Oil prices moved slightly lower on Friday as markets parsed reports that the U.S. was close to gaining access to Venezuela’s oil reserves, while focus was also on U.S.-Iran wrangling over the Strait of Hormuz.
Oil prices moved slightly lower on Friday as markets parsed reports that the U.S. was close to gaining access to Venezuela’s oil reserves, while focus was also on U.S.-Iran wrangling over the Strait of Hormuz.
Iran’s foreign ministry on Friday called on “all countries” not to implement U.S. sanctions against Tehran, warning that doing so would represent “complicity” in imposing the “illegal will” of the United States.
Oil prices fell more than $2 a barrel to a more than two-week low on Wednesday as talks between Iran and Oman revived hopes that the Strait of Hormuz could reopen and remove shipping constraints affecting supply in the key Middle East region.
Beijing has warned the US that it would retaliate against any significant expansion of the Trump administration’s new secondary sanctions relating to Iran that hit Chinese companies.
Countries that calculate appeasement of the regime to be a safer choice should reconsider
Iran vowed on Friday to deliver a “devastating” response to any new U.S. threats, as Washington threatened to slap historically “tough” sanctions on Tehran.
Στο τραπέζι του Ιράν ακόμη και επιθέσεις σε υποθαλάσσια καλώδια στα Στενά του Ορμούζ – «Αν οι ΗΠΑ το παρακάνουν, ο πόλεμος μπορεί να φτάσει στην Ευρώπη», λέει πηγή προσκείμενη στο καθεστώς
«Οι Ηνωμένες Πολιτείες στηρίζουν την ενεργειακή ασφάλεια και τη συνεργασία στην Ανατολική Μεσόγειο, μεταξύ άλλων μέσω του Κέντρου Ενέργειας Ανατολικής Μεσογείου», ανέφερε ο εκπρόσωπος του Στέιτ Ντιπάρτμεντ.
President Donald Trump on Monday said the U.S. would “bomb” Oman if the Gulf nation “gets in the way,” as Washington’s 60-day ceasefire with Iran expires with no official negotiations or deal in sight.
President Trump has instructed Defense Secretary Pete Hegseth to “substantially reduce” the joint military exercises the U.S. performs with South Korea, saying he hasn’t been happy that the U.S. long ago agreed to participate, based on his “very good relationship with Kim Jong Un, of North Korea.”
Τηλεφωνική επικοινωνία είχε την Πέμπτη ο Γιώργος Γεραπετρίτης με τον Αμπάς Αραγτσί, για την κρίση στην Μέση Ανατολή και την κατάσταση στο Ορμουζ.
The U.S. and Iran could reach a deal on Tuesday or Wednesday to reopen the Strait of Hormuz with freedom of movement for commercial ships, Treasury Secretary Scott Bessent said in an interview.
Oil prices tumbled Monday after President Donald Trump said he called off a planned strike on Iran.
The US has paused strikes on Iran for a third night as top military officials advised Donald Trump to halt his bombing campaign, and diplomatic negotiations have continued to avoid a return to all-out war.
Iran’s Houthi allies in Yemen on Monday declared a maritime embargo of Saudi Arabia.
President Donald Trump said Wednesday that Iran had informed him there would be no tolls, insurance costs, or charges of any kind for ships looking to pass through the strategically vital Strait of Hormuz.
Oil prices fell early Monday, reversing earlier gains, as mediators stepped in to ease tensions between the U.S. and Iran over the weekend.
U.K. Prime Minister Keir Starmer announced Monday that he will stand down as Labour leader and prime minister, ending months of political turmoil and opening a contest to replace him.
News that the U.S. and Iran had reached an interim deal may have brought some initial relief to markets, but fresh uncertainty emerged on Friday after planned follow-up talks in Switzerland were called off, underscoring the challenges of turning the agreement into a lasting peace settlement.
Oil prices declined Thursday after President Donald Trump signed a deal with his Iranian counterpart Masoud Pezeshkian to end the war in the Middle East, while the International Energy Agency flagged a supply glut next year.