Washington, April 16 (IANS) The United States expects the ongoing conflict involving Iran to ease within weeks, with the Energy Secretary expressing confidence that the economic impact, particularly on oil markets, will remain contained.Speaking at a Wall Street Journal policy discussion, US Energy Secretary Chris Wright said the situation would not trigger prolonged economic strain despite a temporary spike in fuel prices.“I think the conflict will be resolved in the next few weeks,” Wright…
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Washington, April 11 (IANS) The United States and Iran are heading into high-stakes ceasefire talks in Islamabad amid deep mistrust, competing demands and mounting pressure on both sides to find an exit from the conflict, according to mainstream American media reports.As The Washington Post reported, the two sides appear to share little common ground beyond “their need to find an exit ramp from the war.”Ahead of the talks, both countries accused each other of acting in bad faith. US Presiden…
Tehran, April 4 (IANS) Iran’s Foreign Minister Seyed Abbas Araghchi said on Saturday that Tehran seeks to secure the terms of a “conclusive and lasting” end to the US and Israeli war imposed on the country. He made the remarks in a post on social media platform X while highlighting one of Iran’s main preconditions for an end to the ongoing conflict, and reacting to US media reports that the country has refrained from attending ceasefire talks with the United States in the Pakistani capital Islam…
New York, March 31 (IANS) As the Israel-United States campaign against Iran veered off course from its claimed aims and began hitting global economies, President Donald Trump told his allies on Tuesday, “The hard part is done. Go get your own oil,” hinting he may be ready to wind down the war without a definitive opening of the Hormuz Strait. Trump’s hint came after a Wall Street Journal report on Monday that he told aides he would be willing to drop demands on opening the Strait, leavi…
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…
Washington, March 12, (IANS) The White House pushed back sharply against critical reporting in major US newspapers on the Trump administration’s handling of the war with Iran and its impact on global energy markets, accusing the media of spreading a “fake narrative” about the objectives of the military campaign.Press Secretary Karoline Leavitt said reports suggesting confusion or “mixed messaging” about the goals of Operation Epic Fury were incorrect.“The left-wing media is lying and…
Los Angeles, March 10 (IANS) Hollywood actor Hugh Jackman has a musical side which he rarely brings out for special ones. The actor sang for his fellow Australian Rupert Murdoch at his 95th birthday party. The actor sang tunes from ‘The Greatest Showman’, as well as covers of ‘Fly Me to the Moon’ and ‘New York, New York’ at the celebration, which took place in New York, reports ‘Variety’.He closed out his performance with a rendition of ‘I Still Call Australia Home’. While un…
Washington, March 9 (IANS) Oil prices surged past $100 a barrel as the conflict involving Iran disrupted energy flows through the Strait of Hormuz and rattled global markets.US President Donald Trump defended the spike. He said higher oil prices were a temporary cost tied to confronting Iran’s nuclear threat.“Short-term oil prices, which will drop rapidly when the destruction of the Iran nuclear threat is over, is a very small price to pay for U.S.A., and World, Safety and Peace,” Trump wr…
Washington, March 8 (IANS) Tehran has emerged as the epicentre of an intensifying war as US and Israeli airstrikes pound targets across Iran’s capital, leaving widespread destruction and deepening fears of a prolonged conflict, a media report said.Thousands of munitions have struck locations across the sprawling city, hitting military sites, security installations, and infrastructure tied to Iran’s defence apparatus. The strikes have also damaged cultural landmarks and civilian areas, unders…
New Delhi, March 5 (IANS) US-based investment banker Morgan Stanley has reportedly laid off about 2,500 employees, or roughly 3 per cent of its global workforce, starting in early March, reports have said.The job cuts are not linked to artificial intelligence-related reforms but stem from shifting business priorities, a revised global location strategy and performance reviews of employees, according to a Wall Street Journal report, citing sources.The reported layoffs span across the bank’s thr…