Oil prices spike after US strikes on Iran nuclear sites
Economists at MUFG warned of "high uncertainty of the outcomes and duration of this war", giving a "scenario analysis" of an oil price increase of $10 per barrel.
Iran helps Syria build power plant in Latakia
The new plant is expected to help bring back energy to those in Syria who lost access to it over the past decade.Climate crisis the next great threat for Iraq
Only 3.5 percent of Iraq’s farmlands are watered with irrigation systems and rivers are polluted with viruses and bacteria, oil spills and industrial chemicals.Iran records over 500 Covid deaths, hits new high
Iran registered 39,619 new infections in the 24 hours to Sunday, taking the total since the pandemic started to 4,158,729Iran nuclear talks could resume in September: EU
Talks have been happening since April in Vienna to find a way to bring both sides back into full complianceG7 blames Iran in deadly tanker attack, US releases ‘evidence’
The UN Security Council also agreed to discuss the incident off the coast of Oman on MondayShah’s son urges West to drive ‘nail in coffin’ of Iran clerical state
Pahlavi, like many others, has spoken before of the regime crumblingIsrael can ‘act alone’ against Iran after ship attack: Bennet
Bennett said Israel had shared intelligence with the United States, Britain and others also tying Iran to the attack.US vows ‘collective response’ on tanker attack as Iran warns
A British security guard and a Romanian crew member were killed in what analysts said bore all the hallmarks of the "shadow war" between enemies Iran and IsraelIran builds energy port on Persian Gulf for $350 million
Iran built the port to reportedly expedite the export of petroleum products from the South Pars energy hub, which the country shares with Qatar.Iran rejects Israel’s ‘baseless accusations’ over ship attack
The MT Mercer Street, managed by prominent Israeli billionaire Eyal Ofer, was struck on Thursday off the coast of Oman, in an incident Israel has blamed on Iran.Iran says it has freed ‘considerable’ number of arrested water protesters
The move comes barely days after Human Rights Watch urged Iran to unconditionally release all water protesters it had detained.Iran’s Raisi set to focus on economy, nuclear deal
The US sanctions choked Iran, including by seeking to stop its oil exports, and the economy contracted by more than six percent in both 2018 and 2019Man faces 20 years in prison in US for illegally exporting laboratory equipment to Iran
Reza Sarhangpour Kafrani, aka Reza Sarhang, co-owned the Canada-based company Prolife Global, which conducted business in the US and elsewhere.Israel blames Iran for deadly attack on oil tanker off Oman
The Islamic Republic "is not only Israel's problem, but it is the world's problem. Its behaviour threatens the freedom of navigation and global commerce", the Israeli official added.Two dead in attack on Israel-linked oil tanker off Oman
Analysts said the attack bore all the hallmarks of tit-for-tat exchanges in the "shadow war" between Israel and IranNine dead, hundreds arrested in Iran water protest crackdown
The authorities should immediately release peaceful protesters, provide information about deaths, and allow an independent international investigation, says Human Rights Watch .US: Nuclear talks with Iran cannot go on indefinitely
Iran's president-elect has said his government will support talks that ‘guarantee national interests’ but will not allow negotiations for the sake of negotiations.Iran sees water protests in Tehran, again
The demonstration was a spillover from protests in the oil-rich Khuzestan province, where water protests began more than 10 days agoBiden to host weakened Iraq PM amid Iran hostility
At the heart of the meeting will be the presence of US troops in Iraq and more broadly, whether Baghdad has what it takes to stand up to residual Islamic State jihadist group cells within the country's borders.Houthi militia buries 11 fighters killed on battlefield in Yemen
In a big setback to the Iran-backed militia, one of its top commanders, Brigadier Hamer Yahiya, who was the military chief of staff of the capital’s Hamdan district, was killed in fighting.GCC condemns Iran for interfering in affairs of other nations
GCC demands Iran’s nuclear program, ballistic missiles, and its support for militias must be included in ongoing talks in Vienna between Iran and five world powersUS mulls crackdown on Chinese imports of Iranian oil
