• العربية
  • فارسی
Brand
  • Iran Insight
  • Politics
  • Economy
  • Analysis
  • Special Report
  • Opinion
  • Podcast
  • Iran Insight
  • Politics
  • Economy
  • Analysis
  • Special Report
  • Opinion
  • Podcast
  • Theme
  • Language
    • العربية
    • فارسی
  • Iran Insight
  • Politics
  • Economy
  • Analysis
  • Special Report
  • Opinion
  • Podcast
All rights reserved for Volant Media UK Limited
volant media logo

Oil prices drop 10% after Hormuz reopening

Apr 17, 2026, 14:19 GMT+1

Crude oil prices dropped sharply after Iran’s foreign minister said the Strait of Hormuz would remain open for shipping during a 10-day ceasefire, on Friday. US benchmark West Texas Intermediate fell 10.23% to $85.19 per barrel, while Brent crude dropped 10.01% to $90.52.

Most Viewed

Behind Tehran’s unity show: The secret letter to the shadow king
1
INSIGHT

Behind Tehran’s unity show: The secret letter to the shadow king

2
INSIGHT

Power vacuum in Tehran emboldens hardliners

3
ANALYSIS

Rapid deterioration of Iran-UAE ties threatens a critical trade lifeline

4

Iran officials project unity after Trump leadership remarks

5
ANALYSIS

Tehran stocks head for reopening, but it risks triggering a new crisis

Banner
Banner

Spotlight

  • Iran’s economy after the March war: how bad can it get?
    ANALYSIS

    Iran’s economy after the March war: how bad can it get?

  • Behind Tehran’s unity show: The secret letter to the shadow king
    INSIGHT

    Behind Tehran’s unity show: The secret letter to the shadow king

  • Rapid deterioration of Iran-UAE ties threatens a critical trade lifeline
    ANALYSIS

    Rapid deterioration of Iran-UAE ties threatens a critical trade lifeline

  • Tehran stocks head for reopening, but it risks triggering a new crisis
    ANALYSIS

    Tehran stocks head for reopening, but it risks triggering a new crisis

  • Power vacuum in Tehran emboldens hardliners
    INSIGHT

    Power vacuum in Tehran emboldens hardliners

  • Inflation spikes, basic goods slip out of reach for Iranians, citizens say
    VOICES FROM IRAN

    Inflation spikes, basic goods slip out of reach for Iranians, citizens say

•
•
•

More Stories

Iran says Hormuz open for shipping during ceasefire

Apr 17, 2026, 14:00 GMT+1

Iran’s foreign minister said passage through the Strait of Hormuz is fully open for commercial vessels for the duration of a ceasefire linked to Lebanon, in remarks on Friday.

Abbas Araghchi said shipping will follow routes coordinated by Iran’s Ports and Maritime Organisation.

Iran delegation, citing possible Israeli threat, got Pakistan escort home - Reuters

Apr 17, 2026, 12:35 GMT+1

Pakistan deployed fighter jets to escort an Iranian delegation home from talks with the United States after concerns were raised they could be targeted during their return, sources told Reuters.

The move came after Iranian officials discussed the possibility of an Israeli strike following last weekend’s inconclusive talks in Islamabad, according to three sources familiar with the matter.

About 20 aircraft, including fighter jets and an airborne warning system, were involved in the operation to сопровide cover for the delegation, two Pakistani sources said.

A regional diplomat said the threat was described as a possibility rather than an imminent risk, but Pakistan moved ahead with the escort as a precaution.

“When the talks failed, the Iranians were wary that things had not gone right,” a security source said. “It was their suspicion that they might be targeted.”

The delegation, which included senior Iranian officials, was escorted beyond Pakistani airspace, one source said, adding that similar measures could be used for future rounds of talks.

The episode underscores the tensions surrounding the negotiations, even as both sides signal willingness to continue dialogue.

Police probe incident near Israeli embassy in London after suspicious items found

Apr 17, 2026, 12:20 GMT+1

Police are investigating a security incident near the Israeli embassy in London after officers found a number of discarded items in Kensington Gardens.

Counter Terrorism Policing London said it is aware of a video shared online in which a group claims to have targeted the embassy with drones carrying hazardous substances.

Police said the embassy had not been attacked and that urgent inquiries are under way to assess the authenticity of the video and any link to the items found.

Authorities said they do not believe there is any increased risk to public safety at this stage, but urged people to avoid the area while investigations continue.

Iran cleric says conflict with US will not end,

Apr 17, 2026, 12:15 GMT+1

An Iranian cleric said conflict with the United States would continue in different forms and warned Iran’s forces are ready to respond to any escalation.

“The war with the US is not something that ends and will take different forms over time,” Mohammad Nabi Mousavi Fard, Friday prayer leader in Ahvaz, said.

“The smallest mistake by the enemy will be seen as a violation of the ceasefire,” he said, warning of a strong response.

He added that even a combined effort by global powers would not defeat what he described as the “front of Islam.”

Iran rejects temporary ceasefire, seeks broader end to conflict

Apr 17, 2026, 11:32 GMT+1

Iran rejects any temporary ceasefire and is seeking a comprehensive end to conflict across the region, Deputy Foreign Minister Saeed Khatibzadeh said on Friday.

Speaking on the sidelines of the Antalya Diplomacy Forum, Khatibzadeh said any ceasefire must cover all fronts “from Lebanon to the Red Sea,” describing it as a red line for Tehran.

“We are not accepting any temporary ceasefire,” he said, adding that the cycle of conflict should end “once and for all.”

Khatibzadeh said Pakistan was engaged in mediation efforts aimed at achieving a broader settlement.

He also said Iran remains committed to keeping the Strait of Hormuz open, but indicated that new arrangements could be introduced, including measures related to security and safe passage.