crude oil shipments to China will rise sharply in coming weeks, U.S. traders and shipbrokers and Chinese importers said, as the world’s top economies gear up to review a January deal after a prolonged trade war.Chinese state-owned oil firms have tentatively booked tankers to carry at least 20 million barrels of U.S. crude for August […]
The Wall Street Journal first reported the news that the cargo was being transferred to the U.S. instead of shipped to Venezuela. The four Liberian-flagged ships—the Bella, Bering, Pandi and Luna—are operated by companies controlled by the Greek Vienna LTD and Palermo SA companies.
“I think the government has been quite careful and trying to not be heavy-handed because they don’t want to see something spiral out of control that they think they can manage,” Vakil said. “There’s so much attention on Iran and its economy right now, that overreacting is also something they’re trying to be mindful of.”
The U.K. is the seventh country to tie up with India for a limited number of flights. India has so far tied up with the U.S., France, Germany, Saudi Arabia, Kuwait and Maldives. Scheduled international flights from other countries remain suspended, though chartered flights for repatriation are permitted from time to time.
While the U.S. and Israeli governments view the new diplomatic ties with the UAE as a success and an additional stabilizing force in the Middle East, the Palestinian people view it as another nail in the coffin as they struggle to be recognized as a nation: 137 countries in the United Nations recognize Palestine as a […]
Relations between the U.S. and Iran remain at a low ebb following years of tensions under Trump. Iran has been put under extensive U.S. sanctions following Trump’s withdrawal from the Joint Comprehensive Plan of Action—colloquially known as the Iran nuclear deal—and the president will almost certainly be unable to secure a new deal before the […]
The peace agreement reached between Israel and the United Arab Emirates has formalised the thaw in Arab-Israeli relations that has been under way for a few years. As part of the deal announced by U.S. President Trump on Thursday, the UAE would recognise the state of Israel and establish formal diplomatic relations, while Israel would […]
“The indictment and arrest of Shaikh Faisal nearly three years ago put a stop to the prolific, radical Islamic propaganda and terror recruitment alleged in this case – delivering a major blow to ISIS’ overall recruitment capabilities,” Vance said in a statement Friday. “Now, Shaikh Faisal has finally appeared in a Manhattan courtroom to face justice […]
Iranian officials have regularly voiced their support for the protest movement in the U.S., while simultaneously suppressing anti-government dissent at home. Earlier this month, authorities throttled internet access to try and stop viral demands for an end to executions in the country after several anti-government protesters were sentenced to death.
“We are aware of the Iranian exercise involving attacking a mock-up of a vessel similar to a motionless aircraft carrier,” Fifth Fleet spokesperson Navy Commander Rebecca Rebarich said in a statement sent to Newsweek. “The U.S. Navy conducts defensive exercises with our partners promoting maritime security in support of freedom of navigation; whereas, Iran conducts […]