June 23, 2025

Oil Prices Plummet as Israel and Iran Reach Ceasefire Agreement

London: Oil prices tumbled by nearly 5% on Tuesday after Israel agreed to a ceasefire with Iran after nearly two weeks of conflict. Brent crude, the international benchmark for oil prices, initially fell to $68 a barrel, though it then recovered some …

Russia’s Strategic Maneuvering Amid Israel-Iran Conflict

Moscow: Hours after the US launched strikes on Iranian nuclear sites early Sunday morning, Iran’s Foreign Minister Abbas Araghchi announced that he would hold serious consultations with key ally Vladimir Putin at the Kremlin on Monday. “In this new da…

Residents Shelter in Tel Aviv as Israel, Iran Trade Strikes

Tehran: Residents in Tel Aviv sought refuge in secure locations on Monday as missile sirens sounded across Israel. This escalation marks the 11th consecutive day of hostilities between Israel and Iran, with both nations exchanging fire.

According to…

Missile Defense Costs Israel Roughly $285 Million Per Day

Tel Aviv: Israels missile defense system is currently incurring a staggering cost of approximately $285 million daily as it works tirelessly to intercept incoming threats. This financial strain comes amidst escalating tensions, with a continuous barra…

Oil Prices Fluctuate as US Strikes Iranian Nuclear Facilities

New York: Oil prices experienced volatility on Monday while the dollar showed strength following a United States strike on Iran’s nuclear facilities over the weekend. Asian markets mainly declined, whereas European stock exchanges saw slight increases…