Paris: The International Energy Agency (IEA) has projected a significant recovery in the global oil market, forecasting a substantial supply surplus in 2027 as Middle Eastern oil production and exports gradually return to normal following easing tensions between the United States and Iran....
Iran has issued a strong warning to Israel, stating that continued military operations in southern Lebanon could trigger a severe response from Tehran. In an official statement, Iran’s Khatam al-Anbiya Central Headquarters announced that the country’s armed forces had suspended...
The United States and Iran appear to be moving closer to ending months of heightened tensions in the Middle East, with Iranian Foreign Minister Abbas Araqchi announcing that the two sides are expected to formalise a memorandum of understanding (MoU) in Switzerland on Friday. According to I...
An international commercial oil tanker was struck by an unidentified projectile off the coast of Oman on Friday, raising fresh concerns over maritime security in one of the world’s most critical energy transit corridors. According to maritime authorities, the vessel reported being hi...
U.S. President Donald Trump on Thursday announced that a “Great settlement” aimed at ending the ongoing conflict involving Iran had been reached in principle, expressing confidence that a formal agreement could be signed in Europe within the coming days. In a statement, Trump s...
Iranian President Masoud Pezeshkian has said that Iran will not yield while its “dignity, land and soil” are being infringed upon, signaling a firm stance amid rising hostilities with the United States. Pezeshkian’s remarks came after the United States confirmed that it h...
Iran launched a wave of missile and drone attacks against American military facilities across the Middle East on Wednesday, targeting bases in Bahrain, Kuwait and Jordan in retaliation for recent US military strikes near the Strait of Hormuz. The escalation marks one of the most serious di...
Yemen’s Iran backed Houthi movement has claimed responsibility for a missile attack on Israel and announced a ban on Israeli maritime navigation in the Red Sea, marking a significant escalation in regional tensions amid the ongoing Israel-Iran conflict. The Houthis said their forces ...
Saudi Arabia has called for restraint and warned that continued attacks in the Gulf region could push the Middle East toward greater instability, amid rising tensions involving Iran and several regional countries. In a statement issued by the Saudi Ministry of Foreign Affairs, the Kingdom ...
U.S. Secretary of State Marco Rubio strongly condemned the recent attack on Kuwait International Airport, describing it as “outrageous” and “unacceptable” during a meeting with Kuwaiti Foreign Minister Jarrah Jaber Al-Ahmad Al-Sabah in Washington. The attack reporte...
