Region
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Iran, Oman say discussed Hormuz temporary corridor, mine-clearing
Iran and Oman’s foreign ministers on Tuesday said they discussed a framework for a temporary corridor through the Strait of Hormuz and a mine-clearing project in the waterway which both border. The two countries have sought to regulate transit through the Strait of Hormuz, as written in the US-Iran memorandum of understanding, after the waterway became a flashpoint in the Middle East…
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Analysis: Iraq may show how US can squeeze Iran’s trade partners
Iraq could serve as an example of how the United States could carry out its threat to force countries that continue trading with Iran out of the dollar-based financial system. Washington has already sanctioned a host of Iraqi banks accused of doing business with Tehran, though it has avoided measures that would devastate the economy of the strategic ally of…
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Commodity vessel transits through Strait of Hormuz hit three-month low, data shows
Just two tankers transited the key energy chokepoint of the Strait of Hormuz on Monday, for the lowest daily tally of commodity vessels since early May, with both entering the Gulf, shipping data showed. The figure was also well below the 10-day average of 14, with one very large gas carrier and one very large crude carrier entering the strait…
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Oil tanker struck by projectile off Oman: UKMTO
An oil tanker was struck and disabled by a projectile in the Strait of Hormuz off the coast of Oman, causing damage but no casualties, a British maritime agency said early Tuesday. “The Master of an oil tanker reports the vessel has been struck by an unknown projectile causing damage to the engine room and disabling the vessel,” with the…
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Oil hits one-week low as investors shrug off latest US sanctions on Iran
Oil prices fell to a one-week low on Tuesday as traders shrugged off the latest US sanctions threat against Iran, viewing economic pressure as posing less risk to oil supplies than a military escalation. Brent crude futures fell 35 cents, or 0.38 percent, to $91.82 a barrel by 0810 GMT, while US West Texas Intermediate crude was down 41 cents,…
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Saudi Arabia welcomes US decision to remove Syria from terror sponsor list
Saudi Arabia on Tuesday lauded the US decision to remove Syria from the List of State Sponsors of Terrorism. “The Ministry of Foreign Affairs expresses the Kingdom of Saudi Arabia’s welcome of the announcement by the United States of America confirming the decision to remove the Syrian Arab Republic from the list of State Sponsors of Terrorism,” a statement read.…
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Jordan hosts Syrian-Israeli meeting to reduce tensions
AMMAN — A Jordanian official source on Monday said that, at the request of Syria, Jordan hosted a meeting on Sunday between Syrian and Israeli officials to discuss de-escalation and achieving calm following last week’s Israeli bombardment of Syrian territory, which targeted the Abu Al-Duhur military airport in Idlib Governorate, and amid escalating tensions in southern Syria. The source reiterated…
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Lebanon arrests food influencer over drug-laced treats
Lebanon on Sunday arrested an online influencer known for his videos about food who had been handed a life sentence in absentia for drug trafficking, a judicial source told AFP. Georges Dib, known on TikTok as “Doctor Food” and followed by more than eight million accounts, was apprehended at his home in the far north governorate of Akkar, the source…
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Paris to host French-Saudi Investment Roundtable during MBS visit
Paris will host the French-Saudi Investment Roundtable meeting on Monday, as part of Saudi Crown Prince Mohammed bin Salman’s visit to the country, the Saudi Press Agency (SPA) reported on Sunday. The roundtable will bring together senior government officials, business leaders, and CEOs of major companies from both countries, and it will feature discussions on industrial partnerships, transportation and logistics,…
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Iran’s president says US MoU is best path out of stalled war
Iranian President Masoud Pezeshkian defended the Memorandum of Understanding with the US as the best way for the country to move beyond what he described as a situation of “neither war nor peace.” In a speech published by state-run IRNA early on Sunday, he said members of Iran’s Supreme National Security Council believed the memorandum represented the best possible agreement…
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