Oil Prices Rise Amid Tensions in the Middle East

30 Sep 2024

Oil prices experienced a slight increase following the assassination of Hezbollah leader Hassan Nasrallah, which has heightened tensions in the Middle East. Traders are closely monitoring potential reactions from Iran. Market Response Brent crude oil prices climbed above $72 per barrel, while West Texas Intermediate (WTI) prices remained relatively stable....

Iran President To Meet Putin In Russia At BRICS Summit Amid Sanctions

15 Sep 2024

Iran’s President Masoud Pezeshkian is set to attend the upcoming BRICS summit in Russia, state media reported on Sunday. The announcement comes as tensions escalate between Tehran and Western nations over military cooperation with Moscow. US Secretary of State Antony Blinken recently accused Iran of supplying ballistic missiles to Russia,...

Iranian President Pezeshkian Visits Iraq On First Foreign Trip Amid Rising Tensions

11 Sep 2024

Iran’s newly inaugurated President, Masoud Pezeshkian, embarked on his first foreign visit to Iraq on Wednesday, signaling his intent to strengthen ties with neighboring countries. Pezeshkian, who took office in late July, has emphasized regional relations as a key strategy to alleviate the impact of US-led sanctions on Iran's economy....

Iran’s New Foreign Minister Aims To Ease Tensions With US

27 Aug 2024

Iran's new government, led by reformist President Masoud Pezeshkian, plans to address strained relations with the United States in an effort to alleviate pressure and counteract severe sanctions. Foreign Minister Abbas Araghchi outlined the strategy in a recent state television interview, emphasizing the need to "manage tensions and hostilities" between...

Navigating Middle-Eastern Turmoil Amid Iran-Israel Tensions

14 Aug 2024

The assassination of Ismail Haniyeh, Chief of Hamas’s Politburo, in Tehran just hours after attending the swearing-in ceremony of newly elected President Masoud Pezeshkian, was a significant and dramatic event. Haniyeh, who had been a key figure in negotiations and talks since the 7th October attack on Israel, had emerged...