(Reuters) – The United States has sent Iran a “15-point action list” as a basis for negotiations to end the current conflict, U.S. Special Envoy Steve Witkoff said on Thursday, adding that there are signs that Tehran was interested in making a deal. Witkoff, speaking during a cabinet meeting at the White House, said that …
U.S. Envoy Witkoff Says Iran is Seeking An Off-Ramp Read More »
(Reuters) – President Donald Trump on Thursday urged Iran to make a deal to end U.S. and Israeli bombing or face more strikes on their country. “They now have the chance, that is Iran, to permanently abandon their nuclear ambitions and to join a new path forward,” Trump said during a Cabinet meeting at the …
Trump Urges Iran to Make a Deal or US Will ‘Keep Blowing Them Away’ Read More »
(Reuters) – Iran’s initial response to the U.S. proposal to end the war, which was conveyed to Pakistan, was that it was “one-sided and unfair”, a senior Iranian official told Reuters on Thursday, adding that a path forward might still be found if realism prevailed in Washington. The official said the proposal “was reviewed in …
By Mohammed Ghobari and Emma Farge Houthis have track record of disrupting international shipping Iran-aligned group ready should need arise to join war, leader says Bab al-Mandab is a key choke point (Reuters) – Yemen’s Iran-aligned Houthi movement, whose attacks on the Red Sea caused international shipping and trade chaos during the Gaza war, stands …
Yemen’s Houthis Ready to Join Iran War if Needed, Raising New Shipping Risk Read More »
(Reuters) – The European Union may be forced to scale back its flagship climate policies and geopolitical aims as the Iran war drives up energy prices – with lasting consequences for the bloc’s energy strategy. The energy crunch sparked by the conflict, now in its fourth week, has rattled Europe, which is heavily dependent on …
Europe Scales Back Climate Goals to Ease Iran War Energy Shock: Bousso Read More »
(Reuters) – Barclays said on Thursday that a prolonged closure of the Strait of Hormuz would likely lead to a 13-14 million barrels per day supply loss, noting that while the scale of the disruption is immense, so is the uncertainty around its duration. Exports from Yanbu and Fujairah have picked up in recent weeks …
Barclays Sees 13–14 Million bpd Oil Supply Loss From Prolonged Hormuz Disruption Read More »
By Mike Dolan (Reuters) – The Iran oil shock has upended rate forecasts and roiled U.S. Treasury markets – driving volatility to its highest in nearly a year and forcing selling that is taking a serious toll on liquidity. The risk is that the tremors spread further. One of the key attractions of the U.S. …
Iran Oil Shock Sets US Treasury Seismograph Twitching: Mike Dolan Read More »
(Reuters) – Abu Dhabi state oil company ADNOC’s CEO Sultan Al Jaber described any restriction of passage through the Strait of Hormuz by Iran as “economic terrorism”. “When Iran holds Hormuz hostage, every nation pays the ransom, at the gas pump, at the grocery store, at the pharmacy,” Al Jaber said in a speech in …
ADNOC CEO Calls Any Iran Curbs on Hormuz Passage ‘Economic Terrorism’ Read More »
(Reuters) – Supply disruptions linked to the U.S.-Israeli war on Iran could delay construction of liquefied natural gas projects slated for development in the U.S., Freeport LNG CEO Michael Smith said on Wednesday at the CERAWeek energy conference in Houston. The U.S. is the world’s largest LNG exporter and has more new capacity under construction …
Freeport CEO Says Iran War Energy Disruptions Could Delay New US LNG Projects Read More »
(Reuters) – White House press secretary Karoline Leavitt on Wednesday said the United States is tracking “very closely” how to get oil tankers through the Strait of Hormuz. “As far as tankers through the Strait, it’s something we’re tracking very closely,” Leavitt told reporters about the key shipping lane near Iran. However, the press secretary …
US Tracking Closely How to Get Oil Tankers Through Strait of Hormuz, White House Says Read More »
