Threatens to deepen the energy crisis roiling the global economy
West Asia had emerged as a vital source of growth for many upscale brands as sales of luxury goods have slowed in Europe and Asia in recent years
The report further added that no decision "as long as there is a naval blockade"
He further added, "...We don't want this war. We want peace, and we hope that the other side will also pursue peace so that we can have a peaceful region"
At least two vessels reported being hit by gunfire as they attempted to cross the strait, the sources said
Iranian Deputy Foreign Minister Saeed Khatibzadeh dismissed claims from US President Donald Trump over the uranium and sounded a note of caution with regard to future talks between the two countries. Speaking to the Associated Press in the Turkish city of Antalya, Khatibzadeh said the Iranians were not ready for a new round of face-to-face talks with the US because the Americans "have not abandoned their maximalist position." On Friday, Trump said the US will go into Iran and "get all the nuclear dust," referring to the 970 pounds (440 kilograms) of enriched uranium believed to be buried under nuclear sites badly damaged by US military strikes last year.
Iran swiftly reversed course on reopening the Strait of Hormuz, reimposing restrictions on the critical waterway on Saturday after the US said the move would not end its blockade. The country's joint military command said on Saturday that it "control of the Strait of Hormuz has returned to its previous state ... under strict management and control of the armed forces." It warned that it would continue to block transit through the strait as long as the US blockade of Iranian ports remained in effect. The announcement came the morning after US President Donald Trump said the American blockade "will remain in full force" until Tehran reaches a deal with the US, including on its nuclear programme.
Spokesman for Iran's National Security Committee, Ebrahim Rezaei stated that vessels would only be allowed to pass through Hormuz in coordination with Iranian authorities
American objectives are unmet. They neither have the muscle nor motivation to resume the war. As for Iran, the regime hasn't just survived, it's now led by more radical individuals
With the elections nearing, domestic political pressure could be weighing on the president to end the hostilities
People took part in an anti-US and anti-Israel rally at Enghelab Square amid a ceasefire between the US and Iran, in Tehran
Iran says that the Strait of Hormuz was open to all commercial vessels during a 10-day Lebanon ceasefire accord
The announcement's impact was almost immediately reflected in global crude prices, which crashed by almost 9%
The head of the UN's nuclear watchdog said Wednesday that "very detailed" measures to verify Iran's nuclear activities must be included in a potential US-Iran agreement to end their war in the Middle East. International Atomic Energy Agency (IAEA) Director General Rafael Grossi stressed the need for the thorough verification regime for Iran's nuclear programme, as US President Donald Trump said Tuesday that a second round of talks with Iran could happen over the next two days. The Trump administration has said that preventing Iran from gaining a nuclear weapon is a key war aim. Iran has previously said it isn't developing such weapons but rejected limits on its nuclear programme. Last weekend in Pakistan, an initial round of talks between the two countries failed to produce an agreement. The White House said Iran's nuclear ambitions were a central sticking point. But an Iranian diplomatic official, speaking on the condition of anonymity because of the sensitivity of the closed-door
The TEE-01B satellite, built and launched by Chinese company Earth Eye Co, was acquired by the Islamic Revolutionary Guard Corps Aerospace Force in late 2024, according to a report
Over 230 sailors of two Iranian Naval vessels distressed in Sri Lanka after a US submarine attack and engine failure respectively have been repatriated, defence officials said here Wednesday. A total of 238 sailors were sent back on board a Turkish Airliner late on Tuesday night. On March 4, Iran's naval ship 'Iris Dena' was attacked by the US killing 84 on board outside Sri Lanka's international waters. As many as 32 others were rescued by Sri Lanka. Then three days later, Iran's second ship 'Iris Bushehr' was allowed into Sri Lanka waters after it reported an engine failure. Over 200 on board the second ship were accommodated at Welisara, a Naval facility outside Colombo. The 238 repatriated on Tuesday were sailors from both ships, defence officials said. A group of 'Iris Dena' survivors were accommodated at Koggala, a Sri Lankan Airforce facility near the southern port of Galle. They were receiving treatment at the national hospital in Galle. On March 14, the Iranian embassy i
The war has damaged Gulf energy infrastructure and disrupted oil and gas supplies beyond the region, rattling markets and triggering fears of a global inflation crisis
Trump's special envoy Steve Witkoff and his son-in-law Jared Kushner, who have headed diplomatic talks since before the war began, are also expected to attend any possible second meeting
Hours after ceasefire talks between the US and Iran failed to make progress, US President Donald Trump announced a naval blockade in the Strait of Hormuz.
Pezeshkian asserted that the enemies' objective of destabilising Iran had failed, as the Iranian people demonstrated significant resistance and perseverance