No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, March 26, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

As Asim Munir pitches peace, Iran stops Pakistan’s cargo ship at Strait of Hormuz

by TheAdviserMagazine
24 hours ago
in Business
Reading Time: 4 mins read
A A
As Asim Munir pitches peace, Iran stops Pakistan’s cargo ship at Strait of Hormuz
Share on FacebookShare on TwitterShare on LInkedIn


Amid Pakistan’s offer to mediate between Iran, US and Israel to end the conflict in the Middle-East, a cargo ship headed for Karachi was forced to reverse course after Iran denied it passage through the Strait of Hormuz, citing lack of clearance and protocol violations. The move comes at a time when traffic through the crucial energy corridor has slowed sharply amid rising conflict in West Asia.

Pakistan ship stopped

According to a statement from the Iranian Embassy in Kabul, the container vessel SELEN failed to obtain mandatory approval before attempting to cross the strait. Iranian authorities said the ship did not follow established legal procedures required for transit.Also Read: Madhavan breaks silence on Dhurandhar 2 ‘Gurbani’ scene controversy, says Aditya Dhar gave clear instructions“The container ship SELEN was turned back by the IRGC Navy due to failure to comply with legal protocols and lack of permission to pass through the #Hormuz Strait”, the statement read.

— alirezatangsiri (@alirezatangsiri)

“The passage of any vessel through this waterway requires full coordination with the maritime authority of the Islamic Republic of Iran”, it said.

Live Events

Officials from the Islamic Revolutionary Guard Corps Navy later confirmed the action, reiterating that all vessels must secure prior clearance.Rear Admiral Alireza Tangsiri said the ship was turned back for not obtaining permission to pass through the strait, adding the vessels must now coordinate transit with Iranian maritime authorities.

Pakistan offers to mediate in Iran-Israel-US war

Pakistan has recently stepped forward with an offer to mediate between Iran, the United States and Israel as tensions escalate in West Asia. Prime Minister Shehbaz Sharif publicly said Islamabad would be “ready and honoured” to host peace talks if all sides agree, positioning the country as a neutral venue for dialogue. The proposal gained traction after Donald Trump amplified the offer on social media, signalling openness to third-party facilitation. While Iran has denied any direct negotiations with Washington, it has acknowledged that “friendly states” — including Pakistan — are passing messages between the sides, indicating backchannel diplomacy is underway even as formal talks remain uncertain.

US President held talks with Pakistan’s Army Chief Asim Munir

US President Donald Trump held a conversation earlier this week with Pakistan’s army chief Asim Munir, as Islamabad steps up efforts to present itself as a mediator in the ongoing tensions involving the US, Israel and Iran. Separately, Prime Minister Shehbaz Sharif spoke with Iranian President Masoud Pezeshkian on Monday, according to officials aware of the developments.

These diplomatic contacts came around the same time Trump announced a five-day pause on his threat to target Iran’s power plants. He described his recent engagement with Tehran as “very good and productive” and suggested it could help bring the conflict to an end.

However, the White House made it clear that there are no formal negotiations at this stage and cautioned against reading too much into the developments. “These are sensitive diplomatic discussions and the United States will not negotiate through the news media,” it said.

Trump’s posts on Truth Social briefly pulled down global oil prices, though it remains uncertain whether Pakistan’s outreach played any direct role in that movement. Experts say the lack of concrete progress and continued tensions are keeping markets and the region unsettled.

Pakistan pitches Islamabad as talks venue

According to two officials familiar with the matter, Pakistan has предложed Islamabad as a possible location for high-level talks. The proposed discussions could involve senior US officials such as Vice President JD Vance, along with Trump’s envoys Steve Witkoff and Jared Kushner, and representatives from Iran.

In its official statement after the Sharif-Pezeshkian call, Pakistan said the prime minister briefed the Iranian side on Islamabad’s diplomatic outreach and reiterated its willingness to support peace efforts. “While sharing with the Iranian President the diplomatic outreach efforts of Pakistan’s leadership, the prime minister assured the Iranian leadership that Pakistan would continue to play a constructive role in facilitating peace,” the statement said.

