
<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>oil markets &#8211; The Milli Chronicle</title>
	<atom:link href="https://millichronicle.com/tag/oil-markets/feed" rel="self" type="application/rss+xml" />
	<link>https://millichronicle.com</link>
	<description>Factual Version of a Story</description>
	<lastBuildDate>Sat, 06 Jun 2026 16:34:20 +0000</lastBuildDate>
	<language>en-US</language>
	<sy:updatePeriod>
	hourly	</sy:updatePeriod>
	<sy:updateFrequency>
	1	</sy:updateFrequency>
	

<image>
	<url>https://media.millichronicle.com/2018/11/12122950/logo-m-01-150x150.png</url>
	<title>oil markets &#8211; The Milli Chronicle</title>
	<link>https://millichronicle.com</link>
	<width>32</width>
	<height>32</height>
</image> 
	<item>
		<title>Iran Missiles Target Bahrain, Kuwait as Gulf Tensions Escalate</title>
		<link>https://millichronicle.com/2026/06/68399.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Sat, 06 Jun 2026 16:34:19 +0000</pubDate>
				<category><![CDATA[Latest]]></category>
		<category><![CDATA[Middle East and North Africa]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Top Stories]]></category>
		<category><![CDATA[Ali Al Salem Air Base]]></category>
		<category><![CDATA[bahrain]]></category>
		<category><![CDATA[donald trump]]></category>
		<category><![CDATA[drones]]></category>
		<category><![CDATA[Fifth Fleet]]></category>
		<category><![CDATA[Gulf crisis]]></category>
		<category><![CDATA[Gulf Security]]></category>
		<category><![CDATA[iran]]></category>
		<category><![CDATA[Iranian Missiles]]></category>
		<category><![CDATA[kuwait]]></category>
		<category><![CDATA[manama]]></category>
		<category><![CDATA[maritime security]]></category>
		<category><![CDATA[middle east]]></category>
		<category><![CDATA[missile defense]]></category>
		<category><![CDATA[oil markets]]></category>
		<category><![CDATA[regional conflict]]></category>
		<category><![CDATA[sovereignty]]></category>
		<category><![CDATA[Strait of Hormuz]]></category>
		<category><![CDATA[tehran]]></category>
		<category><![CDATA[US Central Command]]></category>
		<category><![CDATA[us military]]></category>
		<guid isPermaLink="false">https://millichronicle.com/?p=68399</guid>

					<description><![CDATA[Dubai- Bahrain and Kuwait on Saturday condemned Iranian missile and drone attacks on their territories, calling them a violation of]]></description>
										<content:encoded><![CDATA[
<p><strong>Dubai-</strong> Bahrain and Kuwait on Saturday condemned Iranian missile and drone attacks on their territories, calling them a violation of sovereignty and a dangerous escalation in the widening Gulf conflict.</p>



<p>Bahrain said seven missiles fired by Iran toward Bahrain and Kuwait were intercepted, describing the attack as “blatant aggression” and urging Tehran to immediately halt strikes against Gulf neighbors. Kuwait&#8217;s military also reported intercepting incoming missiles and drones.</p>



<p>Iran&#8217;s Revolutionary Guard said it targeted Kuwait&#8217;s Ali Al Salem Air Base, which hosts U.S. forces, and the U.S. Navy&#8217;s Fifth Fleet headquarters in Bahrain.</p>



<p>The attacks came hours after U.S. Central Command said it intercepted Iranian ballistic missiles and drones launched toward Gulf allies and the Strait of Hormuz, while carrying out retaliatory strikes against Iranian coastal radar installations.</p>



<p>Washington said the Iranian drones posed an immediate threat to maritime traffic through the strategic waterway, a key route for global oil and gas shipments. The latest exchange has further strained a fragile ceasefire and intensified pressure on Tehran as the Trump administration seeks a broader agreement to end the conflict.</p>
]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>Trump Weighs Iran Ceasefire Pact as Nuclear Talks Loom</title>
		<link>https://millichronicle.com/2026/05/67893.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Thu, 28 May 2026 14:56:26 +0000</pubDate>
				<category><![CDATA[Latest]]></category>
		<category><![CDATA[Middle East and North Africa]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Top Stories]]></category>
		<category><![CDATA[Axios]]></category>
		<category><![CDATA[breaking news]]></category>
		<category><![CDATA[ceasefire agreement]]></category>
		<category><![CDATA[Diplomacy]]></category>
		<category><![CDATA[donald trump]]></category>
		<category><![CDATA[Geopolitics]]></category>
		<category><![CDATA[Gulf tensions]]></category>
		<category><![CDATA[Iran nuclear talks]]></category>
		<category><![CDATA[marco rubio]]></category>
		<category><![CDATA[Middle East tensions]]></category>
		<category><![CDATA[nuclear negotiations]]></category>
		<category><![CDATA[oil markets]]></category>
		<category><![CDATA[regional security]]></category>
		<category><![CDATA[Reuters style]]></category>
		<category><![CDATA[sanctions]]></category>
		<category><![CDATA[Strait of Hormuz]]></category>
		<category><![CDATA[tehran]]></category>
		<category><![CDATA[uranium enrichment]]></category>
		<category><![CDATA[US-Iran relations]]></category>
		<category><![CDATA[Washington]]></category>
		<category><![CDATA[white house]]></category>
		<guid isPermaLink="false">https://millichronicle.com/?p=67893</guid>

