Strait of Hormuz - Page 4

Saleswomen sells gold jewellery at a jewellery store in Guwahati, Assam, India. (Photo: Getty Image)

Gold rebounds Rs 3,000; silver rallies Rs 10,000 as easing US-Iran tensions revive bullion demand

New Delhi, Jun 12 (PTI) Gold prices rebounded by Rs 3,000 to Rs 1.56 lakh per 10 grams in the national capital on Friday, and silver advanced by Rs 10,000 to Rs 2.55 lakh per kilogram as signs of a diplomatic breakthrough in the US-Iran standoff rekindled interest in the precious metals. According to local

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A cashier holds Indian currency notes at a fuel station in Ahmedabad, India, May 20, 2026. (Photo: Reuters)

Rupee falls 15 paise to 95.56 against US dollar in early trade

Mumbai, Jun 10 (PTI) The rupee depreciated 15 paise to 95.56 against the US dollar in early trade on Wednesday as fresh escalations in the West Asia war lead to a spike in crude oil prices and pressurised the rupee. Forex traders said the USD/INR pair opened on a negative note after US President Donald

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Vessels anchored at the Strait of Hormuz, as seen from Musandam, Oman, May 25, 2026. (Photo: Reuters)

Iran says draft deal with US would reopen Hormuz shipping, end naval blockade

DUBAI, May 27 (Reuters) – Iran’s state TV said Tehran ​had obtained a draft of an initial, ‌unofficial framework for a memorandum of understanding with the United States on ending their conflict. Under the framework, Iran would restore ​commercial shipping through the Strait of Hormuz to ​pre-war levels within a month, while the United ⁠States

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President Donald Trump departs Walter Reed National Military Medical Center, Tuesday, May 26, 2026, in Bethesda, Md. (Photo: AP)

Trump gathers Cabinet as he looks to seal deal to end war that some backers worry will embolden Iran

WASHINGTON, May 27, 2026 (AP) — President Donald Trump will meet with his Cabinet on Wednesday at a precarious moment for talks aimed at ending the war with Iran, just days after insisting that his administration and Tehran had “largely negotiated” a settlement but with the negotiations still in a state of flux. As he

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