Iran crude exports through Hormuz stall for first time on record - Reuters
4 hours ago
Iran has gone about seven weeks without shipping significant crude exports through the Strait of Hormuz for the first time on record, as a US naval blockade cuts off one of Tehran’s main sources of foreign-currency earnings, Reuters reported on Tuesday.
Since the United States reinstated its blockade on July 14, no Iranian crude cargoes have successfully passed through the strait to China, Tehran’s only major remaining oil customer, the Reuters report said, citing data from Kpler, Vortexa and TankerTrackers.com.
Trump dismisses Iran deal after Tehran pushes return to Islamabad memorandum
4 hours
Hours after Tehran called on Washington to return to the Islamabad memorandum, President Donald Trump dismissed the value of any agreement with Iran, ordered massive strikes on southern Iran and threatened an even larger attack if Tehran retaliates.
Trump told Fox News on Tuesday that he had given Iran “a lot of chances” and said he had little faith in any agreement with Tehran.
“I think an agreement with them isn't worth the paper it's written on. We gave them a lot of chances,” Fox News quoted him as saying.
His remarks came as President Masoud Pezeshkian said Iran would respond immediately if the United States returned to its commitments under the June agreement, reinforcing Tehran’s position that the memorandum remains the principal route back to diplomacy.
However, Parliament Speaker and chief negotiator Mohammad-Bagher Ghalibaf struck a harder tone in a video message the same day, saying Iran’s policy, based on Supreme Leader Mojtaba Khamenei’s directive, was to secure implementation of the memorandum’s conditions.
“If the United States does not fulfill its commitments, we will force it to do so through the language of power,” Ghalibaf said.
He said the Strait of Hormuz would not reopen until Washington implemented its obligations under the agreement and described forcing the United States to comply as what would become its “third defeat.”
Ghalibaf also warned that Iran would respond militarily if Washington intensified its maritime blockade.
“If the enemy intends to prevent Iran from exporting oil from the Persian Gulf, it should know that no one else will be able to export oil from this region either,” he said.
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https://www.iranintl.com/en/202609016844