Mojtaba Khamenei, Iran's supreme spiritual and political leader, has ordered that highly enriched uranium stay in the country, Reuters reported on Thursday, citing two sources in the Iranian authorities. This could complicate ongoing peace talks between Washington and Tehran. The price of oil is rising.
The price of American WTI crude oil increased by almost 4%. up to $101 per barrel. The price of the international benchmark, Brent crude oil, increased by about 3%. up to $108
Donald Trump set a condition regarding Iran
President Donald Trump said that dismantling Iran's nuclear program is the main goal of the US-led war.
Trump said earlier this week that — at the request of U.S. Arab allies in the Persian Gulf — he canceled upcoming airstrikes on Iran to give diplomacy more time. Iran and the United States have made little progress toward an agreement since agreeing to a fragile ceasefire last month.
Trump threatened on Wednesday to resume military action if Iran did not provide “100% good answers” in the negotiations, but said he was willing to wait a few more days to allow talks.
“We are ready to move,” Trump told reporters at Joint Base Andrews in Maryland, referring to U.S. military actions. “We need to get the right answers. They would have to be 100 percent good answers.”
Meanwhile, ship traffic through the Strait of Hormuz remains severely disrupted due to Iran's blockade of the sea route, which is a key trade route for global oil supplies.
The International Energy Agency warned on Thursday that the oil market will reach the “red zone” this summer if the Strait of Hormuz is not reopened. Global oil supplies will be depleted as demand increases during the summer travel period, said the head of the International Energy Agency, Fatih Birol.
