US renews Russian oil waiver after pressure from countries dealing with Iran war price shocks – World
The Trump administration on Saturday renewed a waiver allowing countries to buy sanctioned Russian oil at sea for about a month, even as lawmakers accused the government of going easy on Moscow as its war on Ukraine grinds on. The United States Treasury Department’s waiver lets countries purchase Russian oil and petroleum products loaded on […]
Iran reimposes control over Strait of Hormuz as ships report gunfire
Iran’s armed forces say Hormuz back under military control, cite US blockade’s ‘piracy’ Birds fly near a boat in the Strait of Hormuz amid the U.S.-Israeli conflict with Iran, as seen from Musandam, Oman, March 2, 2026. Photo: Reuters Iran said it was tightening control over the Strait of Hormuz on Saturday, warning mariners that […]
Iran says no date set for next round of negotiations with US
Trump says more direct talks likely this weekend, but diplomats doubt Islamabad logistics will allow it No date has been set for the next round of negotiations between Iran and the United States, Iran’s deputy foreign minister said on Saturday, adding that a framework of understanding must be agreed on first. The highest-level US-Iran talks […]
CDF Munir concludes 3-day Iran visit, discusses sustainable regional peace: ISPR – Pakistan
Chief of Defence Forces (CDF) and Chief of Army Staff (Coas) Field Marshal Asim Munir and Interior Minister Mohsin Naqvi have concluded a three-day official visit to Iran, the Inter-Services Public Relations (ISPR) said on Saturday. The discussions focused on “bringing sustainable peace to the region, with particular emphasis on the evolving regional security environment, […]
The Iran war has revealed Trump’s pressure point: the economy – World
Seven weeks of war have failed to topple Iran’s theocratic rulers or force them to meet all of President Donald Trump’s demands, but for US adversaries and allies it has cast a spotlight on one of his central vulnerabilities: economic pressure. Even with Iran’s announcement on Friday that it was reopening the Strait of Hormuz […]
Turkey says Iran gas pipeline contract nearing expiry, no talks yet on extension
Agreement provides for delivery of 9.6 billion cubic metres of gas a year, but actual flows have often fallen short Turkey’s Minister of Energy and Natural Resources Alparslan Bayraktar speaks during the conference ‘Energy Security in the World and Turkey: Risks and Solutions in Critical Minerals’ at the Sabanci University Istanbul International Center for Energy and Climate […]
Iran says Strait of Hormuz open for commercial vessels after Lebanon deal – World
Iranian Foreign Minister Abbas Araqchi said on Friday that the Strait of Hormuz was open following a ceasefire accord agreed in Lebanon. Araqchi said in a post on X that the Strait was open for all commercial vessels for the “remaining period of ceasefire”. It was not immediately clear whether he was speaking of the […]
Necropolitics and the manufacture of indifference in Iran and beyond – Prism
By keeping regions in a state of collapse, global actors create a legal grey zone where the standard costs of doing business, fair wages, environmental restoration, and corporate liability simply evaporate. Ancient maps are often labelled with a warning: “Hic Sunt Dracones”* (here be dragons), marking the point where civilisation ended, and the unknown began. […]
Oil falls by over 11% after Iran FM declares Strait of Hormuz open
Brent fell $11.12 to $88.27; WTI dropped $11.40 to $83.29 amid sharp declines in oil prices A map showing the Strait of Hormuz, also known as Madiq Hurmuz, and 3D printed oil barrels are seen in this illustration taken March 26, 2026. PHOTO: REUTERS Oil prices plunged by about 11% on Friday, extending earlier losses, […]
Iran FM announces Hormuz’s opening for all commercial vessels till ceasefire’s remaining duration
Says decision is in line with the ceasefire in Lebanon; Trump says ‘thank you’ on Truth Social The Iranian foreign minister on Friday announced the opening of the strategic Strait of Hormuz for the passage of all commercial ships for the remainder of the US-brokered 10-day truce between Israeli forces and Hezbollah agreed between Israel […]