Tensions have escalated in and around the waterways of the Arabian Gulf – vital for the world’s oil markets – in the past week
iran nuclear deal
Latest in iran nuclear deal
crude oil price
Oil rises ahead of OPEC+ meet with Iran talks at standstill
OPEC+ alliance will meet on Thursday to discuss output plans with Russia weighing a proposal to boost supply and Saudi Arabia signalling it prefers a more gradual approach
Abbas Araghchi
Iran says to stick to nuclear deal for $15bn oil credit
France has been trying to convince the United States to offer Iran some sort of relief from sanctions it has re-imposed
Barack Obama
Trump nixed Iran nuclear deal for ‘personality reasons’ – report
According to the Sunday Times, authorities have identified the person responsible for leaking the documents to the Mail
Aaron Cutler
President Trump ‘really popular’ in Gulf, says top Washington lobbyist
Attorney, DC lobbyist and staunch Republican Aaron Cutler said he believes that US expats in the region should not expect changes to tax policy for Americans overseas
American troops
Russia urges US, Iran to ‘show restraint’ amid growing tensions
The US on Monday said it approved the deployment of 1,000 additional troops to the Middle East
Ayatollah Ali Khamenei
Japan’s PM Shinzo Abe heads to Iran on a mediation mission
Tehran is locked in a bitter standoff with the US after president Donald Trump withdrew from a landmark nuclear deal last year
air strikes
US fingers Iran on Gulf attacks but eases tone
Top Trump officials appeared to be toning down weeks of fiery warnings to Iran before delivering a classified briefing to the full Congress
commercial vessels attack
Opinion: Deal or no deal for Donald?
With everything from political tensions swirling around Iran and a full scale trade war looming between the US and China, it’s just as well we have the world’s great everliving dealmaker in the White House overseeing things. Right?
Donald Trump
Trump moves to strangle Iran economy as nuclear deal withers
US President Donald Trump moved to inflict greater economic pain on Iran, imposing sanctions that would punish anyone who buys or trades the country’s iron, steel, aluminium and copper
Donald Trump
End of Iran sanctions waivers to hit Indian economy
India buys mostly from Saudi Arabia but has a long history of purchasing Iranian crude
Ayatollah Ali Khamenei
Iran’s Zarif quits as engagement with the West seen failing
President Hassan Rouhani has yet to say whether he has accepted Zarif’s resignation
Ayatollah Ali Khamenei
Iran’s Khamenei says ready to abandon nuclear deal if needed
Iran’s supreme leader warns the country could abandon its nuclear deal with world powers if it no longer served its interests
Hassan Rouhani
In pictures: First phase of US sanctions against Iran
The first round of sanctions takes effect overnight, targeting Iran’s access to US banknotes and key industries including cars and carpets. The second phase, which takes effect November 5 and will block Iran’s oil sales, is due to cause more damage, though several countries including China, India and Turkey have indicated they are not willing to entirely cut their Iranian energy purchases.
Hassan Rouhani
US re-imposes first wave of tough, unilateral sanctions against Iran
The first of two rounds of US sanctions kicked in this morning, targeting Iran’s access to US banknotes and key industries, including cars and carpets
Donald Trump
US said to meet Saudi leaders to discuss Iran oil sanctions
US is working with nations including Saudi Arabia to make sure oil markets are well-supplied
crude oil
US said to ask OPEC for 1 million barrel a day output hike
Move comes after President Donald Trump publicly complained about OPEC policy and rising oil prices on Twitter