Iran has stated that the Strait of Hormuz, a key route for global oil transport, will remain open for select countries, including India, despite ongoing tensions in the Middle East. The strait is crucial for international trade,

After four weeks of conflict, U.S. President Donald Trump expressed optimism over the possibility of peace talks with Iran, stating that recent discussions had been "very good and productive." However, Iran quickly dismissed Trump’s claims, with a military spokesperson declaring, "Do not call your defeat an agreement." The strong rebuttal from Tehran suggests any resolution is far from imminent and casts doubt on Trump's diplomatic efforts. While Trump has attempted to engage Iran

The global economy faces significant risks if oil prices reach $150 per barrel, warns Larry Fink, CEO of BlackRock. In recent days, Brent crude surpassed $110 per barrel, causing a substantial market reaction, and a new report suggests that prices could climb even further, especially if the ongoing U.S.-Iran conflict escalates. Fink emphasized that if oil prices continue to rise, the world would face a major economic shock rather than a gradual adjustment. The impact would be felt a