Oil

Mohebbi’s assertion of Tehran’s responsibility did not touch upon the fact that the IRGC’s oil allocation already tripled last year, security expert Roger Macmillan explained to The Jerusalem Post. 

Mediators have established communications channels to de-escalate any incidents, and technical talks are set to continue, the source, with knowledge of the discussions, added.

At the American Human Rights Week event, Ejei claimed that courts had already issued rulings against American officials “who have committed crimes against our people.”

Ras Tanura hosts the largest refinery in the Middle East, and it is operated by Saudi Aramco, who own the helicopter involved in the incident.

The USGS, using predictive modeling to estimate the death toll, said it would most likely run into the thousands. Some 200 people are currently feared trapped under rubble.

For Iraq, it doesn’t seem to matter if the Kurdistan Region is attacked, because then the region can’t sell oil or provide itself with gas for electricity.

US President Donald Trump said Iran has agreed to allow long-term nuclear inspections, a claim Tehran has rejected, as he also addressed US naval positioning near the Strait of Hormuz.

Washington has issued a 60-day license allowing Iran to resume oil transactions, a step linked to diplomatic talks and already impacting global crude prices.

The license authorizes the production, delivery, and sale of crude oil, petrochemicals, and petroleum products of Iranian origin through August 21.

The United States has not confirmed the number of mines laid by Iran, though a Whitehouse official confirmed to CNBC earlier this month that more than 40 minelaying vessels had been destroyed.