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US, Iran claim victory ahead of signing deal

Washington, June 17 -- The US and Iran are preparing to formally sign their interim peace deal in Switzerland on Friday, with both sides claiming victory and oil traders and shippers unsure over how q... Read More


Trump seeks early deal, Iran says revisiting text

DUBAI/WASHINGTON, June 15 -- Iran pushed back on Donald Trump's assertion the warring countries would sign an interim peace deal to reopen the Strait of Hormuz as soon as Sunday. The Islamic Republic'... Read More


Latest US proposal has 'narrowed the gap': Iran

Tehran, May 22 -- Iran said the latest proposal from the US has partly bridged the gap between the warring sides, as they seek to turn a fragile ceasefire into a peace deal. Tehran is in the process o... Read More


Traffic in Strait of Hormuz halts as Trump weighs Iran's new proposal

London, May 4 -- Traffic through the Strait of Hormuz has come to a virtual standstill while US President Donald Trump weighs Tehran's latest peace proposal. Hopes of an early easing of the twin block... Read More


US has become oil supplier of last resort

New York, May 4 -- The tankers have been arriving from all over the world in unprecedented numbers. After loading up in Alaska and along the US Gulf Coast, they head back out to sea - to Japan, Thaila... Read More


Biggest container carrier plans to bypass Hormuz

London, May 3 -- The world's largest container carrier plans a new service linking Europe with isolated Middle East ports, using trucking across Saudi Arabia and smaller vessels in the Persian Gulf in... Read More


US naval blockade will keep pushing up oil prices: Iran

washington/london, May 2 -- US President Donald Trump vowed to maintain a naval blockade on Iran and was briefed by commanders on further military options, according to a report, underscoring the frag... Read More


Adani Group eyes restructuring to push accelerated growth

India, May 2 -- Billionaire Gautam Adani's conglomerate unveiled plans to overhaul its operating model, in an effort to cut decision-making time as it pushes for accelerated growth across businesses. ... Read More


Adani Group eyes Restructuring as It Positions for Growth

India, May 2 -- Billionaire Gautam Adani's conglomerate unveiled plans to overhaul its operating model, in an effort to cut decision-making time as it pushes for accelerated growth across businesses. ... Read More


U.S. govt Seeks Forfeiture of Seized Oil Tankers Linked to Iran

washington, May 1 -- The US is seeking forfeiture of two Iran-linked oil tankers seized by naval forces enforcing a blockade against the Islamic Republic, according to a senior administration official... Read More