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AP —Iran has defied international demands to rein in its nuclear program and has increased its stockpile of uranium enriched to near weapons-grade levels, according to a confidential report by the United Nations’ nuclear watchdog seen Tuesday by The Associated Press. Uranium enriched at 60% purity is just a short, technical step away from weapons-grade levels of 90%. The IAEA also estimated in its quarterly report that as of Oct. 26, Iran’s overall stockpile of enriched uranium stands at 6,604.4 kilograms (14,560 pounds), an increase of 852.6 kilograms (1,879.6 pounds) since August. Western diplomats consider censuring IranIran last week offered not to expand its stockpile of uranium enriched up to 60%, during a visit to Tehran by the IAEA chief, Rafael Mariano Grossi. In the past, Iran has responded to resolutions by the IAEA Board of Governors by further enhancing its nuclear program.
Persons: Donald Trump’s, Rafael Mariano Grossi, Grossi, Iran’s, Mohammad Eslami, Abbas Araghchi, Masoud Pezeshkian, , Eslami, Donald Trump Organizations: AP, United Nations, Associated Press, International Atomic Energy Agency, IAEA, Hamas, America, Agency, Governors, Atomic Energy Organization of, Iranian Locations: Iran, Israel, Gaza, Tehran, Iran Iran, Fordow, Vienna ., Atomic Energy Organization of Iran, Vienna, Isfahan
Iran, which is a member of OPEC, is a major player in the global oil market. It's estimated that as much as 4% of global supply could be at risk if Israel targets Iran's oil facilities. For some analysts, the reason crude prices have yet to move even higher is because the oil market is short. watch nowTamas Varga, an analyst at oil broker PVM, told CNBC via email on Thursday that the oil market was pricing in some risk premium given the geopolitical concerns. These fears, however, will be greatly alleviated in [the] coming days unless oil supply from the region or traffic through the Strait of Hormuz are materially impacted," he added.
Persons: Fatemeh, Goldman Sachs, SEB, Jeff Currie, Carlyle, CNBC's, it's, Currie, we've, Amrita Sen, We've, Sen, Joe Biden, Biden, Tamas Varga, " Varga, Benjamin Netanyahu, Masoud Pezeshkian Organizations: Anadolu, Getty, Energy, OPEC, Brent, U.S, West Texas, CNBC, White House, Islamic Revolutionary Guard Corps, Persian, Nurphoto Locations: Isfahan Refinery, Iran, Isfahan, Israel, Swedish, backwardation, bearishness, U.S, Hormuz, Oman, Tehran, Qatar, Persian, Bushehr, Bushehr province
If Israel decides to go that route, it remains an open question what parts of Iran’s oil sector Israel would try to attack. An attack on Iran’s oil industry could drive up oil prices and jolt the global economy. NuclearBiden said this week that the U.S. opposed any strikes on Iran’s nuclear program. Iran denies it has ever sought to build nuclear weapons and says its nuclear program is designed for civilian purposes. A 2015 nuclear agreement between Iran and world powers limited Iran’s nuclear project in return for an easing of economic sanctions.
Persons: Israel, Iran’s, , Monica Alba, Joe Biden, , ” Biden, Fatemeh Bahrami, Nuclear Biden, Benjamin Netanyahu, Donald Trump Organizations: U.S, Energy, NBC News, Persian Gulf, Nuclear, Getty, of Atomic Scientists Locations: Iran, Tehran, Israel, Strait, Hormuz, Persian, U.S, Persian Gulf Star, Bandar Abbas, Fordow, Isfahan, Khondab, Iranian
It comes amid speculation that Israel could be planning to launch a retaliatory attack on Iran targeting its oil infrastructure — a prospect which would likely deliver a rude awakening to bearish energy market participants. Iran, which is a member of the Organization of the Petroleum Exporting Countries (OPEC), is a major player in the global oil market. So much so, it is estimated that as much as 4% of the world's supply could be at risk if Iran's oil infrastructure becomes a target for Israel. That, of course, would add a significant risk premium to oil," Schieldrop said. Situated between Iran and Oman, the Strait of Hormuz is a narrow but strategically important waterway that links crude producers in the Middle East with key markets across the world.
Persons: Bjarne Schieldrop, SEB, Schieldrop Organizations: CNBC, Organization of, Petroleum, Israel Locations: Isfahan Refinery, Iran, Isfahan, Israel, Strait, Hormuz, Oman
It should be a proportional response,” Biden told reporters Wednesday following a virtual call with leaders from the Group of 7 industrialized nations. The administration currently assesses it’s unlikely Israel would target Iran’s nuclear sites, though one senior official said Israel still hasn’t decided on where it might strike. Biden said Wednesday he does not support an Israeli attack on Iranian nuclear facilities. “The answer is no,” he responded when questioned about the prospect of Israel launching a retaliatory strike on sites related to Iran’s nuclear program. “Iran is a destabilizing, dangerous force in the Middle East, and today’s attack on Israel only further demonstrates that fact.”
