According to the semi-official Mehr News Agency, more than 3,700 cargo trucks are reportedly stalled at Iran’s borders with Turkey and Pakistan, with truckers alleging delays of up to 20 days amidst extreme heat and logistical shortages. Coinciding with a reported nearly 30% decline in non-oil exports to $15 billion, these trade disruptions occur against the backdrop of a US naval blockade of the Strait of Hormuz and recent cross-border attacks affecting Iraq-Saudi Arabia pipeline operations.
US attacks Iran tankers as deal hangs in balance
Summary
Iran yesterday questioned the seriousness of US diplomacy in the wake of renewed naval clashes in the Gulf, while keeping Washington waiting for a response to its latest negotiating position. US President Donald Trump had said on Friday that he was expecting Iran’s response to Washington’s latest proposal on a deal to extend a fragile truce and launch peace talks — “supposedly tonight.” However, if Iran did send the talks’ Pakistani mediators a response, there was no public sign of this, and Iranian Minister of Foreign Affairs Abbas Araghchi called into question the reliability of the US leadership, in a call with his Turkish counterpart Hakan Fidan. Photo: AFP “The recent escalation of tensions by American forces in the Persian Gulf and their numerous actions in violating the ceasefire have added to suspicions about the motivation and seriousness of the American side in the path of diplomacy,” ISNA news agency quoted him as saying. In an incident on Friday, a US fighter jet fired on and disabled two Iranian-flagged tankers that Washington accused of challenging its naval blockade of Iran’s ports. The US action prompted Iranian retaliatory attacks. An Iranian military official told local media the country’s navy had “responded to the violation of the ceasefire and to American terrorism with strikes” and “the clashes have now ceased.” The latest incident came after a previous flare-up overnight Thursday to Friday in the Strait of Hormuz, a vital international sea lane that Iran is seeking to control to extract tolls from foreign vessels and to wield economic leverage over the US and its allies. US Secretary of State Marco Rubio on Friday said that it was “unacceptable” for Tehran to control the key oil route. Washington has sent Iran, via Pakistani mediators, a proposal to extend the truce in the Gulf to allow for talks on a final settlement of the conflict launched 10 weeks ago with US-Israeli strikes on Iran. Iranian Ministry of Foreign Affairs spokesman Esmaeil Baqaei said that the proposal was still “under review,” ISNA reported. SILENCING CRITICS: In addition to blocking Taiwan, China aimed to prevent rights activists from speaking out against authoritarian states, a Cabinet department said The Ministry of Foreign Affairs (MOFA) yesterday condemned transnational repression by Beijing after RightsCon, a major digital human rights conference scheduled to be held in Zambia this week, was abruptly canceled due to Chinese pressure over Taiwanese participation. This year’s RightsCon, the world’s largest conference discussing issues “at the intersection of human rights and technology,” was scheduled to take place from tomorrow to Friday in Lusaka, and expected to draw 2,600 in-person attendees from 150 countries, along with 1,100 online participants. However, organizers were forced to cancel the event due to behind-the-scenes pressure from China, the ministry said, expressing its “strongest condemnation” Iran’s Islamic Revolutionary Guard Corp (IRGC) yesterday said the US faced a choice between an “impossible” military operation or a “bad deal” with Tehran, after US President Donald Trump disparaged Iran’s latest peace proposal. Negotiations between the two countries have been deadlocked since a ceasefire came into effect on April 8, with only one round of direct peace talks held so far. Iran’s Tasnim and Fars news agencies reported that Tehran had submitted a 14-point proposal to mediator Pakistan, but Trump was quick to cast doubt on it. “I will soon be reviewing the plan that Iran has just sent to us, but A group affiliated with indicted Chinese immigrant Xu Chunying (徐春鶯) is to be dissolved for monitoring Chinese immigrants in Taiwan, a source said yesterday. Xu, the secretary-general of the Cross-Strait Marriage and Family Service Alliance, was indicted on March 24 on charges of violating the Anti-Infiltration Act (反滲透法). The alliance “illegally monitored" Chinese immigrants living in Taiwan on behalf of the Chinese Communist Party (CCP) and the Ministry of the Interior is expected to dissolve the organization in the coming days under provisions of the Civil Associations Act (人民團體法), the source said. Xu, who married a Taiwanese in 1993 and became a Republic Taiwanese shares yesterday posted a record daily gain of more than 1,700 points to close above 40,000 points for the first time, led by large-cap semiconductor stocks such as Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and MediaTek Inc (聯發科) amid optimism about the artificial intelligence (AI) boom. The TAIEX ended up 1,778.51 points, or 4.57 percent, at 40,705.14 after moving between 39,228.39 and 40,755.52, while the New Taiwan dollar closed up NT$0.038 at NT$31.610 per US dollar, ending three consecutive sessions of declines. Turnover on the main board totaled NT$1.007 trillion (US$31.9 billion), with foreign institutional investors buying a net NT$66.98 billion
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Iran yesterday questioned the seriousness of US diplomacy in the wake of renewed naval clashes in the Gulf, while keeping Washington waiting for a response to its latest negotiating position. US President Donald Trump had said on Friday that he was expecting Iran’s response to Wa…
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