US authorities made such a step because of concerns regarding the inflation shock, primarily for the US economy, in connection with closing of the Strait of Hormuz, CEO of US-based Navigator Principal ...

Iranian regime releases first statement from new supreme leader who says the closure of the Strait of Hormuz should be ...

Meanwhile, Israel launches a new wave of strikes at Tehran, with footage showing an explosion near a pro-establishment rally ...

A US military refuelling plane has gone down over Iraq with four crewmembers dead, the US military's CENTCOM has said today as the US military scrambled a search and rescue operation ...

The Iran war shows no signs of letting up after US President Donald Trump suggested that operations could last for another three to four weeks, despite global energy instabilities. Trump says ...

A major US-Israel military campaign against Iran, dubbed Operation Epic Fury, has escalated into a broad regional conflict spanning multiple countries. Israel has conducted large-scale strikes on ...

President Donald Trump on Thursday suggested that oil tanker crews should “show some guts,” as Iran attacks tankers trying to cross the crucial Strait of Hormuz and oil prices soar. The president, ...

Kharg Island, a small strip of land in the northern Persian Gulf, is widely considered one of Iran's most sensitive economic targets. The island has been left untouched, however, during nearly two ...

Multiple explosions were reported across Iran’s capital, Tehran, and other cities as the war in West Asia continues to escalate. Follow Firstpost’s Live Coverage of the escalating tensions.

Stocks continued to stabilize on Wall Street after some turbulence earlier this week. A spike in crude oil prices brought on ...

The US Treasury Department announced that it was taking steps to further ease sanctions on Russian oil as crude prices surge ...

With the route now disrupted and cargoes stranded, pressure on Washington to act has intensified. Yet, as of mid-March, the answer remains uncertain.