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Ukraine war threatens Iran’s last economic lifeline

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Ukraine war threatens Iran’s last economic lifeline
The European Union is aiming to affix america and the UK in sanctioning Russian oil. European diplomats are attempting to achieve consensus on a deal to halt Russian oil imports to the bloc that might be signed off by leaders assembly in Brussels on Might 30.
For Iran, whose exports are already sanctioned, this implies the marketplace for unsavory oil goes to get crowded. Patrons could have extra choices, probably beginning a value conflict between producers whose crude few need to contact. Russia is the world’s second greatest oil exporter, after Saudi Arabia.
However the transfer may additionally give extra urgency for Tehran to achieve an settlement with world powers to revive the 2015 nuclear pact that was deserted by the Trump administration in 2018. The settlement would raise sanctions and open Iran’s oil as much as the world market.
China has been Iran’s primary oil purchaser for the previous two years, however Russia could have already began biting into that share.

Consultants say there was a droop in Iranian crude oil exports to China since Russia launched its invasion of Ukraine in February, together with a rise in Russian exports to China.

For the reason that starting of the Ukraine conflict, China has purchased greater than 7 billion euros ($7.5 billion) value of Russian fossil fuels, in response to the Middle for Analysis on Power and Clear Air. Most of that was crude oil.

In the meantime, Iran’s gross sales to China have fallen by greater than 1 / 4, analysts say.

“I feel proper now it’s a few fourth, on its strategy to changing into a 3rd,” stated Amir Handjani, a non-resident fellow on the US suppose tank, the Quincy Institute for Accountable Statecraft. As Chinese language consumers buy much less and ask for greater reductions, Iran may lose very important international foreign money revenues, he added.

Russia presents China cheaper barrels, the next grade of oil and not one of the secondary US sanctions that put non-US entities that cope with Iran susceptible to being lower off from the US market, consultants say. That has some in Iran anxious amid issues a few value conflict.

“The one lifeline Iran actually has proper now for its crude is thru China,” stated Handjani. “It has actually been China holding Iran afloat.”

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This month, Iranian oil minister Javad Owji stated Iran is promoting its oil at “a great value” and that “new markets have been recognized.”
Hamid Hosseini, board member of Iran’s Oil, Fuel and Petrochemical Merchandise Exporters’ Union stated the federal government needs to be conscious that Iran’s oil exports to China could endure as Russia enters that market, the semi-state ILNA information company reported.

“We are able to say that lastly, Russia has taken our share,” he stated, including that the state of affairs presents “the most effective alternative” to revive the 2015 nuclear settlement.

Talks between Iran and world powers aimed toward reviving the settlement have stalled since March. The final remaining main sticking level is Iran’s excellent demand that the US removes Iran’s elite Revolutionary Guard Corps from its listing of international terrorist organizations.

Russia and Iran, usually aligned on worldwide issues, now discover themselves in a rivalry.

Moscow in March emerged as an unlikely hurdle to the nuclear deal, when it requested for written ensures from the US that its dealings with Iran wouldn’t be hindered by Western sanctions on Moscow. It later backed down on its calls for.
4 ways Russia is trying to prove it can live with sanctions

“They [Iran] have choices,” stated Handjani. “The best choice for them is to affix the [nuclear agreement].”

Abhi Rajendran, director of analysis at info firm, Power Intelligence, stated the rise in Russian oil exports to China doesn’t but change the equation meaningfully, noting that Asia is a big oil market.

However “there are limits to how a lot these consumers can take,” he stated, including that the present lockdown in China after a spike in Covid-19 instances could have an effect on demand.

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Palestinian investigation says Abu Akleh killed by Israeli forces

A Palestinian Authority investigation into the killing of Al Jazeera journalist Shireen Abu Akleh stated she was shot lifeless by Israeli forces utilizing an armor-piercing bullet, Palestinian Lawyer Common Akram Al-Khatib stated Thursday. He stated Abu Akleh was working away from the path of the gunfire when the bullet struck her within the head, inflicting a laceration of the mind tissue and killing her. Israel’s prime navy officer, Lt. Gen. Aviv Kochavi instantly rejected the Palestinian allegations, saying “there’s one factor that may be decided with certainty – no IDF soldier intentionally shot the journalist. We investigated that. That’s the conclusion and there’s no different.”