Why the Strait of Hormuz matters now

The Strait of Hormuz remains one of the world’s most sensitive maritime routes, handling nearly 20% of global oil and gas shipments. Any disruption here tends to ripple across energy markets and shipping lanes worldwide.

The latest intervention signals tighter control by Tehran as regional tensions escalate following recent military exchanges involving the United States and Israel.

$2 million transit fee plan raises stakes

Iran has also indicated that some ships may now face a transit fee of up to $2 million while crossing the strait, in what officials describe as a new assertion of sovereignty.

Iranian lawmaker Alaeddin Boroujerdi said the move reflects a shift in how the country manages the waterway.

“Collecting $2 million as transit fees from some vessels crossing the strait reflects Iran’s strength,” Boroujerdi said.

“Now, because war has costs, naturally we must do this and take transit fees from ships passing through the Strait of Hormuz,” he added.

Political ripple in India

The development quickly drew reactions in India’s political circles. Amit Malviya criticised narratives around Pakistan’s diplomatic positioning.

“So much for the ‘Pakistan is brokering peace’ narrative peddled by the usual suspects in India,” he wrote on X.

“Iran has reportedly turned back a vessel bound for Karachi after it failed to secure approval to pass through the Strait of Hormuz”, he added.

‘Open to all except adversaries’

Earlier, Iran’s President Masoud Pezeshkian signalled a conditional openness on access to the strait.

“The illusion of erasing Iran from the map shows desperation against the will of a history-making nation. Threats and terror only strengthen our unity. The Strait of Hormuz is open to all except those who violate our soil. We firmly confront delirious threats on the battlefield,” he wrote in a post on ‘X’.



Source link

Tags: AsimcargoHormuzIranMunirPakistansPeacepitchesshipstopsStrait
ShareTweetShare
Previous Post

Steep Health Care Costs Steer Americans to Tough Decisions

Next Post

Why Adam Smith Embraced Commercial Society: The Wealth of Nations, Book 3

Related Posts

edit post
ETMarkets Smart Talk| Healthcare, infra, financials look attractive after recent market fall: Sachin Bajaj, CIO, Axis Max Life Insurance

ETMarkets Smart Talk| Healthcare, infra, financials look attractive after recent market fall: Sachin Bajaj, CIO, Axis Max Life Insurance

by TheAdviserMagazine
March 25, 2026
0

Amid heightened volatility driven by geopolitical tensions and a sharp rise in crude oil prices, markets have seen a broad-based...

edit post
Shri Ram Navami 2026: Are commodity markets MCX and NCDEX open today? Check 2026 holiday list

Shri Ram Navami 2026: Are commodity markets MCX and NCDEX open today? Check 2026 holiday list

by TheAdviserMagazine
March 25, 2026
0

India's largest commodity exchange, the Multi Commodity Exchange of India (MCX) will remain shut for trading today in the first...

edit post
The White House snubs Elon Musk’s offer to cover TSA salaries as airport miseries hit record levels

The White House snubs Elon Musk’s offer to cover TSA salaries as airport miseries hit record levels

by TheAdviserMagazine
March 25, 2026
0

The White House has rejected an offer from Elon Musk to personally fund TSA workers’ salaries during the partial government...

edit post
Two private school boys get probation for using AI to create 350 fake nudes of their classmates

Two private school boys get probation for using AI to create 350 fake nudes of their classmates

by TheAdviserMagazine
March 25, 2026
0

Two teenage boys who used artificial intelligence to create fake nude photos of their classmates at a tony private school...

edit post
It’s time for slavery reparations, ‘the gravest crime against humanity,’ UN General Assembly says

It’s time for slavery reparations, ‘the gravest crime against humanity,’ UN General Assembly says

by TheAdviserMagazine
March 25, 2026
0

The U.N. General Assembly on Wednesday adopted a resolution declaring the trafficking of enslaved Africans “the gravest crime against humanity”...

edit post
India gathers data to counter US claims of excess capacity

India gathers data to counter US claims of excess capacity

by TheAdviserMagazine
March 25, 2026
0

New Delhi: India has begun compiling granular industry data after the US sought consultations under a Section 301 probe into...

