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President Trump has delayed an ultimatum against Iran, citing 'productive' and 'very strong' talks, even as Iranian officials publicly deny such negotiations and confirm no talks have been held during the war, with reports also suggesting possible direct US-Iran talks in Pakistan.
The ongoing Middle East war continues to trigger global economic fallout, with the dollar rising and the IEA chief warning of a 'major threat' from the Strait of Hormuz crisis, as experts now highlight significant disruptions to worldwide supply chains, leading to stuck ships and higher costs, prompting companies like Core Labs to cut financial guidance, driving US crude oil futures to rise, causing crypto prices to jump on hopes of a resolution in the Iran conflict, and leading to globally surging fuel prices that diminish small comforts and grow worries.
United States President Donald Trump has made a detour to Elvis Presley's Graceland in Memphis, shifting attention from the Iran war and airport turmoil to tout crime-fighting efforts.
The US is reportedly weighing the deployment of elite airborne troops and has informed allies about a potential ground invasion of Iran's Kharg Island to end the Strait of Hormuz blockade. Hawks within the US are pushing for the takeover of the key oil export center.
Nigerian businessman Aliko Dangote met with President Bola Tinubu in Lagos, discussing his UK visit and warning that the Middle East crisis could raise oil prices and force Nigerians into work-from-home scenarios, similar to the COVID-19 pandemic.
Japan's foreign minister stated that the country is not considering seeking permission from Iran for Japanese oil tankers to pass through the Strait of Hormuz.
An explainer details the rise and influence of Mohammad-Bagher Ghalibaf, a powerful IRGC insider and parliament speaker, who has emerged as a central figure in Tehran's power structure despite a history of failed presidential bids.
The Nigeria Employers’ Consultative Association (NECA), Nigeria Labour Congress (NLC), and other business groups have collectively warned that Nigerian businesses face imminent closures and job losses due to the escalating impact of rising global oil prices from the Middle East war.
Brazil's president has proposed a joint venture between Mexico's state oil company Pemex and Brazil's Petrobras, aiming to help Pemex exploit deepwater fields in the Gulf of Mexico and achieve gasoline self-sufficiency goals.
Global Brent oil prices recovered some losses in after-hours trading, topping $100, as traders anticipate further developments in the Iran conflict to drive market activity.
Two Indian-flagged LPG tankers, Jag Vasant and Pine Gas, successfully transited the Strait of Hormuz carrying substantial cooking gas, marking the fourth Indian vessel passage since the conflict's onset, with Iran denying claims of taking ransom for their passage.
US President Donald Trump's shifting remarks on Iran, including backing off threats to strike Iranian energy infrastructure, have sent shockwaves through financial markets, leading to strong fluctuations, a slide in oil prices, and a rebound in European and US stocks.
Amid analysis of Iran's resilience and potential escalation, Iran has issued a warning of retaliation against Gulf energy and water infrastructure. In response to Trump's threats, Iran has now published lists of potential energy targets in the Middle East and announced new 'surprises' for the US and Israel, while Israel launches new strikes on Tehran, including a deadly early morning strike on a residential building. Reports indicate that the US and Israel have collectively struck over 9,000 targets in Iran, including damaging or sinking 140 Iranian naval vessels.
Ukrainian President Volodymyr Zelenskiy has reiterated claims that Ukraine possesses 'irrefutable' evidence of Russia continuing to provide intelligence to Iran, suggesting such activity could prolong the war in the Middle East.
An Iranian military spokesman reiterated Tehran's 'full control' over the Persian Gulf, Oman’s territorial waters, and the Strait of Hormuz, warning it would maintain control by 'any means' necessary and stating that countries outside the region have no right to interfere.
NATO Secretary General Mark Rutte has reaffirmed that NATO allies support US military actions in Iran and consistently demonstrate unity, assuring continued alliance support for President Trump's approach.
Israeli media reports, citing an unnamed Israeli official, allege that Washington has set April 9 as a target date to conclude the ongoing war with Iran, allowing for approximately 21 more days of fighting and negotiations.
Thailand's fuel shortage crisis is beginning to ease after the Department of Energy Business reported that a series of government interventions have stabilized supply and distribution.
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US officials in the Donald Trump administration said the ultimate objective of the war in Iran was to prevent the development of long-range nuclear ballistic missiles capable of striking the US…
A political cartoon by Michael Ramirez titled "Outnumbered" offers commentary on the current state of the U.S. economy, the Iran war, and rising gas prices.
Mohamed El-Erian's commentary highlights that the world's dependence on capital from the Gulf region is deeper than many realize, and the ongoing Iran war poses a significant risk to this global financial flow.
Gold and silver prices plunged to a four-month low globally, wiping out $2 trillion, with gold briefly falling below $4,300. While gold has trimmed some of its huge losses, volatility is expected to continue as the Iran war rattles investors and the Middle East conflict contributes to economic uncertainty.
Reuters revealed details of a phone call between Israeli Prime Minister Benjamin Netanyahu and President Donald Trump, suggesting Netanyahu convinced Trump to approve an Iran operation by arguing for the joint killing of Iranian Supreme Leader Khamenei.
New York stock exchanges closed with significant gains, with major indices rising, influenced by falling oil prices and statements from Trump regarding Iran. Global crude oil prices fell about 10% and Wall Street stocks rallied after Donald Trump announced he was holding off military strikes on Iran's power plants following 'constructive talks' with Tehran, despite Iran denying negotiations, with oil prices falling below $100.
The draft explicitly condemns attacks and threats against commercial vessels in the Strait of Hormuz, highlighting their impact on international trade, energy security, and the global economy.
Sultan al-Jaber condemned Iranian attacks on the Strait of Hormuz as an act of terrorism, while Donald Trump confirmed US talks with Tehran on ending the war. Financial commentator Jim Cramer cautioned that Monday's stock market rebound, sparked by optimism over these potential peace talks, may be temporary.
Malacañang is establishing a crisis committee to address the country's supply of food and petroleum products, responding to the ongoing Iran war and its potential impact on essential commodities.
Congress faces a steep political battle over a $200 billion Iran war spending request, with Trump sending mixed signals on whether the funds are needed.
Oil States International has announced that its Chief Financial Officer, Hadjik, will take over as the new President and CEO, succeeding the retiring Taylor.
The Metropolitan Police chief stated it is 'too early' to attribute blame to Iran for the Golders Green incident, which is being treated as an antisemitic hate crime rather than a terrorist act by Scotland Yard.
Tehran denies secret US Iran negotiations after Trump’s claims cause oil prices to fall.
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