OMAN

Is Trump failing to deliver peace in Ukraine and Gaza within his first 100 days? Check details
Donald Trump faces challenges in fulfilling his foreign policy promises. He aimed to resolve the Ukraine war and the Gaza conflict quickly. Talks with Russia and Ukraine show mixed results. A ceasefire in Gaza faltered. Trump seeks a nuclear deal with Iran. His team cites successes like deportations and hostage releases. Critics question his approach.

What caused the Iranian port blast that killed 40 and injured over 1000?
Iran's supreme leader Ayatollah Ali Khamenei ordered a thorough investigation Sunday into the causes of a major blast at a key southern port that killed at least 40 people and injured more than 1,000. "We will try to take care of the families who lost their loved ones, and we will definitely take care of the dear people who got injured," he said.

Oil edges up despite murky economic outlook, potential OPEC+ supply hike
Oil prices saw a slight increase in early trading. However, trade talk uncertainties between the U.S. and China continue to weigh on the market. The prospect of OPEC+ potentially increasing supply adds to the gloom. Conflicting signals from Donald Trump and Beijing regarding trade progress are also impacting the market.

Iran's Bandar Abbas port explosion death toll rises to 40
A massive explosion at Iran's Bandar Abbas port, a major container hub, has resulted in at least 40 fatalities and over 1,200 injuries. While the exact cause is under investigation, mishandling of chemicals is suspected, though the government denies claims of missile-related materials.

Major blast at South Iran port kills five
A massive explosion rocked Bandar Abbas, Iran's largest port. The incident occurred on Saturday. Chemical materials likely triggered the blast at Shahid Rajaee port. Sadly, at least five individuals died. Over 700 people sustained injuries. An investigation is underway, ordered by President Masoud Pezeshkian. The blast disrupted operations at the crucial container hub. The incident shattered windows kilometers away.

