U.S. Airstrikes Hit Inland Iranian Targets as Iran Attacks Shipping and U.S. Forces in the Gulf
The United States has intensified its campaign against Iranian military infrastructure, striking the 388th Mechanized As...
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US Airstrikes on Iranian Targets Follow Drone Attack on Oil Tanker in Strait of Hormuz
On Saturday, 27 June 2026, the United States Central Command (CENTCOM) announced that U.S. aircraft had struck multiple ...
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Americans Express Deep Skepticism Over Iran War Costs, Peace Deal and Strategy
When the U.S. and Israel launched Operation Epic Fury on February 28, 2026, the world watched the Strait of Hormuz close...
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Brent Crude Rebounds as Strait of Hormuz Traffic Rises, but U.S. Gas Prices Lag Behind
Brent crude has finally shed the war‑time weight, sliding back to pre‑February 28 levels as tanker traffic through t...
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Iran Wars End Leaves Global Energy Markets in a New Equilibrium
The United States and Israel’s military campaign against Iran, which began on 28 February 2026, has officially wound d...
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Defense Secretary Pete Hegseth Discusses Iran Deal and Strait of Hormuz on Face the Nation
On June 14, 2026, Secretary of Defense Pete Hegseth took the studio of CBS’s Face the Nation from Tennessee to address...
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US and Iran Sign Preliminary Deal to End War, Reopen Strait of Hormuz
On June 15 2026, Washington and Tehran announced a preliminary ceasefire that would bring an end to the four‑month con...
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U.S. and Iran Announce 60-Day Ceasefire, Lifting Blockade of Strait of Hormuz
On June 14, 2026, the world held its breath as the United States and Iran signed a 60‑day ceasefire that could reshape...
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US and Iran Reach Initial Ceasefire Extension Amid Ongoing Israel-Hezbollah Conflict
On Monday, June 18 2026, the United States and Iran quietly announced an initial ceasefire extension that could open the...
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U.S. and Iran Sign Memorandum to End 106-Day Conflict, Reopen Strait of Hormuz
On Sunday, the United States and the Islamic Republic of Iran announced that they will sign a memorandum of understandin...
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Trump Celebrates Iran Deal While Russia Launches Overnight Attack on Kyiv
On June 14, a quiet post on Truth Social by former President Donald Trump sent ripples across the globe: the United Stat...
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Strait of Hormuz Reopens, Oil Prices Ease, but Indian Fuel Costs May See Only Modest Relief
The Strait of Hormuz, the narrow channel that links the Persian Gulf to the Gulf of Oman, has reopened after the United ...
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Rupee Gains as Oil Prices Fall After US-Iran Ceasefire
The Indian rupee surged to 94.4625 per dollar on Monday, its strongest level in seven weeks, as global oil prices slippe...
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US-Iran Draft Memorandum Aims to End Conflict, Reopen Hormuz, but No Official Confirmation Yet
A draft memorandum of understanding between the United States and Iran could finally bring an end to months of hostiliti...
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Oil Prices Ease from Wartime Peaks, but Traders Await Formal Agreement on Strait of Hormuz Reopening
Oil prices are sliding back from wartime highs, offering a breath of relief to consumers and businesses. Yet, market exp...
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Trump Claims Near-Deal to Reopen Strait of Hormuz Amid Ongoing Oil Crisis
The 104‑mile Strait of Hormuz, the sole maritime corridor linking the Persian Gulf to the Gulf of Oman, has been effec...
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US Army Apache Helicopter Crashes Near Strait of Hormuz; Crew Rescued, President Trump Confirms Safety
A U.S. Army AH‑64 Apache attack helicopter went down near the Strait of Hormuz on Monday, June 8, 2026. Both crew memb...
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US Army Apache Helicopter Crashes Near Strait of Hormuz; Crew Rescued
On Monday, June 8 2026, a U.S. Army AH‑64 Apache attack helicopter went down in international waters just off the Stra...
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Indias Fuel Consumption Climbs Amid LPG Shortage and Rising Prices
In May 2026, India’s total fuel consumption edged up to 19.93 million metric tons, a modest rise of 0.46 million tons ...
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