CNN reported Monday that White House officials were discussing the possibility of another meeting, and Pakistan PM said efforts are ongoing to resolve the outstanding issues between the US and Iran.
China hopes 'ceasefire will be kept, disputes be resolved via political & diplomatic means rather than reigniting flames of war & conditions be created for early return of peace to Gulf'.
Amidst the war, Tehran last month introduced its largest ever denomination–a 10 million note—as prices continue to rise across country for basic needs.
Magyar, in his victory speech, called for resignations of his nation’s top brass for having put Orban’s authoritarian system above their office’s responsibilities.
US to block ships entering/exiting Iranian ports in Persian Gulf & Gulf of Oman, but vessels transiting Hormuz to & from non-Iranian ports won't be obstructed. IRGC warns of ‘harsh’ response.
Energy blockades are acts of war. If in doubt, recall Pearl Harbor, which took place roughly six months after the US imposed a total oil embargo on Japan. They also take time to work.
The lightweight metal rose as much as 2% on the London Metal Exchange, reigniting a rally driven by supply shortages stemming from the war in the Middle East.
Prolonged disruptions to Strait of Hormuz could lift Asian spot prices above $19 per million British thermal units, traders said, though that would be lower than a wartime high of $25.
The oil math is skewed against the White House. The blockade has a slim chance of working. Iran can remain defiant, and China unconcerned, longer than Trump can remain solvent.
IEA projects sharp reversal from its earlier expectations, with global demand for oil in 2026 turning negative. Hormuz disruptions have pushed crude prices to $130 per barrel.
We now live in a world order that will keep shifting. India must use this window. This also means we remain disciplined enough not to be knee-jerked into reacting to what Pakistan sees as its moment in the sun.
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