SEOUL, May 27 - An Iranian anti-ship missile was likely involved in an attack on a cargo ship operated by local shipper HMM in the Strait of Hormuz earlier this month, South Korea's Foreign Ministry said on Wednesday. Saeed Koozechi, the Iranian ambassador to South Korea, denied Iran's role in the »»»

Iran's Foreign Ministry spokesman said Monday a "large portion" of obstacles to an agreement with the United States had been resolved, but said it was too soon to say a deal was ready to be signed. "To say that we have reached a conclusion on a large portion of the issues under discussion would be »»»

Doha, Qatar: Oil prices gained more than 3% on Friday after comments by US President Donald Trump and Iran’s foreign minister further dented hopes of a deal to end ship attacks and seizures around the Strait of Hormuz. The tone between the US and Iran has once again become significantly more confro»»»

Oil prices gained more than 3 percent on Friday after comments by US President Donald Trump and Iran’s foreign minister further dented hopes of a deal to end ship attacks and seizures around the Strait of Hormuz. The tone between the US and Iran has once again become significantly more confrontatio»»»

Despite a ceasefire that has been in effect for more than a month, the cost of the U.S. war with Iran keeps spiking higher, a senior Pentagon official said on Tuesday. Two weeks ago, the Pentagon claimed the war had cost $25 billion, a figure that analysts said was likely a gross undercount. In tes»»»

South Korea [Seoul], May 7 (ANI): The Iranian Embassy in Seoul has "firmly" rejected allegations linking the Iranian armed forces to the incident involving damage to a South Korean vessel operated by HMM in the Strait of Hormuz. In an official statement released on Thursday, the embassy said, "The »»»

TOKYO, May 7 : U.S. crude futures rose about $1 in early trade on Thursday, rebounding from the previous day's losses, as investors assessed prospects for a Middle East peace deal. U.S. West Texas Intermediate crude futures gained 80 cents, or 0.8 per cent, to $95.88 a barrel as of 2223 GMT after c»»»

European natural gas prices rose on Monday, reversing some losses notched at the end of last week, as investors gauged uncertainty around the trajectory of potential talks between the U.S. and Iran to extend a temporary ceasefire. By 08:41 ET (12:41 GMT), the benchmark Dutch front-month contract at»»»

The federal government’s pause of excise taxes on gasoline and diesel went into effect Monday as Canadians continue to feel the squeeze of the global oil crisis caused by the Iran war and the closure of the Strait of Hormuz. Prime Minister Mark Carney announced the gas tax holiday last week, adding»»»

UN Security Council to vote on Bahrain-sponsored proposal that would allow countries to use wide range of measures to open Hormuz President Donald Trump has passed on the responsibility of reopening the Strait to countries that rely on it US oil prices continue to climb on fears of escalation in Ir»»»

An electronic board showing the Korea Composite Stock Price Index at a dealing room of the Hana Bank headquarters in Seoul on Friday. (Yonhap) The South Korean won strengthened against the US dollar Friday, rebounding from a steep decline in the previous session, as talks on reopening the Strait of»»»

Photo credit: Agencies Pakistan on Thursday claimed Israel took Iranian foreign minister Abbas Aragchi and Its Parliament's speaker Mohammad Bagher Qalibaf off from its hit list on Islamabad's request to Washington to "not to target them".A Pakistani official told Reuters, "The Israelis had their .»»»

Brent crude oil on Thursday climbed towards $104 per barrel after losing more than 2% on Wednesday, with West Texas Intermediate trading near $92 amid the ongoing conflict in the Middle East. Oil prices rose as the US and Iran delivered opposing signals about attempts to resolve the conflict that h»»»

OVER the next few days, the joint US-Israeli aggression against Iran can go either of two ways: nascent attempts at a ceasefire, in which Pakistan is playing a major role, succeed and lead to a long-term settlement. Or, if ominous reports that the US ... »»»