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Maximo Torero, chief economist of the United Nations (UN) organization FAO, has warned that the world is moving towards a major food crisis. He said that the supply of fertilizer has been badly affected due to the closure of Hormuz. Since the start of the war, the supply of fertilizer has almost stopped, due to…
Iran has said that in the current situation the Strait of Hormuz will not be reopened. Iranian Parliament Speaker Mohammad Baqer Ghalibaf said that this is not possible amid ceasefire violations. Ghalibaf alleged that the US blockade is targeting Iranian ports and is like holding the global economy hostage. He said that complete ceasefire is…
Iran’s firing on two Indian-flagged oil tankers in the Strait of Hormuz has raised new questions about whether Iran can protect the ships of friendly countries or not. This attack on Saturday has created an uncomfortable situation for Iran because India is not its adversary and in recent weeks, under the temporary relaxation in US…
America has taken possession of an Iranian cargo ship. According to President Trump, this ship named Tosca was trying to cross the Strait of Hormuz. It was stopped by the American destroyer USS Spruance. According to Trump, the ship ignored warnings, after which the US Marines intercepted it. He wrote on social media, “At present…
America has taken possession of an Iranian cargo ship. According to President Trump, this ship named Tosca was trying to cross the Strait of Hormuz. It was stopped by the American destroyer USS Spruance. According to Trump, the ship ignored warnings, after which the US Marines intercepted it. He wrote on social media, “At present…
A major diplomatic stir is now being seen amid the ongoing tension between Iran and America. The next round of talks between the two countries can be held in Islamabad next week. Although neither side has officially announced the date yet, the activities happening on the ground are pointing in this direction. read more Pakistani…
Iran has said that it does not trust America. Parliament Speaker Mohammad Bagher said that the situation can worsen at any time. For this reason the army is fully prepared. Ghalibaf said that if Iranian ships could not pass through the Strait of Hormuz, then ships of any other country would also not be allowed…
Crude oil has become cheaper by 13% after Iran’s announcement of completely opening the Hormuz Route for commercial ships. On Friday, April 17, the price fell by about $13 to $86 per barrel. A day ago, the price of crude oil was $ 99.39 per barrel. Before the war started on February 28, crude oil…
Amidst the increasing tension between America and Iran regarding the Strait of Hormuz in the Middle East, China has also made its strategic move in the other corner of Asia. While the eyes of the world are fixed on this important oil route, China is quietly busy strengthening its hold in the South China Sea….
The situation in the Strait of Hormuz is very tense at present. America is taking strict action against the activities of ships related to Iran there. Meanwhile, a new defense agreement has been signed between America and Indonesia on April 13. Under this agreement, American military aircraft are now allowed to move more easily in…