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Iran has shot down a US spy drone over the Strait of Hormuz, raising fears that a war could erupt between Iran and the US. The news was reported by state media. Iran’s Islamic Revolution Guards Corps (IRGC) affirms that the drone had violated Iranian airspace, which the US military denies. We did not have any aircraft in Iranian airspace today,” said Captain William Urban, spokesman for US Central Command. This new episode comes at…

On Thursday, June 13, two tankers were attacked in the Arabian Sea in the Strait of Hormuz. The attack took place a month after the sabotage of four ships in the same waters. Nearly 20% of the world’s oil passes through this strait, especially Saudi and Iranian oil. The attack represents a dangerous escalation, opposing the United States, Saudi Arabia, the UAE and Israel on one hand, and Iran on the other hand. Donald Trump…

The Trump administration seems more determined than ever to find a diplomatic compromise with Iran. President Trump has told acting defense secretary, Patrick Shanahan, that he does not want to go to war with Iran. During a Wednesday morning meeting in the Situation Room to defuse the growing tensions, President Trump sent a message to his aides that he does not want the intensifying American pressure campaign against the Iranians to explode into open conflict.…

Houthi revels have started withdrawing from Saleef port in Hodeidah under a U.N.-sponsored deal, giving way to put an end to a four-year war. The move, yet to be verified by the United Nations, is the first major step in implementing the agreement reached last year by the government and the Houthis for a withdrawal in Hodeidah. While Yemeni Information Minister Muammar al-Iryani deemed the move a “flagrant show”, he was dismissed by British ambassador Michael…

One year after the US pull out of the agreement, Iran has informed the ambassadors of the United Kingdom, France, Germany, China and Russia of its decision to put an end to “some commitments ” agreed to in the nuclear deal signed in Vienna in 2015. The Iranian announcement comes in a climate of exacerbated tension with the United States. The Pentagon has announced dispatching several B-52 bombers in the Gulf region,

Qatari Minister of Foreign Affairs Sheikh Mohammed Bin Abdulrahman Al Thani said that unilateral sanctions have a negative impact on countries that depend on oil, referring to sanctions imposed by the US on Iran, according to Reuters. In Qatar, we do not believe unilateral sanctions bring positive effects for crises which must be solved through dialogue and dialogue only, said the Foreign Minister during a press conference following a meeting of the Asia Cooperation Dialogue…

Hassan Rohani has traveled to Iraq for the first time in five years. This visit happens as Iran faces US sanctions that have had a strong negative impact on Iran’s economy. Iraq has become Iran’s first trade partner, despite pressure from Washington. According to official reports, trades between the two countries have reached 10 billion dollars, attributable to imports of Iranian gasoline, electricity and services by Iraq. Most of these trades are imports of Iranian…

Oil prices were looking for direction on Tuesday as investors are concerned about geopolitical tensions in the Middle East. North Sea Brent crude for April delivery was worth $64.89 on the London Intercontinental Exchange (ICE) at 11am GMT, down 78 cents from Monday’s close. In the New York Mercantile Exchange (Nymex) electronic trading, a barrel of light sweet crude (WTI) for the March contract, he last day of trading, was 21 cents to 61.89 dollars.…

President Hassan Rouhani said Iran will continue to pursue its missile programme to defend the country from external threats. On February 11th 2010, Iran celebrated the 40th anniversary of the 1979 revolution up and down the country. The Iranian people took to the streets to mark the momentous occasion as they renewed their allegiance to the country’s Islamic principles amid rising political and economic pressure over US sanctions. Iranian President Hassan Rouhani addressed the crowds…

President Salih said that to his knowledge American forces are only in Iraq to assist in the fight against terrorism. President Trump’s plan to maintain a military presence in Iraq to “watch” over neighboring Iran has been rejected by Iraqi President Barham Salih. According to The Washington Post, President Salih declined the request stating that the United States should not burden Iraq with its own “policy priorities.” During an interview on CBS, President Trump said that…