#al-east

#al-east

The announcement of a ceasefire between the United States and Iran has led to the reopening of holy sites to worshippers in occupied East Jerusalem and the removal of a number of movement barriers in the occupied West Bank.

The IEA sees global oil demand falling by 80,000 barrels per day this year, compared with a projected year-on-year rise of 640,000 bpd in its previous monthly report.

Hegseth invoked Psalm 18, in which King David says he did not turn back until his enemies were 'consumed.' His enemies 'cried for help, but there was none to save them.'

A 'workable system' of transit and shipowner confidence in the security of the transiting vessels is essential. This includes availability of insurance for transiting vessels, facilitating commercial trade financing, and sustained outbound vessel transits through the Strait of Hormuz.

Hassett acknowledged that grocery prices have improved, but electricity prices remain high, along with health insurance and airline fares, indicating ongoing inflationary pressures.

"With that corridor uncertain, itineraries have been cancelled and future plans are on hold."

The Panama-flagged Peace Gulf, a medium-range tanker, is heading to Hamriyah port in the United Arab Emirates, typically moving Iranian naphtha to non-Iranian ports for export to Asia.

Bahrain's Ministry of Foreign Affairs strongly condemned the continued malicious drone attacks launched from Iraq towards Bahrain and several Gulf Cooperation Council countries, calling on Baghdad to address these threats and attacks urgently and responsibly.

Moscow's economic gains from higher oil prices contrast sharply with Iran's struggles, as the US-Israel conflict intensifies, complicating their alliance.

Three supertankers laden with oil have passed through the Strait of Hormuz amid the fragile truce between the United States and Iran, according to shipping data. Iran's blockade of the strait has disrupted global energy supplies and sent oil prices soaring since the start of the US and Israel's war on Iran.

The United Arab Emirates (UAE) on Wednesday said its air defences are actively engaging incoming missiles and drones from Iran, with explosions heard across the country due to interceptions.