Global crude oil prices have climbed to their highest levels in nearly two months as escalating tensions between the United States and Iran, along with supply disruptions linked to the Ukraine conflict, heightened concerns over energy markets. Read More: Oil prices fall on higher US crude inventories Physical crude cargo prices across the Middle East, Europe […]
US Iran tensions
Abbas Araqchi warns Trump against further military escalation
Iranian Foreign Minister Abbas Araqchi has warned that any further military escalation by the United States would come at a heavy cost, responding to renewed threats by US President Donald Trump over the ongoing conflict between Washington and Tehran. Read More: US-Iran peace hopes dim after Trump cancels Islamabad talks In a statement posted on X, […]
PSX declines as oil prices fuel market fears
The Pakistan Stock Exchange (PSX) remained under pressure on Friday, extending losses from the previous session as escalating tensions between the United States and Iran, combined with soaring global oil prices, weighed heavily on investor confidence. Read More: PSX had fallen 419.87 points to 175713.69 points on market During intraday trading, the benchmark KSE-100 Index dropped […]
Trump threatens strikes on Iran infrastructure
US President Donald Trump has warned Iran of possible strikes on its infrastructure if attacks are carried out against ships in the Strait of Hormuz. He said any such action would receive a strong response. The warning adds to rising tensions between Washington and Tehran. Trump said the United States could target Iranian infrastructure in […]
Iran rejects US threats against nuclear facilities
Iran has rejected US threats and attacks against its nuclear facilities, calling the actions a violation of international law and global agreements. Tehran said the country would respond to any threats against its sovereignty. Iranian Foreign Ministry spokesperson Esmaeil Baqaei made the remarks on Wednesday in a statement shared on social media. He accused Washington […]
Israeli intelligence claims Iran moved centrifuges to underground nuclear site
Israeli intelligence officials have claimed that Iran moved thousands of uranium enrichment centrifuges to a deep underground facility known as “Pickaxe Mountain” or “Kuh-e Kolang” last year, according to reports. Read More: Vance accuses Israelis of undermining Iran negotiations The Wall Street Journal reported that US and Israeli officials believe Iran relocated the advanced centrifuges to tunnels built deep […]
Trump dismisses Iran’s MoU exit amid rising regional tensions
US President Donald Trump dismissed Iran’s decision to withdraw from the US-Iran memorandum of understanding, saying he “couldn’t care less” as tensions between Washington and Tehran continue to rise despite last month’s agreement. He stressed that the United States remains focused on preventing Iran from acquiring a nuclear weapon, describing it as the administration’s top […]
Khamenei says US actions undermine trust and diplomacy
Iran’s Supreme Leader Mojtaba Khamenei said repeated United States violations of the memorandum of understanding with Tehran had proved that President Donald Trump’s signature was “worthless” and lacked credibility. His remarks came as military exchanges between both countries intensified following the collapse of last week’s ceasefire, raising renewed fears of a wider regional conflict. Read […]
Iran suspends implementation of US memorandum
Iran has suspended implementation of its memorandum of understanding (MoU) with the United States, according to Deputy Foreign Minister Kazem Gharibabadi. The announcement marks a further escalation in tensions between Tehran and Washington. Iranian officials blamed repeated US violations of the agreement. According to Iranian media, Gharibabadi said the United States had continued to breach […]
Oil tops $87 amid US-Iran tensions
Global oil prices climbed to their highest levels in months as tensions between the United States and Iran intensified. The rally pushed Brent crude above $87 per barrel and triggered declines across major global stock markets. Higher energy prices could increase inflationary pressures in oil-importing countries, including Pakistan. Brent crude rose $3.10, or 3.68%, to […]