Iran withdraws from US peace deal over blockade, vows full control of Hormuz
However, the latest military exchanges have cast serious doubt over the future of that process. - Ends Published By: Karishma Saurabh Kalita Published On: Jul…
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Summary
Brent crude futures climbed $1.68, or 2 per cent, to $84.98 per barrel, while US West Texas Intermediate crude rose $1.65, or 2.1 per cent, to $79.79 a barrel. Oil prices are now at their highest since the two countries signified a memo of understanding to end the war on 17 June. The June 17 agreement had been intended to pause the conflict for 60 days while both sides worked toward a broader settlement.
Furthermore, The Deputy Foreign Minister said Tehran would enforce its sovereignty over the strait "whatever that costs." Gharibabadi also ruled out any immediate diplomatic engagement with Washington.
Cross-referenced from 3 sources.
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Brent crude futures climbed $1.68, or 2 per cent, to $84.98 per barrel, while US West Texas Intermediate crude rose $1.65, or 2.1 per cent, to $79.79 a barrel.
according to The Independent — WorldOil prices are now at their highest since the two countries signified a memo of understanding to end the war on 17 June.
according to The Independent — WorldThe June 17 agreement had been intended to pause the conflict for 60 days while both sides worked toward a broader settlement.
according to India TodayThe Deputy Foreign Minister said Tehran would enforce its sovereignty over the strait "whatever that costs." Gharibabadi also ruled out any immediate diplomatic engagement with Washington.
according to India Today
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