Trump reimposes blockade on Iranian ports, declares US 'Guardian of the Strait of Hormuz,' and imposes a 20% cargo toll amid renewed US-Iran tensions.
Read Full ArticleSaudi Aramco has cut Arab Light crude prices for Asian buyers by $11 per barrel for August deliveries, the largest single-month price reduction in at least 26 years, as the Strait of Hormuz reopens, Brent retreats to $72, and a global supply surge shifts market power sharply toward buyers.
India will send Minister of State Pabitra Margherita and Bihar Governor Lt Gen Syed Ata Hasnain to represent the country at Ayatollah Khamenei's state funeral in Iran, scheduled July 4–9.
Iran warns of unprecedented retaliation as U.S. threats over its nuclear program intensify, raising legal, diplomatic, and geopolitical concerns.
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