Oil and Gas | The Eastern Herald

US Vice President JD Vance speaks about the Iran conflict and Trump administration ceasefire strategy in Washington

Vance Says Iran Conflict Will Not Become ‘Forever War,’ Trump Pushes Fragile Ceasefire Strategy

US Vice President JD Vance said Tuesday that the conflict with Iran would not spiral into another prolonged American military campaign in the Middle East, attempting to calm growing fears that Washington

May 20, 2026

Conflicts, Military and War·News

Hezbollah launches rockets toward Israeli military positions in southern Lebanon near Rachaf

Hezbollah Launches Massive Rocket Barrage on Israeli Army Positions in Rachaf, Escalating Lebanon Conflict

The conflict between Hezbollah and Israel escalated sharply again on Monday after Lebanon’s Hezbollah movement announced what it described as a “massive fire raid” targeting all Israeli army positions in the southern

May 19, 2026

Conflicts, Military and War·News

Oil crisis and Middle East conflict threaten global jobs and labor income in 2026

Global Labor Income Faces $3 Trillion Collapse, Middle East Crisis Sends Shockwaves Through World Economy

The escalating crisis in the Middle East is rapidly transforming from a regional conflict into a full-scale global economic threat, with the United Nations warning that workers worldwide could lose as much

May 19, 2026

Business·Economy·News

IEA chief Fatih Birol warns global oil inventories are rapidly depleting during G7 meeting in Paris

IEA Warns World Is Burning Through Oil Supplies, Iran War Pushes Energy Markets Toward Crisis

The International Energy Agency has issued a stark warning that the world is rapidly burning through commercial oil inventories as the Iran war continues to destabilize global oil markets and threaten one

May 19, 2026

Business·Conflicts, Military and War·Economy·News

Russian oil tanker at sea after US extends sanctions waiver through June 2026

US Extends Russian Oil Sanctions Waiver Until June 17, Energy Crisis Forces Washington Into Retreat

The United States has issued a fresh sanctions waiver allowing Russian crude oil and petroleum products already loaded on vessels before April 17 to continue reaching buyers through June 17, in another

May 19, 2026

Government and Politics·News

Russian Foreign Minister Sergey Lavrov speaks in Moscow about US-Iran negotiations and regional tensions

Moscow Distances Itself From Trump-Iran Diplomacy, Lavrov Denies New Peace Framework

Russian Foreign Minister Sergey Lavrov said Monday that Moscow has not received or reviewed any new proposals related to a possible settlement between the United States and Iran, signaling growing Kremlin skepticism

May 19, 2026

Conflicts, Military and War·News

Barakah Nuclear Power Plant in the UAE amid rising Gulf tensions after fresh drone attacks

Saudi Arabia and UAE Condemn Fresh Drone Attacks, Gulf Tensions Push Middle East Toward New Crisis

Drone strikes near the UAE’s Barakah nuclear facility and fresh Saudi airspace interceptions have intensified fears of a broader regional confrontation involving Iran, Israel, and the US, as the fragile ceasefire surrounding

May 18, 2026

Conflicts, Military and War·News

Drone attacks near UAE and Saudi infrastructure escalate Iran Gulf crisis as Trump warns Tehran

Trump Warns Iran ‘Clock Is Ticking,’ Saudi Arabia and UAE Report Drone Attacks, Oil Market Panic

Washington intensified its rhetoric against Tehran on Sunday after US President Donald Trump warned that “the clock is ticking” for Iran, while Saudi Arabia and the United Arab Emirates reported new drone

May 18, 2026

Conflicts, Military and War·News

Dow futures fall as oil prices surge and Nvidia fears shake Wall Street in 2026

Dow Futures Sink, Iran Tensions, Oil Shock and Nvidia Anxiety Shake Wall Street

Wall Street opened the week under renewed pressure as escalating tensions surrounding Iran, soaring oil prices and rising Treasury yields triggered another wave of anxiety across global financial markets. Dow Jones futures

May 18, 2026

Business·Economy·News

Oil tankers move through the Strait of Hormuz as Iran’s IRGC negotiates maritime transit with European officials

Europe Opens Backchannel Talks With Iran’s IRGC, Strait of Hormuz Crisis Deepens

European governments have quietly entered direct negotiations with Iran’s Islamic Revolutionary Guard Corps (IRGC) over maritime transit through the Strait of Hormuz, marking one of the most consequential geopolitical shifts since the

May 17, 2026

Conflicts, Military and War·News

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Oil and Gas- Page 23

Vance Says Iran Conflict Will Not Become ‘Forever War,’ Trump Pushes Fragile Ceasefire Strategy

Hezbollah Launches Massive Rocket Barrage on Israeli Army Positions in Rachaf, Escalating Lebanon Conflict

Global Labor Income Faces $3 Trillion Collapse, Middle East Crisis Sends Shockwaves Through World Economy

IEA Warns World Is Burning Through Oil Supplies, Iran War Pushes Energy Markets Toward Crisis

US Extends Russian Oil Sanctions Waiver Until June 17, Energy Crisis Forces Washington Into Retreat

Moscow Distances Itself From Trump-Iran Diplomacy, Lavrov Denies New Peace Framework

Saudi Arabia and UAE Condemn Fresh Drone Attacks, Gulf Tensions Push Middle East Toward New Crisis

Trump Warns Iran ‘Clock Is Ticking,’ Saudi Arabia and UAE Report Drone Attacks, Oil Market Panic

Dow Futures Sink, Iran Tensions, Oil Shock and Nvidia Anxiety Shake Wall Street

Europe Opens Backchannel Talks With Iran’s IRGC, Strait of Hormuz Crisis Deepens

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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