Tag: Iran

For much of America, the Iran war has meant pain at the pump. For Whirlpool, it has caused what it calls a “recession-level industry decline,” and higher appliance prices are coming as a result.

Oil prices fell sharply Wednesday on optimism that the U.S. and Iran were close to an agreement to end the conflict.

President Donald Trump said Sunday that the U.S. will attempt to “free” stranded ships that have been trapped by the Strait of Hormuz closure since the war with Iran began.

Iran has given the US a new proposal to reopen the Strait of Hormuz and end the war that includes postponing nuclear negotiations, Axios reported, citing a US official and two people with knowledge of the matter.

President Donald Trump on Tuesday extended the two-week U.S. ceasefire with Iran, saying the extension was warranted due to Tehran’s government being “seriously fractured.”

Fifty days into the U.S.-Israel war with Iran, tensions escalated again after clashes in the Gulf prolonged shipping disruptions and cast doubt on a fragile ceasefire set to expire this week.

Trump told the Financial Times on Sunday that his “preference would be to take the oil,” comparing it with the U.S. military operation in Venezuela earlier this year where the U.S. effectively gained control of the Latin American country’s oil industry

U.S. President Donald Trump announced a new extension of his deadline for Iran to reopen the Strait of Hormuz or face the destruction of its energy plants, after Iran rejected his ​15-point proposal to end the war he launched with Israel.

President Donald Trump on said in a Truth Social post Monday that he would order the U.S. military to postpone strikes on Iran’s power plants and energy infrastructure for five days following talks with Tehran’s authorities.

The United States is allowing Iranian oil tankers to transit the Strait of Hormuz, Treasury Secretary Scott Bessent told CNBC in an interview Monday.

Iran will allow Indian-flagged tankers ​to transit the Strait of Hormuz, a conduit for 40% of the South Asian nation’s crude imports, an Indian government source said ‌on Thursday, but an Iranian source outside the country denied any such deal was reached.

«Υπάρχει μεγάλη αβεβαιότητα και όλα θα εξαρτηθούν από την έκταση της κρίσης», δήλωσε στο mononews.gr ο Διοικητής της Τράπεζας Ελλάδος Γιάννης Στουρνάρας και συμπλήρωσε: «Οι επιπτώσεις στην οικονομία έρχονται πρωτίστως από την αγορά της ενέργειας».

President Donald Trump warned Iran on Thursday it must make a deal over its nuclear program or “really bad things” will happen, and set a deadline of 10 to 15 days, drawing a threat from Tehran to retaliate against U.S. bases in the region if attacked.

Iran’s supreme leader warned on Tuesday that U.S. attempts to depose his government would fail, as Washington and Tehran began indirect talks in Geneva on their long-running nuclear dispute amid a U.S. military buildup in the Middle East.

Donald Trump has at least temporarily pulled back from threats to strike Iran, saying he has been assured the killing of protesters has been halted and no executions are being planned.

Oil prices extended losses on Tuesday to hit a two-week low on what the market viewed as lower risk of supply disruptions in the Middle East, though U.S. President Donald Trump accused both Israel and Iran of violating a ceasefire he helped to broker.

President Donald Trump on Sunday indicated there was progress with Iran on its nuclear program and hinted that an announcement could come in the “next two days.”

President Donald Trump said the US had presented Iran with a proposal over Tehran’s nuclear ambitions and that the country’s negotiators needed to move soon on the offer as talks intensify.

Iranian oil shipments into China are set to fall in the near-term after new U.S. sanctions on a refiner and tankers, driving up shipping costs, but traders said they expect buyers to find workarounds to keep at least some volumes flowing.

Oil advanced as the US tightened sanctions against Iran and Russia, countering some of the slump triggered by a dour demand forecast from the International Energy Agency on Thursday.