  • Background: Abu Akleh was killed within the West Financial institution metropolis of Jenin on Might 11 whereas masking an Israeli raid there. Israeli Protection Minister Benny Gantz rejected the Palestinian allegations, reiterating Israel’s willingness to work with the Palestinian Authority on a world investigation into her killing. The Palestinians have refused, saying they don’t belief Israel.
  • Why it issues: Each the Palestinian Authority and Al Jazeera have been accusing the Israeli navy of the intentional killing of Abu Akleh since she was shot. A CNN investigation discovered proof suggesting that Israeli forces killed Abu Akleh with a focused shot. Israel has stated she was both killed by indiscriminate Palestinian gunfire or by Israeli troops returning fireplace in a gun battle.

US officers visited Saudi Arabia to debate Iran, vitality

Two senior US officers visited Saudi Arabia this week for talks that included international vitality provides, Iran and different regional points, White Home press secretary Karine Jean-Pierre stated on Thursday. US officers did not ask for a rise in Saudi oil exports, she stated.

  • Background: The assembly comes amid strains in Saudi-US ties. Saudi Arabia has rebuffed US calls to extend oil manufacturing that would decrease oil costs and tame international inflation. A decrease oil value might additionally impression Russia’s conflict efforts in Ukraine as Moscow depends on vitality exports for a lot of its income. “Asking for oil is solely flawed,” Jean-Pierre stated.
  • Why it issues: President Joe Biden and Saudi Arabia’s de facto ruler, crown prince Mohammed bin Salman, might meet for the primary time as quickly as subsequent month, sources instructed CNN final week. A gathering would come after months of diplomatic exercise and symbolize a turnabout for a US president who as soon as declared Saudi Arabia a “pariah” with “no redeeming social worth.”

Iraq makes it unlawful to aim normalizing ties with Israel

Iraq’s parliament accredited a regulation on Thursday that can ban normalizing relations with Israel, at a time when a number of Arab international locations have established formal ties.

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  • Background: The Iraqi parliament has been unable to convene on some other challenge together with electing a brand new president and forming its personal authorities. The regulation was proposed by influential Shiite cleric Muqtada al-Sadr, whose get together opposes shut ties with the US and Israel, received extra seats in parliament in elections final October.
  • Why it issues: Iraq has by no means acknowledged Israel since its institution in 1948 and Iraqi residents and firms can’t go to Israel, however the brand new regulation goes additional, particularly criminalizing any makes an attempt to normalize relations with Israel.

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#HunterXHunter

The return of a preferred comedian in faraway Japan has Arabs from Algeria to the United Arab Emirates elated.

After a four-year hiatus because of sickness, Yoshihiro Togashi, the creator of the “Hunter x Hunter” manga posted a teaser on Twitter, saying “4 extra episodes in the interim.” The tweet obtained 1.3 million likes in lower than 12 hours.

Within the manga-crazy Arab world, the hashtag was trending in a number of international locations. Many Arabs grew up watching animated manga dubbed in Arabic.

Arabs know “Hunter x Hunter” by its Arabic-dubbed cartoon adaptation known as “Al Qannas” (the Sniper). The present was a staple in lots of Arab households, and for a lot of Arabs, its introduction tune elicits reminiscences of the early 2000s, when cartoons have been watched over satellite tv for pc receivers and on box-like CRT televisions.

Syrian singer Rasha Rizq was the voice of that tune. In a 2017 live performance in Jordan’s Roman amphitheater, she shocked audiences by singing the long-lasting tune from Hunter x Hunter, inflicting a rapturous response.

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Manga, or Japanese comics, and anime, or cartoons, are massively common within the Center East. Saudi Arabia has festivals devoted to anime, whereas a minimum of one writer makes a speciality of creating localized manga.

By Mohammed Abdelbary

Picture of the day

An Iranian carries a portrait of the slain chief of Iran's Islamic Revolutionary Guard Corps's Quds Force, Qasem Soleimani, during a gathering at the Azadi stadium in the capital Tehran on May 26 to attend a performance of the song "Salam Farmandeh" ("Salute Commander"). The song addresses the younger generation, and serves as a "salute" to the Mahdi, the 12th imam of Shiite Islam, whom they believe disappeared centuries ago and will return one day to usher in a new era of peace and justice.

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Lebanon says 50 medics killed in past three days as Israel extends its bombardment

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Lebanon says 50 medics killed in past three days as Israel extends its bombardment

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Lebanese authorities said Israel’s bombardment had killed 50 health workers in the past three days as Israeli fighter jets continued to launch strikes across the Arab state.