					<description><![CDATA[Washington-The United States and Iran have reached a preliminary 60-day memorandum of understanding to extend a ceasefire and begin negotiations]]></description>
										<content:encoded><![CDATA[
<p><strong>Washington-</strong>The United States and Iran have reached a preliminary 60-day memorandum of understanding to extend a ceasefire and begin negotiations over Tehran’s nuclear program, but the arrangement still requires final approval from U.S. President Donald Trump, Axios reported on Thursday, citing two U.S. officials.</p>



<p><br>The reported agreement comes amid heightened tensions between Washington and Tehran following recent exchanges of air strikes and renewed concerns over regional stability and shipping security in the Gulf. According to the Axios report, the proposed understanding would temporarily preserve the ceasefire framework while opening a diplomatic channel focused on Iran’s nuclear activities.</p>



<p><br>Neither the White House nor Iranian authorities immediately issued public confirmation of the reported arrangement. The U.S. State Department also did not publicly comment on the Axios report.<br>The development follows remarks by Trump earlier this week indicating dissatisfaction with the pace and scope of negotiations involving Iran.</p>



<p> It also comes after reports of intensified military exchanges between the two countries, underscoring the fragile security environment surrounding any prospective diplomatic process.</p>



<p><br>U.S. Secretary of State Marco Rubio was photographed alongside Trump during a cabinet meeting at the White House on Wednesday, as the administration continued deliberations over Middle East policy and Iran strategy.</p>



<p><br>Any agreement to reopen structured nuclear negotiations would mark the most significant diplomatic engagement between Washington and Tehran in years. Previous talks aimed at reviving limits on Iran’s nuclear program had stalled amid disputes over sanctions relief, uranium enrichment levels and regional security guarantees.</p>



<p><br>Financial markets and regional governments have closely monitored developments involving Iran because of their potential implications for global oil supply routes, particularly around the Strait of Hormuz, a critical maritime corridor for energy exports.</p>



<p><br>The Axios report said Trump’s final decision remained pending as administration officials reviewed the terms of the proposed understanding.</p>
]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>US Strikes Iranian Targets as Fragile Diplomacy Struggles to Contain Gulf Crisis</title>
		<link>https://millichronicle.com/2026/05/67786.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Tue, 26 May 2026 06:38:01 +0000</pubDate>
				<category><![CDATA[Latest]]></category>
		<category><![CDATA[Middle East and North Africa]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Top Stories]]></category>
		<category><![CDATA[Abbas Araghchi]]></category>
		<category><![CDATA[abraham accords]]></category>
		<category><![CDATA[Benjamin Netanyahu]]></category>
		<category><![CDATA[doha talks]]></category>
		<category><![CDATA[donald trump]]></category>
		<category><![CDATA[Esmaeil Baghaei]]></category>
		<category><![CDATA[global energy security]]></category>
		<category><![CDATA[Gulf region]]></category>
		<category><![CDATA[hezbollah]]></category>
		<category><![CDATA[iran]]></category>
		<category><![CDATA[israel]]></category>
		<category><![CDATA[lebanon]]></category>
		<category><![CDATA[marco rubio]]></category>
		<category><![CDATA[maritime trade]]></category>
		<category><![CDATA[Middle East conflict]]></category>
		<category><![CDATA[nuclear negotiations]]></category>
		<category><![CDATA[oil markets]]></category>
		<category><![CDATA[qatar]]></category>
		<category><![CDATA[Strait of Hormuz]]></category>
		<category><![CDATA[united states]]></category>
		<category><![CDATA[US Central Command]]></category>
		<guid isPermaLink="false">https://millichronicle.com/?p=67786</guid>

					<description><![CDATA[Dubai-U.S. forces carried out fresh strikes against targets in southern Iran on Monday, including boats allegedly attempting to deploy naval]]></description>
										<content:encoded><![CDATA[
<p><strong>Dubai-</strong>U.S. forces carried out fresh strikes against targets in southern Iran on Monday, including boats allegedly attempting to deploy naval mines and missile launch sites, even as American and Iranian officials pursued diplomatic efforts aimed at ending a three-month conflict that has disrupted global energy markets and heightened regional instability.</p>



<p><br>The operation, announced by the U.S. military, targeted what officials described as immediate threats to American personnel and maritime security. The strikes occurred while senior Iranian negotiators, including Foreign Minister Abbas Araghchi and other officials, were in Doha for talks with Qatari mediators seeking a framework agreement to halt hostilities.</p>



<p><br>The latest military action underscored the delicate balance between diplomacy and confrontation as Washington and Tehran attempt to negotiate an end to a conflict that has centered on Iran’s nuclear program and the closure of the strategically vital Strait of Hormuz.</p>



<p><br>In a statement, the U.S. Central Command said the attacks were defensive measures intended to protect American forces from threats posed by Iranian military assets.</p>



<p><br>“U.S. Central Command continues to defend our forces while using restraint during the ongoing ceasefire,” said Navy Captain Tim Hawkins, a military spokesperson.</p>



<p><br>Earlier in India, U.S. Secretary of State Marco Rubio said Washington remained committed to diplomacy and believed a negotiated settlement remained achievable.</p>



<p><br>Rubio said discussions were focused on reopening the Strait of Hormuz and launching a structured, time-limited negotiation over Iran’s nuclear activities. He indicated the United States would continue to pursue diplomatic options before considering alternative measures.</p>



<p><br>President Donald Trump echoed that message in a social media post, describing negotiations as progressing positively while warning that further military action could follow if talks failed to produce results.</p>



<p><br>At the center of the negotiations is the Strait of Hormuz, through which roughly one-fifth of global oil and liquefied natural gas shipments typically pass. Since the conflict began in late February, commercial traffic through the waterway has fallen sharply as Iran imposed restrictions and security concerns mounted.</p>



