Oil prices fall as Iran vows retaliation over U.S. sanctions
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concer...
"Change is coming to Iran" according to U.S. Senator Lindsey Graham during an interview with Fox News on Tuesday (6 January). He warned Iran that "if you keep killing your people for wanting a better life, Donald Trump is going to kill you."
Graham made the comments to the broadcaster following nationwide protests and ongoing clashes between Iranian forces and protesters in the country.
The Human Rights Activist News Agency (HRANA) reported that at least 36 people have been killed during the last 10 days of demonstrations across Iran.
HRANA says more than 2,000 protesters have been arrested across 31 provinces after the unrest was sparked by an economic crisis in the country.
The protests began on 28 December, when business owners took to the streets in Tehran to express their anger at the fall of the Iranian rial against the U.S. dollar.
Since then, more demonstrators have taken to the streets and have been heard chanting anti-government slogans.
Footage from Iran have shown protesters setting fire to a council building in Karaj and burning the flag of the Islamic Republic of Iran.
Security forces have been reported to be using tear gas to disperse the demonstrators, while some reports suggest rubber bullets and live ammunition have been used.
Iran's Supreme Leader Ayatollah Ali Khamenei on 3 January vowed not to yield after U.S. President Donald Trump threatened to come to the aid of protesters on 2 January if Iranian forces killed peaceful protesters.
Speaking in a recorded appearance on television on Saturday, Khamenei said the Islamic Republic "will not yield to the enemy" and said rioters should be "put in their place."
Trump then warned Iran on 4 January of a strong response if security forces escalate violence against protesters in the Middle Eastern nation.
“We’re watching it very closely. If they start killing people like they have in the past, I think they’re going to get hit very hard by the United States,” Trump told reporters when asked about the unrest in Iran.
U.S. Senator Lindsey Graham described the Iranian government on Fox News as a “Nazi regime” and ensured the people of Iran that “help is on the way.”
Earlier this week, he also went on Fox News wearing a “Make Iran Great Again” cap.
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concerns over potential disruption to regional oil supplies.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
Pakistan is stepping up efforts to protect its trade and energy supplies as the Iran war disrupts shipping through the Persian Gulf, driving up freight costs and putting pressure on key export routes.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Canada has announced nearly $20 billion in retaliatory tariffs on U.S. goods and billions in support for workers and businesses, escalating its trade dispute with Washington after President Donald Trump's latest duties took effect.
Pakistani exporters are facing soaring shipping costs to the U.S., with freight rates more than tripling on some routes as the Iran-U.S. conflict drives up war-risk insurance and fuel costs.
The trial of a Libyan man accused of building the bomb that destroyed Pan Am Flight 103 over the Scottish town of Lockerbie in 1988, killing 270 people, has been postponed by a U.S. federal judge.
France and Saudi Arabia have agreed on plans for a $7 billion manga-themed amusement complex near Paris, inspired by the hugely popular Japanese franchise Dragon Ball Z.
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