The Israeli military said on Saturday its forces had struck a mosque in southern Lebanon adjacent to a hospital, which it said was being used by Hizbollah fighters as a command centre, while its forces battled the militant group’s fighters in the border region.

A Hizbollah-affiliated hospital in southern Lebanon, The Martyr Salah Ghandour, said it was hit by a strike shortly after the Israeli military issued orders that it be evacuated, according to a statement on Lebanon’s state news agency on Saturday. It said nine staff were injured in the attack on Friday in the town of Bint Jbeil.

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A spokesperson from the Lebanese health ministry told the Financial Times on Saturday that 50 medics had been killed in the past 72 hours.

Tedros Adhanom Ghebreyesus, WHO’s director-general, said that the capacity of Lebanon’s health system was deteriorating and that the UN agency’s “medical supplies cannot be delivered due to the almost complete closure of Beirut’s airport”.

“WHO calls on urgent facilitation of flights to deliver health supplies to Lebanon. Lives depend on it!” he said on X.

Israel has issued multiple evacuation orders in recent days, warning people in towns and villages across the south to move north. It has given similar orders during its war against Hamas in Gaza ahead of big offensives.

Iranian-backed Hizbollah said there were clashes with Israeli troops around the Lebanese border town of Odeisseh. The official Lebanese news agency reported shelling of Odeisseh and three other southern villages.

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Israel has intensified its assault against Hizbollah over the past two weeks as it has shifted its focus from Gaza to the northern front. It has killed Hizbollah leader Hassan Nasrallah, launched air strikes across Lebanon and sent troops into Lebanon’s south for the first time in almost two decades.

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The escalation has heightened fears about all-out war in the Middle East. The region is bracing for Prime Minister Benjamin Netanyahu’s response to an Iranian missile barrage fired at Israel on Tuesday.

Tehran said the missile attack was in response to the assassination of Nasrallah and the killing of Hamas’s political leader Ismail Haniyeh in Tehran in July.

Israel struck the southern suburbs of Beirut on Saturday afternoon targeting the Borj al-Barajna Palestinian refugee camp with four missiles, according to the Lebanese state news agency. Hizbollah said Israel bombed a convention centre in the southern neighbourhood of Dahiyeh overnight. The group used the complex to host events.

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Almost 2,000 people have been killed in Israel’s bombardment of Lebanon in the past year, according Lebanese authorities, after Hizbollah started firing missiles at Israel in support of Hamas in Gaza. The majority were killed in the past two weeks, Lebanon’s health minister said.

More than 1.2mn people have been displaced, triggering one of the worst crises for the country in decades.

Abbas Araghchi, Iran’s foreign minister, met Syrian President Bashar al-Assad in Damascus on Saturday, a day after visiting Beirut.

Israel “speaks no other language than war and coercion and continues its crimes in Beirut, southern Lebanon and Gaza on a daily basis,” Araghchi said. He added that he would continue discussions on ceasefire initiatives in Lebanon and Gaza with Syrian officials.

This week there have been indications that Israel has expanded its offensive to include Hizbollah’s civil infrastructure, while also targeting the group’s leaders.

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The movement is Lebanon’s dominant political force and has a huge network of social programmes and business interests. On Thursday, Israel struck a Hizbollah-linked medical facility in the heart of Beirut, killing at least nine people, including health workers, as well as a building used by the group’s media relations team in the southern suburbs.

The strike on a Palestinian refugee camp in the northern city of Tripoli killed Saeed Atallah Ali, a commander of its Qassam Brigades and his family in the early hours of Saturday, Hamas said. A second Hamas leader, Mohammed Hussein al-Louise, was killed in an air raid in the Bekaa Valley.

In northern Israel, air raid sirens sounded as Hizbollah launched rocket barrages. The Israel Defense Forces said the militant group shot 222 projectiles at Israel on Friday.

It said it had killed 250 Hizbollah fighters, including four battalion commanders, since the start of the ground offensive in Lebanon this week.

Nine Israeli soldiers have been killed in clashes with Hizbollah in southern Lebanon as the fighting intensified.

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Joe Biden has urged Israel to make a “proportional” response to Iran’s missile strikes, and to avoid targeting Iranian nuclear sites or oil infrastructure. But the president has also made it clear that the US supported Israel’s military riposte.

“The Israelis have every right to respond to the vicious attacks on them, not just on the Iranians but on everyone from Hizbollah to the Houthis,” Biden said.

