Meanwhile, Iran’s joint military command is warning that all oil tankers moving through the Strait of Hormuz must use approved routes.
Türkiye, Pakistan to turn diplomatic momentum into stronger trade ties
Türkiye and Pakistan, which recently played a leading role in facilitating an understanding as mediators in negotiations between Iran and the U.S., …
Turkey and Israel should trade energy, not insults
A minister in Turkey has spoken of one day “ruling” Jerusalem. Israeli officials have warned darkly that Turkey is “the new Iran”. Listen to the volleys of invective flying in both directions, and you might think that two of the Middle East’s pivotal powers are heading for conflict.
Former Iran director at NSC: Crypto legislation is a ticket to sanctions evasion
As the Senate weighs the CLARITY Act, gaps in oversight could hand adversaries new ways to evade sanctions and launder money.
Iran’s Floating Oil Stockpile Swells as Major Buyers Stay Away
A hoard of Iranian oil is building up at sea, as the Islamic Republic struggles to find buyers before the expiry of a 60-day window granted by Washington.Most Read from BloombergMeta Is Planning a …
Gulf plans to cut the US out of Iran deal
The first talks were between Iran and Oman, then between Oman and Qatar, followed by Iran and Saudi Arabia, and finally, Qatar and Saudi Arabia – all aimed at hammering out what regional co-existence …
Iran detains Ilam city mayor in financial misconduct case
The mayor of Ilam, a city in western Iran, has been arrested over allegations of financial misconduct and administrative mismanagement, the …
Pakistan, Iran and the New Regional EquationPublished on: June 30, 2026 2:42 AM
Pakistan, June 30 — The significance of Iranian President Masoud Pezeshkian’s visit to Pakistan extends far beyond diplomatic protocol. While the fighter jet escort, twenty-one gun salute, and …
Iraq seeks significant OPEC quota increase amid financial crisis from Iran war
Iraq’s oil exports collapsed over 97% due to the Iran conflict, dropping from 3.32M bpd to 96K bpd. OPEC+ approved a modest quota increase as Iraq scrambles …
Iran war has cost Americans $1,000 per household, economist estimates
The Iran war has significantly driven up the cost of fuel, airfare and other U.S. goods, according to Moody’s Analytics chief economist Mark Zandi.