Tag: Iran

Oil moved higher Thursday after U.S. President Donald Trump vowed “economic warfare” on Iran and financial penalties for its supporters, as the United Arab Emirates said it was suspending trade with 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

Oil prices have risen again after the two-month window to negotiate a peace deal in the US-Israel war on Iran expired on Monday with no end to the conflict in sight.

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.

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.

Oil prices were higher on Monday morning after the U.S. and Iran traded strikes as they contest control of the Strait of Hormuz, one of the most important trade routes for global energy supplies.

U.S. President Donald Trump said Wednesday that Washington’s ceasefire with Iran is over, after hostilities between the two sides escalated overnight.

Iran has begun talks to sell ​oil to Japanese companies, though prospective buyers ‌are seeking a longer U.S. sanctions waiver and reassurances on safe shipping conditions in the ​Gulf, three Iranian and Western sources ​said.

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.

The U.S. has issued a sweeping rollback of sanctions on Iranian oil, allowing dollar-denominated trade for the first time in more than four decades, as Washington and Tehran press on with fragile talks toward a permanent peace deal.

Oil prices fell early Monday, reversing earlier gains, as mediators stepped in to ease tensions between the U.S. and Iran over the weekend.

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.

The U.S. and Iran said they had agreed terms to end ​their war and reopen the Strait of Hormuz, news that brought relief to markets although the pact may hinge on an end to hostilities in Lebanon and defers talks on Tehran’s ‌nuclear programme.

A memorandum between the United States and Iran to halt the war in ​the Gulf could be signed as soon as Sunday, a Western source told Reuters on Friday, with Geneva emerging as the likeliest venue.

Oil extended a slide from the previous session on Friday, as hopes grew that a peace deal between the U.S. and Iran which would reopen the Strait of Hormuz may be signed soon.