Browsing: USIran

The war between the United States, Israel and Iran has entered a critical juncture, with uncertainty about the future of the conflict leaving international markets and regional stability hanging in the balance

CAIRO –U.S. President Donald Trump said a deal to reopen the Strait of Hormuz could come as early as Wednesday, as Iran and Oman inched toward an agreement on the critical waterway that could ease pressure on the global economy and potentially help bring an end to the war

• Hormuz deal: A senior Gulf official said there is a “50-50” chance Iran and Oman will reach a deal on the Strait of Hormuz by Friday. However, Iran’s deputy foreign minister cautioned that such an agreement — while close — would still not automatically open the waterway. Iran has also denied talking with the…

• US attacks canceled: US President Donald Trump announced he is canceling planned attacks on Iran, citing progress in talks. He said the pause is contingent on “being able to rapidly make a DEAL,” comments that come a day after US officials said new strikes could take place as soon as this weekend

• Strikes called off: US President Donald Trump announced he is canceling a planned attack on Iran, citing progress in talks. He said the pause is contingent on “being able to rapidly make a DEAL.” Earlier, Saudi Arabia’s Prince Mohammed bin Salman raised concerns about plans for potential strikes on Iran, people familiar with the…

• Maritime alliance:The Saudi defense ministry said Thursday that 14 countries have backed the kingdom’s proposal to establish a “Maritime Defense Alliance” to protect international shipping routes and global trade

The State Department on Wednesday announced new sanctions on several entities that it alleges are involved in a scheme to extract fees from ships transiting the Strait of Hormuz

The stop-start fighting between the United States and Iran appears to have entered a new phase as Saudi Arabia has publicly joined military escalations against Tehran-backed proxies

Saudi Arabia’s Foreign Ministry said Wednesday the joint strikes carried out alongside U.S. forces against Iran-backed groups in Iraq were lawful self-defense

Oil prices extended their losses Tuesday after a pause in fighting between the U.S. and Iran held, raising hopes for a de-escalation in the Middle East conflict that has upended energy supplies.