Additional reporting by Bita Ghaffari in Tehran

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The historic Biltmore Estate, an Asheville icon, works to recover from Helene damage

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The historic Biltmore Estate, an Asheville icon, works to recover from Helene damage

A Duke Energy lineman works on a line the Biltmore Village in the aftermath of Hurricane Helene on Sept. 28 in Asheville, N.C.

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The Biltmore Estate, the extravagant former home of the Vanderbilts and one of North Carolina’s biggest attractions, was among the structures slammed by the remnants of Hurricane Helene last week.

Buncombe County, where the 8,000-acre estate is located, is considered among the hardest hit by Helene. As of Thursday, at least 72 people had died in the county and 200 people remained missing after the storm, member station BPR reported. As of Saturday morning, over 74,000 customers there were without electricity, according to local officials.

Damage from flooding in the Biltmore Village in the aftermath of Hurricane Helene on Sept. 28 in Asheville, N.C.

Damage from flooding in the Biltmore Village, which is the enclave outside of the estate, in the aftermath of Hurricane Helene on Sept. 28 in Asheville, N.C.

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ASHEVILLE, NORTH CAROLINA - OCTOBER 01: A man walks past damaged vehicles at the Biltmore Village across from the Biltmore Estate in the aftermath of Hurricane Helene on October 1, 2024 in Asheville, North Carolina. According to reports, at least 140 people have been killed across the southeastern U.S., and millions are without power due to the storm, which made landfall as a Category 4 hurricane. The White House has approved disaster declarations in North Carolina, Florida, South Carolina, Tennessee, Georgia, Virginia and Alabama, freeing up federal emergency management money and resources for those states. (Photo by Melissa Sue Gerrits/Getty Images)

A man walks past damaged vehicles at the Biltmore Village across from the Biltmore Estate in the aftermath of Hurricane Helene on Oct. 1 in Asheville, N.C.

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The Biltmore has been a fixture in Asheville, N.C., since 1895. It attracts an estimated 1.7 million visitors each year, according to its website.

In a social media post, the Biltmore Estate said low-lying areas, including its entrance and farm, experienced significant flooding. Parts of its forested areas, which make up a large portion of the property, also suffered wind damage. It said a few of the estate’s animals were lost during the storm but that a “vast majority” were safe and accounted for.

The estate did not say which animals were lost, but its farm is home to hens, lambs, calves, goats and draft horses.

“We are heartbroken for our friends, family, and neighbors across this region who have been devastated by this storm,” the estate said. “To our first responders, utility workers, and community volunteers, we are eternally grateful for your endless care and courage. We will all work together to recover from this unprecedented disaster.”

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Biltmore House, as well as the estate’s conservatory, winery, gardens and hotels received minimal or no damage from the storm. But Biltmore Estate said that as of Thursday, it was still assessing the area and crews were still in the process of clearing roads so they can begin repairs.

A sign commentating the flood of 1916 lies on the ground next to a flooded waterway near the Biltmore Village in the aftermath of Hurricane Helene on Sept. 28, 2024.

A sign commentating the flood of 1916 lies on the ground next to a flooded waterway near the Biltmore Village in the aftermath of Hurricane Helene on Sept. 28, 2024.

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The Biltmore said it will remain closed until further notice, adding that initial assessments indicate it will be closed to guests at least until Oct. 15.

Helene made landfall in Florida’s Big Bend region on Sept. 26 as a Category 4 storm. It led a path of devastation across Southeast U.S. and southern Appalachia. Over a week has passed, but the number of residents killed and missing continues to rise, while large portions of the region struggle go restore their electricity.

Meanwhile, new consequences and damage by the storm continue to emerge. Spruce Pine, a town in the Appalachian mountains, is also home to an abundance of pure quartz, which is essential for microchips and solar panels. Helene dumped 24.12 inches of rain on Spruce Pine. Although it remains unclear how the mines that produce the quartz are holding up, there are already concerns about getting quartz out of the region and whether it will affect superconductor supply chains.

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The Baxter International factory in Marion, N.C., about 35 miles outside of Asheville, is a major supplier of intravenous fluids used in hospitals around the country. The facility is now shut down and covered in mud. As of Thursday, the company said it doe not “have a timeline for when operations will be back up and running.”

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Video: Where Trump and Harris Stand on the Economy

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Video: Where Trump and Harris Stand on the Economy

Here’s where Vice President Kamala Harris and former President Donald Trump stand on economic issues like inflation, taxes and more. Maggie Astor, who covers politics for The New York Times, looks at the candidates’ views, proposals and records.

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