<p><br>A source familiar with the Doha discussions said negotiators were focusing on two key issues: restoring unrestricted navigation through the strait and addressing Iran’s stockpile of highly enriched uranium. Iranian financial officials were also participating in discussions involving the possible release of frozen Iranian assets as part of a broader settlement.<br>Iranian Foreign Ministry spokesperson Esmaeil Baghaei said detailed nuclear negotiations would only begin after a broader framework agreement had been reached.</p>



<p><br>Tehran maintains that its nuclear program is peaceful and has repeatedly denied seeking nuclear weapons. Washington, meanwhile, insists that preventing Iran from acquiring a nuclear weapon remains a central objective of any agreement.</p>



<p><br>In a separate development, Iranian state media reported that the country had used a newly deployed air-defense system to shoot down what officials described as a hostile stealth drone operating near the Arabian Gulf. Iranian authorities did not specify the drone’s origin.</p>



<p><br>Regional tensions were further heightened by developments in neighboring Lebanon. Israeli Prime Minister Benjamin Netanyahu said Israel would intensify military operations against the Iran-backed Hezbollah movement despite a ceasefire agreement reached earlier this year. The Israeli military later reported strikes against Hezbollah infrastructure in the Bekaa Valley and other areas.</p>



<p><br>Diplomatic efforts have also become intertwined with broader regional initiatives. Trump used his latest public comments to urge additional Arab and Muslim-majority nations to join the Abraham Accords, the U.S.-brokered framework that normalized relations between Israel and several Arab countries during his first term.</p>



<p><br>The proposal drew skepticism from regional observers and diplomats, some of whom argued that negotiations over Iran and broader normalization efforts should remain separate tracks.</p>



<p><br>Analysts said the administration appeared to be attempting to frame a prospective Iran agreement as part of a larger regional security architecture that could benefit Israel, Gulf states and the United States simultaneously.</p>



<p><br>Despite ongoing military exchanges, markets reacted positively to signs that diplomacy was continuing. Oil prices fell more than 4 percent on Monday, reaching their lowest levels in two weeks amid expectations that a breakthrough could restore shipping through the Strait of Hormuz and ease pressure on global energy supplies.</p>



<p><br>Iranian officials said 32 commercial vessels and five oil tankers transited the strait during the previous 24 hours under authorization from Iran’s naval forces, a fraction of the volume typically seen before the conflict began.</p>



<p><br>Negotiators in Doha are expected to continue discussions in the coming days as both sides seek agreement on the terms of a ceasefire, maritime security arrangements and a framework for addressing longstanding disputes over Iran’s nuclear activities.</p>
]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>Trump Warns Iran Conflict Could Reignite as Pakistan Pushes Diplomacy</title>
		<link>https://millichronicle.com/2026/05/67489.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Thu, 21 May 2026 12:59:42 +0000</pubDate>
				<category><![CDATA[Latest]]></category>
		<category><![CDATA[Middle East and North Africa]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Top Stories]]></category>
		<category><![CDATA[ceasefire]]></category>
		<category><![CDATA[Diplomacy]]></category>
		<category><![CDATA[donald trump]]></category>
		<category><![CDATA[energy security]]></category>
		<category><![CDATA[Esmaeil Baghaei]]></category>
		<category><![CDATA[geopolitical crisis]]></category>
		<category><![CDATA[Gulf tensions]]></category>
		<category><![CDATA[iran]]></category>
		<category><![CDATA[Iran-US relations]]></category>
		<category><![CDATA[islamabad]]></category>
		<category><![CDATA[Masoud Pezeshkian]]></category>
		<category><![CDATA[Middle East conflict]]></category>
		<category><![CDATA[Mohsin Naqvi]]></category>
		<category><![CDATA[nuclear talks]]></category>
		<category><![CDATA[oil markets]]></category>
		<category><![CDATA[pakistan]]></category>
		<category><![CDATA[regional stability]]></category>
		<category><![CDATA[sanctions]]></category>
		<category><![CDATA[Strait of Hormuz]]></category>
		<category><![CDATA[tehran]]></category>
		<category><![CDATA[united states]]></category>
		<guid isPermaLink="false">https://millichronicle.com/?p=67489</guid>

					<description><![CDATA[Islamabad— Iranian President Masoud Pezeshkian and Pakistan Interior Minister Mohsin Naqvi discussed diplomatic efforts surrounding stalled U.S.-Iran negotiations on Thursday,]]></description>
										<content:encoded><![CDATA[
<p><strong>Islamabad</strong>— Iranian President Masoud Pezeshkian and Pakistan Interior Minister Mohsin Naqvi discussed diplomatic efforts surrounding stalled U.S.-Iran negotiations on Thursday, as U.S. President Donald Trump warned Washington could resume military action against Tehran “very quickly” if talks failed.</p>



<p><br>The discussions in Tehran came as Iran said it was reviewing Washington’s latest position on ending the conflict that erupted after joint U.S.-Israeli strikes on Iran in February and has remained paused under a fragile ceasefire since April 8.</p>



<p><br>According to Iran’s state-run IRNA news agency, Pezeshkian and Naqvi reviewed “the latest regional developments and the diplomatic consultations related to the Iran-U.S. talks,” while emphasizing continued political coordination and regional cooperation.</p>



<p><br>Naqvi conveyed the “messages and views” of Pakistani officials regarding ongoing negotiations and the importance of maintaining dialogue, IRNA reported.<br>Pakistan has emerged as a key intermediary since the conflict began, hosting rare direct talks between U.S. and Iranian officials last month as Islamabad intensified diplomatic outreach aimed at preventing renewed escalation in the Gulf region.</p>



