Smoke rises following a strike on the Bapco Oil Refinery, amid the US-Israeli conflict with Iran, on Sitra Island Bahrain. (REUTERS)

How Iran war triggered natural gas shock

One of the biggest if arguably predictable consequences of the US-Israel war with Iran has been Tehran’s move to block commercial traffic through the Strait of Hormuz. Given the huge amount of oil and gas that transits the narrow waterway, the threat long has been a key reason why direct military confrontation with the Islamic…

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US President Donald Trump, alongside Secretary of Defense Pete Hegseth, speaks about the conflict in Iran in the James S. Brady Press Briefing Room of the White House on April 6, 2026, in Washington, DC. (AFP)

Iran’s original peace proposal was ‘literally thrown in garbage’ by Trump: White House

The White House on Wednesday said Iran’s original 10-point ceasefire proposal was outright rejected, even as Washington signalled cautious openness to a revised framework for talks amid the ongoing US-Israel war on Iran. US President Donald Trump, alongside Secretary of Defense Pete Hegseth, speaks about the conflict in Iran in the James S. Brady Press…

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