Why US-Israel war with Iran is a boon to Iraq: Oil majors say it is ‘fantastic potential from a resource perspective’
Jake Spiering, a Chevron president of corporate business development, told the Chamber event that his company will be investing in a pipeline to avoid the Strait of Hormuz and create another export route out of Iraq. Such a pipeline could transport Iraqi oil to the west coast of Syria which is on the Mediterranean Sea.
Negotiators express confidence latest sporadic US-Iran clashes will not derail fragile truce
Regional analysts said the latest exchange of fire underscored the deep-rooted divisions and mutual distrust between the United States and Iran, warning that their entrenched hard-line positions suggest the path to future negotiations is likely to be fraught with challenges.
Iran’s Islamic Revolutionary Guard Corps navy command warns American bases ‘will experience hell in coming days’
The 14-point interim peace accord was meant to halt the fighting, which the US and Israel started on February 28, and reopen the strait while talks proceeded on issues such as Iran’s nuclear programme.
Iran orders vessels seeking to cross Strait of Hormuz file their requests to Persian Gulf Strait Authority
Iran’s top security body has announced that it has issued the order for the swift handling of requests by vessels for passage through the Strait of Hormuz in line with meeting the objectives of a newly-signed memorandum of understanding (MoU) between Tehran and Washington. Iran’s Supreme National Security Council (SNSC)...
