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Updated: May 12, 2026 at 9:32 PM

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This Channel is Dedicated to Economic Developments and Important Global Events, a Trusted Source for Timely, Accurate Information. Managing Team @Srosh_Mayi @Arina_Karayi

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May 11, 2026, 09:16 AM

IRAN’S DELAY GAME IS OVER (Truth Social)

“For 47 years, Iran has stalled, attacked, and manipulated the United States and the world. Under Obama, they gained billions in cash and new power while America weakened its alliances. Iran believed it could keep exploiting weak leadership and harming innocent people without consequences. Those days are over. President Donald J. Trump.”

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SM News

May 11, 2026, 09:16 AM

Iran's proposed text for negotiations with the U. S. underlines the necessity of lifting U. S. sanctions - Iran's Tasnim, citing an informed source.

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May 11, 2026, 09:16 AM

TRUMP: Iran has been playing games with the US and the rest of the world for 47 years.

TRUMP: They will be laughing no longer.

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SM News

May 11, 2026, 09:16 AM

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SM News

May 11, 2026, 09:16 AM

Pakistan government official: received Iran response to US proposal on Iran war, forwarded it to US

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May 11, 2026, 09:16 AM

IRAN sent its response to the U. S. proposal to end the war via Pakistan, IRNA reported.

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May 11, 2026, 09:16 AM

OIL MARKET ON EDGE AS IRAN STALLS

Iran has yet to respond to a US plan to end 10 weeks of war and reopen the Strait of Hormuz, keeping global oil markets under pressure.

President Donald Trump warned the US could “go a different route” if Tehran rejects the deal, which would reopen shipping lanes in exchange for easing sanctions.

Saudi Aramco CEO Amin Nasser said even if Hormuz reopened now, oil markets would take months to recover — and disruptions lasting weeks could delay normalization until 2027.

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May 11, 2026, 09:16 AM

Iran's army spokesperson says if the enemy attacks Iran again, it will be 'surprised' by new weapons, new methods of warfare, and new arenas of war – Tasnim

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May 11, 2026, 09:16 AM

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May 11, 2026, 09:16 AM

📷 Photo

The U. S. and Iran appeared no closer on Saturday to finding an end ​to their war after the two sides traded fire in the Gulf amid a tenuous ceasefire, while a U. S. intelligence analysis concluded Tehran could ‌withstand a naval blockade for months.

Recent days have seen the biggest flare-ups in fighting in and around the Strait of Hormuz since a ceasefire began a month ago, and the United Arab Emirates came under renewed attack on Friday.

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SM News

Apr 24, 2026, 07:25 PM

🟠Data released by Statistics Canada on Friday showed Canadian retail sales grew 0.7% month-over-month in February, below market expectations for a 0.9% increase and weaker than January’s previous reading of 1.1% growth.

Excluding auto sales, core retail sales rose 0.5%, also below market expectations of 0.8%, following a 0.8% decline in January.

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SM News

Apr 24, 2026, 07:25 PM

Iranian Foreign Minister Araqchi to travel to Islamabad, Muscat, and Moscow - Iran state media.

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Apr 24, 2026, 07:25 PM

🟥 Top US General Caine: Iran has attacked 5 merchant vessels and seized 2 of them.

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Apr 24, 2026, 07:25 PM

Top US General Caine: The US will continue to conduct interdictions in the Pacific and indian oceans against Iranian vessels..

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Apr 24, 2026, 07:25 PM

Hegseth: Not speculating on timeline to clear mines from Strait of Hormuz.

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SM News

Apr 24, 2026, 07:25 PM

HEGSETH:

🟠Says Iran has a chance to make a good deal.
🟠 Calls u.s. campaign against Iran a gift to the world.
🟠 Says 34 ships have been turned around from strait of Hormoz so far.
🟠 Says Iran will not have a nuclear weapon.
🟠 Says u.s. has imposed an ironclad blockade.

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SM News

Apr 24, 2026, 07:25 PM

HEGSETH: 🟠Says Iran has a chance to make a good deal. 🟠 Calls u.s. campaign against Iran a gift to the world. 🟠 Says 34 ships have been turned around from strait of Hormoz so far. 🟠 Says Iran will not have a nuclear weapon. 🟠 Says u.s. has imposed an ironclad…

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SM News

Apr 24, 2026, 07:25 PM

IRAN DELEGATION HEADS TO PAKISTAN AS TALKS UNCERTAIN

Abbas Araghchi will lead an Iranian delegation to Islamabad late Friday or Saturday, as uncertainty surrounds a possible second round of cease-fire talks with the United States.

Sources say the delegation is expected around 10 p.m. local time, but it’s unclear if negotiations are imminent. Pakistani and Iranian officials held a call Friday to discuss the stalled cease-fire efforts.

🔴The White House has not commented.

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SM News

Apr 24, 2026, 07:25 PM

GULF OIL OUTPUT PLUNGES 57%, RECOVERY MAY TAKE MONTHS

Goldman Sachs says Gulf crude production has dropped by 14.5 million barrels per day — about 57% below pre-war levels — and may take months to recover even after the Strait of Hormuz reopens.

Analyst Daan Struyven says output could rebound within months if there are no further attacks and shipping fully resumes. But tanker shortages and well damage are major constraints, with available tanker capacity already down about 50%.

While limited physical damage and spare capacity from Gulf producers could help, forecasts from the Energy Information Administration and International Energy Agency suggest only 70% recovery after three months and 88% after six.

Goldman warns renewed conflict could cause lasting damage to production capacity.

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SM News

Apr 24, 2026, 07:25 PM

Canada Approves $4 Billion Natural Gas Expansion of Enbridge Pipeline System - Statement.

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SM News

Apr 1, 2026, 06:17 AM

European nations commit to supporting Lebanese armed forces and security forces in an international support conference as soon as conditions allow.

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SM News

Apr 1, 2026, 06:17 AM

EU Energy Commissioner Jorgenson: The Iran war has added €14 billion to the EU fossil fuel import bill so far.

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SM News

Apr 1, 2026, 06:17 AM

EU Energy Commissioner Jorgensen: We see tightening in diesel and jet fuel markets.

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SM News

Apr 1, 2026, 06:17 AM

EU Energy Commissioner Jorgenson: The energy consequences of the Iran war will not be short-lived.

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SM News

Apr 1, 2026, 06:17 AM

🟥 OPEC oil output falls 7.3 mln BPD in March from February, the lowest since June 2020, according to a survey.

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SM News

Apr 1, 2026, 06:17 AM

Trump: War against Iran won’t last much longer - NYP.

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Apr 1, 2026, 06:17 AM

Trump: Other nations can reopen the Hormuz Strait - NYP.

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SM News

Apr 1, 2026, 06:17 AM

IRGC: We will target US companies in the region as of April 1st in retaliation for attacks on Iran - State Media.

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SM News

Apr 1, 2026, 06:17 AM

Iranian Army: We targeted the industries belonging to Siemens and Telecom in Ben Gurion and Haifa.

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SM News

Apr 1, 2026, 06:17 AM

Trump: War against Iran won’t last much longer - NYP.

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