The deal declares an “immediate and permanent end to the war on all fronts, including Lebanon” Washington: Details have emerged about the secretive US-Iran ‘memorandum of understanding’ (MoU), laying out the terms that extend the ceasefire to Lebanon, allow Iran to manage the Strait of Hormuz, temporarily waive Iranian oil sanctions and establish a pathway…
Beijing, Chinese President Xi Jinping on Monday called for the opening of the Strait of Hormuz for normal passage of ships, as Beijing described it as an “international waterway” amid assertions by Iran that it has an inalienable right over it. China calls Hormuz international waterway; Xi presses for reopening The Strait of Hormuz should…
Tehran: Tehran has responded to US President Donald Trump’s remark about ending the war in Iran, saying it will be the one who will “determine” when the military actions against American and Israeli targets cease. Iran’s Islamic Revolutionary Guard Corps (IRGC) stressed that equations and the future status of the region are now in the…
The United States on Thursday announced sanctions on around 100 individuals, entities, and vessels, including Chinese companies, accused of facilitating Iran’s oil and petrochemical exports, the Treasury Department said. Among those targeted were Shandong Jincheng Petrochemical Group Co, described as an independent “teapot” refinery in Shandong Province that purchased millions of barrels of Iranian oil…
Tankers in Spain Photographer: DeAgostini/Getty Images (Bloomberg) — The US sanctioned a Greek shipper and two Chinese port-terminal operators that it said facilitated the transport of Iranian oil, broadening a so-called maximum pressure campaign against Tehran. Antonios Margaritis was designated, along with a web of companies overseen by him in Greece and the Marshall Islands,…
US President Donald Trump’s declaration on Tuesday that China “can now continue” to buy Iranian oil did not signal a change in Washington’s policy on banning such trade, the White House said. Trump’s earlier comments about the China-Iran oil trade were made to highlight the continuation of traffic through the Strait of Hormuz, a critical…