LAGOS MAY 23RD (NEWSRANGERS)-Oil prices abruptly reversed course Thursday afternoon, turning from gains to losses on news that the US and Iran may be only hours away from announcing terms for peace negotiations. Futures on Brent crude (BZ=F), the international benchmark, fell 2.6% to trade around $102.30 per barrel after gaining as much as…
LAGOS MAY 11TH (NEWSRANGERS)-Iranian state television reported that Tehran rejected the U.S. proposal as amounting to surrender, insisting instead on “war reparations by the U.S., full Iranian sovereignty over the Strait of Hormuz, an end to sanctions, and the release of seized Iranian assets.” Washington’s latest proposal addressed a deal to end the war, reopen…
LAGOS MAY 1ST (NEWSRANGERS)-President Donald Trump on Thursday said he is considering removing U.S. military troops from Italy and Spain, due to the country’s lack of assistance during the Iran military conflict. Trump, in the Oval Office, told The Center Square’s Sarah Roderick-Fitch he was “probably” considering removing U.S. military troops. “Why shouldn’t I?” Trump…
LAGOS APRIL 27TH (NEWSRANGERS)— Iran has offered to end its chokehold on the Strait of Hormuz in exchange for the U.S. lifting its blockade on the country and an end to the war, while proposing that discussions on the larger question of its nuclear program would come in a later phase, two regional officials…
LAGOS APRIL 9TH (NEWSRANGERS)-A day after the United States and Iran agreed to a two-week ceasefire, the truce showed signs of strain Wednesday as Iranian leaders accused Americans of violating the agreement and reports emerged that Tehran had moved to restrict traffic through the Strait of Hormuz. The developments tested President Trump’s ability to parlay…
LAGOS MARCH 13TH (NEWSRANGERS)-Iran says no one can exclude it from the World Cup later this year, in response to President Donald Trump’s warning that their “life and safety” would be at risk in the US. The Iranian team also said in the social media post on Thursday that the United States should not…
LAGOS MARCH 13TH (NEWSRNAGERS)-An American military aerial refueling tanker that was involved in the U.S. military operation in Iran crashed in western Iraq on Thursday, according to multiple U.S. officials who spoke to CBS News. Recovery efforts are underway in the area where a Boeing KC-135 Stratotanker crashed. The status of the crew is unknown…
LAGOS MARCH 11TH (NEWSRANGERS)-Iran attacked commercial ships on Wednesday and targeted Dubai International Airport, escalating a campaign of bottling up the oil-rich Persian Gulf as global energy concerns mounted and American and Israeli airstrikes pounded the Islamic Republic. Iran’s response to the surprise Israeli and U.S. bombardment 12 days ago has upended trade routes, choked…