Richard Meade, editor-in-chief at the maritime data provider Lloyd’s List, said that he doesn't believe the traffic through the Strait of Hormuz will return to normal before the end of the year.
According to Mehr, Iran’s military declared the closure of the strait as the “first step” in its retaliation against what it deems violations of the US-Iran Memorandum of Understanding.
Pakistan’s Foreign Ministry announced that the talks will begin on Sunday and will be attended by delegations from the US and Iran, as well as mediators from Pakistan and Qatar.
BEHIND THE LINES: Syria remains deeply divided along ethnic lines, with a series of ongoing “cold wars” underway between minority communities and the new Sunni Arab authorities.
The deal would allow Iran to begin by accessing $6 billion currently held in Qatar, specifically for purchases of food, medicine, and other humanitarian goods.
Four senior Iranian sources described how the Islamic Revolutionary Guard Corps was uniquely positioned to capture a large share of any financial rewards that would accrue from sanctions relief.
Iranian Foreign Minister Abbas Araghchi is reportedly planning to join the US delegation on Saturday, a source with knowledge of the matter told Axios.
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US officials claimed that intelligence reports indicate that if Israel continues operations against Hezbollah, it may negatively impact the success of the fragile US-Iran agreement.
The IDF has attacked over 100 Hezbollah targets in Lebanon over the past day, killing dozens of terrorists the military said in a statement Friday.
Araghchi added that the US would be held responsible for any violation of the memorandum of understanding between Iran and the US.
