Gold nearing the year’s high amid US-Iran rift

Gold nearing the year’s high amid US-Iran rift

Gold nearing the year’s high amid US-Iran rift

Iranian-U.S. tensions began ratcheting up after U.S. President Donald Trump pulled out of a deal a year ago between Iran and global powers that aimed to curb Tehran's nuclear ambitions in exchange for relief from worldwide sanctions.

Tensions between Washington and Tehran have been high since President Donald Trump chose to pull the U.S. out of a landmark nuclear deal in 2018 and reintroduce sanctions against Iran. President Donald Trump blamed Iran on June 14 for the attacks.

Following the blast, the United States said it has proofs that Iran was behind the attacks while Reuters recently quoted anonymous official mentioning that the video clip clearly shows Iran's Revolutionary Guard (IRGC) approaching the vessel and removing the mine.

It comes hours after President Trump said Washington was "not ready" to do a deal with Tehran. "I guess one of the mines didn't explode and it's probably got essentially Iran written all over it", Trump told the hosts of his favorite morning show.

In a statement from its United Nations mission, Iran accused the US of escalating tensions.

Iranian Foreign Minister Mohammad Javad Zarif described the incidents as "suspicious" on Twitter and called for regional dialogue.

The attacks come after tensions between Washington and Tehran due to attacks on tankers last month and economic sanctions imposed by the U.S. on Iran.

"There are elements within the Iranian regime that do not want the US and Iran to ever come to a bargaining table", Col. Stephen Ganyard, USMC (Ret.) and former State Department official, says.

In New York, U.N. Secretary General Antonio Guteress strongly condemned the attacks, warning that the world can not afford "a major confrontation in the Gulf region".

Whether it be a torpedo or mines, Jakob P. Larsen, head of maritime security for the worldwide shipping association BIMCO, told the Associated Press that the incident brings the region closer to an armed conflict. "They've been told in very strong terms", Trump told Fox News.

Reuters came out with the story quoting the U.S. military that doesn't prefer opening up new conflict in the Middle East but might not refrain from securing the national interest.

"The responsibility for ensuring the security of the Strait of Hormuz lies with the Islamic Republic of Iran, and we have shown that we have been able to help the sailors of the crashed ships and rescue them as quickly as possible".

On Friday, the President of the Japanese shipping company that owns the Kokuka Courageous held a press conference in Tokyo, in which he denied that a mine had been used in the tanker attack. Joshua Frey, a 5th Fleet spokesman.

Turning now to Thursday's attacks on two tankers in the Gulf of Oman, the latest in a series of attacks on global oil supplies passing through the area. Iran's foreign minister claims that the U.S.is trying to sabotage diplomacy. "I'm in no rush". The report suggests that the tanker may not have been damaged by mines.

The boat in the video is similar to the one that Iran's IRGC uses, according to analysis by Frank Gardner, BBC'S security correspondent.

The 800-foot oil tanker Front Altair was laden with 75,000 tonnes of naptha, a flammable liquid hydrocarbon, when it was struck with an unidentified explosive device at around noon on Thursday Taiwan time.

The Kokuka Courageous was carrying 25,000 tons of methanol from Saudi Arabia to Singapore when it was attacked with what appeared to be artillery shells in the Gulf of Oman, near the Fujairah port of the United Arab Emirates, according to Kokuka Sangyo.

Guido Steinberg from the German Institute for worldwide and Security Affairs told DW there were "clear signs that the Iranians are responsible". He didn't elaborate and took no questions.

Secretary of State Mike Pompeo warned that Washington will defend its forces and allies in the region, and the United States pressed its case as the UN Security Council met to address the incident - the second in a month in the strategic sea lane. In the deal, Tehran agreed to limit its enrichment of uranium in exchange for the lifting of crippling sanctions.

Al Jazeera's Dorsa Jabbari, reporting from Tehran, said the latest USA moves were aimed at forcing Iran to negotiate a new deal that would also address its ballistic missiles programme as well as support for armed groups in the region.

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