UK economy faces recession if Strait of Hormuz remains closed, EY warns
Forecasters at accounting giant EY say that the UK economy is likely to shrink in 2027 if the Strait of Hormuz is not reopened before the middle of next year.…
Iraq and Iran Discuss Hormuz Crisis and Regional Stability
I discussed, in a phone call with the Foreign Minister of the Islamic Republic #Iran, Mr. Abbas Araghchi, the developments of the situation in the Strait of #Hormuz and its…
Mediators are seeking to revive US-Iran MoU, Iranian MP says
An Iranian lawmaker said on Sunday that mediators were seeking to revive a deal that briefly halted the war between Iran and the United States in June. – Hassan Ghashghavi,…
Trump says Iran talks to take place on Monday, sets no deadline for deal
U.S. President Donald Trump said talks with Iran will happen on Monday but declined to set a deadline for an agreement after earlier saying he had called off an imminent…
Iran denies reaching compromise deal with US on opening Strait of Hormuz
Iran will not give its permission to opening the Strait of Hormuz while the reports claiming that Tehran has accepted a proposal by Qatari mediators to resume the waterway’s operation…
MBS urges efforts to prevent region from being dragged into wider conflict in Trump call
Saudi Crown Prince Mohammed bin Salman and US President Donald Trump have discussed developments in the region and their regional and international implications in a phone call, the Saudi Press…
Trump says he’s halting planned attacks on Iran
The president said he agreed to requests from Iran and other Middle Eastern countries to cancel the attack, claiming the parameters of a deal have been agreed to. – President…
Iran threatens to strike other nations’ energy fields if US launches fresh attacks
Iran warned this weekend against any “adventurous action” by the U.S. and said it would retaliate decisively if American forces follow through on President Donald Trump’s threats of fresh attacks…
Pentagon seeks $18.2 bln to replenish interceptor missile stocks
The Pentagon has requested $18.2 billion to replenish interceptor missile stocks, Bloomberg reported. – According to the news outlet, the funding is part of a $67 billion emergency spending request…
Kuwait reserves right to ‘take all measures’ to protect security after drone attack
Kuwait’s Foreign Ministry has condemned Iran’s “continued aggression” against it after a drone attack earlier today targeted “vital installations”. – The ministry said Iran’s attacks are a “flagrant violation” of…