North Korean leader Kim Jong-un declared at a Central Military Commission meeting that enhancing nuclear capabilities is Pyongyang’s only path for the future, according to North Korea’s ruling party newspaper Rodong Sinmun. Kim emphasized that “continuously expanding and strengthening nuclear forces … and thoroughly exercising the status of a nuclear state is the most accurate …
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They also agreed on a mechanism to end fighting in Lebanon between U.S. ally Israel and Iran-aligned Hezbollah, and opened a communications line to help ensure safe passage for commercial ships through the strait, a vital global oil supply route. Sunday’s meeting followed an interim deal signed last week and stretched into the early hours …
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Technical talks between the United States and Iran on implementing the memorandum of understanding and creating related working groups began on Monday in Switzerland, Iran’s ISNA news agency reported. Iran’s Deputy Foreign Minister Kazem Gharibabadi led the country’s negotiating team, according to the report. High-level delegations from both countries held negotiations at the Buergenstock Resort near Lucerne, Switzerland, …
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The centre of the strait of Hormuz is blocked with about 80 mines that will need clearing for normal shipping to resume, the independent tanker owner trade body has said. Several vessels began to exit the Gulf through the key maritime chokepoint on Thursday after the signing of a memorandum of understanding (MoU) between the US and …
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DUBAI, United Arab Emirates (AP) — Iran dealt two quick blows to the interim agreement with the United States on Saturday, angered by Israel’s continued attacks in Lebanon, saying it had closed the Strait of Hormuz again and announcing that while its negotiators are going to Switzerland for talks, not much is likely to happen there. First, …
Iran is closing the Strait of Hormuz due to “the Zionist regime’s relentless and continuous violation of the ceasefire in southern Lebanon,” for which Tehran holds Washington responsible, Iranian Mehr News revealed on Saturday, citing a decision by the Iranian Khatam al-Anbiya Central Headquarters. Iran accused the US of “blatant breach of promise and breach …
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Iranian officials warned they may leave negotiations with the United States if Israel continues military operations in Lebanon, according to Saudi news channel Al-Hadath. The talks between Iran and the US were scheduled to begin in Switzerland but were delayed. Meanwhile, Pakistani Interior Minister Mohsin Naqvi traveled to Iran and is expected to meet Iranian Foreign Minister Abbas …
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The United States has informed Iran that Israel will not escalate its attacks in Lebanon any further in an attempt to reassure Tehran and bring it back to the negotiating table to discuss Iran’s nuclear program, CNN reported on Friday, citing a source familiar with the matter. “Hezbollah violated the ceasefire. Israel has agreed to …
Iran’s Islamic Revolutionary Guard Corps (IRGC) warned the United States on Friday against violations of the memorandum of understanding (MoU) between their countries, stressing that it stands “ready to impose a much greater historical defeat on them.” In an official statement, the IRGC insisted that the enemy, as it described the US, “has been defeated …
The uncertain pace of supply recovery in the Middle East and the continued rapid drawdowns of global inventories make the case that oil price volatility would drag on during the 60-day U.S.-Iran negotiation window, David Fyfe, Chief Economist at Argus Media, told CNBC on Thursday. As the U.S. and Iran formally signed an agreement to reopen …
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