August 4, 2025

Ceasefire

World

Iranian Cleric Hails Recent Conflict with Israel as Justification for Anti-Israel Slogan Amid Fragile Ceasefire

A prominent Iranian cleric, Alireza Panahian, has stirred international attention with his remarks following the recent escalation of hostilities between Iran and Israel. Speaking in the aftermath of a deadly 12-day confrontation, Panahian described the losses sustained by Iran as a “small price” in what he called a reaffirmation of the long-standing slogan, “Death to

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Business Crude Oil

Oil Prices Tumble Below $70 as Israel, Iran Agree to Trump-Brokered Ceasefire

LONDON — Global crude oil prices have plummeted by over 3%, falling below the $70 per barrel threshold, following a ceasefire agreement between Israel and Iran brokered by former U.S. President Donald Trump. The truce, confirmed Tuesday morning, has significantly eased tensions in the Middle East, triggering a rapid decline in geopolitical risk premiums associated

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