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    Home»World News»Iran Urges UN Action on Lebanon as Oil Prices Rise on Supply Fears
    World News

    Iran Urges UN Action on Lebanon as Oil Prices Rise on Supply Fears

    EchoAsiaNewsBy EchoAsiaNewsApril 29, 2026No Comments2 Mins Read
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    Iran has called on the United Nations Security Council to take decisive action against Israel over ongoing strikes in Lebanon, while global oil markets continued to climb amid reports of extended US pressure on Iranian shipping routes.

    Iran’s ambassador to the UN, Amir Saeid Iravani, urged the Security Council to compel Israel to fully comply with the ceasefire in Lebanon. He called for an immediate halt to attacks on civilian areas and infrastructure, as well as the withdrawal of what he described as occupying forces from Lebanese territory.

    The appeal comes amid continued regional tensions involving Lebanon and broader Middle East flashpoints, with diplomatic pressure mounting at the United Nations over compliance with ceasefire arrangements and civilian protections.

    Separately, oil prices extended gains for an eighth consecutive session, driven by concerns over prolonged supply disruptions in the Middle East. Brent crude rose to $111.78 a barrel, while US West Texas Intermediate (WTI) climbed to $100.50 a barrel, according to market data cited by Reuters.

    Market analysts linked the rally to reports that the United States may extend restrictions on Iranian port access, tightening global supply flows from one of the world’s key oil-producing regions. The continued disruption of shipping routes, including the Strait of Hormuz, has added further pressure on energy markets.

    Analysts warned that an extended blockade scenario could deepen supply constraints and push prices higher, as markets already react to reduced export capacity and heightened geopolitical risk in the region.

    The developments underscore growing economic sensitivity to Middle East tensions, with energy markets responding sharply to any signals of prolonged disruption in global oil supply chains.

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    Pakistan Moves to Accelerate Privatisation of Electricity Distribution Companies, PM Shehbaz Says

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