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Ayatollah Khamenei Funeral LIVE: Iran is preparing to bid a final farewell to former Supreme Leader Ayatollah Ali Khamenei, with a six-day funeral programme set to begin on July 4. Ahead of the ceremonies, Iranian state media reported that Khamenei’s coffin was taken to the site where he was killed during an unannounced event. Meanwhile,…
Brent crude futures rose nearly 2% in early Asian trade on Tuesday after the U.S. military carried out strikes in southern Iran in what it described as defensive actions, keeping markets on edge as a deal to end the war eludes both sides. Brent futures climbed $1.40, or 1.5%, to $97.56 a barrel as of…
Last Updated:May 18, 2026, 5:54 PM IST To produce more LPG, Indian refiners have reduced output of alkylates—key additives used in motor fuels that help gasoline burn more cleanly. People waiting with empty LPG cylinders for refilling, in a village on the outskirts of Uttar Pradesh’s Jewar district. (AFP file photo) The global energy market…
The United States is still awaiting Iran’s response to its latest proposal aimed at formally ending more than two months of fighting and launching broader peace negotiations. The proposal reportedly seeks to end the ongoing conflict before moving to more contentious discussions, including Iran’s nuclear programme. US President Donald Trump had earlier said he expected…
Iran has reversed course on reopening the Strait of Hormuz and reimposed restrictions on the critical waterway, a day after US President Donald Trump said he will continue its naval blockade in “full force”. Iran’s military command, in a statement, said that Washington had broken a promise by continuing its naval blockade of ships sailing…
Iran could consider allowing ships to sail freely through the Oman side of the Strait of Hormuz without risk of attack as part of proposals it has offered in negotiations with the United States if a deal is clinched to prevent renewed conflict, a source briefed by Tehran said. The war has resulted in the…
Last Updated:April 01, 2026, 8:12 PM IST IEA warns Hormuz closure has caused record oil disruptions, with April losses set to double March, jet fuel and diesel shortages spreading from Asia to Europe IEA warns Hormuz closure has caused record oil disruptions, with April losses set to double March, jet fuel and diesel shortages spreading…
The ongoing tension between Iran and America is now at a dangerous point. Iran’s stance regarding the world’s most important oil route, the Strait of Hormuz, seems to be changing suddenly. In fact, US President Donald Trump had given a direct warning to Iran that if this sea route was not opened within 48 hours,…
The impact of the ongoing tension and war in West Asia is now directly visible on America’s economy and politics. The global energy crisis has deepened due to Iran blocking the movement of ships through the Strait of Hormuz. Due to this, the price of diesel in America has reached above $5 per gallon, due…
Iran is suffering huge losses due to the attacks by America and Israel. Iran’s Supreme Leader Ayatollah Ala Khamenei was killed at the beginning of the war and now Israel claims that it has killed Ali Larijani, Secretary of Iran’s Supreme National Security Council. But one of the biggest ironies of this conflict is that…