regional tensions

Oil shipping costs in Hormuz strait could surge 1000% amid regional tensions

The cost of transporting crude oil through the strategically vital Strait of Hormuz could increase by up to 1,000…

VP leaves Iran for Saudi Arabia to attend summit on regional tensions

Iran’s Vice-President Mohammad Reza Aref has left Tehran for Riyadh to take part in the joint summit of the Arab…

Iran Navy to take delivery of two new warships amid regional tensions

Iran’s Navy chief Rear Admiral Shahram Irani says two new Iranian warships are set to sail soon, amid regional…