mohammad baqer qalibaf

Oil prices dipped Tuesday, reversing Monday's surge, as hopes for US-Iran peace talks eased supply disruption fears. Despite Iran's Strait of Hormuz closure and vessel seizure, investors are watching potential ceasefire extensions. However, Tehran's participation remains uncertain, with supply risks persisting and analysts warning of significant price hikes if talks falter.

Oil prices saw a slight dip after Wednesday's surge, as stalled Iran-US peace talks and ongoing shipping route restrictions, particularly the Strait of Hormuz, kept markets on edge. Iran's seizure of two ships and US interception of tankers highlight escalating tensions. Despite record US energy exports, domestic crude inventories unexpectedly rose, while fuel stocks declined.

Each side blamed the other for the failure of the 21-hour-long negotiations in Pakistan to end fighting that has killed thousands and sent global oil prices soaring since it began over six weeks ago. Here's what we know

Peace talks between the US and Iran have stalled over uranium enrichment curbs, with Washington proposing a 20-year freeze and Tehran offering five years. Disagreements also arose regarding the scope of a potential deal, including Hormuz and sanctions relief, despite initial hopes for a breakthrough.

Iranian air defences claimed to have shot down a stealth jet and another meant for ground domination. What does this mean for the US which claims dominance over Iran’s skies?

When a sitting US president uses f*** and b****** in a social media post, it's not surprising that people called him "unhinged", especially when he also threatens to blow up Iran's civilian infrastructure -- a war crime under international law

Iran has threatened to completely shut the Strait of Hormuz if the US strikes its energy facilities, warning that regional energy infrastructure hosting US bases would become targets. This escalation follows President Trump's ultimatum. The conflict has already impacted global oil prices and caused significant damage and displacement on both sides.

Iran has strategically prepared to leverage the Strait of Hormuz, employing asymmetric warfare with drones and missiles to disrupt global oil flows. This approach, learned from past conflicts, aims to inflict economic pain and pressure the US, rather than engage in direct confrontation. The strategy focuses on survival and demonstrating that coercion cannot force compliance.

Iran's parliament speaker said on Sunday that a three-month monitoring deal between Tehran and the UN nuclear watchdog had expired as of May 22, Iran's semi-official Fars news agency reported.

The ongoing Iranian presidential election features diverse candidates, including hardliners and moderates. The Guardian Council, a stringent panel consisting of clerics and jurists under the supervision of Supreme Leader Ayatollah Ali Khamenei, who holds the ultimate authority in all state affairs, screened over 80 aspiring candidates including 4 women and only six were filtered out through the rigorous selection process. Following the Guardian Council's approval of six candidates for the 2024 election, two contenders who withdrew from the race.

The Iranian parliament has approved a bill to raise the retirement age for men to 62 and increase the number of years of employment required for a full pension. The bill aims to address pension fund shortfalls and still requires approval from the Guardian Council. Male employees will now need to work 35 years instead of 30 before retiring with a full pension, while the retirement age for women will remain at 55. Iranian officials have expressed concerns about severe shortfalls in pension funds due to the economic crisis and US sanctions.

Amidst escalating anti-government protests in Iran, US President Donald Trump indicated "very strong options" are being considered by the military, suggesting a red line may have been crossed. Iran's parliament speaker warned that US bases and Israel would become legitimate targets if attacked, vowing severe punishment for protesters.

Iranian President Ebrahim Raisi and his foreign minister were killed in a helicopter crash while traversing mountainous terrain in heavy fog. The aircraft, which also carried other officials, vanished in the mountains of northwestern Iran. Earlier, state media reported that although the helicopter had been located, "no sign of life" was detected among those on board.

President Trump stated Iran's leaders called to negotiate amid protests and threats of military action. He indicated a meeting might be set up but warned of potential US action due to the crackdown. US officials are considering strikes on Iranian security services involved in suppressing demonstrations.

Iran's leadership faces escalating protests, now in their third week, with over 116 reported deaths. Amidst this unrest, Israel is on high alert as US President Trump reportedly considers military action. Iran has issued a stern warning, deeming regional US bases and Israel as 'legitimate targets' if attacked.