Oil prices have risen after Iranian officials emphasized that the Strait of Hormuz will “under no circumstances” return to its previous state for the US and its allies.
The Iranian national beach soccer team secured its place in the knockout stage of the Asian Beach Games by defeating Saudi Arabia 2-1 in their final group match.
New data from the Iranian Steel Producers Association (ISPA) reveals a 6.2% growth in intermediate steel production over the past year (ending March 2026). This achievement comes despite severe energy constraints and the unprecedented challenges of two military conflicts—the 12-Day War and the Ramadan War—occurring within a single twelve-month cycle.
Global oil prices have surged after US President Donald Trump said the US Navy would enforce a blockade on the Strait of Hormuz, a strategic waterway through which about 20 percent of the world’s oil passes.
Islamic Republic of Iran has earned $8.7 billion profit from selling oil since the outbreak of recent war waged by US and Israel against the country on Feb. 28
Iran has rejected claims by the United States Department of the Treasury regarding a temporary suspension of sanctions on Iranian oil, describing the move as an attempt to influence global oil prices.
Iran’s Ports and Maritime Organization (PMO) says the country’s ports are merely serving “commercial” purposes and are acting within the framework of international regulations, rejecting allegations made by US to prepare the ground for an act of aggression.