The Press Editor

Washington: A ⁠US official has denied reports ⁠that Washington ⁠has agreed to unfreeze Iranian assets. Earlier media reports suggested that the US had ⁠agreed to release Iranian ⁠frozen assets held in ⁠Qatar and ⁠other ⁠foreign banks, quoting a senior Iranian source. However, the White House on Saturday dismissed such reports."This official denial arrives as American and Iranian representatives convene in Islamabad for high-stakes negotiations aimed at brokering a ceasefire, reported CBS. The controversy follows a report, which quoted a high-ranking Iranian official claiming that Washington had signalled its approval to unfreeze the assets. According to the news agency, the source…

New Delhi: US President Donald Trump on Saturday posted on Truth Social that the United States has started clearing the Strait of Hormuz, a key maritime route for global oil shipments. He claimed that “all 28” of Iran’s mine-laying vessels had been sunk and that American forces were ensuring safe passage for international shipping. Global oil route at risk  The Strait of Hormuz connects the Persian Gulf to the Gulf of Oman and carries a large share of the world’s crude exports. Fears of Iranian attacks over the past weeks have disrupted shipping and pushed global oil prices higher, even though…

Tehran: The India-flagged LPG vessel Jag Vikram on Saturday safely crossed the Strait of Hormuz. The vessel is carrying approximately 20,400 MT of LPG cargo with 24 seafarers onboard. It is expected to arrive at Mumbai on 15 April 2026, the Ministry of Petroleum & Natural Gas said in a statement. Ship tracking data showed the tanker moved through the strategic waterway between Friday night and Saturday morning and was located in the Gulf of Oman, east of the Strait on Saturday afternoon, proceeding eastwards. The vessel movement was also confirmed by a government statement giving an update on developments in…

New Delhi: US President Donald Trump on Saturday projected strong confidence in America’s oil and gas reserves, claiming that the United States holds more oil than the next two largest oil-producing economies combined. In a post on Truth Social, he framed the US as an unmatched global energy power, describing its resources as both abundant and superior in quality. Trump also pointed to what he described as a surge of activity in global energy logistics, saying large numbers of empty oil tankers are currently heading toward the United States. According to him, these vessels, some among the largest in the world,…