WASHINGTON—The United States imposed sanctions on Tuesday on more than a dozen people and entities in China, Hong Kong, and Iran, including Iran’s defense attache in Beijing, over accusations they helped procure parts and technology for key actors in Iran’s ballistic missile development. Earlier on Tuesday, the official IRNA news agency reported the Iranian regime…
US Slaps Sanctions on Iranian, Chinese Targets Over Tehran’s Missile, Military Programs
June 7, 2023
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Car Bombing in Northeast Afghanistan Kills Local Official and His Driver, Wounds 10 People
KABUL, Afghanistan—A car bombing in Afghanistan’s northeast on Tuesday killed a provincial deputy governor and his driver, a local official said. Ten people were also wounded in the blast. No one immediately claimed responsibility for the bombing in the city of Faizabad in Badakhshan Province. The deputy governor, Molvi Nisar Ahmad Ahmadi, was wounded in…
Iran’s Embassy Reopens in Saudi Arabia for First Time in 7 Years
RIYADH -Iran officially reopened its embassy in Saudi Arabia on Tuesday, a Reuters witness said, following a deal to re-establish ties and ease a long rivalry that fuelled conflicts across the Middle East. A ceremony was held inside the embassy’s compound with dozens of diplomats and officials attending the reopening of the diplomatic mission for…
Crude Oil Prices to Rise in 2023, 2024 Amid Tighter Supplies: EIA
Crude oil prices will be higher in 2023 and 2024 as global supplies become tighter, the U.S. Energy Information Administration (EIA) predicted in its latest Short-Term Energy Outlook (STEO). The EIA forecasts that the average spot price for Brent, the international benchmark for global oil prices, will be $79.54 per barrel this year, up 1.1…
China, Iran, and Russia ‘Working Closely Together’ to Undermine US: Experts
June 6, 2023
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The authoritarian regimes of China, Iran, and Russia are increasingly coordinating as a unified power bloc, according to several experts. All three powers seek to undermine the United States and reshape the international order in their own image, according to Andrea Kendall-Taylor, a senior fellow at the Center for a New American Security (CNAS) think…
Iran Presents Its First Hypersonic Ballistic Missile, State Media Reports
DUBAI—The Iranian regime presented what officials described as its first domestically-made hypersonic ballistic missile on Tuesday, the official IRNA news agency reported, an announcement likely to heighten Western concerns about Tehran’s missile capabilities. Iranian state media published pictures of the missile named Fattah at a ceremony attended by President Ebrahim Rahisi and commanders of Iran’s…
Iranian Attack Boats Harrassed Merchant Ship in Hormuz Strait: US Navy
A trio of armed Iranian speedboats swarmed around a merchant vessel sailing through the Strait of Hormuz on Sunday, according to the U.S. Navy. At around 4:56 p.m. local time, the unnamed merchant ship sent out a distress signal and reported the three “fast-attack craft with armed personnel” had begun following them at a close…
US, Israel Will Work to Prevent Iran From Getting Nuclear Weapons: Blinken
Ties between the United States and Israel remain “ironclad,” and the two nations will work to prevent Iran from gaining a nuclear weapon, according to America’s top diplomat. The security and prosperity of the United States and Israel are fundamentally intertwined, said Secretary of State Antony Blinken, and providing robust economic and security assistance to…
Nvidia to Build Israeli Supercomputer as AI Demand Soars
JERUSALEM—Nvidia Corp. said it was building Israel’s most powerful artificial intelligence (AI) supercomputer to meet soaring customer demand for AI applications. Nvidia, the world’s most valuable listed chip company, said on May 29 the cloud-based system would cost hundreds of millions of dollars and be partly operational by the end of 2023. Gilad Shainer, a…
Saudi Arabia to Cut Oil Production by 1 Million Barrels per Day to Boost Prices
June 4, 2023
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The Organization of the Petroleum Exporting Countries (OPEC) and its partners, known as OPEC+, showed their commitment to higher oil prices in their meeting on June 4, with Saudi Arabia announcing additional output cuts and some other members extending their voluntary cuts until the end of 2024. Following their meeting in Vienna, OPEC+ members extended…
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