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Saudi Aramco attacks: What we know so far

WASHINGTON: An attack on Saudi Arabia that triggered the biggest jump in oil prices in almost 30 years was carried out with Iranian weapons, a Saudi-led coalition said yesterday, as President Donald Trump said the US was “locked and loaded”

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Iran tanker heads to Greece, US warns against helping vessel

DUBAI: An Iranian tanker at the centre of an angry confrontation between Iran and Washington sailed for Greece yesterday after it was freed from detention off Gibraltar, as Washington called the release unfortunate and warned Greece and Mediterranean ports against

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US to renew sanctions waivers for five Iran nuclear programmes

WASHINGTON: The US is set to announce this week it will renew sanctions waivers for five Iran nuclear programmes that allow Russia, China and European countries to continue civilian nuclear cooperation with Iran, the Washington Post reported yesterday. President Donald

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US slaps sanctions on Chinese oil buyer over Iran deal

WASHINGTON: The US has sanctioned Chinese state-run energy company Zhuhai Zhenrong Co Ltd for allegedly violating restrictions imposed on Iran’s oil sector, US Secretary of State Mike Pompeo said in a speech yesterday.  “We’ve said that we will sanction any

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US threatens Iran with more ‘isolation, sanctions’ for nuclear expansion

WASHINGTON: US Secretary of State Mike Pompeo yesterday warned that Iran’s move to raise its uranium enrichment concentration would result in ‘further isolation and sanctions’. Earlier in the day, Iran announced that it is raising its uranium enrichment concentration beyond

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G-20 opens with high tensions

World leaders gathered in Japan today for one of the most high-stakes and fractious G20 meetings in years, with a bruising US-China trade war, geopolitical tensions, and climate change on the agenda. The two-day summit in the city of Osaka

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Trump is losing his marbles

PUCHONG: US President Donald Trump is now seen on a war-like rampage, picking up fights with powerful nations on the planet. The first and foremost on his list of enemies is the world’s second largest economy, China. In his bid

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Cyber-attacks on Iran after drone shoot down

WASHINGTON: The United States launched cyber-attacks against Iranian missile control systems and a spy network this week after Tehran downed an American surveillance drone, US media reported on Saturday. US President Donald Trump ordered a retaliatory military strike against Iran

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Trump: I aborted attack on Iran to save lives

WASHINGTON: US President Donald Trump said yesterday he aborted a military strike to retaliate for Iran’s downing of an unmanned US drone because it could have killed 150 people, signalling he was open to talks with Tehran. An Iranian surface-to-air

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Oil prices fall for second day

TOKYO: Oil prices were falling for a second day today, after more signs that global economic growth is being hit by US-China trade tensions, although losses were limited amid tensions in the Middle East after tanker attacks last week. Brent

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