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SOCAR has completed the acquisition of a 99.82% stake in Italiana Petroli (IP) from API Holding after receiving all r...
France, Germany and Britain have warned they are prepared to reinstate United Nations sanctions on Iran if it does not return to negotiations over its nuclear programme, according to a letter sent to the U.N. on Tuesday.
The foreign ministers of the so-called E3 group raised the prospect of invoking the “snapback” mechanism unless Tehran engages before the end of August, according to a letter shared by the French foreign ministry, confirming details first reported by the Financial Times and Le Monde.
“We have made it clear that if Iran is not willing to reach a diplomatic solution before the end of August 2025, or does not seize the opportunity of an extension, E3 are prepared to trigger the snapback mechanism,” the ministers wrote.
The letter added that the E3 had offered a limited extension to allow for direct negotiations between the United States and Iran, but said Tehran had so far left the proposal unanswered.
The three European powers, alongside China and Russia, remain parties to the 2015 nuclear agreement that lifted sanctions on Iran in exchange for curbs on its nuclear activity. The United States withdrew from the accord in 2018.
The letter described last month’s meeting in Istanbul with Iranian officials as “serious, frank and detailed”, the first face-to-face talks since Israeli and U.S. strikes on Iran’s nuclear sites in June.
Iranian lawmaker Manouchehr Mottaki, who served as foreign minister from 2005 to 2010, said parliament “has its finger on the trigger” to withdraw from the nuclear Non-Proliferation Treaty (NPT) if sanctions are reimposed through the snapback process.
Speaking to Iran’s semi-official Defa Press, Mottaki said lawmakers would approve a bill to leave the 2015 deal within 24 hours of such a move.
Tehran previously signalled during its 12-day conflict with Israel in June that it was preparing legislation to exit the NPT, which Iran ratified in 1970. The treaty allows states to pursue civilian nuclear energy while renouncing nuclear weapons and cooperating with the U.N. International Atomic Energy Agency (IAEA).
The U.S military said it carried out retaliatory strikes on Iran on Thursday (7 May). Meanwhile, Iran's Joint Military Command accused the U.S. of breaching the ceasefire, by striking an Iranian oil tanker in the Strait of Hormuz and launching attacks on several Iranian cities.
The U.S. and Iran exchanged fire in and around the Strait of Hormuz, though both sides signalled they did not want escalation. The clashes come as Washington awaits Tehran’s response to a proposed deal to end the war while leaving key disputes, such as Iran’s nuclear programme, unresolved for now.
Singapore has isolated and is testing two of its residents who travelled aboard a cruise ship linked to a deadly hantavirus outbreak, the Communicable Diseases Agency (CDA) said on Thursday.
Efforts to end the U.S.-Iran war appeared to stall as the two sides exchanged fire in and around the Strait of Hormuz. A reported CIA assessment suggested Tehran could withstand a U.S. naval blockade for months despite mounting sanctions and renewed Gulf attacks.
Ukraine’s military said it struck a Russian Karakurt-class small missile carrier in the Caspian Sea near Russia’s Dagestan region on Thursday. The extent of the damage is still being assessed, according to Kyiv.
Somalia is facing a severe malnutrition crisis and urgently needs additional humanitarian funding to prevent conditions deteriorating further, the World Food Programme has warned.
British Prime Minister Keir Starmer vowed to carry on as leader on Friday (8 May) after his ruling Labour Party suffered heavy losses in local elections. Labour lost hundreds of councillors across the country, as some figures in the party said he should stand down.
Indonesian rescue teams have located two Singaporeans who went missing after Mount Dukono erupted on Friday (8 May) on the island of Halmahera, though authorities say it remains unclear whether they are alive.
Health authorities are monitoring a widening hantavirus alert after new suspected cases emerged in Spain and on a remote South Atlantic island, days after an outbreak on a cruise ship left three people dead and several others infected.
The U.S. Defense Department has released dozens of previously classified files on unidentified anomalous phenomena (UAP) on Friday (8 May), following an order from President Donald Trump. U.S. officials described as a push for “unprecedented transparency”.
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