Tehran’s UN envoy says ‘full respect’ of Iran’s rights also key for lasting regional stability
US is being ‘humiliated’ by Iran’s leadership, says Friedrich Merz
The US treasury secretary, Scott Bessent, has said Iran’s oil industry is starting to shut production down because of the American blockade of the strait of Hormuz, the critical shipping channel via which about 20% of the world’s oil and liquefied natural gas is usually transported through.
“Pumping will soon collapse. Gasoline shortages in Iran next,” he added in a post on X.
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