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US stock markets surged on Wednesday while oil prices plunged sharply as investors bet on a possible breakthrough in US-Iran negotiations that could reopen the Strait of Hormuz and restore global crude supplies, AP reported.The S&P 500 climbed 0.8 per cent and headed towards another record close. The Dow Jones Industrial Average rose 487 points,…
Iran denies reopening Hormuz amid US blockade Iran declared that reopening the Strait of Hormuz is not possible as long as the US blockade of Iranian ports continues. Iran’s parliament speaker, Mohammad Bagher Ghalibaf, said that any ceasefire between Tehran and Washington is meaningless unless the naval blockade and what he called the “hostage-taking” of…
US President Donald Trump on Saturday said that Chinese President Xi Jinping is “very happy” about the Strait of Hormuz reopening and that “much will be accomplished” during their meeting scheduled for next month.Taking to social media platform Truth Social, Trump claimed, “President Xi is very happy that the Strait of Hormuz is open and/or…
Iran has warned that the Strait of Hormuz could be shut again if the United States maintains its naval blockade, while launching a sharp attack on President Donald Trump’s claims, accusing him of spreading “seven lies in one hour”.In a post on X, Iran’s parliamentary speaker Mohammad Bagher Qalibaf dismissed Trump’s recent remarks, saying: “The…
The Strait of Hormuz has remained a critical chokepoint throughout the conflict involving the United States, Iran and Israel. US President Donald Trump has warned several times that if Tehran does not open the strategic waterway to full and safe traffic, it could face severe consequences.The Strait, a narrow passage lying between the Persian Gulf…
US President Donald Trump has told his aides that he is willing to end war without re-opening the Strait of Hormuz, which Iran has refused to unblock despite repeated warnings from the US president. This is another soft stance taken on Tehran as the latter has refused to budge after US-Israel initiated war.In recent days,…
(AI-generated image used for representation) The Strait of Hormuz is no longer just a shipping route and it has become a pressure point in a widening conflict in Middle East. As tensions escalate, this narrow stretch of water is now at the centre of a high-stakes standoff, where geography, military power and global energy flows…
Nirav Modi’s petition to reopen proceedings against his extradition to India was rejected on Wednesday by the High Court of Justice, King’s Bench Division, in London, which ruled that the application did not meet the threshold of “exceptional circumstances” required to revisit the case. The court held that the grounds presented, including reliance on the…
J&K LG Manoj Sinha (File photo) After a thorough security review and discussion, Jammu and Kashmir LG Manoj Sinha on Monday ordered the reopening of 14 tourist spots that were closed in the wake of the Pahalgam terror attack 10 months ago.Eleven of the 14 tourists to be opened immediately are in Kashmir Valley —…
SRINAGAR: Jammu and Kashmir LG Manoj Sinha held a crucial security review meeting at Raj Bhavan on Friday, following which he announced the reopening of 12 tourist destinations across the UT shut after the April 22 Pahalgam terror attack.While chairing the Unified Headquarters (UHQ) meeting, however, the LG asserted that the “war against terrorism is…
