Oil inventories headed for decadal lows, says US agency

Total oil inventories in the OECD nations will fall to just under 2.3 billion barrels by December, the EIA said....

US CPI inflation accelerates to 4.2% in May

The third straight month of price rise will make newly-appointed US Federal Reserve chairman Kevin Warsh's task...

Crude oil prices rise as Trump issues latest threat to Iran

Oil prices rose immediately after Trump's latest threat, with US West Texas Intermediate crude oil at USD 90.11, up...

Explosion heard near Iran’s Qeshm island

An explosion was reported near Qeshm Island in southern Iran amid heavy overnight clashes. According to Mehr News...

Tehran cites UN self-defence clause for retaliatory strikes on US

Following US airstrikes on southern Iran, Tehran launched a retaliatory drone attack against the US Fifth Fleet in...

Iran FM talks regional friction with Saudi, Turkish counterparts

Following US precision strikes on southern Iran under 'Operation Epic Fury', Iranian Foreign Minister Abbas Araghchi...

Bahrain sirens blare after IRGC drone strike on US Fifth Fleet

Air raid sirens blared across Bahrain as the Interior Ministry urged residents to seek shelter. The emergency...

Jordan intercepts 5 Iranian missiles amid rising Gulf tensions

The Jordanian military intercepted five Iranian missiles targeting its Zarqa province, causing no casualties....

Iran claims targeting F-35 hangars, 21 US air, naval bases

Amid a rapidly evolving security situation in West Asia and the Gulf region, Iran's Islamic Revolutionary Guard...

Iran's IRGC drones strike US Fifth Fleet in Bahrain

Iran's IRGC launched a drone strike targeting the US Fifth Fleet headquarters in Bahrain, retaliating against recent...

US Central Command says strikes against Iran have concluded

The US military launched precision air strikes targeting Iranian air defence, radars, and ground control stations...

"Leave our region if you want to be safe": Iran warns US

In a post on X, Araghchi wrote, "Despite its defeats on the battlefield, the U.S. opted to test our...