Persons: Joe Biden, Israel, Biden, , , , Benjamin Netanyahu, , Netanyahu “, Kurt Campbell, ” Campbell, ” Biden, hasn’t, Netanyahu, Antony Blinken, Hashanah, Kamala Harris —, , Harris Organizations: CNN, Israeli, Hamas, West Bank, Hezbollah, Democratic Locations: Israel, retaliating, Iran, Lebanon, “ Iran, Gaza, United States, Isfahan
Oil watchers are now seeing a genuine threat to crude supplies after Iran launched a ballistic missile attack on Israel, escalating conflict in the Middle East. Iranian oil infrastructure may soon become a target for Israel as it considers a countermove, analysts told CNBC. "The Middle East conflict may finally impact oil supply," said Saul Kavonic, senior energy analyst at MST Marquee. "The scope for a material disruption to oil supply is now imminent." Up to 4% of global oil supply is at risk as the conflict now directly envelopes Iran, and an attack or tighter sanctions could send prices to $100 per barrel again, Kavonic added.
Persons: Hassan Nasrallah, Saul Kavonic, Kavonic Organizations: Tuesday, CNBC Locations: Isfahan Refinery, Iran, Isfahan, Israel, East, Iranian, Lebanon, Ukraine
CNN —Iranian dissident rapper Toomaj Salehi had his death sentence overturned by the Iranian Supreme Court this week in what his lawyers have deemed a victory for human rights in Iran. After being briefly released from prison in 2023, Salehi was re-arrested for “making false claims and spreading lies,” according to Iranian judiciary news agency Mizan. On Saturday, his lawyer Amir Raesian broke the news of the reversal in a post on X, saying that the Iranian Supreme Court had “avoided irreparable judicial error” and overturned Salehi’s death sentence this week. The Supreme Court found that the death sentence delivered to Salehi was excessive and failed to comply with Iranian law,” the group said in a statement Saturday. London-based human rights lawyer Caoilfhionn Gallagher who is the international counsel for the Salehi family said it was “not enough” that his life had been “spared” by the Iranian authorities.
Persons: Toomaj Salehi, Salehi, Mahsa, Amir Raesian, , Iran’s, Chambers, Caoilfhionn Gallagher, Gallagher, ” Gallagher, Toomaj, ” “, Richard Branson, , Jemimah Steinfeld, ” Claudia Bennett Organizations: CNN, Iranian, Mizan, UN, Academy, Human Rights Foundation Locations: Iranian, Iran, Isfahan, London’s, London, British
Saeed Abiyar, an adviser to Iran’s Islamic Revolutionary Guards Corps (IRGC) in Syria, died in the attack, Iran’s semi-official Tasnim news agency reported. Israel fired back, a US official told CNN, targeting a major Iranian military airbase near the city of Isfahan. Iran has deployed military advisers to Syria in support of Syrian President Bashar al-Assad since civil war broke out there in 2011. “The era of strategic patience is over,” said Mohammad Jamshidi, deputy chief of staff to the Iranian president. Israel contested this, claiming the target was an Iranian military headquarters.
Persons: Saeed Abiyar, SANA, Israel, Bashar al, Assad, , Mohammad Jamshidi, Monday’s, Trita, Ebrahim Raisi, Hossein Amir, , ” Parsi, Joe Biden, Parsi Organizations: CNN, Islamic Revolutionary Guards Corps, Israel, Israel Defense Forces, Islamic, Washington DC, Quincy Institute, Foreign Locations: Syrian, Aleppo, Israel, Iran, Syria, Damascus, Lebanon, Isfahan, Gaza, Washington, Iranian, Tehran
So in 2016, Badran set up her own tour company, Wander with Nada, to “show a different side of Dubai” to travelers. Her bespoke private tours are designed to suit the interests of each visitor, but her favorite itinerary is Dubai’s “old town,” a group of small neighborhoods around Dubai Creek where the city began and Badran spent her childhood. Badran leads me through the narrow alleys around the Dubai Old Souk, home to stores run by Indian-origin families. Stores in Old Dubai Souk. “Dubai is about opening your mind,” Badran says, “and embracing this diversity that makes it unique.”
