When the Strait of Hormuz tightens, many are bracing for $200 a barrel of oil. More than three months have passed, and the nightmare scene still has not appeared.The disruption removed more than 10 million barrels per day of Middle Eastern supply from the market, prompting warnings of crude prices surging to $200 a barrel. … Read more
TEHRAN: Iran’s chief negotiator Mohammad Bagher Ghalibaf said on Sunday that Tehran would not agree to any deal with the United States that failed to guarantee the rights of Iranians.“We will not ratify any deal until we are sure that the rights of the Iranian people are upheld,” Ghalibaf said in a video broadcast on … Read more
The U.S. government announced new sanctions on Iran, targeting the country’s newly created agency tasked with overseeing shipping in the Strait of Hormuz, as Washington continues to increase pressure in the ongoing war. On Wednesday (local time), US forces carried out attacks on Iranian military installations after downing an Iranian attack drone.The latest sanctions target … Read more
President of the United States Donald Trump Iran will hold a rare cabinet meeting at Camp David on Wednesday amid tensions over ongoing Iran peace talks. Trump’s entire Cabinet is expected to attend the meeting at the presidential resort in Maryland. (AFP) According to the Independent, the high-level gathering took place just after Trump concluded … Read more
A senior adviser to Iran’s Supreme Leader Ayatollah Ali Khamenei has claimed that Tehran has the legal right to regulate the Strait of Hormuz, one of the world’s most strategic oil shipping routes, as nuclear talks between Iran and the United States enter a critical stage.Mohsen Rezaei, the former commander of Iran’s Islamic Revolutionary Guard … Read more
Iran has agreed in principle to give up its stockpile of highly enriched uranium as part of a proposed deal with the United States aimed at ending the ongoing conflict and reopening the Strait of Hormuz, The New York Times reported.The report quoted two U.S. officials as saying that Tehran has made a general commitment … Read more
The United States and Iran are moving toward extending their fragile ceasefire for another 60 days, with mediators working on an interim deal that could lay the framework for broader talks on Tehran’s nuclear program and regional security, the Financial Times reported. People familiar with the negotiations told the newspaper that the proposed deal includes … Read more
Iran said on Wednesday it was reviewing the latest U.S. proposal it has received from mediator Pakistan in talks to end the Middle East war, despite threats from both sides to resume attacks. Iran is reviewing U.S. proposals, as Trump says in ‘final stages’ of talks Earlier, US President Donald Trump told reporters that Washington … Read more
Pakistan sends new Iran peace proposal to US (Image: ANI) Iranian media says U.S. offers temporary exemption from oil restrictionsIran has made a new peace offer to the United States with terms that appear to be similar to those previously rejected by Washington, although senior Iranian officials told Reuters on Monday that the United States … Read more
File photo: U.S. President Donald Trump President of the United States Donald Trump Returning from China on Friday, top aides, facing mounting pressure over the war with Iran, are preparing options for new military action against Tehran if diplomacy fails.Pentagon officials have drafted plans for possible resumption of strikes in new military operations after suspending … Read more