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Tag Archives: Iran

What to know about UAE exit from OPEC, OPEC+

CAIRO | Xinhua |  The United Arab Emirates (UAE) on Tuesday announced its decision to quit the Organization of the Petroleum Exporting Countries (OPEC) and the wider OPEC+ alliance, effective on May 1, following “a careful look at the regional power’s energy strategies.” Why is the UAE leaving one of …

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Trump extends U.S. ceasefire with Iran

WASHINGTON | Xinhua | U.S. President Donald Trump said Tuesday he will extend the ceasefire with Iran as the current two-week truce is set to expire on Wednesday night. “Based on the fact that the Government of Iran is seriously fractured, not unexpectedly so and, upon the request of Field Marshal …

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As ceasefire nears expiry, what divides Iran and U.S.?

TEHRAN | Xinhua | With a fragile U.S.-Iran ceasefire nearing its expiry, uncertainty once again clouds the outlook for the Middle East. The stop-and-go situation in the Strait of Hormuz — briefly reopened and then shut again by Iran — has added to the volatility. The episode highlights deep-rooted disagreements …

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Trump says Iran war “very close to being over”

WASHINGTON | Xinhua | U.S. President Donald Trump said Wednesday morning that the U.S.-Israeli war with Iran is “very close to being over.” In an interview with Fox Business, Trump also indicated U.S. strikes would continue as long as necessary to prevent Iran from developing a nuclear weapon, repeating threats …

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When fools go to war

COMMENT | FEDERICO FUBINI | Although one might be hard-pressed to find similarities between the wars in Ukraine and Iran, Donald Trump’s April Fools’ Day speech from the White House has brought the parallel into sharper focus. To be sure, Ukraine is a democracy (however imperfect) aspiring to European integration, …

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Energy crisis strengthens case for green transition

VIENNA | Xinhua | The International Vienna Energy and Climate Forum, which concluded over the weekend, marked the first major global energy gathering since the latest U.S.-Israel-Iran tensions, a conflict that erupted on Feb. 28 and sent global energy prices sharply higher amid fears of supply disruptions. Under the theme …

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