Britain’s seizing of an Iranian oil tanker last week was a threatening act that will not be tolerated, Iran’s Defence Minister Amir Hatami said on Monday in a speech broadcast Continue Reading
The possibility of Iran attempting to close the Strait of Hormuz to tanker traffic has increased significantly in recent weeks, as has the possibility of a Persian Gulf War, especially Continue Reading
An Iranian Revolutionary Guards commander threatened on Friday to seize a British ship in retaliation for the capture of an Iranian supertanker by Royal Marines in Gibraltar. A “If Britain Continue Reading
A.P. Moller-Maersk has joined other major container shipping companies in increasing prices for sending containers into the Persian Gulf in response to the heightened risk of military conflict in the Continue Reading
Saudi Arabia has pumped 9.782 million barrels of oil per day (bpd) in June, an OPEC source said on Friday, up from 9.67 million bpd in May. The world’s top Continue Reading
Britain should be “scared” about Tehran’s possible retaliation for the capture of an Iranian supertanker by Royal Marines in Gibraltar, the Fars semi-official news agency on Saturday reported an Iranian Continue Reading
Iran is prepared to begin enriching uranium beyond the limits set by the nuclear deal it struck with world powers, a top aide to Supreme Leader Ali Khamenei said, ahead Continue Reading
British Royal Marines seized a giant Iranian oil tanker in Gibraltar on Thursday for trying to take oil to Syria in violation of EU sanctions, a dramatic step that drew Continue Reading
Germany is working hard to reach the point where the first transactions can be carried out under a special trade channel being set up to enable trade between Iran and Continue Reading
While the Trump administration has increased economic pressure on Iran to deter the country from obtaining nuclear weapons, President Trump and North Korean leader Kim Jong Un agreed to restart Continue Reading
