New Delhi [India], May 26 (ANI): QatarEnergy notified Italian utility Edison on Monday that it will cancel five additional liquefied natural gas (LNG) cargoes, extending a force majeure from early July until mid-August, according to a Reuters news report.
Donald Trump says Iranian uranium must be handed over or destroyed US President Donald Trump has reiterated that Iran’s stockpile of enriched uranium must either be transferred to the United States for destruction or eliminated under international supervision at an agreed location. In a post on Truth Social, Trump said the material should be “immediately turned over” to the United States and destroyed, or alternatively destroyed in Iran or another acceptable location in coordination with the Iranian government. “The Enriched Uranium (Nuclear Dust!
What to know about Iran's billions of dollars in frozen funds Iranian parliamentary speaker Mohammed Ghalibaf has for weeks insisted that unlocking access to his country's money should be a confidence-building measure, if not a precondition, for talks with the US . The issue now appears to be on the table during this latest and seemingly most aggressive round of diplomacy to date, towards a long-term end to the war, reopening the Strait of Hormuz, and paring down Iran's nuclear capability. Reports from earlier this week suggest that up to 25 percent of all of Iran's frozen funds globally could be released by the US if Iran surrenders 400 kilograms of enriched uranium and shuts down its nuclear facilities.
What to know about Iran's billions of dollars in frozen funds Submitted by Yasmine El-Sabawi on Mon, 05/25/2026 - 16:46 Access to just $6bn could unlock a long-term ceasefire between the US and Iran, should Trump be willing People look at the gold shop display in Tehran Bazaar, in Tehran, Iran, on 16 May 2026 (Majid Asgaripour/WANA via Reuters) Off Iranian parliamentary speaker Mohammed Ghalibaf has for weeks insisted that unlocking access to his country's money should be a confidence-building measure, if not a precondition, for talks with the US . The issue now appears to be on the table during this latest and seemingly most aggressive round of diplomacy to date, towards a long-term end to the war, reopening the Strait of Hormuz, and paring down Iran's nuclear capability. Reports from earlier this week suggest that up to 25 percent of all of Iran's frozen funds globally could be released by the US if Iran surrenders 400 kilograms of enriched uranium and shuts down its nuclear facilities.
The release of frozen Iranian assets has emerged as the main sticking point in talks between Iran and the United States, with officials in Tehran insisting that guaranteed access to funds must come before any preliminary agreement can move forward.
Fuel prices in the US are akin to a constantly displayed economic scorecard where the pump can trump politics Gas prices in the US have surpassed the psychologically important $4 barrier in all 50 states as the repercussions of the Iran war continue to reverberate. The US is perhaps the only country where the fluctuations in the cost of gas are news.
Tehran [Iran], May 25 (ANI): Iran on Monday said that it is 'not seeking' to impose tolls on vessels passing through the strategic Strait of Hormuz amid reports suggesting the Islamic Republic is allegedly collecting a fee from ships transiting through the strategic waterway.
An agreement to reopen the waterway would be followed by a complicated process of navigating a backlog of vessels stranded for nearly three months.
Iran’s prolonged internet disruptions are shutting off a rare opening for young entrepreneurs to build low-cost businesses using artificial intelligence tools, according to a report by Shargh newspaper that warned the restrictions are crippling a generation of digital workers.
Mumbai (Maharashtra) [India], May 25 (ANI): The domestic equity markets closed sharply higher on Monday as improving optimism around a possible peace agreement between the United States and Iran boosted investor sentiment globally and eased concerns over energy prices. The NSE Nifty 50 index closed at 24,031. 70, gaining 312.
New Delhi [India], May 25 (ANI): The domestic market started on a bullish note on Monday, following global cues that suggested the ongoing conflict in West Asia may soon be diffused. According to stock market expert Sunil Shah, India will emerge as the primary beneficiary of a sharp correction in global crude oil prices. 'The key reason is that because of this [US-Iran peace talk], the oil prices have cooled off.
TEHRAN (Tasnim) - Iran is not seeking to charge tolls in the Strait of Hormuz, the Foreign Ministry’s spokesperson said, noting that Iran and Oman are responsibly working on a protocol to ensure safe maritime passage through the strategic waterway.
Rohtak (Haryana) [India], May 25 (ANI): Amid the fuel price hike, Aam Aadmi Party (AAP) National Media In-charge, Anurag Dhanda, on Monday criticised the 'Modi government,' calling it indifferent to the concerns of the common man. Speaking to ANI, he questioned Prime Minister Narendra Modi's refusal to purchase cheaper crude oil from Iran and Russia, which can help tackle the issue of inflation in the country.
Patna (Bihar) [India], May 25 (ANI): Amid a fresh rise in petrol and diesel prices across the country, Uttar Pradesh Minister Om Prakash Rajbhar on Monday attributed the increase to global supply disruptions caused by the ongoing conflict involving Iran and the United States, saying the fuel shortage was a natural outcome of geopolitical tensions in the region.
Tokyo [Japan], May 25, (ANI): Japanese stocks hit a record high on Monday as the Nikkei 225 surged past the record 65,000 mark for the first time as investors latched on to hopes of the Strait of Hormuz reopening after positive signals from the Trump administration on a peace deal with Iran.
Tankers bound for Pakistan, China exit Strait of Hormuz A liquefied natural gas tanker bound for Pakistan and a supertanker carrying Iraqi crude oil destined for China have departed the Strait of Hormuz, according to shipping data, marking the latest movement of energy cargoes through the strategically important waterway. The crude oil tanker left the Gulf on Saturday after reportedly being delayed for nearly three months, while the LNG vessel was seen departing on Monday. The ships are among a limited number of large tankers to have exited the Gulf this month via routes designated by Iran.
New Delhi [India], May 25 (ANI): Global crude oil prices tumbled sharply as Brent Crude prices dropped amid a potential US-Iran peace deal framework. At the time of filing, Brent Crude fell by 4. 57 per cent to trade at USD 98.
India raises fuel prices for fourth time in May India’s state-owned fuel retailers have increased petrol and diesel prices for the fourth time this month as they seek to recover losses caused by higher crude oil costs linked to the US-Israel war on Iran and disruptions to energy supplies. Diesel prices were raised by 2. 71 rupees per litre, while petrol prices increased by 2.
Brent crude drops below $100 as markets weigh Iran talks Global oil prices fell sharply as uncertainty surrounding a potential agreement between Washington and Tehran heightened concerns about the economic impact of continued disruptions to shipping through the Strait of Hormuz. Brent crude futures dropped $4. 64, or 4.
S&P 500 futures were up slightly in what may be a sign that investors and analysts are waiting to see if a deal is finalized.
