Iraq warns of whopping $300 per barrel oil prices

The escalating conflict in the Middle East could send the commodity skyrocketing – Foreign Minister Escalating tensions in the Middle East and a potential closure of the Strait of Hormuz could drive oil prices up to $300 per barrel, Iraqi Foreign Minister Fuad Hussein warned during a phone conversation with German Foreign Minister Johann Wadephul….

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Trump warns Iran against attacking

Tehran will face “the full strength and might of the US Armed Forces” if it targets American assets, the president has warned US President Donald Trump has warned Tehran of retaliation “at levels never seen before” if it decides to attack America in any way amid the escalation between Iran and Israel. On Saturday, Fars…

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Israel asked US to join it in attacking Iran – Axios

West Jerusalem has requested assistance targeting the Fordow nuclear site, according to the outlet West Jerusalem has asked the White House to take part in its military campaign against Iran in order to eliminate Tehran’s nuclear program, according to two Israeli officials cited by Axios. Several above-ground facilities in Iran, including sites in Natanz and Esfahan,…

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Iran to roll back cooperation with UN nuclear watchdog

Tehran accuses IAEA of failing to condemn Israeli strikes Iran will limit its cooperation with the International Atomic Energy Agency (IAEA) over what it calls the agency’s “silence” on Israeli strikes, Iranian Deputy Foreign Minister Kazem Gharibabadi said. Israeli jets bombed nuclear and military facilities in Iran on Friday morning in what West Jerusalem described…

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Iran-Israel conflict could help Russia mitigate sanctions – EU state’s president

Lithuania’s Gitanas Nauseda says Moscow stands to benefit from rising oil prices The outbreak of open hostilities between Israel and Iran could benefit Russia by pushing up global oil prices and drawing international attention away from Ukraine, Lithuanian President Gitanas Nauseda has claimed. Speaking to reporters at the parliament building in Vilnius on Saturday, Nauseda…

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