
US-Iran war Highlights: Beijing rejected on Monday "groundless" reports that Chinese entities supplied Tehran with satellite images of a military base housing US troops in Jordan, before and after an Iranian strike killed three American soldiers.
Oil prices jump amid renewed attacks
Oil prices rose more than 3% on Monday, after new Houthi strikes on Saudi Arabia and Iranian attacks on ships in the Gulf compounded supply concerns following the closure of a key Saudi oil pipeline.
Shipping traffic in the Strait of Hormuz falls to single digit
Commodity vessel transits through the Strait of Hormuz fell to a single digit per day at the weekend, preliminary ship-tracking data showed on Monday, well below a 10-day average of 14.
Trump dismisses report that China helped Iran in attacking US base in Jordan
US President Donald Trump on Sunday (local time) dismissed a report that accused Tehran of acquiring Chinese satellite images of a base in Jordan before they carried out an attack that killed three US troops in July. According to The Wall Street Journal, unnamed US officials confirmed the development in the July attack, to which Trump responded, "They basically do what we do," he told reporters aboard Air Force One. "When they say China spies on us, I say you're right, and we spy on them too," he added. The US President's comments come ahead of his meeting with his Chinese counterpart Xi Jinping, scheduled to take place later this month.
Oman postpones meeting with Iran on Hormuz deal
Diplomacy in the Middle East seems to be faltering as a proposed meeting between Iran and other Persian Gulf powers over the Strait of Hormuz proposal was postponed, while fresh attacks around the region's two most important oil transit routes deepened concern over global energy supplies. Hopes for a diplomatic breakthrough in the near term faded after Oman's Foreign Minister, Sayyid Badr Albusaidi, late Sunday posted that a regional meeting scheduled for Monday is postponed "in the interests of consensus." The postponement came after Saudi Arabia decided to shut down, at least for now, its pipeline that has served as the main route for Middle East oil bypassing Hormuz.
Oil jumps as Saudi shuts pipeline
Oil advanced after Saudi Arabia shut a major crude pipeline following attacks, disrupting a route that’s been used to bypass the Strait of Hormuz during the US-Iran war and deepening a global energy crunch. Brent rose as much as 3.6 per cent to above $108 a barrel, before paring gains, while West Texas Intermediate was near $103. Saudi Arabia said late on Friday that it had halted the East-West pipeline as a precaution after attacks the previous day. There’s been no indication of when operations will resume. Crude has rallied by more than three-quarters this year, as the US-Iran conflict spread across the region, curtailing exports and pitching shipping markets into disarray. On the demand front, meanwhile, a recent uptick in buying by China, the world’s largest crude importer, has also helped to push prices higher.
Iran's nuclear chief unlikely to attend IAEA General Conference
Iran's Atomic Energy Organisation chief is unlikely to attend the annual gathering of the UN nuclear watchdog's member nations in Vienna for the first time in years because he is banned from international travel. Mohammad Eslami's exclusion from the IAEA conference is another sign of rapidly deteriorating relations between Iran and the West. The United States and Iran have resumed fighting, on and off, after a fragile ceasefire collapsed in July.
Yemen's Iran-aligned Houthis launched a new attack on Saudi Arabia on Monday and Gulf Arab states postponed planned talks with Iran, underscoring fears that the Middle East conflict could spread further and threaten global oil supplies.
U.S. President Donald Trump said Iran wanted to reach a deal with Washington, signalling a possible diplomatic opening despite the widening regional tensions.
"The failing Nation of Iran wants to make a deal, quickly and badly. I will determine whether or not the U.S.A. will choose to engage - The concept of which we are open to," Trump wrote on Truth Social.
The Houthis said on Monday that Saudi Arabia targeted Yemen with 54 strikes over 24 hours, as the Iran-backed group made rapid gains on the Red Sea coast.
"The Saudi criminal air force conducted 54 airstrikes over the past 24 hours using F15 and Typhoon aircraft that took off from the enemy Saudi bases," the Houthis' military spokesman Yahya Saree told news agency AFP.
Prime Minister Benjamin Netanyahu warned on Monday of heavy reprisals on Israel's enemies if they attacked, as he lauded the recent demolition of a Hezbollah tunnel network in southern Lebanon.
Netanyahu said Israel's destruction of Hezbollah positions at the Beaufort and Ali al-Taher ridges was a "massive victory" and vowed to "continue to destroy terrorist infrastructure".
"I say to our enemies: If you haven't learned the lesson by now, and you choose to attack us again, you will suffer even heavier blows. There is still work to complete," Netanyahu added, according to a video published by his office.
