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Will European gas prices hit 2022 peaks amid the West Asia war? Here’s what report says

Will European gas prices hit 2022 peaks amid the West Asia war? Here’s what report says

New Delhi: A new report by ING Bank suggests that European gas prices are unlikely to return to the record highs seen in 2022 when the region faced severe disruptions after the early phase of the Russia-Ukraine conflict. The analysis notes that Europe is now structurally stronger and better supplied to absorb shocks. "We do not believe European gas prices will trade to the peaks seen in 2022; global gas markets are relatively better supplied, while a large pipeline of LNG export capacity is coming onto the market in the years ahead," the bank stated. Despite improved supply conditions, the…
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Iran’s new Supreme Leader Mojtaba Khamenei ready to negotiate with US: Report

Iran’s new Supreme Leader Mojtaba Khamenei ready to negotiate with US: Report

Tehran: Iran's new Supreme Leader, Mojtaba Khamenei, has agreed to negotiate with the United States and reach an agreement, suggesting a potential diplomatic opening amid ongoing hostilities, reported Arab News has cited Israeli Media outlet Yedioth Ahronoth.ย  Ahrnaooth cited a conversation between Iranian Foreign Minister Abbas Araghchi and US intermediary Steve Witkoff, which was approved by the highest level in Iran. Earlier, US President Donald Trump said the Strait of Hormuz, a vital global shipping route, will be "open very soon" amid the conflict in West Asia and suggested that he envisions it being managed jointly by the US and…
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US-Iran war to end on April 9? Report claims negotiation talks to be held in Pakistan

US-Iran war to end on April 9? Report claims negotiation talks to be held in Pakistan

Jerusalem: The United States has set 9 April as a potential date to end the ongoing war against Iran, Israeli media reported, citing a government official, after US President Donald Trump announced his decision to hold off on strikes against Tehran's energy infrastructure. Trump announced a five-day pause on attacks targeting Iranian power and energy facilities, citing "productive" discussions aimed at de-escalation. "Washington has set April 9 as a target date for ending the war, leaving about 21 days for continued fighting and negotiations," reported the daily Yedioth Ahronoth, one of Israel's largest newspapers, citing an unnamed government official. The…
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‘You said, Let’s do it’: Trump puts onus on Defence Secretary Pete Hegseth for starting Iran war

‘You said, Let’s do it’: Trump puts onus on Defence Secretary Pete Hegseth for starting Iran war

Washington: As the conflict involving the United States, Israel, and Iran enters its fourth week, President Donald Trump has offered a fresh account of how the war began, suggesting that Defence Secretary Pete Hegseth was among the first senior officials to push for military action. Hegseth has been the public face of the military campaign, frequently addressing the media at the Pentagon. 'You said, Let's do it': Trump Speaking at a roundtable in Tennessee, Trump said, "Pete, I think you were the first one to speak up, and you said, 'Letโ€™s do it because you can't let them have a…
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Iran strikes Kiryat Shmona in Israel, President Isaac Herzog forced to take cover

Iran strikes Kiryat Shmona in Israel, President Isaac Herzog forced to take cover

Tel Aviv: Soon after a news conference in the northern Israeli town of Kiryat Shmona, Israeli President Isaac Herzog was forced to take cover as Iran strikes Kiryat Shmona in Israel. During his speech, Herzog said Israel could not return to last yearโ€™s ceasefire, and must secure โ€œstrategic depth inside Lebanonโ€. The development comes at a time when US President Donald Trump said the US was talking with a "respected" Iranian leader and claimed the Islamic Republic was eager for a deal to end the war. He also extended a deadline for Iran to reopen the Strait of Hormuz or…
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Gulf shifts stance as US allies Saudi Arabia, UAE weigh joining Iran war amid Strait of Hormuz crisis: Report

Gulf shifts stance as US allies Saudi Arabia, UAE weigh joining Iran war amid Strait of Hormuz crisis: Report

New Delhi: Rising attacks on their territories and escalating tensions around the sensitive Strait of Hormuz have pushed Saudi Arabia and the United Arab Emirates (UAE) to the brink of joining the ongoing US and Israel confrontation with Iran. After weeks of urging all sides to avoid a wider conflict, several Gulf capitals are now reworking their calculations as Iranian strikes show no signs of slowing down, according to a report by the Wall Street Journal (WSJ). Countries such as Bahrain, Qatar, Saudi Arabia and the UAE initially questioned whether the American "Operation Epic Fury" and the Israeli "Operation Roaring…
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Colombian Air Force plane crash: Death toll rises to 66, over 77 people rescued from crash site with injuries

Colombian Air Force plane crash: Death toll rises to 66, over 77 people rescued from crash site with injuries

Bogota: The death toll from a military plane crash in Colombia has risen to 66, with dozens more injured on late Monday. The aircraft, carrying 125 people, crashed shortly after taking off in the southern part of the country. Among those killed were 58 soldiers, six air force personnel, and two police officers.The air force said in a statement that at least 77 people were rescued from the crash site with injuries. The C-130 Hercules aircraft went down soon after departing from Puerto Leguรญzamo, near Colombiaโ€™s southern border with Ecuador and Peru, leaving burning wreckage scattered across the jungle. Bodies…
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Iran war LIVE: Iran launches new wave of missiles against Israel; sirens sound in Bahrain, Kuwait

Iran war LIVE: Iran launches new wave of missiles against Israel; sirens sound in Bahrain, Kuwait

Tehran: As the conflict involving Iran, Israel, and the United States enters its 25th day, the situation remains tense with continuing attacks and counterattacksย between the two sides. Amid the escalating hostilities, attacks have been reported on natural gas infrastructure, including a gas pipeline supplying the Khorramshahr Power Plant in Isfahan. Airstrikes were carried out at both locations; however, neither Israel nor the United States has officially claimed responsibility for the strikes. On the other hand, US President Donald Trump has claimed that dialogue is ongoing with a "respected" leader within Iran, and has also extended the deadline for reopening the…
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Iran agreed not to have nuclear weapon, claims Donald Trump amid West Asia tensions

Iran agreed not to have nuclear weapon, claims Donald Trump amid West Asia tensions

Washington: Donald Trump on Monday asserted that Iran had signalled readiness to refrain from pursuing a nuclear weapon, saying discussions between Washington and Tehran had made unexpected progress. Speaking at the Memphis Safe Task Force Roundtable, he said the conversations began over the past two days and appeared positive. He added that Iran "wants peace" and that there was now "a very good chance" of reaching a deal that also protects the interests of Middle Eastern partners, including Israel. Operation Epic Fury temporarily paused Trump announced that, based on preliminary exchanges with Iran, he had instructed the US Department of…
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