The Latest Breaking News from Iran

Certain elements in Israeli govt want the war to continue indefinitely: US VP JD Vance

US Vice President JD Vance accused Israeli government elements of influencing American public opinion. He stated these elements sought to prolong the conflict with Iran indefinitely. Vance alleged a foreign influence campaign aimed to derail diplomatic efforts he pursued. Reports indicate Israel allocated significant funds to bolster US support for…

The Economic Times · Jul 16

Iran overplaying its hand on Hormuz? A new game has just begun in West Asia oil scene

As nations surrounding Iran pour billions into new pipeline networks, the significance of the Strait of Hormuz as an oil transit route is rapidly declining. Forecasts suggest that by 2030, these overland alternatives will overshadow maritime transport through the strait. This will likely lead to a reduction in Iran's capacity…

The Economic Times · Jul 16

Fujairah bunker fuel sales halve as US-Iran war disrupts supplies

Fujairah bunker fuel sales dropped significantly in early 2026. This decline occurred after the U.S.-Iran war impacted supplies near the Strait of Hormuz. Zhoushan port in China is now set to overtake Fujairah as a major hub. Supply disruptions continued to affect Fujairah's market throughout the period. Inventories briefly rebounded…

The Economic Times · Jul 16

'Certain elements' in Israeli government want endless war, says US VP JD Vance

US Vice-President JD Vance has intensified his criticism of sections of the Israeli government, accusing them of trying to derail Washington's diplomatic efforts with Iran and prolong the conflict "indefinitely".

The Times of India · Jul 16

US attacks oil tanker in strait of Hormuz as strikes reported in Tehran

US disables unladen oil tanker using Hellfire missiles in strait of Hormuz amid concerns strikes could spiral into open conflict

The Guardian - AU · Jul 16

US military says it completed latest strikes on Iran, targets included Bandar Abbas

United States military forces have executed targeted strikes on Iranian command centers and air defense installations, focusing particularly on Bandar Abbas, a strategic port city located near the Strait of Hormuz. Additional operations also struck areas on Greater Tunb Island. President Trump had previously hinted at attacking Iranian energy assets…

The Economic Times · Jul 16

Trump says Iran released 'wrongfully detained' American citizen

US President Donald Trump said Iran had released an American citizen detained since December 2024 and allowed her to leave the country, calling it a "gesture of goodwill" despite renewed hostilities between Washington and Tehran.

France 24 · Jul 16

Oil Price Today (July 16): Crude oil at $86, rises for 4th day as US-Iran attacks continue. What are experts saying?

The United States on Wednesday targeted Iran's coastal defence systems and missile sites after reimposing a naval blockade on Iranian ports. In response, Iran warned that it could further restrict regional energy exports, saying it was fighting an "existential war" against the U.S.

The Economic Times · Jul 16

Vance tells Joe Rogan that some Israeli leaders want conflict with Iran to continue ‘indefinitely’

The comment marks the latest sign of tension between traditional allies America and Israel

The Independent UK · Jul 16

US broadens Iran offensive; Tehran strikes Bahrain, Kuwait

United States forces intensified strikes targeting Iran early Thursday, hitting new locations. Iran retaliated with missile and drone fire targeting Bahrain and Kuwait. Days of back-and-forth strikes have shredded the interim deal to end the Iran war. The United States reimposed a naval blockade on the Islamic Republic. Both nations…

The Economic Times · Jul 16