EghtesadOnline: Foreign Minister Mohammad Javad Zarif traveled to Doha on Monday to meet Qatar's Emir Sheikh Tamim bin Hamad Al Thani and his counterpart amid rising tensions in the Persian Gulf.
EghtesadOnline: In an apparent tit-for-tat move, South Korea said Monday it will remove Japan from its "whitelist" of trusted trade partners, an act that risks further exacerbating tensions between the two US allies.
EghtesadOnline: While the US pressures on Iran’s economy has escalated now more than ever by imposing harsh sanctions against the Islamic Republic, commercial exchanges between the two countries is gradually coming to a halt.
EghtesadOnline: Baghdad would benefit greatly from de-escalation of tensions between Tehran and the West, and the Iraqi premier's recent visit to Iran was apparently aimed at achieving this goal, a political analyst said.
EghtesadOnline: Japan will continue importing crude oil from the Middle East despite escalating tensions in the Strait of Hormuz, but will also make efforts to diversify supply sources, Minister of Economy, Trade and Industry Hiroshige Seko said Tuesday.
EghtesadOnline: The International Energy Agency is "significantly" concerned about geopolitical tensions, including in the Strait of Hormuz, but oil markets are currently well supplied and unlikely to see "huge price increases for now," the head of the agency said Friday.
EghtesadOnline: London would be resolute in defending its maritime interests in the Persian Gulf, but it does not want to escalate the situation with Iran, a British security source said on Thursday, after the United Kingdom claimed three Iranian vessels had tried to block the passage of a British tanker but backed off.
EghtesadOnline: Tehran said on Monday it welcomes an easing of tensions in the Persian Gulf, while dismissing the impact of any new US sanctions and efforts to form anti-Iran coalitions.
EghtesadOnline: OPEC said that international trade tensions are hurting demand for oil, slashing its estimates for consumption earlier in the year and predicting further challenges ahead.
EghtesadOnline: The Japanese prime minister's visit to Tehran is an opportunity for easing the current crisis caused by tensions between Iran and the United States, a political analyst said.