An Iran Cease-Fire Won’t Help Gas Prices
Why a cease-fire in Iran won’t bring gasoline prices down.
Why a cease-fire in Iran won’t bring gasoline prices down.
New Delhi [India], April 12 (ANI): The collapse of high-stakes 'Islamabad Talks' between the United States and Iran has sent shockwaves through the international community, with experts warning that the world is now standing at the edge of a global economic catastrophe.
Washington DC [US], April 12 (ANI): US President Donald Trump has shared an article suggesting that the option of enforcing a naval blockade was available in context of Iran as peace talks ended in a stalemate in Islamabad after differences of opinion arose between the two parties on the Strait of Hormuz and Iran's nuclear capacities. The US President shared the article in a post on Truth Social on Sunday.
LOS ANGELES/MONTREAL: Global supply chains are being reshaped as companies search for alternative shipping routes to bypass disruptions in the Middle East, with soaring air freight costs and congested sea lanes forcing firms to rethink how goods move between Asia and Europe.
Washington, DC [US], April 12 (ANI): The Trump administration has revoked the permanent residency status of additional long-term Iranian residents in the United States who have familial ties to high-ranking current or former officials in Tehran. The State Department confirmed it has initiated action against Seyed Eissa Hashemi, a psychology educator based in the Los Angeles area, along with his wife and son.
US agreed to unfreeze Iranian assets, sources tell Al Jazeera Sources close to the Iranian delegation have told Al Jazeera that the United States has agreed to release frozen Iranian assets in the lead up to their talks with the country in Pakistan. This concedes on one of Iran’s demands in its 10-point plan, which was set out prior to the ceasefire agreement currently being negotiated. The White House has not commented on whether it has allowed Iranian assets to be unfrozen.
Three arrested by federal agents had family ties to Iranian military general, regime spokesperson or security chief United States federal agents arrested three Iranian nationals – including the son of a revolutionary at the center of the 1979 Iran hostage crisis – after the US state department terminated their green cards, the department announced on Saturday. State department officials revoked the green card status of Seyed Eissa Hashemi, whose mother was an Iranian revolutionary who served as the spokesperson for Iran’s regime during the hostage crisis that defined the late Jimmy Carter’s presidency. The state department also revoked the green card – or legal permanent resident – statuses of Hashemi’s wife and son.
New Delhi [India], April 11 (ANI): India's fuel supplies and maritime operations remain stable despite the ongoing tensions in West Asia, with the government asserting that there is no need for panic as domestic LPG deliveries continue normally and Indian vessels are operating safely. According to the Ministry of Petroleum and Natural Gas, 'domestic LPG cylinder deliveries remain normal,' with 'more than 51.
Assets previously blocked by Washington by various means reportedly total more than $100 billion Washington has agreed to release frozen Iranian assets held in Qatar and other foreign jurisdictions, a move seen as a sign of "seriousness" in reaching a deal between the US and the Islamic Republic, Reuters reported on Saturday, citing a senior Iranian source.
Assets previously blocked by Washington by various means reportedly total more than $100 billion Washington has agreed to release frozen Iranian assets held in Qatar and other foreign jurisdictions, a move seen as a sign of "seriousness" in reaching a deal between the US and the Islamic Republic, Re
Washington, DC [US], April 11 (ANI): US President Donald Trump on Saturday highlighted the energy prowess of the United States, asserting that the nation possesses petroleum reserves exceeding those of the subsequent two major oil-producing nations combined.
TEHRAN (Tasnim) – An informed source told Tasnim that while the American side has agreed to release Iran's frozen assets, the Iranian delegation is actively seeking guarantees to ensure the reliability of such commitment.
WASHINGTON, D. C. , U.
US denies agreeing to unfreeze Iranian assets A White House official has denied reports that the US agreed to unfreeze Iranian assets, according to Al Jazeera. Reuters reported earlier that a senior Iranian source said the US had agreed to unfreeze Iranian assets held in Qatar and other foreign banks.
US agrees to unfreeze Iranian assets in foreign banks The US has agreed to unfreeze Iranian assets held in foreign banks, Reuters reported, citing a senior Iranian source. The source said Tehran views the move as a sign of Washington’s “seriousness” in the Islamabad negotiations, adding that the release of funds is linked to ensuring safe passage through the Strait of Hormuz.
Planet Labs says it is restricting coverage of Iran and parts of the Middle East indefinitely.
CNN: China may supply air defences to Iran, US intelligence says US intelligence indicates China is preparing to deliver new air defence systems to Iran in the coming weeks, CNN reported, citing three people familiar with the assessments. The report said Beijing may route shipments through third countries to conceal their origin. The systems are expected to include shoulder-fired anti-air missiles, or MANPADS, which pose a threat to low-flying aircraft.
Approximately 600 large ocean-going vessels remain stranded inside the Gulf, most are unwilling to move without clearer assurances, a maritime analyst has said.
'Game on’: How Iran can exact a toll in the Strait of Hormuz Submitted by Sean Mathews on Fri, 04/10/2026 - 21:44 If the US lifts sanctions on Iran, that will open the path to fee payments, which shippers will gladly pay amid sky-high oil and freight prices Iranians hold national flags beneath a large billboard reading 'The Strait of Hormuz remains closed' as people gather in Tehran's Revolution Square after the US and Iran agreed to a two-week ceasefire, on 8 April 2026 (Atta Kenare/AFP) Off An Iranian marine pilot boards a Greek-owned tanker destined for Japan with Kuwaiti crude oil. The vessel’s captain has already received a clearance code over VHF radio to enter Iran’s territorial waters. The day before, the vessel’s charterer made a six-figure payment in US dollars to a bank in Oman linked to the Iranian government.
France accelerates shift to electric power amid global energy price surges French Prime Minister Sebastien Lecoru has unveiled measures to move away from the country's dependency on fossil fuels and shift to electric power after the US-Israeli war on Iran caused a spike in oil and gas prices when Iran closed the Strait of Hormuz. “The war in the Middle East is not ours, and yet it affects us very directly,” Lecornu said in a speech on Friday. “Fortunately, France has an asset: electricity generated on its own soil,” he added.