Washington, April 17 (IANS) Global oil prices plunged sharply on Friday after Iran announced that the Strait of Hormuz was “completely open” to commercial shipping during a ceasefire period, easing fears of prolonged supply disruption in one of the world’s most critical energy corridors. According to ‘The Wall Street Journal’, oil prices “plunged around 10 per cent” after Iran’s Foreign Minister said the strait was open following a ceasefire between Israel and Lebanon.The sharp drop …
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Washington, April 13 (IANS) Washington risks turning battlefield gains against Iran into a long-term strategic setback, former US Secretary of State Antony Blinken said, urging restraint and renewed diplomacy as a fragile ceasefire holds.In an interview to CNN’s Fareed Zakaria, Blinken said recent developments may amount to “tactical success… but strategic failure,” arguing that Iran retains key capabilities despite military pressure.“You can have a tactical success… but… what are …
Washington, April 12 (IANS) Democratic Senator Mark Warner warned on Sunday that the US faces a prolonged and uncertain conflict with Iran, as divisions sharpened in Washington over the next phase of the war following failed negotiations. “I don’t see how, 40-plus days into this war, that we are safer,” Warner said in an interview on CNN, casting doubt on claims of progress and urging clarity on the US administration’s strategy.Warner, Vice Chairman of the Senate Intelligence Committee, question…
Los Angeles, April 11 (IANS) Hollywood star Eva Longoria, who has enjoyed huge success in Hollywood, says that she’s currently focused on other interests. “My life’s work has been about entrepreneurship, especially with women and Latinas in my foundation,” Longoria told Extra!The actress also loves inspiring her son, Santi, by achieving success in front and behind the camera, reports femalefirst.co.uk.The actress shared: “Like every day, like, ‘Why did I have to leave at 5 a.m. and come home…
Washington, April 6 (IANS) The latest threat by US President Donald Trump to strike Iranian civilian infrastructure has triggered a domestic backlash with legal experts warning that such actions could violate international law, as tensions with Tehran escalate over the Strait of Hormuz.Trump warned that the United States could target Iran’s power plants and bridges if Tehran does not reopen the Strait of Hormuz, according to multiple media reports.“Tuesday will be Power Plant Day, and Bridge…
Washington, April 6 (IANS) US forces carried out a high-risk rescue of a downed American airman inside Iran, using a deception campaign and a complex military operation to extract him from hostile territory, according to multiple media reports.The mission followed the downing of a US F-15E fighter jet over Iran, leaving one crew member stranded for nearly two days as Iranian forces searched for him.US intelligence officials launched a deception effort to buy time, spreading false information tha…
Washington, April 5 (IANS) The closure of the Strait of Hormuz has triggered a widening global economic shock as energy markets reel from supply disruptions, according to a report.The Iran war’s impact on global energy flows is intensifying, with the effective shutdown of the Strait of Hormuz disrupting oil, gas and critical supply chains across continents, according to The Washington Post .The strategic waterway, through which about 20 per cent of the world’s oil passes, has become the foca…
Washington, April 3 (IANS) Latest US intelligence assessments show that roughly half of Iran’s missile launchers are still intact and thousands of one-way attack drones remain in Iran’s arsenal more than one month after the United States and Israel launched massive strikes on Iran, CNN reported.”They are still very much poised to wreak absolute havoc throughout the entire region,” a source familiar with the intelligence told the US media outlet.According to the report, the assessments also indic…
Washington, March 30 (IANS) US lawmakers are sharply divided over the prospect of deploying ground troops in Iran, with senior politicians warning of escalating risks, unclear objectives and the need for Congressional approval.The debate has intensified amid media reports of potential military escalation. CNN reported that “thousands more US service members arrive in the Middle East, as a new front opens in the war,” while President Donald Trump said the conflict is “not finished yet.”De…
Washington, March 25 (IANS) Oil markets swung sharply as investors weighed fears of a prolonged Middle East conflict against signs of possible diplomatic progress, with prices briefly topping $100 before retreating.Wall Street struggled for direction. Crude rose, bonds sold off, and stocks fell as conflicting signals emerged from Washington and the region, according to reporting by The Wall Street Journal.Front-month Brent crude climbed 4.6 per cent to $104.49 a barrel, while West Texas Intermed…