Crude oil prices reached a new record high in futures trade, both domestically and internationally, as escalating military tensions between the US and Iran in West Asia continue to fuel market volatility. Diplomatic efforts concerning the Strait of Hormuz are being closely watched for potential price stabilisation.
As tensions in the Middle East approach a critical juncture, reports have surfaced regarding a draft memorandum of understanding between the United States and Iran aimed at de-escalating the ongoing conflict, Iranian state media reported on Wednesday.
Tensions escalate between Iran and the US over control of the Strait of Hormuz, a crucial shipping lane for global oil supplies, as both sides discuss extending a fragile ceasefire.
In a significant diplomatic development, US and Iranian negotiators have reportedly reached a tentative 60-day memorandum of understanding (MoU) aimed at extending a fragile ceasefire and paving the way for formal talks regarding Iran's nuclear programme.
FIFA Secretary-General Mattias Grafstrom expressed confidence in Iran's participation in the upcoming World Cup after a meeting with Iran's FA President Mehdi Taj, despite concerns over visa issues and political tensions.
A second United States fifth-generation F-35 fighter jet was struck and downed over central Iran by a modern air-defence system of the Islamic Republic's Islamic Revolutionary Guard Corps (IRGC), with officials saying the pilot is unlikely to have ejected, Iranian state media reported on Friday.
FIFA Secretary-General Mattias Grafstrom will meet Iranian FA officials in Istanbul to offer reassurance over Iran's participation in the World Cup, amidst concerns raised by recent geopolitical tensions and visa issues.
Zolqadr's appointment comes through a presidential decree, endorsed by Supreme Leader Mojtaba Khamenei.
Tensions escalate between Iran and the US following an attack on an Iranian commercial vessel in the Sea of Oman, with both sides trading accusations over maritime security and ceasefire violations.
Instead of pride, many Iranian-Americans feel shame about the Iran team's participation in the World Cup and are demanding that FIFA boots the country out of the competition, protesters said in Los Angeles on Wednesday.
US Vice President JD Vance on Friday dismissed reports suggesting that Iran would receive financial incentives merely for signing the peace deal between Washington and Tehran aimed at ending the hostilities in West Asia, calling such claims "fake information".
Admiral Alireza Tangsiri was accused of leading efforts to disrupt maritime trade, including actions affecting the Strait of Hormuz.
The Islamic Revolutionary Guard Corps (IRGC) on Sunday issued a stark warning that American and Israeli universities in West Asia could be treated as 'legitimate targets' in retaliation for alleged United States and Israeli strikes on Iranian academic institutions and cultural infrastructure.
The Islamic Revolutionary Guard Corps (IRGC) has announced a series of military operations against US and Israeli targets in retaliation for earlier airstrikes. The IRGC claims to have launched multiple missile and drone strikes, and has warned against any potential ground operations within Iranian territory.
The operation reportedly extended to American assets, with the IRGC claiming that "US military bases in the region, namely Ali al-Salem in Kuwait, as well as al-Minhad and al-Dhafra in the United Arab Emirates, were also targeted."
Protests on multiple fronts disrupted the atmosphere outside the FIFA Congress in Vancouver on Thursday, as demonstrators raised sharply different concerns over global politics and local issues.
The IRGC accused US and Israeli forces of using civilians as 'human shields' and warned of continued attacks.
Earlier, another state media outlet showed a display of part of the IRGC's drone arsenal inside a large tunnel. Coinciding with the release of these visuals, the IRGC confirmed the launch of the 48th phase of its retaliatory campaign.
'As result, Netanyahu 'convinced' Trump to go to war with the help of overoptimistic Israeli intelligence assessments, essentially explaining to him that they only need to bomb Iran for 3-4 days, and the regime would then collapse.' 'Rather unsurprisingly, Netanyahu is ever since blaming his own intel service for the entire operation failing.'
The report said ships must submit full documentation, obtain clearance codes and accept IRGC-escorted passage through a designated corridor.
The Israel Defence Forces (IDF) have conducted a massive military operation targeting more than 200 infrastructure sites within Iran and an additional 140 Hezbollah assets across Lebanon.
The Islamic Revolutionary Guard Corps (IRGC) has declared the commencement of its 27th offensive under Operation True Promise 4, targeting American and Israeli positions in response to what it termed a new wave of 'unprovoked US-Israeli aggression against the Islamic Republic', Iranian state broadcaster Press TV reported.
United States President Donald Trump warned Iran of potential strikes on its infrastructure, including bridges and electric power plants, saying the US military 'hasn't even started destroying what's left in Iran'.
Palestinian soccer federation President Jibril Rajoub refused to stand alongside Israel FA Vice-President Basim Sheikh Suliman in a heated moment at the FIFA Congress on Thursday.
Iran's Supreme Leader Ayatollah Ali Khamenei claims a new chapter is emerging in the Persian Gulf due to the 'shameful failure' of the United States in the region, citing shifting regional dynamics and weakening foreign influence.
Iran's supreme leader Mojtaba Khamenei on Wednesday extolled the sacrifice and martyrdom of senior Iranian armed forces leaders as the conflict in West Asia enters into its second month.
The US Central Command (CENTCOM) announced the start of operations to clear mines in the Strait of Hormuz, a claim swiftly denied by Iran, leading to increased tensions in the region amidst stalled negotiations between the two countries.
Iran has issued a defiant response to United States President Donald Trump's claims regarding the conclusion of hostilities, asserting that it alone will 'determine' the end of military actions against American and Israel targets.
Satellite imagery and expert analysis suggest that a deadly explosion at a school in southern Iran last week was likely caused by a United States airstrike that also targeted a nearby compound linked to the Islamic Revolutionary Guard Corps (IRGC), according to media reports.
A new assessment by the Institute for the Study of War (ISW) reveals that a power struggle within Iran's leadership, with hardliners gaining influence, could significantly impact future negotiations with the United States.
A senior Iranian legislator has suggested that Tehran could further escalate pressure on its adversaries by targeting the Bab el-Mandeb Strait, raising concerns about global supply chain vulnerabilities.
US President Donald Trump's proposed peace deal with Iran has drawn significant criticism from both Republican and Democrat senators, who express deep concerns that it would legitimise Tehran as a 'dominant force' and potentially allow it to retain control over the Strait of Hormuz and uranium enrichment capabilities.
An air strike conducted by US and Israeli forces on the Black Mountain has resulted in the deaths of at least three individuals, Al Jazeera reported, citing Iranian state media.
The United States and Iran could be set to announce an agreement soon to achieve a complete solution to the hostilities in West Asia, as reported by Saudi state media Al Arabiya on Wednesday, citing sources familiar with the ongoing negotiations.
Iran has asserted that maritime movement through the Strait of Hormuz will be strictly controlled by Tehran, stating that passage will be allowed only through designated routes and under Iranian approval.
'Iran cannot trust the USA because it considers the USA to be Israel-controlled. And no, the IRGC is not going to accept anything else but major US concessions.'
A Pakistani man with ties to Iran has been convicted in a US court for plotting to assassinate former US President Donald Trump and other American politicians.
The Gujarat CID Crime has dismantled an international cryptocurrency network worth Rs 226 crore, revealing links to a front organisation of the terror group Hamas. Nine individuals have been arrested in connection with the syndicate, which is implicated in cyber fraud, narcotics, and terror funding.
In a clear message to international observers, the strategic site was pointedly "described as "the tip of the iceberg" regarding the nation's hidden arsenal.
As Iran heads into crucial peace talks with the United States of America, here are the six men who decide the Islamic Republic's course.