<p><br>Pezeshkian praised Pakistan’s efforts to support regional stability and stressed the importance of continued coordination between Tehran and Islamabad, according to Iranian media.<br>The war, triggered by U.S. and Israeli strikes on Tehran in late February, disrupted shipping through the Strait of Hormuz, a strategic energy corridor that carries roughly one-fifth of global oil and gas supplies. </p>



<p>Although direct fighting halted under the ceasefire agreement, negotiations have shown limited progress in recent weeks.<br>Speaking to reporters, Trump said military action remained an option if Tehran failed to respond positively to U.S. proposals.</p>



<p><br>“Believe me, if we don’t get the right answers, it goes very quickly. We’re all ready to go,” Trump said, according to the Associated Press.<br>Asked how long Washington would wait, Trump replied: “It could be a few days, but it could go very quickly.”</p>



<p><br>Trump also reiterated that the United States would not permit Iran to acquire a nuclear weapon.<br>“We’re in the final stages of Iran,” Trump said earlier. “Either have a deal or we’re going to do some things that are a little bit nasty.”</p>



<p><br>Iran said it was examining Washington’s latest views after submitting a new proposal this week. Iranian officials indicated the offer included demands previously rejected by Trump, including sanctions relief, compensation for war-related damage, release of frozen assets and changes linked to the Strait of Hormuz.</p>



<p><br>“We have received U.S. views and are reviewing them,” Iranian Foreign Ministry spokesman Esmaeil Baghaei was quoted as saying by Nour News.</p>



<p><br>The uncertainty surrounding negotiations has contributed to volatility in global energy markets and increased political pressure on Trump ahead of U.S. midterm elections later this year amid rising fuel prices.</p>
]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>G7 Pushes Diplomatic Track on Iran Crisis</title>
		<link>https://millichronicle.com/2026/05/67300.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Mon, 18 May 2026 02:35:51 +0000</pubDate>
				<category><![CDATA[Latest]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Top Stories]]></category>
		<category><![CDATA[World]]></category>
		<category><![CDATA[Diplomacy]]></category>
		<category><![CDATA[economic resilience]]></category>
		<category><![CDATA[energy security]]></category>
		<category><![CDATA[european union]]></category>
		<category><![CDATA[finance ministers]]></category>
		<category><![CDATA[g7]]></category>
		<category><![CDATA[germany]]></category>
		<category><![CDATA[Germany politics]]></category>
		<category><![CDATA[global economy]]></category>
		<category><![CDATA[international trade]]></category>
		<category><![CDATA[Iran conflict]]></category>
		<category><![CDATA[Lars Klingbeil]]></category>
		<category><![CDATA[Middle East crisis]]></category>
		<category><![CDATA[oil markets]]></category>
		<category><![CDATA[Paris meeting]]></category>
		<category><![CDATA[Reuters]]></category>
		<category><![CDATA[Russia Ukraine war]]></category>
		<category><![CDATA[Sergii Marchenko]]></category>
		<category><![CDATA[Strait of Hormuz]]></category>
		<category><![CDATA[supply chains]]></category>
		<category><![CDATA[ukraine]]></category>
		<guid isPermaLink="false">https://millichronicle.com/?p=67300</guid>

					<description><![CDATA[Berlin-— German Finance Minister Lars Klingbeil said on Monday that the Group of Seven nations was the appropriate forum to]]></description>
										<content:encoded><![CDATA[
<p><strong>Berlin-</strong>— German Finance Minister Lars Klingbeil said on Monday that the Group of Seven nations was the appropriate forum to discuss efforts to end the conflict involving Iran, warning that instability in the Middle East and disruption in the Strait of Hormuz posed a major risk to the global economy.</p>



<p><br>Klingbeil is due to travel to Paris for a meeting of G7 finance ministers and central bank governors scheduled for Monday and Tuesday, where the Iran conflict and its economic implications are expected to feature prominently on the agenda.</p>



<p><br>“The G7 is the right place to discuss how we can help bring about a lasting end to the war in Iran,” Klingbeil said in remarks released before the meeting. He added that Germany and its European partners remained committed to cooperation, open trade and rules-based international partnerships.</p>



<p><br>The minister said recent geopolitical and economic shocks had reinforced the need for Germany and Europe to strengthen resilience in critical sectors including raw materials, energy supplies and industrial supply chains.</p>



<p><br>The conflict has heightened concerns over shipping through the Strait of Hormuz, one of the world’s most strategically important oil transit routes. Any prolonged disruption could affect global energy markets and trade flows.</p>



<p><br>Klingbeil also said finance ministers from Brazil, India, South Korea and Kenya would participate in discussions in Paris as part of a broader effort to deepen international economic partnerships beyond the G7 bloc.</p>



<p><br>He said Germany would continue supporting Ukraine despite mounting tensions in the Middle East and would not allow the Iran crisis to divert attention from Russia’s war in Ukraine.</p>



