Day three of the U.S.-Iran conflict: Further strikes and oil price surge
The U.S.-Iran crisis has entered its third day, with further strikes reported across the Middle East and the death toll rising. Oil prices have sur...
The United States and Saudi Arabia are making significant strides towards a preliminary agreement on civil nuclear cooperation, with both nations working to develop a framework that aligns with their energy goals and non-proliferation standards.
The United States and Saudi Arabia are progressing towards a preliminary agreement on civil nuclear cooperation, US Energy Secretary Chris Wright confirmed during a visit to Riyadh on Sunday. Speaking to reporters after meeting with Saudi Energy Minister Prince Abdulaziz bin Salman, Wright said both nations were on a “pathway” to a civil nuclear deal.
The agreement is expected to include a Section 123 accord, a legal framework under the US Atomic Energy Act that governs nuclear collaboration and aims to prevent nuclear proliferation. However, Riyadh has yet to agree to all the non-proliferation conditions required under the act, particularly those prohibiting uranium enrichment and reprocessing of spent fuel.
Saudi Arabia’s Crown Prince Mohammed bin Salman has previously indicated the kingdom would pursue nuclear weapons if Iran developed one, raising concerns among non-proliferation advocates.
Despite these challenges, Wright stressed that the US is committed to crafting an agreement that meets the objectives of both nations. Details of the memorandum outlining the broader energy partnership are expected later this year.
The civil nuclear plans form part of Saudi Arabia’s Vision 2030 strategy to diversify its energy mix and reduce emissions, with nuclear energy seen as a key element in achieving sustainability goals.
Follow the latest developments and global reaction after the U.S. and Israel launched “major combat operations” in Iran, prompting retaliation from Tehran.
Saudi Arabia’s state oil giant Saudi Aramco closed its Ras Tanura refinery on Monday following an Iranian drone strike, an industry source told Reuters as Tehran retaliated across the Gulf after a U.S.-Israeli attack on Iranian targets over the weekend.
The Kremlin is utilising the recent United States and Israeli military strikes on Iran to validate its ongoing war in Ukraine. Russian officials are pointing to the escalation in the Middle East as evidence that Western nations do not adhere to international rules.
The Middle East crisis intensifies after the deadly attack on Iran's Supreme Leader Ali Khamenei's compound on Saturday that killed him, other family members and senior figures. Iran has launched retaliatory strikes on U.S. targets in the region.
Ayatollah Alireza Arafi has moved into a pivotal constitutional role following the death of Supreme Leader Ayatollah Ali Khamenei, becoming the clerical member of Iran’s temporary leadership council under Article 111 of the Constitution of the Islamic Republic of Iran.
The U.S.-Iran crisis has entered its third day, with further strikes reported across the Middle East and the death toll rising. Oil prices have surged to levels last seen during the Covid-19 pandemic, raising fears of economic disruption and higher prices worldwide.
The UK said it's allowing the U.S. to use its bases for defensive strikes against Iran amid escalating missile attacks, after a suspected drone strike hit a British airbase in southern Cyprus, causing limited damage.
The Kremlin is utilising the recent United States and Israeli military strikes on Iran to validate its ongoing war in Ukraine. Russian officials are pointing to the escalation in the Middle East as evidence that Western nations do not adhere to international rules.
European Union stands with its member states in the face of any threat, EU Commission President Ursula von der Leyen said in response to the drone strike that hit Britain's Royal Air Force base of Akrotiri in southern Cyprus overnight.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 27th of February, covering the latest developments you need to know.
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