live 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...
Iranian Deputy Foreign Minister for Political Affairs Majid Takht-e-Ravanchi briefed Parliament on the first round of indirect negotiations between Tehran and Washington, held in Oman on Saturday. He stated that the next round of talks will take place in Europe.
He noted that Oman will continue to serve as a mediator in the Iran–U.S. talks, which were "limited to nuclear and sanctions-related issues."
According to Takht-e-Ravanchi, the U.S. side stated that it was serious about the negotiations and had no intention of pursuing war. Washington also expressed its readiness to address Iran’s concerns, showed willingness to invest in Iran, and reiterated its commitment to resolving the outstanding issues.
On the outcomes of the meeting in Oman, both the Iranians and the Americans described the negotiations as positive and constructive.
Rafael Grossi, Director-General of the International Atomic Energy Agency (IAEA), has announced that he will visit Tehran soon.
“Continued engagement and cooperation with the Agency are essential at a time when diplomatic solutions are urgently needed,” Grossi wrote on X (formerly Twitter) on Monday. He also noted that he had received the credentials of Iran’s new Ambassador to the IAEA, Reza Najafi.
Meanwhile, Deputy Foreign Minister Kazem Gharibabadi stated on Sunday that Grossi is expected to arrive in Tehran on Wednesday.
Iran on Saturday denounced U.S. plans to announce new sanctions that could put further strain on the Islamic Republic's economy and have an impact on its most important trading partners including China.
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.
A newly created pro-government political party has secured a commanding victory in Kazakhstan's snap parliamentary election, according to exit polls, strengthening President Kassym-Jomart Tokayev's influence at a pivotal moment in the country's political transition.
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.
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.
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.
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.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 25th of August, covering the latest developments.
The United States has formally removed Syria from its list of state sponsors of terrorism, ending a designation that had been in place for nearly five decades and marking a major step in Washington's efforts to rebuild relations with the country's new leadership.
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