General

European Natural Gas Prices Surge Amid Hormuz Strait Tensions

Amsterdam: European natural gas prices rose sharply on Monday after Iran reversed its decision on reopening of the Strait of Hormuz. At the Amsterdam exchange, the benchmark TTF one-month forward contract climbed nearly 6% to pound 41.02 ($48.26) per …

Iran Denies Plans for New Negotiations with the US

Tehran: Iran has confirmed that no new round of negotiations with the United States is currently planned, as stated by a Foreign Ministry spokesman on Monday. “No decision has been taken in this regard,” spokesman Esmail Baghai announced during a pres…

Trump Claims New US-Iran Deal Will Surpass 2015 JCPOA Agreement

Washington: President Donald Trump has declared that a new nuclear agreement currently being negotiated between the United States and Iran will exceed the terms of the 2015 Joint Comprehensive Plan of Action (JCPOA). In a social media post on Monday, …