a low of $96 per barrel after trading above $104…
Iranian forces fired long-range missiles for the first time on Saturday, marking an expansion of the conflict beyond the Middle East and raising concerns that European capitals could be within reach. The strikes also injured dozens of people near Israel’s nuclear site.Iran launched two 4,000-kilometer-range ballistic missiles at the US-UK military base Diego Garcia in…
NEW DELHI: Following a temporary waiver issued by the US administration on sanctioned Iranian oil stranded at sea, Indian refiners on Saturday said they would be keen to buy the crude, even as Tehran maintained that no surplus stocks existed.US treasury secretary Scott Bessent announced the waiver on Friday, saying that by temporarily unlocking this…
As the US temporarily eases sanctions on Iranian oil imports, Indian refiners are eyeing a resumption of crude purchases from Tehran.According to Reuters, several Indian refining companies are awaiting government direction and clarification from Washington on payment terms before finalising shipments. Watch HUGE VICTORY For Iran? U.S. Forced To Lift Oil Sanctions Under Global Pressure;…
After Russian crude, the US has now issued a 30-day sanction waiver on Iranian oil, currently at sea, to ease rising concerns about energy supply flows as Middle East conflict continues to boil. US treasury secretary Scott Bessent said that the authorisation applies specifically to Iranian crude and petroleum products that are already in transit….