The United States is planning a crackdown on Iranian oil sales to China in violation of its sanctionsIran’s new oil terminal to bypass Gulf chokepoint
Tehran inaugurated Thursday the terminal in Jask, on the Gulf of Oman, allowing tankers to avoid the Strait of Hormuz -- a passage less than 40 kilometres wide at its narrowest pointHuman Rights Watch condemns Iran for ‘deadly’ response to water protests
HRW has condemned the Iran’s response to ongoing internal water protests; at least four people have been killed by security forcesIran opens oil terminal in Gulf of Oman to bypass Strait of Hormuz
Iran has started exporting crude through its first terminal in the Gulf of Oman, bypassing the Strait of Hormuz to the northGerman-Iranian rights activist caught Covid in Tehran jail, says daughter
Nahid Taghavi is being held in Tehran's Evin prison, awaiting sentencing on a 'security charge'Tehran on alert as anti-water protests spread in Iran
Iran put anti-riot measures in place in Tehran on Wednesday following continued water protests in KhuzestanPowering Iraqi homes one switch at a time
Iran decided last month to cut power supplies to Iraq, saying the it owes it more than $6 billion in arrears. That has left Wataniya unable to keep up with soaring demand in the country.What’s in store for UAE as OPEC+ decides to increase oil output?
The UAE’s oil production limit fixed by the OPEC+ in 2018 is not a reflection of its full production capacity, which rose from 3.17 million barrels per day in that year to over 3.8 MBPD in April 2020.Iran sends team to southwest to tackle water shortages
This month, power generation impacted by drought results in rolling blackouts in the capital Tehran and other large citiesBarred Iran director’s son follows his footsteps to Cannes
You might think the family business did not seem so inviting to young Iranian filmmaker Panah Panahi, given that his acclaimed father has faced years of persecution at the hands of the authorities.Iran railway company denies cyber attack
Iran's national railway company on Saturday denied having been hit by a cyber attack following reports of disruptions at train stations across the country, local media reported. The announcement came a day after Fars news agency reported "unprecedented chaos" at stations with hundreds of trains delayed or cancelled. In the...Iran’s only nuclear power plant back online
The plant was off-grid for two weeks, leading to power cuts in the country Officials blamed 'a technical fault' for the shutdown Iran's only nuclear power plant has been brought back online, its manager said early Monday, after two weeks off-grid amid a power shortage and rolling blackouts across the...Iran ups non-oil exports by 50% in Q1
Iran’s non-oil exports rose by 50% in the first quarter of the current Iranian year, its Minister of Industry, Mines and Trade Alireza Razm Hosseini said The latest Iranian new year started on March 21, and the numbers Razm Hosseini gave are from the first three months since then Iran’s...Iran fears Covid variant outbreak could hit it harder
Official data put Covid toll in Iran at 84,000 Tehran, nine other cities highest-risk places Iran has struggled to keep the Covid pandemic under control, and now it must prepare for a worse case of the virus hitting them. President Hassan Rouhani on Saturday said that Iran will be hit...Iran rights council member: executing child offenders not a rights violation
Authorities say they try to convince victims' families to pardon death row offenders UN rights chief Michelle Bachelet had said over 80 child offenders are on death row Tehran: Iran’s use of the death penalty for crimes committed as minors does not mean it violates human rights, a senior...US in first meeting with Israel’s new FM amid Iran moves
Lapid is flying to Rome to see Blinken The meeting comes as Biden moves ahead with fresh talks with Iran US Secretary of State Antony Blinken meets Israel's new top diplomat Yair Lapid on Sunday, in the United States' first face-to-face meeting with the freshly installed government that seeks a...Iran licenses 30 crypto mining farms to mint digital currencies
