Iran to ban oil exports from region if war resumes

Iran to ban oil exports from region if war resumes

Iran will block oil from leaving the region if the war with the United States restarts and Tehran’s exports are endangered, Iran’s Armed Forces Spokesperson Brigadier General Abolfazl Shekarchi said in an interview with Al-Jazeera on Monday. The spokesman warned that Iran’s response to any new attacks will be more severe. He added that the …

Iran and US play down hopes for imminent breakthrough in war

Iran and US play down hopes for imminent breakthrough in war

Talks hinge on Strait of Hormuz, nuclear issues, and release of frozen Iranian funds Iranian foreign ministry spokesperson says US-Iran agreement not imminent US officials say Iran agreed in principle to open strait, dispose of enriched uranium Oil prices fall as optimism grows for US-Iran deal, but energy crisis persists Iran and the United ​States …

Trump: US won’t rush Iran deal, talks constructive

Trump: US won’t rush Iran deal, talks constructive

US President Donald Trump said on Sunday that negotiations with Iran are moving forward in an “orderly and constructive manner,” while stressing that Washington will not rush into an agreement. In a post on Truth Social, Trump said he had instructed US representatives involved in the negotiations to take their time and “not to rush” …

US said to be readying for new Iran strikes

US said to be readying for new Iran strikes

United States military and intelligence officials prepared contingency measures for potential strikes on Iran while indirect negotiations between the two countries continued, CBS News reported, citing sources with direct knowledge of the planning.Personnel lists were updated and troop rotations adjusted at bases across the Middle East in anticipation of possible escalation. Meanwhile, some US service …

Rubio: Iran progress shouldn’t be exaggerated

Rubio: Iran progress shouldn’t be exaggerated

United States Secretary of State Marco Rubio remarked on Friday that there has been “slight” progress in his country’s negotiations with Iran, but stressed that he does not want to “exaggerate” it. Speaking to the press ahead of the meeting of the North Atlantic Treaty Organization’s (NATO) foreign ministers in Helsingborg, Rubio noted that the …

US raises pressure on Cuba with indictment of former leader as island’s president condemns charges

US raises pressure on Cuba with indictment of former leader as island’s president condemns charges

  MIAMI (AP) — Federal prosecutors on Wednesday announced criminal charges against former Cuban President Raúl Castro in the 1996 downing of civilian planes flown by Miami-based exiles as the Trump administration escalated pressure on the island’s socialist government. The indictment accuses Castro of ordering the shootdown of two small planes operated by the exile group Brothers to the Rescue. …

StanChart Says Record SPR Withdrawals Are Tightening U.S. Oil Buffers

StanChart Says Record SPR Withdrawals Are Tightening U.S. Oil Buffers

The IEA and its 32 member countries launched a record 400-million-barrel emergency oil release after Iran’s Strait of Hormuz blockade. The U.S. is contributing 172 million barrels, and SPR inventories are now falling at a record pace. Standard Chartered warns the rapid SPR drawdowns and other emergency measures are only temporary fixes, with physical oil …