Global Oil Prices Sink as US-Iran Talks Raise Supply Hopes

Updated by Faith Barbara N Ruhinda at 1319 EAT on Monday 25 May 2026 US Secretary of State Marco Rubio has said negotiators have a “pretty solid thing on the table,” suggesting that an agreement to end the conflict involving Iran could be reached as early as Monday, during a visit to India. Speaking in…

Iran ramps up diplomacy as foreign minister heads to Russia for war talks

Updated by Faith Barbara N Ruhinda at 1306 EAT on Monday 27 April 2026 Iran’s Foreign Minister Abbas Araghchi arrived in Moscow on Monday for talks with Russian President Vladimir Putin, as Tehran ramps up diplomatic efforts to bring an end to the United States–Israel war involving Iran. On arrival, Araghchi said the visit was…

Trump Announces Ceasefire Extension With Iran as Talks Stall

Updated by Faith Barbara N Ruhinda at 1131 EAT on Wednesday 22 April 2026 A senior Iranian adviser has dismissed US President Donald Trump’s announcement of a ceasefire extension, describing it as “meaningless” and alleging it is “a ploy to buy time for a surprise strike”. Mahdi Mohammadi, an adviser to Iranian parliament speaker Mohammad…

Iran Blockade by US Likely to Intensify Global Energy Shock, Experts Say

Updated by Faith Barbara N Ruhinda at 1323 EAT on Monday 13 April 2026 US Naval Blockade of Iran Risks Deepening Global Energy Crisis, Analysts WarnThe planned naval blockade of Iran by Donald Trump could further disrupt international shipping and intensify the global energy crisis, analysts have warned. Oil prices surged above $100 per barrel…