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Iran's oil industry nears point of no return

Iran's oil industry nears point of no return

Washington believes that as part of the ongoing talks with Iran, another proposal will soon be placed on the table, one much closer to the US terms. US officials say that within 10 days, Iran will be forced to stop production at some of its oil fields, and within three weeks, nearly all oil production will stop.

Why does everyone want to be Syria's ally?

UAE withdraws from global oil exporters' organization

“The decision is in line with the country’s long-term strategic and economic vision,” the statement said, in a move expected to affect the entire oil market. For decades, the country played a role in the organization led by oil giants Saudi Arabia, Iran, Iraq, Kuwait and Venezuela.

Report: Trump likely to reject Iranian proposal

Report: Trump likely to reject Iranian proposal

Tehran proposed a plan that would include reopening the Strait of Hormuz while postponing questions related to its nuclear program for separate negotiations at a later stage. According to US officials, reopening the strait without resolving the issue of Iranian uranium enrichment and Iran’s stockpile of enriched uranium near weapons-grade level is a key bargaining chip that the US will not easily give up.

US rejects Iran's ceasefire request

Trump to weigh Iran strike options as talks with Tehran stall

President Donald Trumpis expected to meet with senior officials amid the deadlock with Tehran to discuss all available options to the US going forward. "If they ⁠want to talk, they ​can come to us, or ​they can call us. You know, there is a telephone. We have ​nice, secure lines," the president said.

Who really runs Iran?

New rift inside Iran's regime

While the Iranian security establishment is advancing a “Pro Internet” plan for insiders only, those close to President Pezeshkian are making clear it is a decision that contradicts government policy. The economic damage is soaring, 1 million citizens have lost their jobs and the split at the top of the regime in Tehran grows.