Trump Reveals Iran Allowed 10 Oil Tankers

By BPN News Desk March 27, 2026

International

US President Donald Trump has said that the “mystery gift” he had earlier mentioned from Iran was the passage of 10 oil tankers through the Strait of Hormuz, presenting it as a goodwill gesture tied to ongoing negotiations. He said the number was first described as eight “big boats of oil”

International

Iraq Reaches Iran Understanding On Hormuz

By BPN News Desk March 17, 2026

Iraq said it has reached an understanding with Iran to help its oil tankers move through the Strait of Hormuz, as Baghdad tries to protect crude exports during the ongoing regional conflict. The development is significant because Hormuz remains a critical route for Gulf energy shipments, and any negotiated passage is being closely watched by […]

International

Iran Seeks Release Of Seized Ships From India

By BPN News Desk March 17, 2026

Iran is seeking the release of three tankers seized by Indian authorities as New Delhi continues talks to secure safe passage for Indian-flagged and India-bound vessels through the Strait of Hormuz, a key shipping route that has come under pressure during the ongoing regional conflict. The issue came up during recent diplomatic discussions between Indian […]

International

Oil Prices Jump After Tanker Attack Reports

By BPN News Desk March 12, 2026

Oil prices jumped sharply after reports of tanker attacks near Iraq added fresh fears over supply disruption in an already volatile Middle East market. The rise came as traders reacted to growing risks to shipping routes and export infrastructure, with Brent crude briefly climbing back above the $100-per-barrel mark before easing from intraday highs. Oil […]