<p><br>Klingbeil is expected to sign a double taxation agreement with Ukrainian Finance Minister Sergii Marchenko during the Paris meetings, a step he said would strengthen economic cooperation and provide greater legal certainty for businesses operating between the two countries.</p>
]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>Trump-Xi Iran Accord Sharpens Pressure Over Strait, Nuclear Standoff</title>
		<link>https://millichronicle.com/2026/05/67126.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Fri, 15 May 2026 07:43:47 +0000</pubDate>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Latest]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Top Stories]]></category>
		<category><![CDATA[Brad Cooper]]></category>
		<category><![CDATA[china]]></category>
		<category><![CDATA[donald trump]]></category>
		<category><![CDATA[Fujairah]]></category>
		<category><![CDATA[geopolitical tensions]]></category>
		<category><![CDATA[Gulf shipping]]></category>
		<category><![CDATA[iran]]></category>
		<category><![CDATA[maritime security]]></category>
		<category><![CDATA[middle east]]></category>
		<category><![CDATA[nuclear weapons]]></category>
		<category><![CDATA[oil markets]]></category>
		<category><![CDATA[oman]]></category>
		<category><![CDATA[sanctions]]></category>
		<category><![CDATA[Scott Bessent]]></category>
		<category><![CDATA[Strait of Hormuz]]></category>
		<category><![CDATA[taiwan]]></category>
		<category><![CDATA[tehran]]></category>
		<category><![CDATA[trade talks]]></category>
		<category><![CDATA[united states]]></category>
		<category><![CDATA[uranium enrichment]]></category>
		<category><![CDATA[Xi Jinping]]></category>
		<guid isPermaLink="false">https://millichronicle.com/?p=67126</guid>

					<description><![CDATA[Beijing-U.S. President Donald Trump said on Friday he and Chinese President Xi Jinping agreed that Iran must not obtain nuclear]]></description>
										<content:encoded><![CDATA[
<p><strong>Beijing-</strong>U.S. President Donald Trump said on Friday he and Chinese President Xi Jinping agreed that Iran must not obtain nuclear weapons and that the Strait of Hormuz should remain open, as Washington seeks Beijing’s support to contain escalating disruption from the Iran war.</p>



<p><br>Trump’s remarks followed a second day of talks with Xi in Beijing covering Iran, Taiwan, trade and regional security, amid mounting concern over energy supplies and maritime instability linked to the conflict.<br>“We’ve settled a lot of different problems that other people wouldn’t have been able to solve,” Trump told reporters after the meeting.</p>



<p><br>The White House said both leaders agreed the Strait of Hormuz — through which roughly one-fifth of global oil and liquefied natural gas shipments passed before the conflict — must remain open to international shipping.</p>



<p><br>Iran effectively curtailed most commercial traffic through the strategic waterway following U.S.-Israeli strikes that began on Feb. 28, triggering major disruption in global energy markets and renewed fears over supply-chain shocks.</p>



<p><br>Trump said Xi had also assured Washington that China would not provide military equipment to Tehran.<br>“He said he’s not going to give military equipment, that’s a big statement,” Trump said during an interview with Fox News’ “Hannity.”</p>



<p><br>China, Iran’s largest oil customer and one of its closest strategic partners, did not publicly confirm details of the discussions. However, China’s foreign ministry criticized the continuation of the war, saying the conflict “should never have happened” and had no justification to continue.</p>



<p><br>The war has become a growing political and economic challenge for the White House ahead of U.S. midterm elections later this year, with prolonged instability pushing up global energy costs and disrupting shipping routes across the Gulf.</p>



<p><br>Trump signaled increasing impatience with stalled diplomatic efforts involving Tehran.</p>



<p><br>“I am not going to be much more patient. They should make a deal,” Trump said in the televised interview.<br>Negotiations aimed at ending the conflict have remained deadlocked after Iran rejected demands to halt its nuclear program and surrender enriched uranium stockpiles. Tehran maintains its nuclear activities are intended for civilian purposes and denies seeking atomic weapons capability.</p>



<p><br>Trump suggested the issue of Iran’s uranium reserves was partly symbolic from Washington’s perspective.<br>“I just feel better if I got it,” he said, referring to the stockpile. “It’s more for public relations than it is for anything else.”</p>



<p><br>The White House said Xi expressed opposition to the militarisation of the Strait of Hormuz and rejected proposals linked to imposing tolls on shipping transiting the corridor, an idea Iranian officials have previously raised.</p>



<p><br>U.S. Treasury Secretary Scott Bessent said in an interview from Beijing that China had strong economic incentives to help restore maritime traffic through the strait.</p>



<p><br>Analysts, however, questioned whether Beijing would significantly pressure Tehran, given Iran’s strategic value as a counterweight to U.S. influence in the Middle East.</p>



<p><br>The conflict has increasingly spilled into regional shipping lanes.</p>



<p><br>An Indian cargo vessel carrying livestock from Africa to the United Arab Emirates sank off Oman on Wednesday after reportedly being struck by a missile or drone, according to British maritime security firm Vanguard. India said all 14 crew members were rescued.</p>



<p><br>Separately, Britain’s UK Maritime Trade Operations agency reported that unauthorized personnel boarded a vessel anchored near the UAE port of Fujairah and redirected it toward Iranian waters.</p>



<p><br>Vanguard said the ship was believed to have been seized by Iranian personnel.</p>



<p><br>Fujairah, located outside the Strait of Hormuz on the Gulf of Oman, serves as the UAE’s only oil export terminal bypassing the narrow maritime chokepoint.<br>Diplomatic efforts linked to the broader regional conflict continued separately in Washington, where Lebanese and Israeli officials held talks on Thursday that a senior U.S. State Department official described as productive and positive.</p>



