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US President Donald Trump intensified pressure on Iran on Sunday as diplomatic efforts to end months of conflict in the Middle East appeared to edge closer to collapse. Fresh tensions erupted after reports emerged detailing Washington’s demands for restarting nuclear negotiations, while a drone strike near the United Arab Emirates’ Barakah nuclear power plant further…
Rupee began its last trading session of the week in red, falling 45 paise against the US dollar to 94.67 in early trade as rising crude oil prices and fresh tensions around the Strait of Hormuz dragged down market sentiment. Opening at 94.58 in the interbank foreign exchange market, the domestic currency slipped further as…
US stock markets traded cautiously near record levels on Monday as rising oil prices and fresh tensions around the Strait of Hormuz kept investors on edge, AP reported.The S&P 500 slipped 0.1 per cent after touching an all-time high, while the Dow Jones Industrial Average fell 216 points, or 0.4 per cent, as of 9:35…
US Navy secretary John Phelan has stepped down with immediate effect, the Pentagon announced on Wednesday, marking the first departure of a military service chief during Donald Trump’s second term and the latest in a series of leadership changes at the department of defense.Pentagon spokesperson Sean Parnell confirmed the move, saying Phelan was “departing the…
NEW DELHI: Iran on Wednesday seized two vessels, one of them bound for Gujarat, against the backdrop of mounting tensions in the Strait of Hormuz, where the Trump-Tehran confrontation continues to intensify.The development comes close on the heels of a tense episode in which Iranian forces opened fire on an India-bound ship attempting to pass…
Iran’s paramilitary Revolutionary Guard opened fire on a container ship in the Strait of Hormuz on Wednesday, damaging the vessel in a fresh escalation as ceasefire talks failed to take off.The United Kingdom Maritime Trade Operations (UKMTO) said the attack occurred around 7:55 am (local time), when a Guard gunboat approached the ship and opened…
Iran’s parliament speaker Mohammad Bagher Ghalibaf on early Monday took a shot at the US, warning that energy pricing is increasingly being driven by sentiment rather than fundamentals, as tensions around the Strait of Hormuz continue to rattle global supply chains.Also read: Iran rejects second round of talks with US in PakistanIn a post on…
Iran has rejected participation in a second round of peace talks with the United States, sharply escalating tensions amid renewed naval confrontations. Iran’s official news agency IRNA reported that there are “no plans” for further negotiations at this stage, blaming Washington for what it described as excessive demands, shifting positions and “constant contradictions”. It also…
US president Donald Trump on Sunday said a US delegation will travel to Islamabad for fresh talks with Iran, days after an earlier round of negotiations failed in the Pakistani capital.“My representatives are going to Islamabad, Pakistan. They will be there tomorrow evening, for negotiations,” he wrote on Truth Social. Watch Lula Targets Trump, Putin,…
Pakistan’s stock market saw a sharp sell-off on Monday, with the benchmark KSE-100 index plunging nearly 6,000 points as the collapse of US-Iran ceasefire talks and rising tensions in the Strait of Hormuz hit investor sentiment.KSE-100 index dropped 3.5 per cent to hit an intraday low of 1,61,638, reversing last week’s sharp rally when it…
