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US President Donald Trump has said that the ongoing war with Iran will end very soon. He said that Iran wants to compromise, but America will not allow it to acquire nuclear weapons. Addressing an event of lawmakers at the White House, Trump said, we are going to end that war very quickly. They want…
US President Donald Trump has rejected Iran’s new peace proposal. “I read the response from the Iranian representatives. I don’t like it at all. Cannot accept it,” Trump wrote on Truth Social. Even before this, Trump had accused Iran of playing games. According to Iranian state media, Tehran sent its new proposal to the US…
Iraq’s government oil company is giving a discount of up to $ 33.40 per barrel on its ‘Basra Medium’ crude. Currently its price is around $120 per barrel. According to Bloomberg report, this discount is for those buyers who want to load oil in May. However, to get this cheap oil, tankers will have to…
The Trump administration is placing economic sanctions on a major China-based oil refinery and roughly 40 shipping companies and tankers involved in transporting Iranian oil. The move, announced Friday and first reported by The Associated Press, makes good on the Trump administration’s threat to impose secondary sanctions on companies and countries that do business with…
washington dc7 minutes ago copy link The ongoing war between Iran and America-Israel has now escalated so much that the Strait of Hormuz is almost closed. Because of this, hundreds of oil tankers are standing on both sides and are not able to move forward. Due to this, oil prices have crossed $ 100 per…