The Latest News about Iran

It will also have the effect of increasing demand for secure and dependable oil production available from the United States - the world's #1 energy producer, and a huge exporter at this time.

Yemen’s Houthi rebels took credit for targeting Saudi Arabian state-owned oil facilities in a drone attack that reportedly forced half of the country’s oil supply, or 5% of the global oil supply, to shut down Saturday. Ten drones struck Saudi Aramco oil facilities — one of which is the world’s largest oil plant — in Abqaiq and Khurais, according to ...

Among the headlines the mainstream media is pushing, hidden in the middle toward the bottom, is the news about the freedom fighters protesting in Hong Kong. Just as with the Green Movement that sought the overthrow of the oppressive Islamofascist mullahs in Iran, the United States has an opportunity to advance freedom in the world by aiding those who are ...

DENVER – A warrant unsealed in U.S. District Court for the District of Columbia Aug. 16 to seize the oil tanker Grace 1, the petroleum aboard it, and $995,000, reveals the investigative work by special agents based in Colorado. The tanker, cargo and cash are subject to forfeiture based on violations of the International Emergency Economic Powers Act (IEEPA), bank ...

Authorities in Gibraltar, a British territory, released an Iranian oil tanker Thursday, hours after the U.S. requested to seize the ship. The Iranian oil tanker, Grace 1, was seized July 4, with Iran seizing a British oil tanker shortly after in retaliation. The U.S. applied to seize the oil tanker Thursday morning, according to the Gibraltar government. Hours later, the ...

The threat of Iran to U.S. and regional allies is from miscalculation, while the threat of China is largely in violating world economic and democratic norms, said Undersecretary of Defense for Policy John C. Rood at the Aspen Security Forum in Aspen, Colorado. Iran’s recent provocative activities are worrying and troubling, like shooting down a U.S. drone and seizure of ...

Iran’s Revolutionary Guard Corps said Friday it had seized a British oil tanker because it violated international maritime law, hours after the United Kingdom extended its detention of an Iranian tanker. The British tanker, known as the Stena Impero, was headed for Saudi Arabia when it switched course for Iranian waters, reported The Wall Street Journal. “We are presently unable ...

Oil prices and fears about Iran’s ability to disrupt trade are up after Iranian state television reported Thursday the country’s Revolutionary Guard Corps seized a foreign tanker it accused of smuggling oil. Iranian state media did not identify the tanker, but the news coincides with the disappearance of a United Arab Emirates-based tanker that went dark in Iranian territorial waters ...

The U.S. Treasury Department announced sanctions Tuesday on three Hezbollah officials accused of carrying out “Iran’s bidding.” “[Hezbollah] uses its operatives in Lebanon’s parliament to manipulate institutions in support of the terrorist group’s financial and security interests, and to bolster Iran’s malign activities,” Sigal Mandelker, Treasury’s Under Secretary for Terrorism and Financial Intelligence, said in a statement. The sanctions come ...

Iran started enriching uranium Monday to 4.5%, an energy official said, an announcement that comes amid rising concerns of the country violating the 2015 nuclear deal. Atomic Energy Organization of Iran spokesman Behrouz Kamalvandi also hinted in a state TV interview Monday that the country might try to enrich its supply of the element to 20% purity or more and ...

Iranian officials announced Sunday that the country was hours away from overstepping another term of the 2015 nuclear deal limiting its uranium enrichment. Deputy foreign minister Abbas Araghchi said Iran would continue breaking parts of the multilateral deal in 60-day increments unless it received sanctions relief as spelled out in the deal, reported The New York Times. President Donald Trump ...

Iran said that it will increase enrichment of uranium to whatever amount needed Wednesday, even if it goes above the cap set by a 2015 nuclear agreement. This is not the first time that Iran has threatened to increase its enrichment. Iran is allowed to have up to 3.67% uranium-235, according to the nuclear deal, but have repeatedly threatened to ...

Multiple European diplomats and China said Tuesday they are not moving forward with sanctions on Iran after the country violated the 2015 nuclear deal when it announced Monday that it has amassed an arsenal of nuclear product. “Not for now. We want to defuse the crisis,” a European diplomat told Reuters when asked if sanctions would be imposed. French President ...

Israeli Prime Minister Benjamin Netanyahu demanded sanctions from Europe immediately Monday, as Iran accumulates more uranium by the day. “I say again that Israel will not allow Iran to develop nuclear weapons,” Netanyahu said in a statement to Reuters. Netanyahu’s demands are a response to Iran accumulating over 660 lbs. of low-enriched uranium–a direct violation of the 2015 nuclear deal– ...

Iran surpassed a key nuclear fuel stockpile limit under the 2015 Iran nuclear deal that President Donald Trump withdrew the U.S. from in 2018, according to Iran state media reports Monday. Iran breached its agreement to keep its stockpile of low-enriched uranium to about 660 pounds but has not accumulated enough to create a nuclear weapon, reported The New York ...