US President Donald Trump has approved a 30-year civilian nuclear cooperation agreement with Saudi Arabia that could eventually allow the kingdom to enrich uranium for its nuclear energy programme under a modified oversight framework, CNN reported, citing two US officials and a source familiar with the matter.
US President Donald Trump on Tuesday abandoned a proposal to impose a 20% transit fee on cargo shipping through the Strait of Hormuz, saying Washington would instead pursue trade and investment agreements with Gulf states amid escalating tensions with Iran.
The Gulf faced a fresh escalation on Monday as US President Donald Trump announced the immediate reinstatement of a blockade targeting Iranian shipping in the Strait of Hormuz and proposed a 20 per cent charge on all cargo transiting the strategic waterway, intensifying a growing war of nerves between Washington and Tehran over one of the world's most critical energy chokepoints.
US President Donald Trump said on Tuesday Iran had shot down a US Apache helicopter in the Strait of Hormuz and vowed to respond, deepening doubts about prospects for peace between the two countries. Two US pilots involved in the incident were uninjured, said media reports.
Israel launched strikes against military targets in western and central Iran early Monday, defying reported calls from US President Donald Trump for Prime Minister Benjamin Netanyahu to refrain from retaliatory action following an Iranian missile attack on Israel.
Conflicting messages from Washington and Tehran on Monday deepened uncertainty over the future of US-Iran negotiations, leaving markets and regional observers struggling to gauge whether weeks of diplomatic engagement are moving toward a breakthrough or drifting toward collapse.
US President Donald Trump has signed a proclamation amending his national security tariffs on some aluminum, steel and copper imports, effective until December 31, 2027. It lowers tariffs on some steel and aluminum derivative products, including certain types of residential HVAC equipment.
US President Donald Trump said the United States could restart the war or become the "guardian of the Middle East" and receive 20% of the region's revenues if Iran fails to reach an acceptable agreement on its nuclear programme.
US President Donald Trump on Thursday said he had cancelled planned military strikes against Iran after negotiations reached what he described as the highest levels of Iran's leadership, raising hopes of a breakthrough agreement that could end days of fighting and reopen the Strait of Hormuz.
President Donald Trump on Wednesday said the US would strike Iran again if no peace deal is secured, threatening further escalation following one of the most significant exchanges of hostilities in two months. Trump has repeatedly said a deal is close, though there has been no sign of a breakthrough.