<p><br>Trump has said the objectives of the campaign against Iran include dismantling Tehran’s nuclear program, reducing its regional military capabilities and increasing pressure on the Iranian leadership.</p>
]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>Trump Warns Iran Patience Is Wearing Thin After Xi Talks Amid Gulf Shipping Crisis</title>
		<link>https://millichronicle.com/2026/05/67081.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Fri, 15 May 2026 04:09:35 +0000</pubDate>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Latest]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Top Stories]]></category>
		<category><![CDATA[china]]></category>
		<category><![CDATA[Diplomacy]]></category>
		<category><![CDATA[donald trump]]></category>
		<category><![CDATA[enriched uranium]]></category>
		<category><![CDATA[Fujairah]]></category>
		<category><![CDATA[global energy supplies]]></category>
		<category><![CDATA[Gulf shipping]]></category>
		<category><![CDATA[hezbollah]]></category>
		<category><![CDATA[iran]]></category>
		<category><![CDATA[Iranian Revolutionary Guards]]></category>
		<category><![CDATA[Kpler]]></category>
		<category><![CDATA[maritime security]]></category>
		<category><![CDATA[Middle East conflict]]></category>
		<category><![CDATA[oil markets]]></category>
		<category><![CDATA[oman]]></category>
		<category><![CDATA[Reuters]]></category>
		<category><![CDATA[Strait of Hormuz]]></category>
		<category><![CDATA[tehran]]></category>
		<category><![CDATA[U.S.-China relations]]></category>
		<category><![CDATA[united states]]></category>
		<category><![CDATA[Xi Jinping]]></category>
		<guid isPermaLink="false">https://millichronicle.com/?p=67081</guid>

					<description><![CDATA[Beijing-U.S. President Donald Trump said he was losing patience with Iran after talks with Chinese President Xi Jinping on Thursday,]]></description>
										<content:encoded><![CDATA[
<p><strong>Beijing-</strong>U.S. President Donald Trump said he was losing patience with Iran after talks with Chinese President Xi Jinping on Thursday, as escalating tensions in the Gulf disrupted global shipping and deepened concerns over energy supplies and regional stability.</p>



<p><br>The White House said Trump and Xi agreed during meetings in Beijing that the Strait of Hormuz should remain open and that Iran must not obtain nuclear weapons, as maritime incidents near the strategic waterway intensified pressure on global oil markets.</p>



<p><br>Trump, speaking in an interview aired Thursday on Fox News, urged Tehran to reach an agreement with Washington after diplomatic efforts to end the conflict stalled.</p>



<p><br>“I am not going to be much more patient,” Trump said. “They should make a deal.”</p>



<p><br>The comments came as Iran continued restricting access through the Strait of Hormuz following U.S.-Israeli attacks that began on Feb. 28 and triggered one of the most severe disruptions to global energy flows in decades.</p>



<p><br>China, Iran’s largest oil customer and a close strategic partner, has emerged as a key diplomatic player in efforts to stabilize the region and restore shipping traffic through the narrow maritime chokepoint, which previously handled about one-fifth of global oil and liquefied natural gas supplies.</p>



<p><br>The White House said Xi opposed further militarization of the strait and rejected any attempt to impose transit tolls on vessels using the route.</p>



<p><br>Trump also said Xi assured him China would not provide military equipment to Iran and expressed interest in increasing Chinese purchases of American oil to reduce dependence on Gulf shipping lanes.<br>On the issue of Iran’s enriched uranium stockpile, Trump suggested securing the material was more politically symbolic than strategically essential.</p>



<p><br>“I don’t think it’s necessary except from a public relations standpoint,” Trump said during the interview.<br>Meanwhile, maritime security concerns escalated further after an Indian cargo vessel carrying livestock from Africa to the United Arab Emirates sank off Oman on Wednesday following what security analysts said was likely a missile or drone strike.</p>



<p><br>India said all 14 crew members were rescued by Oman’s coast guard and condemned the attack.<br>Separately, the United Kingdom Maritime Trade Operations agency reported that unauthorized personnel boarded a vessel anchored off the UAE port of Fujairah and steered it toward Iranian waters.</p>



<p><br>Security consultancy Vanguard said the ship was believed to have been seized by Iranian personnel while at anchor.</p>



<p><br>Despite the disruptions, Iranian authorities indicated they were permitting limited shipping traffic through the strait under negotiated arrangements with selected countries.</p>



<p><br>Iran’s Revolutionary Guards said 30 vessels had passed through Hormuz since Wednesday evening, although shipping levels remained far below pre-war averages.<br>Shipping analytics firm Kpler estimated that roughly 10 vessels crossed the strait during the past 24 hours, compared with about 140 vessels on a typical day before the conflict.</p>



<p><br>Diplomatic efforts to end the war remain stalled after Tehran and Washington rejected each other’s latest proposals last week.</p>



<p><br>Washington is demanding Iran surrender its stockpile of enriched uranium and halt further enrichment activities, while Tehran is seeking sanctions relief, compensation for war-related damage and recognition of its control over the strait.</p>



<p><br>A senior U.S. admiral told a Senate committee on Thursday that Iran’s ability to threaten neighboring countries and American interests had been “significantly degraded” by the conflict, though reports indicate Tehran retains substantial missile and drone capabilities.</p>



