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Iran s Islamic Revolutionary Guard Corps say they control the Strait of Hormuz, a vital shipping route for oil and gas, and any vessels seeking to pass through the waterway risk damage from missiles or stray drones. MORE..

4 Mar 2026 (12:43 PM)

Gold prices in Sri Lanka have recorded a sharp decline of Rs. 13,000, driven by a downward trend in the global gold market, according to latest market data. MORE..

4 Mar 2026 (12:34 PM)

Regarding the Iran situation, a Chinese spokesperson said on Wednesday that China calls for an immediate stop to military operations, preventing further escalation of tensions, and resuming dialogue and negotiations to uphold peace and stability in the Middle East. MORE..

4 Mar 2026 (2:51 PM)

The U.S. Navy could begin escorting oil tankers through the Strait of Hormuz if necessary, President Donald Trump said on Tuesday, adding he had ordered the U.S. International Development Finance Corporation to provide political risk insurance and financial guarantees for maritime trade in the Gulf. MORE..

4 Mar 2026 (12:28 PM)

Oil prices rose 1% on Wednesday as the U.S.-Israeli war on Iran disrupted Middle East supplies, but the pace of gains slowed from past sessions after President Donald Trump raised the possibility of the U.S. Navy escorting vessels through the Strait of Hormuz. MORE..

4 Mar 2026 (12:09 PM)

A large explosion has been reported in eastern Tehran, according to Iranian state media and an AFP news agency reporter in the city. MORE..

4 Mar 2026 (3:18 PM)