Iran, US hold new round of high-stakes nuclear talks
The US and Iran have commenced crucial nuclear deal negotiations in Oman, their third meeting in recent weeks, mediated by Omani Foreign Minister Badr Albusaidi. Discussions, led by US envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi, aim to prevent Iran from developing nuclear weapons in exchange for sanctions relief.
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Long, fraught timeline of tensions between Iran and the US as nuclear negotiators to meet again
Iran and the United States are set to meet in Oman for further discussions. The topic is Tehran's nuclear program. This meeting marks a key moment in their relationship. The talks will involve experts. They will focus on details crucial for any agreement. This round follows previous discussions in Oman and Rome.
Iran FM Araghchi in Oman ahead of nuclear talks with US
Iran's Foreign Minister Abbas Araghchi prepared for fresh nuclear talks with the United States in Oman on Friday after apparent progress in previous rounds. In an interview published by Time Magazine on Friday, Trump said the United States will "lead the pack" in attacking Iran if nuclear talks do not lead to a new deal.
Trump says will 'lead the pack' on Iran attack if no nuclear deal
Donald Trump indicated potential US military action against Iran if nuclear talks collapse. He expressed openness to meeting Iranian leaders. Trump mentioned he did not prevent Israel from a unilateral strike, preferring a deal. He suggested he might willingly engage if diplomacy fails. Talks are ongoing in Oman. Trump previously withdrew from the Obama-era nuclear agreement.
The NRIs will be India's bulwark against global turmoil
NRI remittances significantly bolster India's economy, acting as a crucial buffer against global volatility and trade deficits. Inflows reached a record $129.4 billion in 2024, with the US emerging as a major source alongside GCC countries. Factors like India's economic growth, stock market performance, improved living standards, and rupee depreciation are attracting increased NRI investment across various asset classes.
India, Saudi Arabia mull high-voltage connect at the bottom of Arabian Sea
India and Saudi Arabia are collaborating on a groundbreaking project to establish an electricity grid interconnection via undersea cables, potentially transforming India into a green energy exporter. This initiative aligns with PM Modi's OSOWOG vision for a global renewable energy grid, aiming to integrate diverse energy resources and enhance grid stability.
Uniqus Consultech raises $20 mn in Series C funding
Uniqus Consultech has secured $20 million in Series C funding from Nexus Venture Partners and Sorin Investments, doubling its valuation to $250 million just a year after its $100 million Series B round. The fast-growing consulting firm will use the funds to expand globally, develop AI-powered tools, and enter new service areas like valuation and diligence.
India likely to depute a former Vice Chief of Indian Navy as 1st Secy Gen of Colombo Security Conclave
India is set to appoint a former naval vice chief as the first secretary general of the Colombo Security Conclave (CSC) Secretariat in Colombo. This move aims to bolster the CSC, which has been instrumental in fostering stability in the Indian Ocean Region. The CSC, now including Mauritius, addresses transnational threats through five pillars of cooperation.
Iran, US conclude second round of high-stakes nuclear talks in Rome
In Rome, the US and Iran concluded a second round of Oman-mediated talks on Tehran's nuclear program, described by Iranian media as "constructive." Discussions focused on reviving the 2015 nuclear accord, though disagreements persist over uranium enrichment and sanctions. Despite skepticism, both sides hint at continued dialogue, while the US warns of potential military action if diplomacy fails.
India's pomegranate pact with US bears juicy fruits
India's pomegranate exports to the US are gaining momentum with the first commercial sea shipment of the Bhagwa variety reaching New York. This milestone, involving 4,620 boxes from Maharashtra, is part of efforts to boost Indo-US trade, aiming for $500 billion by 2030.
Iran, US to hold talks in Rome in bid to reach nuclear deal
Iran and the United States are set to resume nuclear talks in Rome, mediated by Oman, aiming to resolve their long-standing dispute over Tehran's nuclear ambitions. These indirect negotiations follow a previous round in Muscat, amid Trump's renewed threats of military action if diplomacy falters.
Iran wants guarantees Trump will not quit a new nuclear pact, Tehran official says
Iran has conveyed to the United States its willingness to accept certain limitations on uranium enrichment during recent talks, seeking firm guarantees that a future U.S. administration will not abandon the agreement. Scheduled for Rome, the second round of discussions follows positive initial negotiations in Oman.
Iran seeks Russia's support for its nuclear talks with US
Iran is seeking Russia's support for a potential agreement with the United States regarding its nuclear program, ahead of further discussions in Rome. Russia has expressed readiness to mediate and assist in the nuclear talks, emphasizing that any agreement should focus exclusively on nuclear issues.
Iran says nuclear deal is possible if Washington is realistic
Iran believes a nuclear agreement with the U.S. is achievable if Washington shows realism, according to Foreign Minister Araqchi. Following talks in Moscow, Araqchi noted the U.S.'s seriousness during initial discussions in Oman, with a second round planned in Rome. Russia has offered to mediate, while the U.S. insists it will prevent Iran from developing nuclear weapons.
IMEC could expand to include Oman, Egypt and Slovenia to advance strategic and economic interests
The India-Middle East-Europe Economic Corridor (IMEC) may expand to include Egypt, Oman, and Slovenia, enhancing strategic interests and regional economic integration. Experts at a conclave in New Delhi highlighted IMEC's potential to reduce logistics costs and shipping times, leveraging India's GATI SHAKTI initiative. IMEC aims to establish a resilient trade route, complementing the Suez Canal and Red Sea.
Iran's foreign minister Abbas Araqchi to visit India in May
Iranian Foreign Minister Abbas Araqchi is scheduled to visit India in early May to discuss enhancing collaboration on the Chabahar Port and the International North-South Transport Corridor. This visit, amid Iran's negotiations with the US on normalizing relations, aims to boost economic partnership, potentially expanding trade if US sanctions ease.
Emmanuel Macron to meet Marco Rubio, Steve Witkoff amid transatlantic tensions
Amidst rising transatlantic tensions over the Ukraine war, French President Emmanuel Macron is set to meet with US Secretary of State Marco Rubio and envoy Steve Witkoff. Discussions will center on ending the conflict, following Witkoff's recent meeting with Vladimir Putin.
US shifts its focus to curbing Tehran's nuclear programme
The US aims to curb Iran's missile capabilities and uranium enrichment, signaling a shift from demanding a complete nuclear program dismantling. Led by Steve Witkoff, the US delegation is engaging in nuclear talks with Iran in Muscat, mediated by Oman. Despite past tensions, Iran, under President Pezeshkian, is open to guarantees and verification, echoing the 2015 agreement.
Iran's Ayatollah Ali Khamenei neither 'overly optimistic nor pessimistic' about US nuclear talks
Supreme Leader Khamenei tempered rising expectations about nuclear talks with the U.S., stating he is neither overly optimistic nor pessimistic. Despite positive initial talks in Oman and a subsequent rial surge, Khamenei cautioned against linking Iran's fate to the outcome. He emphasized the need for clearly defined red lines, reflecting Tehran's wary approach given past experiences with Trump.
Tehran says next round of Iran-US nuclear talks talks in Oman after Rome named by officials
Negotiations between Iran and the United States regarding Iran's nuclear program faced uncertainty as the next round's location shifted between Rome and Oman. Despite conflicting reports, Iran insisted on Oman, while the U.S. remained silent.
Iranian foreign minister will consult on Iran-U.S. talks during visit to Russia
Iran's Foreign Minister Abbas Araqchi will visit Russia this week to discuss recent talks with the U.S. in Oman regarding Tehran's nuclear program. This follows "positive" discussions aimed at addressing the escalating nuclear issue. The visit coincides with planned consultations with UN nuclear watchdog chief Rafael Grossi.
Next round of US-Iran talks to be held in Rome: Diplomats
The United States and Iran will resume indirect talks on Tehran's nuclear programme in Rome on Saturday, according to Dutch Foreign Minister Caspar Veldkamp and diplomatic sources.
Trump says he expects to make a decision on Iran very quickly
President Trump stated he anticipates a swift decision regarding Iran, following "positive" discussions in Oman where both nations agreed to meet again this week. While threatening military action if a nuclear deal isn't reached, Trump met with advisors and expressed optimism about the Iran situation. A second round of nuclear talks is reportedly scheduled for next Saturday in Rome.
US Pentagon chief says military ready to ensure Iran never gets a nuclear bomb
US Defense Secretary has indicated that while the US prefers a diplomatic resolution to prevent Iran from developing nuclear weapons, military action remains an option. Indirect talks between US and Iranian diplomats have commenced in Oman to address concerns regarding Iran's nuclear program.
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