A Palestinian has died from injuries sustained in an Israeli airstrike west of Gaza City, according to a source at al-Shifa Hospital cited by Al Jazeera.
President Donald Trump said on Monday that Iran wants to make a deal and he will decide whether the U.S. will engage in that effort.
"The failing Nation of Iran wants to make a deal, quickly and badly. I will determine whether or not the U.S.A. will choose to engage - The concept of which we are open to," Trump wrote on Truth Social.
Saudi Arabia pushed back against concerns over its ambition to build a nuclear power industry and enrich uranium, signaling that its approach was not comparable to Iran’s.
The Gulf nation wants to have access to the entirety of the nuclear fuel cycle — a series of industrial processes from uranium mining to the disposal of nuclear waste — but intends to do it transparently and alongside international monitors, Saudi Arabian Energy Minister Prince Abdulaziz bin Salman said Monday.
“The kingdom follows a clear approach founded on transparency, openness and international cooperation,” he said at the International Atomic Energy Agency annual conference in Vienna. “It does not seek to develop its peaceful nuclear program in isolation from the international community nor through activities conducted in secrecy or in facilities concealed deep within mountains.”
(Bloomberg)
Oil and gas prices rose on Monday after Saudi Arabia shut down a key east-west oil pipeline following a series of drone attacks. Brent crude rose by around 3% to $108 a barrel on Monday morning, The Independent reported.
Etihad Airways' passenger-carrying capacity is higher than a year ago, its chief executive said on Monday, as Gulf carriers recover from disruption to airlines at the start of the U.S.-Israeli war on Iran that has affected this year's revenue.
At Abu Dhabi-based Etihad, available seat kilometres — the industry's standard measure of passenger-carrying capacity — is 15% to 17% higher than a year ago, Reuters reported.
For nearly two days, injured and alone in hostile territory, a US Air Force colonel hid in the mountains of Iran as enemy forces closed in around him. Read more
A crucial Saudi oil pipeline that was struck in an attack last week will mostly be out of service for weeks as the damage is repaired, two regional officials told The Associated Press on Monday, as Yemen's Houthi rebels seized more islands dominating key Red Sea shipping routes in new blows to Saudi Arabia's oil exports.
Eleven people were injured after an ammonia gas leak at the Aqaba Industrial Complex in Jordan, Al Mamlaka TV reported.
Iran on Monday condemned the exclusion of the head of its Atomic Energy Organization from the annual gathering of the United Nations nuclear agency in Vienna saying that it constitutes “a serious breach” of Tehran's rights as a member nation, AFP reported.
US Energy Secretary Chris Wright on Monday said the United States opposed the Iranian nuclear agency head attending an annual conference of the UN nuclear watchdog, AFP reported.
"He's a sanctioned individual and we don't want sanctioned individuals evading their sanctions. He asked for a waiver of the sanctions and it was denied," Wright told reporters in Vienna, the seat of the International Atomic Energy Agency (IAEA).
An Iranian atomic official on Monday accused the United States of "malicious" behaviour and "bullying" after Tehran said US officials had blocked it from a conference of the UN's nuclear energy agency.
"The denial of access to the general conference is something that is creating a precedent which is going to affect everybody. And that is why we must resist such bullying political pressure," Behrouz Kamalvandi, a senior official from Iran's atomic energy agency (AEOI), told AFP.
"One cannot interpret this latest malicious act of the US administration (as) anything more than a childish type of behaviour."
Yemen’s Houthi rebels have seized the strategic islands of Greater and Lesser Hanish in the southern Red Sea, bolstering the Iranian-backed rebels' ability to control a key maritime shipping route.
Meanwhile, Iran says Saudi Arabia was behind Oman’s decision to postpone a meeting bringing together Iran with other regional countries to discuss the Strait of Hormuz.
Yemen's Houthis launched a fresh barrage of missile and drone attacks on Saudi military targets on Monday, as Iran denied any involvement in the country's revived civil war.
A meeting between Iran and several Gulf Arab nations over a temporary shipping lane through the Strait of Hormuz was postponed, Bloomberg reported.
Beijing rejected on Monday "groundless" reports that Chinese entities supplied Tehran with satellite images of a military base housing US troops in Jordan, before and after an Iranian strike killed three American soldiers.
Yemen’s Houthi rebels captured more strategic islands in the southern Red Sea, Yemeni government and Houthi officials said on Monday, strengthening their control of a major maritime shipping route.
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