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Iran will be able to export oil in US dollars for the first time in decades
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President Donald Trump has warned Iran against breaking a ceasefire agreement as the US partially lifted sanctions on Iranian oil for the first time in decades.
“If Iran doesn’t live up to their agreement, or if they’re not behaving, I will do what I have to do,” Trump told reporters on Monday.
The US has partially lifted sanctions on Iranian oil exports following “encouraging” talks over ending their months-long war.
The Treasury on Monday issued a 60-day sanctions waiver that would allow Iran to sell oil in US dollars for the first time in decades.
However, Iran reportedly denied a claim by Vance that Tehran would allow nuclear inspectors back into the country following initial talks in Switzerland.
Vance said discussions with the International Atomic Energy Agency could be happening “as soon as today”. But Iran’s foreign ministry said Tehran had made “no new commitments” on nuclear inspections.
Iran’s lead negotiator, Mohammad Bagher Qalibaf, insisted on Monday that the Strait of Hormuz would be managed by Iran and follow international laws.
“Hopefully we can activate the strait again, in terms of passage, and bring prosperity back to regional and global economy,” he said.
Israeli gun fire in Lebanon has killed two people on Tuesday, the Lebanese civil defence and state media reported.
A New York City coffee shop is facing a Department of Justice investigation after banning a congressman over his views on Israel.
Poetica Coffee posted a photo of NY-10 Representative Dan Goldman at the Brooklyn outlet, with a caustic post saying they would have turned him away if they had recognized him at the time.
The post, which has since been taken down, read: “Hey Congressman Dan Goldman, we see that you stopped by our shop today for a coffee. Do you see how it doesn’t taste like genocide juice? Or are you still having a hard time telling the difference?
Sophie Clark reports:
One person has been killed by Israeli gunfire in a southern Lebanese town on Tuesday.
Lebanese civil defence and security source reported the killing.
Iran’s foreign minister spokesperson Esmail Baqaei has warned against “exaggeration” as technical talks proceed following a ceasefire agreement signed last week
“If power is not proven in war, it will not be proven through exaggeration after agreement either.,” he wrote on X on Tuesday.
“Agreement stands on the shoulders of respect and fidelity to reality; and any self-congratulatory narrative constructed to compensate for past failures will, above all, destroy that very process of agreement.
“Then, defeat and failure extend beyond the battlefield and seep into the negotiating table as well.”
Iran has neither held a meeting with International Atomic Energy Agency chief Rafael Grossi in Switzerland nor plans for the U.N. nuclear watchdog to inspect Iran’s damaged nuclear facilities, a foreign ministry spokesperson said on Tuesday.
Esmaeil Baghaei said there was no protocol for such inspections, adding that Iran would continue its current obligations as a member of the nuclear Non-Proliferation Treaty and under its safeguards agreement with the IAEA.
Former Israeli prime minister and opposition politician Naftali Bennett has accused Benjamin Netanyahu of misleading the Israeli public in relation to the war in Lebanon.
“When Netanyahu and Israel Katz announced yesterday at 11pm at night that the IDF has freedom of action in Lebanon—they didn’t tell the truth,” he wrote in a post on X.
“It’s not true. The truth is that our boys’ hands are tied in Lebanon.”
He said that he had spoken to Israeli soldiers who had told him that Hezbollah are “re-establishing themselves, repairing infrastructure, arming up, and returning to activity, and our soldiers are forbidden from opening fire on them.”
American allies of President Donald Trump this week defended him to an Israeli public anxious about a US interim deal with Iran and White House criticism that together appeared to signal fissures in Israel’s decades-old alliance with Washington.
“The United States and Israel have an unbreakable bond,” Mike Huckabee, the US ambassador to Israel, said on Sunday after acknowledging there was an “enormous level of anxiety about the relationship.”
Donald Trump has said the British public “did not like” Sir Keir Starmer’s refusal to be drawn into the war against Iran, as he again derided the outgoing prime minister as “not Winston Churchill”.
The president also repeated his claim that Sir Keir had “hurt himself very, very badly” over his stance on immigration and energy, while declaring him “a very nice man” and “sort of a friend of mine”.
Trump made his comments at the White House after Sir Keir quit as Labour leader, having acknowledged he had lost the support of his MPs, and with former Greater Manchester mayor and new MP Andy Burnham waiting in the wings.
More here.
Britain has more than enough electricity supply to meet demand through the winter months, despite households facing higher bills following the Iran war, according to the energy system operator.
The National Energy System Operator (Neso) nonetheless cautioned over “tight days” during potential cold snaps this winter.
In its early winter outlook, the electricity system is forecast to have a surplus of 5.5 gigawatts between the end of October and the end of March next year.
This represents an 8.8 per cent buffer of peak winter demand, which is slightly below the margin forecast for 2025, but greater than the years before that.
Neso, which is a publicly-owned body, independent of government, is tasked with ensuring that the supply of electricity remains balanced with demand for it.
If supply cannot meet demand, then the country risks blackouts.
Neso said its modelling – which stress-tests thousands of scenarios based on electricity demand, weather conditions and generation – shows that Britain’s electricity system is expected to remain stable this winter.
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