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US Blockade on Iran is Going Global

US Defense Secretary Pete Hegseth said on Friday that a US blockade on Iran is going global, adding Tehran had a chance to make a “good deal” with Washington.

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Oil Prices Rise As Iran Seizes Container Ships in the Strait of Hormuz

Oil prices rose Wednesday, as Iran claimed to have seized two ships in the Strait of Hormuz shortly after President Donald Trump extended the ceasefire.

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A Convoy of Oil Tankers Cross the Strait of Hormuz

A convoy of oil tankers was crossing the Strait of Hormuz on Saturday, the first major movement of ships in the crucial waterway since the US and Israel launched their war on Iran

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President Donald Trump Says Strait of Hormuz Will ‘Open Fairly Soon’

President Donald Trump told reporters on Friday that the US will have the Strait of Hormuz “open fairly soon” but did not elaborate and acknowledged that it will not be an easy step.

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US and Iranian Negotiators Hold Talks to End Their War

US and Iranian negotiators held their highest-level talks in half a century in Pakistan on Saturday to try to end their six-week war

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France to Further Reduce It's Reliance on U.S Technology

This is the latest effort by France to reduce its dependence on U.S. tech giants and use technology and cloud services originated within its borders, known as digital sovereignty

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U.S to Allow Countries to Temporarily Purchase Certain Russian Oil Products

The Trump administration issued a new license allowing countries to temporarily purchase certain Russian oil products, the same day Brent crude prices settled above $100 per barrel

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Oil Surges this Week for Biggest Gain

U.S. crude oil on Friday posted its biggest weekly gain in futures trading history, as the escalating war in the Middle East has triggered a major disruption to global fuel supplies.

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Oil Shipping Paused in the Strait of Hormuz

Oil shipping has largely paused in the Strait of Hormuz that links the oil-rich Persian Gulf to the open seas after the US and Israel bombed Iran

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Emirates Temporarily Suspends All Operations To And From Dubai

Due to multiple regional airspace closures, Emirates has temporarily suspended all operations to and from Dubai, up until 1500hrs UAE time on Sunday, 1 March.

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U.S. and India Reach a Trade Deal

The U.S. and India have reached a trade deal and will immediately move to lower tariffs on each other’s goods, President Donald Trump announced.

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The United Nations is at Risk of "Imminent Financial Collapse"

António Guterres said the UN faced a financial crisis which was "deepening, threatening programme delivery", and that money could run out by July.

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