Persons: Nada Badran, Badran, , , Nada, Rebecca Cairns, Al Maktoum, Sheikh Mohammed bin Rashid Al Maktoum, Al Talli, There’s, , it’s, ” Badran, Al Shindagha, Al, Djamel Boussaa, ” Boussaa, hasn’t, Rashid Haghaght, Al Karama, ” “ Organizations: CNN, , United Arab Emirates, Dubai, Heritage, UNESCO, Al Shindagha, Trading Locations: Florence, Dubai, The, Arabian, “ Dubai, , Rome, Athens, Edinburgh, UAE, Oman, today’s Iraq, Bani Yas, Al Shindagha, Suadna, South, West Asia, Al, Saudi Arabia, Al Fahidi, Jordan, Deira, Isfahan, Old Dubai, Abu Dhabi, Sharjah, Al Rigga, Souk, Old Dubai Souk, Jebel Ali, Iran, India, China
Rescue teams' vehicles are seen near the site of the incident of the helicopter carrying Iranian President Ebrahim Raisi in Varzaghan in northwestern Iran, on May 19. It has also brought a decades-long shadow war between Iran and Israel out into the open. But the proxy war continues with Iran-backed militias such as Hamas and Hezbollah continuing to fight Israel’s forces. The powers of Iran's president are ultimately dwarfed by those of Supreme Leader Ayatollah Ali Khamenei, who is the final arbiter of domestic and foreign affairs in the Islamic Republic. That means Iran's clerical establishment, headed by Khamenei, must now find a new leader they can throw their support behind against a backdrop of intense regional insecurity and domestic discontent.
Persons: Ebrahim Raisi, Azin, Israel —, Israel, Mahsa, Raisi, Ayatollah Ali Khamenei, , Mohammad Mokhbar —, Khamenei Organizations: Moj News Agency, Hamas, Revolutionary Guards, United Locations: Varzaghan, Iran, Gaza, Israel, Damascus, Iranian, Isfahan, United Nations, Islamic Republic
The incident in the city of Isfahan may force Tehran to upgrade its air defenses, possibly from more advanced Russian systems, to defend itself from the possibility of larger Israeli missile attacks. While Iranian air defenses failed to stop Israel's strike they have hugely improved in recent years. AdvertisementThe S-300PMU-2 is the most advanced air defense system Iran has acquired from Russia. "In practice, this could go either way, depending on the amount of Israeli missiles that would be hypothetically launched and from where." AdvertisementKhoueiry anticipates that early detection by Iranian air defenses could give these Iranian-made systems "more chances" against Israeli missiles.
Persons: , Israel, Arash Azizi, Azizi, Freddy Khoueiry, RANE, Khoueiry, Jalaa Marey, Clemson University's Azizi, It's, it's Organizations: Service, Israeli, Economist, Business, Clemson University, Iran's, Rampage, Clemson, Moscow, Russian Locations: Iran, Russian, Isfahan, Tehran, Russia, Israel, Britain, East, North Africa, Iraq, Afghanistan, Israeli, Lebanon, it's, Ukraine, Moscow
CNN —Dissident rapper Toomaj Salehi has been given a death sentence for his involvement in the widespread protests that swept Iran in 2022, according to his lawyer. “An order for the execution of Toomaj Salehi has been issued,” Salehi’s lawyer Amir Raesian tweeted Wednesday. State media said Salehi’s sentence is subject for reduction by a pardoning committee if he appeals again. A court in Tehran sentenced Yasin to five years in prison, according to group focused on Kurdish human rights, Hengaw. “We strongly condemn Toomaj Salehi’s death sentence and the five-year sentence for Kurdish-Iranian rapper Saman Yasin.
Persons: Toomaj Salehi, , , Amir Raesian, rearrested, Saman Yasin, Yasin, Toomaj, Salehi Organizations: CNN —, UN, Human Rights, United States ’ Office Locations: Iran, Isfahan, Entekhab, Iranian, Tehran, United, Europe, Ye
The outbreak of a major conflict in the Middle East could trigger an energy shock that pushes oil prices above $100 a barrel, fuels inflation and results in higher interest rates for longer, the World Bank warned Thursday. The governments in Jerusalem and Tehran appear to have decided against escalation after exchanging direct strikes on each other's territory for the first time. Oil prices have pulled back nearly 4% from recent highs as investors have discounted the probability of a wider war in the Middle East. The World Bank, however, cautioned that the situation in the region remains uncertain. "The world is at a vulnerable moment: a major energy shock could undermine much of the progress in reducing inflation over the past two years," said World Bank Chief Economist Indermit Gill.
