Oil prices resumed their push higher Tuesday as several countries pushed back against Donald Trump’s demand that they help secure the key Strait of Hormuz, while Iran continued to target crude-producing neighbours. The advances pared some of the previous day’s sharp losses that came after the head of the International Energy Agency (IEA) said more…
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Crude oil prices have soared past $100 a barrel amid a large-scale and unprovoked US-Israeli war on Iran. The international benchmark of Brent crude jumped more than 20 percent on Sunday, and at one point hit $115 as concerns increased over prolonged disruptions to global energy supplies. The benchmark was being traded at around $107.50…
President Donald Trump said on Monday any country that does business with Iran will face a tariff rate of 25% on trade with the US, as Washington weighs a response to the situation in Iran, which is seeing its biggest anti-government protests in years. “Effective immediately, any country doing business with the Islamic Republic of…
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US President Donald Trump said on Thursday that Iran has requested the lifting of heavy US sanctions, adding that he is open to discussing the possibility. “Frankly, Iran has been asking if the sanctions could be lifted. They’re facing very heavy US sanctions, which makes it really hard,” Trump said during a dinner with Central…
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Iran’s senior security official has stated that Tehran will terminate its cooperation with the International Atomic Energy Agency (IAEA) and cease participation in international weapons inspections if the ‘snapback’ mechanism is enforced and United Nations sanctions are re-imposed. Secretary of Iran’s Supreme National Security Council (SNSC) Ali Larijani made the remark in a September 22…
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Israeli strikes on Yemen’s capital, Sanaa, on Sunday killed at least six people, according to Iran-backed Huthi rebels, who have repeatedly launched missiles and drones at Israel throughout the Gaza conflict. AFP images showed a massive fireball lighting up the skies over the rebel-held capital, leaving a column of thick, black smoke. The Huthi-run Saba…
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Iran’s President Masoud Pezeshkian has given a final approval to a law to suspend cooperation with the International Atomic Energy Agency (IAEA) following its politically-motivated resolution which paved the way for US-Israeli acts of aggression against the country. Pezeshkian on Wednesday officially communicated the law mandating the government to suspend cooperation with the IAEA, approved…
Israeli Prime Minister Benjamin Netanyahu congratulated Donald Trump on Sunday after the president said the US military bombed three nuclear sites in Iran. “Congratulations President Trump. Your bold decision to target Iran’s nuclear facilities with the awesome and righteous might of the United States will change history,” Netanyahu said in a video message, adding that…
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This representative image shows a nuclear facility in Israel. — AFP/File Iran’s minister terms Israeli documents “treasure trove”. Says documents include details on Israel’s nuclear sites. No immediate Israeli response to Iran’s claim. DUBAI: Sensitive Israeli documents obtained by Tehran should be unveiled soon, Minister of Intelligence Esmail Khatib told state TV on Sunday, describing…
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An assailant has opened fire near the Supreme Court headquarters in the Iranian capital, Tehran, killing at least two judges. Two Supreme Court judges were shot dead in Tehran on Saturday and another judge was wounded, the judiciary’s Mizan news website reported. In a statement, the Judiciary’s media office identified the victims as Hojjatoleslam Ali…