Next Post
edit post
Why Adam Smith Embraced Commercial Society: The Wealth of Nations, Book 3

Why Adam Smith Embraced Commercial Society: The Wealth of Nations, Book 3

edit post
Why Adam Smith Embraced Commercial Society: The Wealth of Nations, Book 3 at Econlib

Why Adam Smith Embraced Commercial Society: The Wealth of Nations, Book 3 at Econlib

  • Trending
  • Comments
  • Latest
edit post
Massachusetts loses billions in income after millionaire tax

Massachusetts loses billions in income after millionaire tax

March 24, 2026
edit post
Publix to Open 5 New Stores by End of April. See Upcoming Locations.

Publix to Open 5 New Stores by End of April. See Upcoming Locations.

March 20, 2026
edit post
The Growing Movement to End Property Taxes Continues in Kentucky, And What It Means For Investors

The Growing Movement to End Property Taxes Continues in Kentucky, And What It Means For Investors

March 2, 2026
edit post
Who Is Legally Next of Kin in North Carolina?

Who Is Legally Next of Kin in North Carolina?

February 28, 2026
edit post
Foreclosure Starts are Up 19%—These Counties are Seeing the Highest Distress

Foreclosure Starts are Up 19%—These Counties are Seeing the Highest Distress

February 24, 2026
edit post
Georgia’s 0 Tax Rebate Is Moving Forward — Here’s When You Can Expect Your 2026 Check

Georgia’s $250 Tax Rebate Is Moving Forward — Here’s When You Can Expect Your 2026 Check

March 21, 2026
edit post
ECB Warns Europe “Could Lose Monetary Sovereignty” to Dominant Stablecoins

ECB Warns Europe “Could Lose Monetary Sovereignty” to Dominant Stablecoins

0
edit post
The Military Draft Is Slavery

The Military Draft Is Slavery

0
edit post
Borrowing options for small loans

Borrowing options for small loans

0
edit post
Form 4852 Explained: How to File Taxes Without a W-2 or 1099-R 

Form 4852 Explained: How to File Taxes Without a W-2 or 1099-R 

0
edit post
Trade homes, not cash: A new way to see the world

Trade homes, not cash: A new way to see the world

0
edit post
Salesforce CRM FY27 Strategy: Financial Analysis and Market Position

Salesforce CRM FY27 Strategy: Financial Analysis and Market Position

0
edit post
Dogecoin (DOGE) Stalls in Range, Bulls Fail to Seize Momentum

Dogecoin (DOGE) Stalls in Range, Bulls Fail to Seize Momentum

March 26, 2026
edit post
Seabed 2030 – The Globalist Project Beneath The Water

Seabed 2030 – The Globalist Project Beneath The Water

March 26, 2026
edit post
Trade homes, not cash: A new way to see the world

Trade homes, not cash: A new way to see the world

March 25, 2026
edit post
ETMarkets Smart Talk| Healthcare, infra, financials look attractive after recent market fall: Sachin Bajaj, CIO, Axis Max Life Insurance

ETMarkets Smart Talk| Healthcare, infra, financials look attractive after recent market fall: Sachin Bajaj, CIO, Axis Max Life Insurance

March 25, 2026
edit post
Bitcoin Mining Margins Tighten as AI Pivot Accelerates, Coinshares Says – Mining Bitcoin News

Bitcoin Mining Margins Tighten as AI Pivot Accelerates, Coinshares Says – Mining Bitcoin News

March 25, 2026
edit post
Kinder Joy Eggs, 15 count only .27 shipped!

Kinder Joy Eggs, 15 count only $13.27 shipped!

March 25, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Dogecoin (DOGE) Stalls in Range, Bulls Fail to Seize Momentum
  • Seabed 2030 – The Globalist Project Beneath The Water
  • Trade homes, not cash: A new way to see the world
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.