Persons: Israel, Indermit Gill Organizations: World Bank, Bank Locations: Isfahan Refinery, Iran, Isfahan, Jerusalem, Tehran
A dissident rapper has been sentenced to death in Iran after releasing music in support of antigovernment demonstrations that rocked the country in 2022, according to his lawyer, in a case that has prompted global condemnation. The rapper, Toomaj Salehi, 33, was one of the most prominent voices among those arrested over nationwide protests against Iran’s clerical rulers after the death in police custody of Mahsa Amini, 22. Human rights organizations have been calling for Mr. Salehi’s release, saying that he has been tortured in prison and warning that he could face execution. Amir Raesian, Mr. Salehi’s lawyer, told the Iranian reformist newspaper Shargh in an article published on Wednesday that a court in the central city of Isfahan had sentenced Mr. Salehi to death and that his client planned to appeal. The office of the U.S. Special Envoy for Iran condemned the sentence, calling it another example of “the regime’s brutal abuse of its own citizens, disregard for human rights, and fear of the democratic change the Iranian people seek.”
Persons: Toomaj Salehi, Mahsa Amini, Amir Raesian, Salehi’s, Mr, Salehi, Organizations: U.S . Locations: Iran, Iranian, Isfahan
A general view of Isfahan Refinery, one of the largest refineries in Iran and is considered as the first refinery in the country in terms of diversity of petroleum products in Isfahan, Iran on November 08, 2023. U.S. crude oil fell below $81 a barrel on Tuesday, the lowest level since March, as the market brushed off the threat of additional sanctions on Iranian oil. Here are the latest energy prices:The House of Representatives passed legislation over the weekend that would broaden sanctions against Iran's oil exports to include foreign ports, vessels and refineries that knowingly process crude from the Islamic Republic. The Senate could vote on the bill as soon as this week.
Locations: Isfahan Refinery, Iran, Isfahan, Islamic Republic
"I think the best thing would be for everybody to stay puzzled," Herzog said during an interview with Axel Springer media outlets on Sunday. Military equipment displayed at the Army Day ceremony in front of the President of Iran and high-ranking military commanders on April 17, 2024 in Tehran, Iran. The bold strike killed several high-ranking military officials, including two generals in the Islamic Revolutionary Guard Corps. AdvertisementThe incidents of the past few weeks have dragged a decades-long shadow war between Israel and Iran into broad daylight. However, Tehran has signaled that it won't retaliate over the Isfahan strike after appearing to dissociate itself from the attack.
Persons: , Isaac Herzog doesn't, Herzog, Axel Springer, ATTA KENARE, Antony Blinken, Iran's Organizations: Service, Business, Tehran's, United Nations, Getty Images, Experts, US, Army, Islamic Revolutionary Guard Corps Locations: Tehran, Iranian, Isfahan, AFP, Iran, Israel, America, Syria
In the early hours of Friday, Mehrdad, an engineer in Isfahan, Iran, woke to the sound of explosions rattling the windows and shaking the ground. In Tehran, passengers about to board flights were abruptly told the airspace was closed. As booms and gunfire went off in the distance, Mehrdad, 43, came to realize that the Israelis’ target was a military base on the outskirts of the city. He and his pregnant wife remained fearful that war would break out, he said in an interview by phone. Facing deep economic troubles and a restive population, the government seems to have adopted a two-track policy, analysts say, declaring victory over Israel and cracking down at home.
Persons: Israel, , Mehrdad Locations: Isfahan, Iran, Tehran, Israel
Israel used a "Rampage" missile in its strike on Iran, Israeli media reported. AdvertisementIsrael used a long-range, supersonic missile in its strike on Iran earlier this week, Israeli broadcaster Kan reported, per The Times of Israel. US officials said Israel carried out a missile strike on a military base near the city of Isfahan, Iran, on Friday. While it remains unclear what weapons were used in the strike, Kan reported that Israel used a "Rampage" air-to-surface missile, claiming it was identified in photos and that damage caused by the attack was consistent with a Rampage strike, per The Times of Israel. The Rampage missile was designed by Israel Aerospace Industries (IAI) for use against targets such as "communication and command centers, air forces bases, maintenance centers and infrastructure," according to the company's website.
Persons: Israel, , Kan Organizations: Service, Rampage, Israel Aerospace Industries, YouTube, New York Times, Business, IDF, IAI, Royal Air Force Locations: Iran, Israel, Israeli, Isfahan, Tehran, Ukraine
Iran's media on Friday published footage and images of calm scenes in the country after an unclaimed aerial attack hit Isfahan province. Air defenses intercepted three drones, an Iranian official said, after reports of explosions near an army base in the central region. Isfahan airport was operating as normal after airports were earlier closed around the country, according to semi-official Tasnim news. Meanwhile, in the northwest city of Tabriz — where air defenses were also activated —video showed normal traffic and pedestrians in parks and on the streets. Remember: Israel carried out a strike on Iran, a US official told CNN, a move that threatens to further escalate regional conflict.
