Beijing's expanding footprint in this oil-rich region has set the stage for a competition with Washington
"I don't have to," Trump said when asked whether he would seek congressional approval for more military action against Iran
Iran is the largest buyer of Indian basmati and shipments had stood at nearly $1.5 billion in 2018-19
The attack comes as the first Iranian response to the killing of General Qassem Soleimani by American forces last week.
"Anyone who attacks us will receive a resounding blow," the premier told a Jerusalem conference after Iran launched a salvo retaliatory missile strikes on bases used by US troops in Iraq
The killing last week in a US strike in Baghdad of top Iranian commander Qasem Soleimani has touched off a bloody cycle of tit-for-tat violence between the two foes
Biden says Trump used a 'haphazard' decision-making process to order the killing of Iranian Gen Qassem Soleimani
The West Qurna-1 oilfield is jointly developed by CNPC and Exxon Mobil, with the US major as the operator
US aviation regulator FAA has also asked all US airlines to stop operating in the airspace over Iraq, Iran, and the waters of the Persian Gulf and the Gulf of Oman
Iran's attack came in retaliation for a US drone strike on an Iranian commander whose killing has raised fears of a war in the Middle East
Tensions between Iran and the United States have been steadily escalating for months. After a US strike killed a top Iranian commander last week and Iran launched retaliation strikes on Wednesday.
Security has been beefed up around the White House amid heightened tensions with Iran
The TV says the stampede erupted in Kerman, the hometown of Gen. Qassem Soleimani where the procession was underway on Tuesday
Among other sectors staring at a negative impact from higher crude oil prices are tyres and cement
"It's certainly a very dangerous moment," Prince Faisal told reporters in Riyadh
Congress, which has the sole power to declare war, has complained that Trump did not provide advance notice of his airstrike on Soleimani in Baghdad
US President Donald Trump on Sunday warned of a "major retaliation" against Tehran after it threatened revenge for the killing
Experts fear risk-off trade, spike in oil prices, weaker rupee to hurt India's fundamentals
Tensions between Iran and the US increased after an American drone strike killed top Iranian general Qasem Soleimani last week.
The Trump administration had recently asked France and other allies to warn Tehran against killing Americans, according to one of the people. For the president, a red line had been crossed