IBT News Desk

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Iran's new leader Mojtaba Khamenei wounded: Pentagon

Iran's new leader Mojtaba Khamenei wounded: Pentagon

Pete Hegseth claimed that Iran's newly installed Supreme Leader Mojtaba Khamenei had been wounded and forced into hiding amid ongoing US strikes on Iran. Speaking at the Pentagon, he said Iran's leadership was under severe pressure and struggling to coordinate as its military capabilities were being degraded. 26 days ago
US waiver frees almost 20 million barrels of Russian oil for sale

US waiver frees almost 20 million barrels of Russian oil for sale

The move aims to ease supply pressures and cool oil prices that have crossed $100 per barrel amid the Iran war and concerns over the Strait of Hormuz.The license, announced by Treasury Secretary Scott Bessent, applies to shipments loaded by March 12 and valid until April 11. 26 days ago
US gains when oil prices rise: Trump

US gains when oil prices rise; Trump boasts "we make a lot of money"

U.S. President Donald Trump stated that rising oil prices benefit the United States, as it is the world's largest crude producer. He emphasized that his top priority is preventing Iran from acquiring nuclear weapons, warning that Tehran's ambitions threaten regional and global security. 26 days ago
US tanker crashes in Iraq during Iran war

US tanker crashes in Iraq during Iran war

A US Air Force KC-135 refueling aircraft crashed in western Iraq during operations linked to the Iran war, CENTCOM confirmed. Officials said the crash was not caused by combat and search and rescue efforts are ongoing. 26 days ago
US–Israel–Iran war: Mumbai seafarer dies after missile strike on tanker in the Strait of Hormuz

Russia gains $6 billion from Iran war, says US Senator

Russia has gained an estimated $6 billion from rising oil prices since the Iran conflict began, US Senator Angus King said, adding that this amounts to about $400 million per day. Lawmakers also noted the conflict's impact on global energy markets, maritime trade, and Strait of Hormuz security. 26 days ago