Oil and Gas | The Eastern Herald

A Tehran mural depicts a US aircraft carrier under attack as the US and Iran weigh a ceasefire deal

Trump Weighs 60-Day Iran Ceasefire Deal as US Hits Tehran’s Oil With New Sanctions

President Trump is reviewing a memorandum to extend the Iran ceasefire 60 days and reopen the Strait of Hormuz, even as Washington imposes fresh oil sanctions on Tehran.

May 29, 2026

Conflicts, Military and War·News

Vladimir Putin and Kassym-Jomart Tokayev at Astana talks on Gazprom gas supply to northern Kazakhstan

Gazprom Keeps Gas Flowing to Northern Kazakhstan, Putin Says in Astana

Vladimir Putin said Gazprom is supplying gas to northern Kazakhstan without interruption and framed Russian energy as the cheaper option for Astana, as the two leaders met in the Kazakh capital.

May 28, 2026

Business·Economy·News

Oil refinery fire amid the Strait of Hormuz energy security crisis as the IEA warns of the biggest energy crisis in modern history

IEA Warns of Biggest Energy Security Crisis in Modern History as Hormuz Shutdown Reshapes Global Investment

The International Energy Agency says the world faces its biggest energy security crisis in modern history as the Strait of Hormuz shutdown drives a record $3.3 trillion in global energy spending and

May 28, 2026

Business·Conflicts, Military and War·Economy·News

Vessels transit the Strait of Hormuz off Iran as Kuwait intercepts Iranian missiles and drones

Sirens Sound Over Kuwait City as Air Defenses Down Iranian Missiles and Drones

Kuwait's army said its air defenses engaged hostile missiles and drones at dawn, the first air-raid sirens over Kuwait City in months, after the IRGC vowed to answer a US strike near

May 28, 2026

Conflicts, Military and War·News

US President Donald Trump speaks during a cabinet meeting at the White House on May 27, 2026, where he rejected a reported Strait of Hormuz deal

US and Iran Trade Fresh Strikes Near Hormuz as Trump Rejects Oman Deal and Threatens to Blow It Up

Iran's IRGC says it struck a base used by US forces after an American strike near Bandar Abbas, as Trump rejected a reported Hormuz deal and threatened to blow up Oman.

May 28, 2026

Conflicts, Military and War·Government and Politics·News

Iranian flags and portraits at a ceremony as US strikes and IRGC retaliation push oil prices higher

Oil Jumps 3% as US Strikes and Iran Airbase Retaliation Revive Strait of Hormuz Supply Fears

Brent crude jumped more than 3% to $97.29 a barrel on Thursday after fresh US strikes in Iran and an IRGC claim that it hit a US airbase reignited fears over Strait

May 28, 2026

Business·Economy·Markets·News

Smoke rising near US air base in the Middle East after IRGC missile strike during Operation True Promise 4

IRGC Strikes US Air Bases Across the Middle East, Warns of Harder Retaliation to Come

Iran's Islamic Revolutionary Guard Corps launched Operation True Promise 4, striking US air bases in Kuwait, Bahrain, UAE and Iraq with missiles and drones, and closed the Strait of Hormuz to foreign

May 28, 2026

Conflicts, Military and War·Government and Politics·News

Vessels anchored in the Strait of Hormuz off Bandar Abbas in southern Iran, May 4, 2026

The Hormuz Crisis Has a Second Wave, and It Will Be Felt on Grocery Shelves

Three months after Iran closed the Strait of Hormuz, the oil shock is giving way to a slower, more insidious crisis. Fertilizer flows have stalled, planting calendars are being rewritten, and the

May 28, 2026

Business·Conflicts, Military and War·Economy·News

President Trump speaks at Cabinet meeting on Iran war negotiations May 27 2026

Trump Dangles $24 Billion in Frozen Iranian Assets as a Behavioral Reward, Not a Peace Concession

President Trump said at a White House Cabinet meeting that the US will release billions in frozen Iranian assets only if Tehran behaves properly — framing the funds not as a peace

May 28, 2026

Conflicts, Military and War·Government and Politics·News

US President Donald Trump rejects Russia and China role in Iran enriched uranium negotiations during White House meeting

Trump Rejects Russia-China Role in Iran Uranium Deal, Washington Seeks Direct Control

Trump’s latest remarks have intensified debate over whether Washington seeks strategic dominance over Tehran’s nuclear infrastructure rather than a neutral diplomatic settlement. Recent reports suggest the Trump administration rejected Russian and Chinese

May 28, 2026

Conflicts, Military and War·News

Oil and Gas- Page 20

Trump Weighs 60-Day Iran Ceasefire Deal as US Hits Tehran’s Oil With New Sanctions

Gazprom Keeps Gas Flowing to Northern Kazakhstan, Putin Says in Astana

IEA Warns of Biggest Energy Security Crisis in Modern History as Hormuz Shutdown Reshapes Global Investment

Sirens Sound Over Kuwait City as Air Defenses Down Iranian Missiles and Drones

US and Iran Trade Fresh Strikes Near Hormuz as Trump Rejects Oman Deal and Threatens to Blow It Up

Oil Jumps 3% as US Strikes and Iran Airbase Retaliation Revive Strait of Hormuz Supply Fears

IRGC Strikes US Air Bases Across the Middle East, Warns of Harder Retaliation to Come

The Hormuz Crisis Has a Second Wave, and It Will Be Felt on Grocery Shelves

Trump Dangles $24 Billion in Frozen Iranian Assets as a Behavioral Reward, Not a Peace Concession

Trump Rejects Russia-China Role in Iran Uranium Deal, Washington Seeks Direct Control

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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