Oil prices fall to a one-week low as traders shrug off the latest US sanctions threat against Iran, viewing economic pressure as posing less risk to oil supplies than a military escalation.
🚨🇮🇷 Local reports show Iran’s largest commercial port, Shahid Rajaee, which handles roughly 80% of Iran’s container traffic, is nearly empty - a devastating sign that the Islamic Republic’s economic arteries are being choked.
Hillary Clinton on Israel:
There should be no doubt in anyone’s mind how seriously Netanyahu has damaged, first and foremost, Israel, and second, the perception that people not just in the U.S. but around the world have of Israel.
That has to be repaired.
The US dollar reached a record 2.054 million rials in Iran’s open market on Tuesday as the country’s currency continued to lose value, according to the latest available rates.
The euro was quoted at 2,394,000 rials, while the British pound reached 2,798,900 rials and the UAE dirham 564,400 rials.
.@SecScottBessent: "Let me be clear: any entity that facilitates money laundering on behalf of Iran will be removed from the U.S. Dollar system. The clock just started ticking."
🚨 The head of the IRGC has been singled out for a $10 million reward by the United States.
IRGC Commander-in-Chief Ahmad Vahidi is among five senior commanders targeted by the U.S. State Department’s Rewards for Justice program for information leading to their identification or location.
The U.S. says these commanders oversee IRGC elements that “plan, organize, and execute terrorism around the world,” including attacks against U.S. personnel and critical infrastructure.
Vahidi is joined by senior figures overseeing military operations, drones, cyber warfare and intelligence.
Qualifying informants may also be offered relocation assistance.
The U.S. is effectively putting multimillion-dollar bounties on the Islamic Republic’s senior military leadership while offering potential informants a way out.
Make no mistake: The Iranian regime is sending a message that it can make life in the West extremely difficult unless America backs down. This kind of episode demonstrates exactly why it cannot be allowed to succeed.
Andy Burnham to Ukraine:
We are with you in this struggle all the way, heart and soul. As prime minister, I'm with you personally.
What I see before me today is an unbroken country.
President Volodymyr Zelenskiy made a defiant speech to mark Independence Day, saying Ukraine wants peace but will not just surrender to Russia at any price https://t.co/ORJMnfyytC
Zelensky on Putin:
China can no longer remain silent when someone dresses up in a sailor suit and military cap and, badly pronouncing certain words, talks about a nuclear strike.
China must respond. It must cool this fervor. China must prove its ambition to be one of the world’s leaders — not only economically and technologically, but also civilizationally — by making it clear that no dictator has the right to threaten the planet with his old nuclear warheads.