Latest Global energy supplies News & Updates

Tehran, April 7 (IANS) With only a few hours left before US President Donald Trump’s deadline to reopen the Strait of Hormuz ends, Iran’s Foreign Ministry on Tuesday displayed the country’s hardened stance once again, asserting that the logic of applying “brute force” will stand defeated. “The power of a ‘CIVILIZED’ nation’s culture, logic, and faith in its righteous cause will undoubtedly prevail over the logic of brute force. A nation that has every faith in the righteousness of its path shall…

Washington, April 7 (IANS) US President Donald Trump on Tuesday warned that “a whole civilization will die tonight, never to be brought back again” as he signalled a “complete and total regime change” in Iran, framing the unfolding crisis as one of the most consequential moments in modern global history.In a post on his social media platform, Trump struck a stark and urgent tone, suggesting both imminent destruction and the possibility of political transformation.“A whole civilization …

Washington, March 21 (IANS) The United States has announced a 30-day sanctions waiver permitting the sale of Iranian oil currently stranded at sea, in a move aimed at easing mounting pressure on global energy supplies triggered by the ongoing conflict with Iran.Taking to X, US Treasury Secretary Scott Bessent said the decision is intended to quickly stabilise global markets by unlocking already available oil supplies.“By temporarily unlocking this existing supply for the world, the United Stat…

Washington, March 18 (IANS) US forces have carried out fresh strikes on Iranian missile positions along the Strait of Hormuz, targeting what military officials described as a direct threat to international shipping, as Operation Epic Fury intensifies.US Central Command (CENTCOM) said the strikes involved “multiple 5,000-pound deep penetrator munitions” against “hardened Iranian missile sites along Iran’s coastline near the Strait of Hormuz.” It added that “the Iranian anti-ship cruis…

Washington, March 1 (IANS) President Donald Trump said US forces have destroyed and sunk nine Iranian naval ships and struck key military facilities, escalating what appears to be a widening confrontation with Tehran.“I have just been informed that we have destroyed and sunk 9 Iranian Naval Ships, some of them relatively large and important,” Trump wrote. “We are going after the rest — They will soon be floating at the bottom of the sea, also!”He added, “In a different attack, we lar…