<p><br>The conflict has also reverberated across the wider region, including renewed instability involving the Iran-backed group Hezbollah in Lebanon.</p>
]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>Iran Opens Strait of Hormuz Passage to Chinese Ships Amid Energy Security Talks</title>
		<link>https://millichronicle.com/2026/05/67055.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Thu, 14 May 2026 15:35:07 +0000</pubDate>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Latest]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Top Stories]]></category>
		<category><![CDATA[Beijing summit]]></category>
		<category><![CDATA[china]]></category>
		<category><![CDATA[donald trump]]></category>
		<category><![CDATA[energy security]]></category>
		<category><![CDATA[global energy supplies]]></category>
		<category><![CDATA[global trade]]></category>
		<category><![CDATA[Gulf shipping]]></category>
		<category><![CDATA[Gulf tensions]]></category>
		<category><![CDATA[iran]]></category>
		<category><![CDATA[Iraqi crude oil]]></category>
		<category><![CDATA[Israeli strikes]]></category>
		<category><![CDATA[maritime security]]></category>
		<category><![CDATA[maritime transit]]></category>
		<category><![CDATA[oil markets]]></category>
		<category><![CDATA[Persian Gulf]]></category>
		<category><![CDATA[shipping disruption]]></category>
		<category><![CDATA[Strait of Hormuz]]></category>
		<category><![CDATA[tanker routes]]></category>
		<category><![CDATA[tehran]]></category>
		<category><![CDATA[US Iran conflict]]></category>
		<category><![CDATA[Xi Jinping]]></category>
		<guid isPermaLink="false">https://millichronicle.com/?p=67055</guid>

					<description><![CDATA[Dubai— Iran has begun allowing selected Chinese vessels to transit through the Strait of Hormuz under a new coordination arrangement]]></description>
										<content:encoded><![CDATA[
<p><strong>Dubai</strong>— Iran has begun allowing selected Chinese vessels to transit through the Strait of Hormuz under a new coordination arrangement with Tehran, Iranian semi-official media reported on Thursday, as global powers intensify efforts to stabilize energy flows through the critical waterway.</p>



<p>The report by Iran’s Fars news agency came hours after Donald Trump and Chinese President Xi Jinping agreed during summit talks in Beijing that the Strait of Hormuz should remain open to ensure uninterrupted global energy supplies.</p>



<p>According to Fars, citing an informed source, the arrangement followed requests from China’s foreign minister and ambassador to Tehran. Iran subsequently agreed to facilitate the passage of a number of Chinese-linked vessels within what the report described as the framework of the two countries’ strategic partnership.</p>



<p>The report did not specify how many ships would be permitted to transit or whether broader restrictions on international shipping remained in place.Iran sharply tightened controls over movement through the Strait following the start of US and Israeli strikes on Feb. 28, significantly disrupting maritime traffic through one of the world’s most important energy corridors.</p>



<p>The situation worsened after a US blockade on Iranian ports began shortly after a ceasefire agreement reached in early April, prolonging instability across the Gulf region and affecting shipping routes responsible for roughly one-fifth of global oil and natural gas flows.It remained unclear how significantly the latest arrangement would alter maritime operations in practice.</p>



<p> During the conflict, Iranian authorities had already indicated that vessels considered neutral particularly those linked to China — could pass through the Strait if they coordinated movements with Iranian military forces.</p>



<p>Ship-tracking data showed that a Chinese supertanker carrying around 2 million barrels of Iraqi crude successfully passed through the Strait on Wednesday after being stranded in Gulf waters for more than two months due to the conflict.</p>



<p>The renewed movement of Chinese vessels through Hormuz highlights Beijing’s growing diplomatic and economic engagement in Gulf security issues as disruptions in the region continue to fuel volatility in global energy markets.</p>
]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>Iran Opens Strait of Hormuz Passage to Chinese Ships Amid Energy Security Talks</title>
		<link>https://millichronicle.com/2026/05/67027.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Thu, 14 May 2026 12:35:05 +0000</pubDate>
				<category><![CDATA[Latest]]></category>
		<category><![CDATA[Middle East and North Africa]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Top Stories]]></category>
		<category><![CDATA[Beijing summit]]></category>
		<category><![CDATA[china]]></category>
		<category><![CDATA[donald trump]]></category>
		<category><![CDATA[energy security]]></category>
		<category><![CDATA[global energy supplies]]></category>
		<category><![CDATA[global trade]]></category>
		<category><![CDATA[Gulf shipping]]></category>
		<category><![CDATA[Gulf tensions]]></category>
		<category><![CDATA[iran]]></category>
		<category><![CDATA[Iraqi crude oil]]></category>
		<category><![CDATA[Israeli strikes]]></category>
		<category><![CDATA[maritime security]]></category>
		<category><![CDATA[maritime transit]]></category>
		<category><![CDATA[oil markets]]></category>
		<category><![CDATA[Persian Gulf]]></category>
		<category><![CDATA[shipping disruption]]></category>
		<category><![CDATA[Strait of Hormuz]]></category>
		<category><![CDATA[tanker routes]]></category>
		<category><![CDATA[tehran]]></category>
		<category><![CDATA[US Iran conflict]]></category>
		<category><![CDATA[Xi Jinping]]></category>
		<guid isPermaLink="false">https://millichronicle.com/?p=67027</guid>

					<description><![CDATA[Dubai— Iran has begun allowing selected Chinese vessels to transit through the Strait of Hormuz under a new coordination arrangement]]></description>
										<content:encoded><![CDATA[
<p><strong>Dubai</strong>— Iran has begun allowing selected Chinese vessels to transit through the Strait of Hormuz under a new coordination arrangement with Tehran, Iranian semi-official media reported on Thursday, as global powers intensify efforts to stabilize energy flows through the critical waterway.</p>



<p>The report by Iran’s Fars news agency came hours after Donald Trump and Chinese President Xi Jinping agreed during summit talks in Beijing that the Strait of Hormuz should remain open to ensure uninterrupted global energy supplies.</p>



<p>According to Fars, citing an informed source, the arrangement followed requests from China’s foreign minister and ambassador to Tehran. Iran subsequently agreed to facilitate the passage of a number of Chinese-linked vessels within what the report described as the framework of the two countries’ strategic partnership.</p>



