Russia is ready to take in Iran’s enriched uranium as part of a future peace deal with the United States, the Kremlin said on Monday.
Ships have stopped moving through the Strait of Hormuz, an intelligence firm said, and oil prices resumed their climb Monday after U.S. President Donald Trump announced on social media that the United States would blockade the waterway.
China on Monday called reports that it had supplied or intended to supply weapons to Iran “baseless smears”, after several outlets quoted US intelligence sources to that effect.
France will soon organize with Britain a conference aimed at restoring freedom of navigation on the Strait of Hormuz, Macron said.
Iranian media reported on Monday that Tehran has already shipped out approximately 174 million barrels of oil prior to the US blockade, a move that ensures continued sales for about 80 days.
The U.S. and Australia joined the Philippines for their second joint maritime exercises in the South China Sea this year, amid tensions with China in the disputed waterway.
Oil prices surged above $100 on Monday as the U.S. moved to impose a blockade on Iranian shipping, a move that could curtail Iranian oil exports after Washington and Tehran failed to reach an agreement to end the trade war.
The US military said it would begin a blockade of all Iranian ports on Monday, after talks between the warring sides in Pakistan collapsed with President Donald Trump blaming Tehran’s refusal to abandon its nuclear ambitions.
Conservative Peter Magyar said Viktor Orban, who has led the country for 16 years, has conceded defeat in Hungarian parliamentary elections.
Recent developments in the Middle East demonstrate a clear shift in the arms landscape, wherein military superiority is no longer determined by the possession of the most advanced and expensive systems, but rather by the ability to employ low-cost weapons intensively and effectively.
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