Field Marshal Munir arrives in Tehran for talks on US-Iran mediation
CDF Field Marshal Asim Munir arrived in Tehran for talks on Pakistan's US-Iran mediation, as Iran's Revolutionary Guard warns of new targets around Hormuz.
Strait of Hormuz: 49 The Indus Compass stories. Latest: Trump says US does not need an Iran deal; Guards claim Bahrain radar strike. Key developments…
CDF Field Marshal Asim Munir arrived in Tehran for talks on Pakistan's US-Iran mediation, as Iran's Revolutionary Guard warns of new targets around Hormuz.
Ishaq Dar told Iran's foreign minister dialogue and diplomacy are vital, as Tehran said its seven-day Hormuz proposal stands and Vance admitted US failures.
Brent eased to $105.21 but was set for a weekly gain as Iranian attacks cut Hormuz oil flows to 68pc of normal. The IEA agreed to release 20m barrels of diesel.
A container ship and a bulk carrier sank near the Strait of Hormuz after being hit, as CNN reported US plans that could use the 'mother of all bombs' on Iran.
Ishaq Dar and Oman's Badr Albusaidi discussed regional tensions and vowed closer ties at the eighth Pakistan-Oman Joint Ministerial Commission in Islamabad.
Iranian officials told Reuters Tehran had changed tactics to target more ships in and beyond Hormuz before the US vote, as Brent crude rose to $106.32.
UK PM Andy Burnham said the RAF Fairford plot was likely directed by Iran's IRGC, which Tehran denies, as Trump said China and Russia were not helping Iran.
A US fighter jet disabled a Panama-flagged cargo ship in the Gulf of Oman that tried to run the blockade of Iran, as a tanker was hit near Hormuz.
Brent fell to about $103 after Trump ruled out attacking Iran before the US midterms, as Tehran reviews a US reply on reopening the Strait of Hormuz.
The WTO raised its 2026 trade growth forecast to 3.9pc on an AI boom and said Pakistan's sea freight services exports rose 73pc as shipping was rerouted.
Oil rose on Thursday, with Brent above $102 a barrel, as attacks on Gulf shipping hit a wartime high and a hurricane shut a quarter of US Gulf of Mexico output.
Trump said envoy Steve Witkoff is doing well in Iran talks but a deal is not his preferred outcome, amid reports the Pentagon is preparing new strike options.
Brent fell to $101.59 on Monday as G7 nations released 100 million barrels from reserves and Middle East crude exports rose above pre-war levels on some days.