Persons: Israel Organizations: Air, CNN Locations: Isfahan, Tabriz, Iran
For more than a decade, Israel has rehearsed, time and again, bombing and missile campaigns that would take out Iran’s nuclear production capability, much of it based around the city of Isfahan and the Natanz nuclear enrichment complex 75 miles to the north. That is not what Prime Minister Benjamin Netanyahu’s war cabinet chose to do in the predawn hours of Friday, and in interviews, analysts and nuclear experts said the decision was telling. Israel said almost nothing about the limited strike, which appeared to do little damage in Iran. U.S. officials noted that the Iranian decision to downplay the explosions in Isfahan — and the suggestions by Iranian officials that Israel may not have been responsible — was a clear effort by the Islamic Revolutionary Guards Corps to avoid another round of escalation. Inside the White House, officials asked the Pentagon, State Department and intelligence agencies to stay quiet about the operation, hoping to ease Iran’s efforts to calm the tensions in the region.
Persons: Israel, Benjamin Netanyahu’s, Organizations: Islamic Revolutionary Guards Corps, Pentagon, State Department Locations: Isfahan, Iran, U.S, Isfahan —, Israel
The Israeli strike on a military base near the Iranian city of Isfahan was part of a cycle of retaliation that has alarmed world leaders, but it produced a largely muted response from both on Friday. Television networks and some officials in both countries played down the significance of the strike, which Israeli and Iranian officials confirmed. In Israel, officials described the strike as a limited response designed to avoid escalating tensions. Pundits on the country’s morning news shows said the strike did not appear to cause significant damage to military sites in Iran. In one video that was widely shared online Friday, a girl throws a paper airplane at an apartment building and compares it to the Israeli strike, giggling as the folded paper hits the concrete structure.
Persons: Israel, ” Dana Weiss, General Siavash Mihandoust, Itamar Ben, Tally Gotliv, Organizations: ., State, Israel Channel, Israel, National, Likud Locations: Iranian, Isfahan, Syria, Israel, Iran, “ Israel, Brig
What We Know About Israel’s Strike in Iran
  + stars: | 2024-04-19 | by ( Liam Stack | ) www.nytimes.com   time to read: +1 min
What did Israel strike? Iranian officials said on Friday that an Israeli strike hit a military air base near Isfahan, a city in central Iran. Iranian officials said a separate Israeli attack was thwarted in Tabriz, a region roughly 500 miles north of Isfahan. Why did Israel strike? Israel attacked Iran in retaliation for a large Iranian attack on Israeli territory last weekend that included more than 300 missiles and drones.
Persons: Israel Locations: Iran, Israel, Isfahan, Tabriz, Iranian, Syria
Explosions were heard in Iran, according to CNN, which cited Iranian state media outlet FARS. There's still a lack of clarity around the reported explosions, but there are multiple reports of an Israeli strike. AdvertisementExplosions were heard near an Iranian military base, and multiple reports, citing US officials, say that Israel struck Iran. CNN, citing the semi-official FARS news outlet, reported the explosions were heard in the city of Ghahjaworstan, which is located near Isfahan, Iran. The Iranian news outlet said that "the city of Ghahjaworstan is located near Isfahan Airport and the eighth hunting base of the Army Air Force."
Persons: Organizations: CNN, Service, Army Air Force, Business Locations: Iran, FARS, There's, Israel, Ghahjaworstan, Isfahan, Iranian, Isfahan Airport
An Israeli strike hit Isfahan in Iran, multiple outlets said, citing unnamed senior US officials. It came after Iran fired drones and missiles at Israel in its first-ever direct attack. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe relatively restrained nature of an apparent Israeli attack on Iran suggests that both sides are seeking to step back from the brink of a regional war, according to experts. Several explosions caused by an Israeli attack were heard in the central province of Isfahan on Friday, unnamed senior US officials told multiple outlets .
Persons: Organizations: Service, International Atomic Energy Agency, Business Locations: Israeli, Isfahan, Iran, Israel
Israel launches strike on Iran: Why Isfahan was targeted
  + stars: | 2024-04-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIsrael launches strike on Iran: Why Isfahan was targetedNBC’s Richard Engel joins 'Squawk on the Street' from Jerusalem with the latest news.
Persons: Richard Engel Organizations: Email Israel Locations: Iran, Isfahan, Jerusalem
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