Search Site

Trends banner

TSMC first-quarter net profit soars

Its net revenue for the quarter soared nearly 42%.

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

Iran offers no response to Israeli strike, if US-secures Gaza truce: report

Iran's President Ebrahim Raisi.
  • According to a report by Jadeh Iran, Iran has communicated to the United States that it would refrain from retaliating to the airstrike if the US can secure a ceasefire in Gaza
  • The anonymous source cited in the report stated that if the US is successful in calming the situation, it would be seen as a significant achievement for the Biden administration

Tehran, Iran – Iran has reportedly offered a conditional response to the recent airstrike in Damascus that resulted in the deaths of senior Islamic Revolutionary Guard Corps (IRGC) commanders. According to a report by Jadeh Iran, Iran has communicated to the United States that it would refrain from retaliating to the airstrike if the US can secure a ceasefire in Gaza.

The anonymous source cited in the report, described as an Arab diplomatic source, stated that if the US is successful in calming the situation, it would be seen as a significant achievement for the Biden administration, and there could be potential for further progress. The development comes amidst ongoing negotiations between Israel and Hamas in Cairo for a ceasefire and the release of hostages.

The Damascus airstrike targeted the Iranian consulate, resulting in the death of IRGC commander Mohammad Reza Zahedi and several other IRGC officers. Since then, Iran has issued threats of a “harsh response” against Israel. Reports suggest that Iran could potentially use cruise missiles and kamikaze drones to retaliate, possibly before the end of the month of Ramadan.

Israeli Defense Forces (IDF) Chief of Staff Herzi Halevi emphasized Israel’s readiness to confront Iran, stating that they are prepared with defensive systems and will act forcefully in cooperation with the USA and regional allies. The situation remains tense as Israel continues to prepare for potential responses to the Damascus airstrike, which both Syria and Iran have blamed on Israel.