• The price of playing with fire: UAE's economic reckoning

    By Ehsan Etesam

    The price of playing with fire: UAE's economic reckoning

    TEHRAN -- The economic consequences of the war against Iran are beginning to appear in figures that the Emirati leadership can hardly afford to ignore. For a country that has spent decades building its reputation as a regional hub for tourism, trade, investment and international business, the latest economic projections offer a sobering reminder: regional instability comes at a price, and those who help create it are not necessarily spared its consequences.

  • Qalibaf: Iran will not accept prolonged state of neither war nor peace

    Qalibaf: Iran will not accept prolonged state of neither war nor peace

    TEHRAN – Iranian Parliament Speaker Mohammad Baqer Qalibaf has warned that Iran will not allow the current state of neither war nor peace to persist, stressing that an agreement with the United States remains possible if Washington accepts Tehran’s seven reasonable conditions.

  • Iran says IAEA is yielding to US pressure

    Iran says IAEA is yielding to US pressure

    TEHRAN – Iran has warned that any renewed military aggression against the country will be met with a forceful response, while criticizing the International Atomic Energy Agency (IAEA) for a 'biased approach' under US influence, saying the agency’s conduct has undermined its credibility and further strained relations with Tehran.

  • Two tankers explode after hitting naval mines south of Strait of Hormuz

    Two tankers explode after hitting naval mines south of Strait of Hormuz

    TEHRAN – Two oil tankers caught fire and exploded after striking naval mines while attempting to secretly navigate an unauthorized route through the Strait of Hormuz, the Islamic Revolution Guards Corps (IRGC) Navy announced.

  • Iran downs 17th US MQ-1 drone, reports two tankers hit by sea mines east of Hormuz Strait

    Iran downs 17th US MQ-1 drone, reports two tankers hit by sea mines east of Hormuz Strait

    TEHRAN – Iran’s Islamic Revolution Guard Corps (IRGC) has shot down another US reconnaissance and combat drone over the Persian Gulf, while the Iranian Navy has reported that two oil tankers separately caught fire after striking sea mines in a restricted maritime zone east of the Strait of Hormuz.