US President Donald Trump said on Wednesday that the interim agreement between the United States and Iran aimed at ending weeks of hostilities was effectively "over," following a sharp escalation in military exchanges across the Gulf that has further rattled global energy markets and disrupted shipping through the Strait of Hormuz.
US President Donald Trump has threatened "major military punishment" against Iran and Yemen's Houthi movement after two Saudi oil tankers were attacked in the Red Sea, as fears of a widening threat to global shipping pushed oil prices above $100 a barrel for the first time since May.
US President Donald Trump has thrown the future of a newly signed civilian nuclear cooperation agreement with Saudi Arabia into uncertainty by declaring that it will take effect only if the kingdom normalises relations with Israel, a condition that was not publicly attached to the deal when it was signed.
Concerns over the security of global shipping lanes intensified on Thursday after Yemen's Iran-backed Houthi movement claimed attacks on two Saudi oil tankers in the Red Sea, while US President Donald Trump warned he would retaliate against any Iranian attempt to target commercial vessels transiting the Strait of Hormuz.
US President Donald Trump has approved a 30-year civilian nuclear cooperation agreement with Saudi Arabia that could eventually allow the kingdom to enrich uranium for its nuclear energy programme under a modified oversight framework, CNN reported, citing two US officials and a source familiar with the matter.
US President Donald Trump on Tuesday abandoned a proposal to impose a 20% transit fee on cargo shipping through the Strait of Hormuz, saying Washington would instead pursue trade and investment agreements with Gulf states amid escalating tensions with Iran.
The Gulf faced a fresh escalation on Monday as US President Donald Trump announced the immediate reinstatement of a blockade targeting Iranian shipping in the Strait of Hormuz and proposed a 20 per cent charge on all cargo transiting the strategic waterway, intensifying a growing war of nerves between Washington and Tehran over one of the world's most critical energy chokepoints.
US President Donald Trump said on Tuesday Iran had shot down a US Apache helicopter in the Strait of Hormuz and vowed to respond, deepening doubts about prospects for peace between the two countries. Two US pilots involved in the incident were uninjured, said media reports.
Israel launched strikes against military targets in western and central Iran early Monday, defying reported calls from US President Donald Trump for Prime Minister Benjamin Netanyahu to refrain from retaliatory action following an Iranian missile attack on Israel.
Conflicting messages from Washington and Tehran on Monday deepened uncertainty over the future of US-Iran negotiations, leaving markets and regional observers struggling to gauge whether weeks of diplomatic engagement are moving toward a breakthrough or drifting toward collapse.
