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Oil prices hit two-week lows on Monday on optimism that the U.S. and Iran were moving closer towards a peace deal even though they remained at odds over key issues, including blockades on the Strait of Hormuz that continued to restrict oil supply #8288;from the Middle East. MORE..

25 May 2026 (10:48 AM)

A liquefied natural gas tanker was exiting the Strait of Hormuz and heading to Pakistan on Monday while a supertanker with Iraqi crude for China left the Middle East Gulf on Saturday after being stranded for nearly three months, shipping data showed. MORE..

25 May 2026 (8:25 AM)

President Masoud Pezeshkian on Sunday said that Iran is prepared to reassure the international community that it is not pursuing nuclear weapons, reiterating Tehran s commitment to diplomacy and regional stability amid talks with the US...MORE..

25 May 2026 (7:54 AM)