US Vice President JD Vance says economic, military, diplomatic and covert measures remain on Trump's table as Washington weighs its next steps on Iran.
Iran, trade tensions and energy security are set to be key concerns for India as Nirmala Sitharaman attends the G20 Finance Ministers meeting in Asheville.
Tehran: Iran’s Islamic Revolutionary Guard Corps (IRGC) said on Monday that it launched a combined missile and drone attack on US air bases in Jordan, describing the strike as retaliation for the US-Israeli aerial attack on Iran’s Larak Island. According to Iran’s Fars news agency, citing an IRGC statement, Iranian forces targeted “technical and maintenance.
The US has imposed sanctions on four Indian companies for their alleged role in the trade of petroleum and petrochemical products linked to Iran. This action is part of US policy to increase pressure on Iran's oil revenue.
Iran has warned vessels violating its Strait of Hormuz protocols of fines, detention or confiscation, while authorised vessels will be required to pay service fees to Tehran.
-Abhishek Vij Since the war broke out between the US, Israel, and Iran, the Strait of Hormuz has become a focal point. The supply of oil and gas from the Gulf to most countries around the world through the Strait of Hormuz has been disrupted. This has led to a surge in global crude oil.
US President Donald Trump has said the United States is “essentially controlling” strategic waterways linked to Iran and will soon take full control, while insisting Tehran will never be allowed to acquire a nuclear weapon.
US President Donald Trump has warned that Iran could face "very Draconian sanctions" even as he played down the Strait of Hormuz's future importance, arguing that increased American energy production and new supply routes had reduced the world's dependence on the strategic waterway.
US President Donald Trump on Tuesday (US local time) instructed his top envoys to halt their conversations with Iran, according to a CNN report, citing US officials.
The United Arab Emirates (UAE) has suspended all trade, commercial transactions, and financial activities with Iran until further notice. The UAE Foreign Ministry announced this on Wednesday.