Commercial shipping has come under attack in the Strait of Hormuz as the US and Iran exchange military action, raising fears the conflict could draw more Gulf states into the fighting. The conflict between the United States and Iran escalated sharply overnight, with attacks on commercial shipping, »»»

Oil prices continue to surge and have now reached a four-year high amid the war between the United States, Israel and Iran. On Thursday, Brent crude prices surged past $120 per barrel, the loftiest since March 2022. According to data accessed by Reuters, Brent crude futures rose to $122.31 a barrel»»»

AdvertisementUS, Israel war on IranAsiaSoutheast AsiaNo quick fix for Asian airlines even if Iran reopens Hormuz: IATA chiefWhile crude oil is likely to be cheaper after the US-Iran ceasefire, jet fuel costs will stay high for the short haul, IATA’s Walsh says 3-MIN READ3-MIN ListenReutersPublished»»»

Axios: The U.S. has agreed to a two-week ceasefire with Iran proposed by Pakistan, President Donald Trump said Tuesday night. Iranian Foreign Minister Abbas Araghchi confirmed Tehran’s acceptance and said Iran would allow “safe passage” of the Strait of Hormuz during those two weeks “via coordinati»»»

Aqra bil- Malti The US and Iran have reached agreement on a two-week ceasefire. US President Donald Trump said the main condition is the reopening of the Strait of Hormuz. Iran’s Foreign Minister Abbas Araghchi said Iran agrees with the ceasefire as long as attacks on his country come to an end. Is»»»