40d ago
Global oil market

Explainer: How the Iran war oil and gas shock compares to past disruptions

The U.S.-Israeli war with Iran and the closure of the Strait of Hormuz have triggered the largest oil supply disruption ever recorded in terms of daily output losses. However, Reuters calculations show that at least one past crisis had a greater cumulative impact over time.

40d ago
View from Iran

Iran slams EU’s 'highway of hypocrisy', calls for 'utmost respect'

The Iranian missions in London and Vienna strongly condemned the remarks by the European Union Foreign Policy Chief Kaja Kallas on the imposition of further sanctions on Tehran as a “highway of hypocrisy,” amid the Israeli-U.S. war on the Islamic Republic.

41d ago
Middle East conflict

Fate of Iran peace talks uncertain as deadline approaches for end of ceasefire

Iran is considering attending peace talks with the United States in Pakistan, a senior Iranian official told Reuters on Monday, following moves by Islamabad to end a U.S. blockade of Iran's ports, a significant obstacle to Tehran rejoining peace efforts as the end of a two-week ceasefire approaches