Washington, June 2 (IANS) US President Donald Trump said that he was unconcerned about reports that Iran may halt negotiations with Washington, arguing that Tehran had taken too long in the talks and insisting that preventing Iran from obtaining a nuclear weapon remained his overriding objective.In a phone interview with CNBC’s senior Washington correspondent Eamon Javers, Trump dismissed suggestions that a breakdown in negotiations would significantly alter his approach, even as oil markets rea…
Latest Strait of Hormuz News & Updates
New Delhi, 1 June (IANS) The Government of India has received ₹2,12,679 crore, which represents 5.8 per cent of the total receipts for the corresponding BE 2026–27, for April this year. This comprises ₹1,78,492 crore of tax revenue (Net to Centre), ₹24,293 crore of non-tax revenue, and ₹9,894 crore of non-debt capital receipts on account of loan recoveries, according to a finance ministry statement issued on Monday. The monthly review of the Centre’s accounts also shows that ₹87,77…
Paris, June 1 (IANS) France is ready to support efforts to reach an agreement between the United States and Iran, French President Emmanuel Macron said on Monday.A multinational escort mission, co-led by France and Britain, is ready to be deployed “as soon as an agreement is reached” to help secure maritime traffic in the Strait of Hormuz, he said.Macron made the remarks on X following a phone call with US President Donald Trump on Sunday, Xinhua news agency reported.He said he welcomed Trump’s …
New Delhi, June 1 (IANS) A prominent Pakistani traders’ union has warned of nationwide protests if the government reimposes its decision to close markets early, calling on authorities to put an end to lockdowns aimed at conserving energy amid soaring fuel prices triggered by the Middle East conflict, a report has said.The report by Arab News highlighted that as part of its plan to reduce the consumption of costly imported fuels, the Pakistani government in April issued orders for shops, market…
New Delhi, June 1 (IANS) The Reserve Bank of India’s Monetary Policy Committee (MPC) is expected to keep interest rates on hold on June 5, as a sharp correction in Brent crude prices has eased concerns around inflation, a report said on Monday.The report from Emkay Global Financial Services noted that a significant improvement in India’s outlook for the external account over the past two weeks due to 22 per cent correction in Brent on hopes of a US‑Iran memorandum of understanding.”We expe…
Paris, June 1 (IANS) French President Emmanuel Macron has called for a rapid agreement between the United States and Iran, urging the reopening of the Strait of Hormuz without conditions and in accordance with international law. Macron said on social media on Sunday (local time) that he has spoken with Saudi Arabia’s Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz Al Saud, Oman’s Sultan Haitham bin Tariq, United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan and Egy…
Tehran, May 31 (IANS) Iranian Parliament Speaker Mohammad Baqer Ghalibaf said on Sunday that Tehran would not agree to any deal with the United States until the rights of the Iranian people were secured.Addressing an online parliamentary session, Ghalibaf stressed that Iranian negotiators had no trust in the “enemy’s” words and promises, according to the official news agency IRNA.”Our criterion is tangible achievements that we must attain in order to fulfil our commitments in return,” he said. “…
Washington, May 31 (IANS) White House National Economic Council Director Kevin Hassett said on Sunday that refineries in India and Pakistan were among those affected by disruptions caused by the closure of the Strait of Hormuz, expressing hope that fuel supplies and prices would ease once the key shipping route reopens.Speaking on ABC News’ “This Week”, Hassett said increased maritime traffic was already moving through the strait and suggested conditions could improve if ongoing negotiations suc…
Tehran, May 31 (IANS) Iran’s Islamic Revolution Guard Corps (IRGC) said in a statement on Sunday that it had shot down a US MQ-1 drone, the state-run Islamic Republic News Agency reported.The drone entered Iranian territorial waters with the intention of conducting hostile operations, but was promptly detected and brought down by air defence missiles, the report said.Earlier on Tuesday, the IRGC said that it reserved the “legitimate and definite” right to retaliate against any ceasefire violatio…
Tehran, May 31 (IANS) Despite US President Donald Trump’s claim that he had lifted a naval blockade on Iran, Iranian ships are still being barred from passing through the Strait of Hormuz, the semi-official Tasnim news agency reported.Citing Iranian sailors, the report said the restrictions remain in place and vessels continue to receive warnings from US Central Command not to enter the area.Trump said in a post on Truth Social on Friday that the US naval blockade “will now be lifted.”In the sam…