Iran says may allow US inspectors from nuclear watchdog if deal reached

Iran says may allow US inspectors from nuclear watchdog if deal reached

Iran on Wednesday said it may consider allowing US inspectors with the United Nations nuclear watchdog to inspect its facilities if a deal is reached with the United States. Iran has long been accused by Western powers of seeking to develop nuclear weapons, a claim Tehran has consistently denied, insisting its nuclear programme is solely … Read more

US-China trade talk optimism drives oil prices to weekly gains

US-China trade talk optimism drives oil prices to weekly gains

Oil prices settled nearly 2% higher on Friday and notched their first weekly gains since mid-April as a U.S. trade deal with the United Kingdom turned investors optimistic ahead of talks between top officials from Washington and Beijing. Brent crude futures rose $1.07, or 1.7%, to settle at $63.91 a barrel, while U.S. West Texas … Read more

UN: Iran increasing uranium enrichment purity, quantities

UN: Iran increasing uranium enrichment purity, quantities

The UN’s atomic watchdog says its inspectors have confirmed that Iran has started enriching uranium up to 20 per cent purity, a technical step away from weapons-grade levels. It’s the latest in a string of violations of the 2015 nuclear deal with world powers. The International Atomic Energy Agency reported in a confidential document distributed … Read more

Iran urges Biden to lift sanctions affecting medicines as it fights COVID-19

Iran urges Biden to lift sanctions affecting medicines as it fights COVID-19

DUBAI: Iran urged U.S. President Joe Biden on Tuesday to lift sanctions which it said were hampering Tehran’s fight against the COVID-19 pandemic. Tehran also said it had approved Russia’s Sputnik V coronavirus vaccine for domestic use, and that it was trying to buy vaccines from AstraZeneca and other companies. Sanctions reimposed by former U.S. … Read more