<p>The report did not specify how many ships would be permitted to transit or whether broader restrictions on international shipping remained in place.Iran sharply tightened controls over movement through the Strait following the start of US and Israeli strikes on Feb. 28, significantly disrupting maritime traffic through one of the world’s most important energy corridors.</p>



<p>The situation worsened after a US blockade on Iranian ports began shortly after a ceasefire agreement reached in early April, prolonging instability across the Gulf region and affecting shipping routes responsible for roughly one-fifth of global oil and natural gas flows.</p>



<p>It remained unclear how significantly the latest arrangement would alter maritime operations in practice. During the conflict, Iranian authorities had already indicated that vessels considered neutral — particularly those linked to China  could pass through the Strait if they coordinated movements with Iranian military forces.</p>



<p>Ship-tracking data showed that a Chinese supertanker carrying around 2 million barrels of Iraqi crude successfully passed through the Strait on Wednesday after being stranded in Gulf waters for more than two months due to the conflict.</p>



<p>The renewed movement of Chinese vessels through Hormuz highlights Beijing’s growing diplomatic and economic engagement in Gulf security issues as disruptions in the region continue to fuel volatility in global energy markets.</p>
]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>Iran Delays Reply to US Peace Proposal as Gulf Naval Tensions Escalate</title>
		<link>https://millichronicle.com/2026/05/66733.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Sat, 09 May 2026 15:01:03 +0000</pubDate>
				<category><![CDATA[Middle East and North Africa]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Top Stories]]></category>
		<category><![CDATA[Abbas Araghchi]]></category>
		<category><![CDATA[ceasefire talks]]></category>
		<category><![CDATA[donald trump]]></category>
		<category><![CDATA[global energy]]></category>
		<category><![CDATA[Gulf tensions]]></category>
		<category><![CDATA[iran]]></category>
		<category><![CDATA[jd vance]]></category>
		<category><![CDATA[Kharg Island]]></category>
		<category><![CDATA[marco rubio]]></category>
		<category><![CDATA[maritime security]]></category>
		<category><![CDATA[Middle East conflict]]></category>
		<category><![CDATA[naval clashes]]></category>
		<category><![CDATA[oil markets]]></category>
		<category><![CDATA[Pakistani mediators]]></category>
		<category><![CDATA[qatar]]></category>
		<category><![CDATA[Reuters style]]></category>
		<category><![CDATA[Strait of Hormuz]]></category>
		<category><![CDATA[tanker incident]]></category>
		<category><![CDATA[tehran]]></category>
		<category><![CDATA[united states]]></category>
		<category><![CDATA[Washington]]></category>
		<guid isPermaLink="false">https://millichronicle.com/?p=66733</guid>

					<description><![CDATA[Tehran — Iran on Saturday cast doubt on the credibility of U.S. diplomacy following renewed naval confrontations in the Gulf,]]></description>
										<content:encoded><![CDATA[
<p><strong>Tehran</strong> — Iran on Saturday cast doubt on the credibility of U.S. diplomacy following renewed naval confrontations in the Gulf, while withholding a formal response to Washington’s latest proposal aimed at extending a fragile truce and launching broader peace negotiations.</p>



<p>U.S. President Donald Trump said on Friday he expected Tehran to respond “supposedly tonight” to a proposal delivered through Pakistani mediators, but no official Iranian reply had been made public by Saturday evening.Iranian Foreign Minister Abbas Araghchi questioned Washington’s intentions during a phone call with his Turkish counterpart, according to remarks published by Iran’s ISNA news agency.</p>



<p>“The recent escalation of tensions by American forces in the Arabian Gulf and their numerous actions in violating the ceasefire have added to suspicions about the motivation and seriousness of the American side in the path of diplomacy,” Araghchi said.The comments followed a confrontation on Friday in which a U.S. fighter jet fired on and disabled two Iranian-flagged tankers that Washington said had challenged an American naval blockade targeting Iranian ports.</p>



<p>An Iranian military official, quoted by local media, said Iran’s navy had retaliated against what he described as “American terrorism with strikes,” adding that the clashes had since ended.The incident came less than a day after another flare-up in the Strait of Hormuz, one of the world’s most strategically important shipping routes for global oil exports.</p>



<p>U.S. Secretary of State Marco Rubio reiterated Friday that it was “unacceptable” for Tehran to exert control over the waterway, through which a substantial share of global crude shipments passes.The Trump administration has sought to reopen commercial navigation through the strait after Iran restricted maritime access following the outbreak of conflict on Feb. 28, triggered by joint U.S.-Israeli strikes on Iranian targets.</p>



<p>Washington later imposed a blockade on Iranian ports, escalating tensions across Gulf shipping lanes and contributing to volatility in international energy markets.Iranian Foreign Ministry spokesperson Esmaeil Baqaei said Friday the latest U.S. proposal remained “under review.”</p>



<p>Meanwhile, Sheikh Mohammed bin Abdulrahman Al Thani met U.S. Vice President JD Vance in Washington on Friday to discuss Pakistani-mediated efforts to secure a longer-term settlement.Separately, satellite imagery indicated an oil slick spreading near Kharg Island, Iran’s principal oil export hub in the Gulf.</p>



<p> Monitoring group Orbital EOS estimated the slick initially covered more than 20 square miles before appearing to diminish by Saturday.The UK-based Conflict and Environment Observatory said the spill may have originated from damaged or leaking oil infrastructure, though the exact cause remained unclear.</p>



<p>Kharg Island plays a central role in Iran’s energy exports and has become increasingly sensitive amid the ongoing confrontation over Gulf shipping routes and oil flows.</p>



<p></p>



<p></p>
]]></content:encoded>
					
		
		
			</item>
	</channel>
</rss>