Semnan Province, the administrative region to the east of Tehran, is home to the largest number of licensed facilities Iran approved cryptocurrency mining as a legal activity two years ago Iran has issued licenses to 30 cryptocurrency mining centers, the Financial Tribune revealed this week, quoting official figures published on...US, France must take final decisions on nuclear deal: Iran
The 2015 deal saw Iran accept curbs on its nuclear capabilities Trump unilaterally withdrew three years later Iran on Friday said world powers must take any final decisions to revive the 2015 nuclear deal, after France and the United States suggested that time was running out. "The opposing sides are...47 killed in northern Yemen as battle for Marib flares
Rebels are seeking to seize control of Marib and its surrounding oil fields Fresh fighting comes after a diplomatic push by the UN and other failed Renewed battles between government forces and Huthi rebels over the strategic city of Marib in northern Yemen have left 47 dead, including 16 pro-government...US cutting forces, missile batteries in Middle East
The move comes as President Joe Biden's administration seeks to ease tensions with Iran The US military is rapidly adjusting its global footprint as it pulls out of Afghanistan The Pentagon said Friday it was cutting the number of troops and air defense units deployed to the...Iraq hopes to build 8 nuclear power reactors by 2030
The decision to go nuclear is geared to reduce the country’s external energy dependence Iraq currently uses electricity, gas imports from neighboring Iran to generate around a third of its electricity Iraq, which suffers chronic electricity shortages, wants to construct eight nuclear power reactors by 2030 in order...Ultraconservative cleric Ebrahim Raisi ahead in partial results from Iran’s presidential election
Raisi is seen as close to the 81-year-old supreme leader, Ayatollah Ali Khamenei, who has ultimate political power in Iran Raisi's only rival from the reformist camp was the low-profile former central bank chief Abdolnaser Hemmati Iran was Saturday set to announce the winner of a presidential election in which...Iran mired in economic pain as presidential vote nears
Iran's 83 million people are suffering as jobs are scarce, prices are rising Economic crisis brought on by crippling sanctions and worsened by the pandemic When Iranians vote for a new president next week, they will do so in the depths of an economic crisis brought on by crippling sanctions...Omani mediators in Sanaa as Yemen ceasefire talks intensify
Omani mediators appear to be convincing the Huthis to accept a ceasefire and take part in peace negotiationsUN nuclear watchdog ‘concerned’ over undeclared Iran sites
The UN nuclear watchdog also claimed its enriched uranium stockpile was 16 times over the limit These are the first substantive reports since Iran suspended some inspections in February UN nuclear watchdog International Atomic Energy Agency on Monday, May 31,issued two reports in which it claimed Iran had not...Bashar al-Assad likely to emerge winner, in a poll seen as mere ritual
Assad has cast himself as the sole architect of a reconstruction phase for the war-ravaged country Having overseen total destruction of his country in civil war, he is expected to become more autocratic Syrian President Bashar al-Assad is likely to be reelected as the president of the war-scarred Syria in...JCPOA woes: Trump threatens ‘strongest’ sanctions on Iran ever
Weeks after Donald Trump’s decision to withdraw from the 2015 Iran nuclear deal, US secretary of state Mike Pompeo has threatened to impose some of the strongest sanctions on Iran. Terming them as ‘strongest in history’, Pompeo has urged Iran to immediately stop its missile tests, halt its entire nuclear...‘JCPOA’; how US’ withdrawal scripts economic instability, geopolitical flux
The recent move of the US president Donald Trump, intended to terminate the 2015-nuclear pact with Iran, has further escalated the environment of uncertainty in the region. Besides indicating toward the upcoming instability and disturbed geopolitical equations in the region, this termination also holds many long-term economic repercussions. After months...A weighting game: Russia’s balancing act in the Middle East
In 1978, Egyptian journalist Mohamed Heikal declared in his book Sphinx & Commissar that Soviet influence in the Middle East was a “spent force”, undermined by Moscow’s inability to be both a superpower and “the bastion of world revolution”. One decade later, as the Soviet Union collapsed in 1989-91, some...