Newzsanctions set to be announced would not bring peace to the region.Meanwhile, Israeli and Syrian officials met less than a week after Israeli strikes in Syria.The Palestinian American whose home in the West Bank was besieged by Israeli settlers earlier this month said he still worried they could attack his home after Israel's military withdraws.Here’s a look at the latest developments in the Iran war and the wider Middle East on Monday. Full coverage can be found here.Iran threatens response ahead of US sanctions announcementIran’s Foreign Ministry spokesperson on Monday warned that Tehran would respond harshly to expanded U.S. sanctions, including measures against countries it sees as cooperating with Washington.“Any escalation of this situation will undoubtedly bring about consequences,” Esmail Baghaei said.
“Our hands are not tied.”The prospect of expanded sanctions and Iran’s threat to respond come after weeks of impasse, with the United States having not yet dislodged Iran’s grip on shipping through the Strait of Hormuz. Iranian attacks and threats have severely hampered traffic through the waterway, through which a fifth of the world’s traded oil passed before the war started nearly six months ago.Iran has maintained its demands for reopening the strait — including lifting the U.S. forces from the region and reparations for damages it sustained throughout the war.
It has held separate talks with neighboring Oman on jointly managing the waterway regardless of whether a new deal is brokered with the U.S.Sanctions have historically raised the prices of basic goods in Iran, but after years withstanding them, Iran’s economy has adapted through finding new trading partners and building domestic industries.Ahead of the expected announcement, the country's currency hit a record low on Monday, with traders anticipating higher prices if tighter sanctions further restrict Iran’s export capacity.Israeli and Syrian officials meet following an Israeli airstrikeSyrian Foreign Minister Asaad al-Shibani met over the weekend with a high-level Israeli delegation in Jordan to try to defuse tensions after Israel last week struck an air base in northern Syria, Syrian state news agency SANA reported Monday.The U.S.-mediated discussions on Sunday focused on restarting negotiations for a future security agreement between t… sanctions set to be announced would not bring peace to the region. Meanwhile, Israeli and Syrian officials met less than a week after Israeli strikes in Syria.
The Palestinian American whose home in the West Bank was besieged by Israeli settlers earlier this month said he still worried they could attack his home after Israel’s military withdraws. Here’s a look at the latest developments in the Iran war and the wider Middle East on Monday. Iran threatens response ahead of US sanctions announcement Iran’s Foreign Ministry spokesperson on Monday warned that Tehran would respond harshly to expanded U.S.
“Any escalation of this situation will undoubtedly bring about consequences,” Esmail Baghaei said. Iran has maintained its demands for reopening the strait — including lifting the U.S. Sanctions have historically raised the prices of basic goods in Iran, but after years withstanding them, Iran’s economy has adapted through finding new trading partners and building domestic industries.
Ahead of the expected announcement, the country’s currency hit a record low on Monday, with traders anticipating higher prices if tighter sanctions further restrict Iran’s export capacity. Israeli and Syrian officials meet following an Israeli airstrike Syrian Foreign Minister Asaad al-Shibani met over the weekend with a high-level Israeli delegation in Jordan to try to defuse tensions after Israel last week struck an air base in northern Syria, Syrian state news agency SANA reported Monday. The U.S.-mediated discussions on Sunday focused on restarting negotiations for a future security agreem…
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