Tehran’s foreign ministry has commented on recent operations targeting militia groups in Syria and Iraq The US has made a huge blunder by attacking targets in Iraq and Syria, as it will only further inflame […]
India has pivoted back to Iraq for its crude oil supplies with Russian imports held up by the Red Sea shut-in as well as the threat of US sanctions. Data from Kpler shows India has […]
Although the immediate effects of the Houthi attacks have not made a significant impact on the price of oil, the longer trade is disrupted and conflict is allowed to persist, the higher the chance will […]
Iran’s Supreme Leader Ayatollah Khamenei gave his official approval to a new 20-year comprehensive cooperation deal between the Islamic Republic of Iran and Russia. The agreement will replace the 10-year-deal signed in March 2001 and […]
The Pakistani government has condemned an alleged Iranian missile strike in the Balochistan province on Tuesday, claiming it has caused civilian casualties. Islamabad said it would lodge a protest with Tehran over the “unilateral action” […]
New Delhi has called the Houthi attacks on merchant vessels a “matter of great concern” for the international community Indian Foreign Minister Subrahmanyam Jaishankar, who was in Tehran for a two-day visit, has said that […]
The US-led group hit almost all targets but knocked out only about 25% of the militia’s assets, the report claims The US-led strikes on alleged positions of Houthi militias in Yemen have failed to significantly […]
Traders are purchasing call option spreads on Brent Crude, betting that oil prices will hit $110 per barrel by the end of March and April, with bets equivalent to around 30 million barrels. Current market […]
DUBAI, Jan 11 (Reuters) – Iran seized a tanker with Iraqi crude destined for Turkey on Thursday in retaliation for the confiscation last year of the same vessel and its oil by the United States, […]
BRICS members Russia and Iran have officially abandoned the SWIFT payment system for cross-border transactions. The two countries will initiate payments to settle international trade using direct bank transfers. SWIFT payment system is no longer […]
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