Bitcoin stayed close to $64, 000 over the weekend, recovering some of Friday’s fall as traders watched U. S. and Iranian officials begin ceasefire talks in Switzerland while Iran warned it could close the Strait of Hormuz again. The price hovered around $64, 200 on Sunday, a slight rise of 0. 9% ove
Talks between the U. S. and Iran are kicking off in Switzerland even as both sides argue over who controls a crucial waterway. Iran said Saturday it was closing the Strait of Hormuz because of Israeli actions in Lebanon, calling ship traffic unsafe. Yet U. S. military leaders reported 55 commercial
Back in 2016, after Russia started building a 19-kilometre bridge across the Kerch Strait to link mainland Russia with Crimea, Ukraine decided to challenge the move in an international court. Fast forward to April 22, but made public only on Monday, the Permanent Court of Arbitration in The Hague de
Negotiations between Iran and the U. S. are heading toward an agreement, though not yet finalized, according to a U. S. official who spoke on Friday. The goal is to reach a deal soon that addresses the long-standing dispute between the two nations. The official emphasized that the terms under discus
China has begun drawing on its commercial oil stocks to counter the shortage caused by the war in Iran. The country’s biggest buyer of petroleum is also cutting refinery output and limiting fuel exports to keep the situation stable. Experts estimate that China will pull about one million barrels
The United States recently announced new restrictions on Iran’s military-linked oil shipments, adding pressure to global oil markets already affected by regional conflicts. Eight ships, flying flags from Marshall Islands, Comoros, and Panama, were named in the move. Their role? Transporting Iranian
Pakistan’s foreign minister met with Iran’s counterpart on Friday, aiming to push forward a plan that could bring an end to the war between the United States and Israel. The talks come at a time when Washington and Tehran still clash over Iran’s uranium stockpile and the control of the Strait of Hor
Iran has introduced a new system called Hormuz Safe, a digital insurance platform to help ships pass safely through the Strait of Hormuz. Instead of traditional insurance, vessels will pay using cryptocurrency. The plan is led by Iran’s Economy Ministry, which claims it can manage the strait better
The United Nations sees a new twist in the debate over the Strait of Hormuz. China’s representative to the UN, Fu Gong, openly questioned a draft resolution that the United States and Bahrain have pushed forward. He said the wording was wrong and the moment was off, warning that a vote would likely
The meeting in Beijing between the U. S. and China leaders was not just about trade or Taiwan; it also tackled a hot issue: Iran’s nuclear ambitions. The U. S. president said he is tired of waiting for Iran to change its course and that the two countries had agreed that Iran must not acquire a nucle
