News about Iran
Spain has closed its airspace to planes involved in the US and Israeli military operation against Iran.
US President Donald Trump has said he wants to “seize oil in Iran” modeled on a scenario in Venezuela.
Zelensky’s Gulf tour is forming new partnerships. Before his visit to Qatar, Zelensky visited Saudi Arabia on Thursday and the UAE on Friday. And on Saturday, Ukraine and Qatar signed a defense agreement during President Volodymyr Zelensky’s visit to Doha.
US President Donald Trump has said he is “very disappointed” with NATO because the alliance has not helped the US in its war with Iran.
The share of the Gulf countries in the global grain trade is small – only about 4-6% from season to season. According to Argus Analytics experts, in this regard, there is no reason to expect that the conflict in the region will have a direct impact on global grain supply and prices.
The US President said that he is extending for 10 days the ultimatum for Iran to reopen the Strait of Hormuz. It is reported that the decision was made in response to Tehran’s request.
Iran’s oil exports have not collapsed since the outbreak of war, and oil prices have risen significantly. In addition, the country remains the only Middle Eastern producer of black gold whose tankers pass through the Strait of Hormuz unimpeded.
US President Donald Trump wants to end the conflict with Iran in the coming weeks.
Iran launched strikes across the Middle East on Wednesday morning, hours after U.S. President Donald Trump said Washington was holding talks with Tehran and also announced an oil and gas gift from Iran.
Global markets are at the center of a new scandalous episode raising questions about possible insider trading. Major oil market deals were struck just 15 minutes before Donald Trump’s announcement of “productive talks” with Iran.
U.S. President Donald Trump said Monday that the United States and Iran have been in “very good and productive talks” since late last week to end hostilities, and he therefore ordered a suspension of strikes on Iranian energy. Iran, represented by the Foreign Ministry and parliament speaker, has officially said it is not holding any talks with the Americans. At the same time, an Iranian foreign policy official anonymously confirmed to CBS the receipt of “U.S. proposals.”
Following Trump’s ultimatum, Iran said that along with military bases, U.S.-affiliated financial institutions holding U.S. government bonds would be targeted.
Escalating conflict in the Middle East is driving investor demand for defensive assets as the war drags on. The dollar index, which measures the value of the U.S. currency against a basket of currencies, rose 0.03% to 99.53. The euro fell 0.06% to $1.1563. The yen rose 0.06% to 159.11 per dollar, while sterling weakened 0.06% to $1.3331.
It is not only oil and gas markets that are feverish amid the deepening crisis in the Middle East due to the US-Israeli war against Iran. The Russian Central Bank’s gold reserves last month fell to a four-year low of 74.3 million troy ounces, the lowest since April 2022, when 74.1 million remained in reserve.
Ships that are not linked to “Iran’s enemies” can pass through the Strait of Hormuz with the agreement of security measures with Tehran. This was stated by the representative of the Islamic Republic to the International Maritime Organization Ali Mousavi, Reuters reports.
The US authorities temporarily allowed the purchase of Iranian oil loaded on tankers earlier than March 20. The relaxation of sanctions will last 30 days. It will allow about 140 million barrels to be brought to the market. The goal is to bring prices down below $100 per barrel.
Bitcoin clawed back a week’s worth of gains in just one weekend.
US President Donald Trump has issued an ultimatum to Iran, threatening to destroy its power plants if the Strait of Hormuz is not opened within 48 hours.
The Iranian authorities have put into circulation banknotes with a face value of 10 million rials, the largest in the country’s history. The decision was due to accelerating inflation and a sharp increase in demand for cash among the population.
Iran has attacked the Diego Garcia base, owned by the US and UK, in the Indian Ocean with two medium-range ballistic missiles. This is the first case of such a threat to US interests outside the Middle East – 4,000 kilometers from Iran.
