Monday, January 12, 2026
Home Blog Page 841

Iranian oil minister: Oil output raised to 3.6mn. bpd

Iran Oil

Owji made the announcement on the sidelines of the Wednesday session of the cabinet.

He added that the administration’s goal was to produce 4 million barrels per day prior to the end of the Persian Year of 1403, that is by March 20, 2025.

Owji called oil production as one of the ways of preventing budget deficit and increasing the government’s revenue sources.

The oil minister added that the liquid hydrocarbon reserves of Iran now stand at more than 153 billion barrels, and the more Iran can increase the oil output and upgrade its refinery capacity, the more foreign exchange revenues it will make.

Owji said there are tens of thousands of elite experts in the Iranian Oil Ministry, whose abilities are being used and “we hope that this progress will continue”.

Referring to the summer season and the rising number of trips countrywide as well as the arrangements that the Oil Ministry is considering for gasoline reserves, Owji noted that officials at the ministry employed cost-effective methods for the gasoline issue and managed gasoline consumption.

Iranian official says Azerbaijan’s embassy in Tehran to reopen soon

Azerbaijan Embassy Tehran

Damirchiloo stated on Tuesday that Azerbaijan’s embassy of the Republic of Azerbaijan in Iran will be reopened in a few days, within the next 15 to 20 days, and the ambassador of the Republic of Azerbaijan will return to Tehran.

Azerbaijan’s relations with Iran were strained in January last year following an attack on the country’s embassy in Tehran, which prompted Baku to close it and evacuate staff over what it called a “terrorist act”.

An initial Iranian investigation found that the attack was motivated by “personal and family-related problems”.

Syria passenger plane touches down at Saudi airport after over a decade hiatus

Syrian Airline

Syria’s official news agency SANA reported that the airliner arrived at King Khalid International Airport on Wednesday, marking the resumption of regular commercial flights between the Syrian capital of Damascus and Saudi Arabia.

Syrian Ambassador to Saudi Arabia, Ayman Soussan, stated the resumption of flights was “an additional step in the process of development in relations between the two brotherly countries”.

On Monday, Syria’s Ministry of Transport announced in a statement that Syrian Airlines had carried out 97 flights to Saudi Arabia this year for the annual Islamic Hajj pilgrimage.

It noted that the airline carried 11,000 Syrian pilgrims on direct flights from Damascus to Jeddah and back from Medina to the Syrian capital.

Saudi Arabia closed its embassy in Damascus and withdrew all diplomats in March 2012.

Back in May 2023, the two countries agreed to resume diplomatic relations and re-open embassies.

In the same month, the Arab League, a 22-member intergovernmental organization of Arab states, agreed to welcome Syria back into the fold with immediate effect after more than a decade.

Syria was one of the six founding members of the Arab League in 1945. The Arab League suspended Syria’s membership in November 2011, citing an alleged crackdown by Damascus on opposition protests.

Iranian MP says Pezeshkian to be sworn in late July

Massoud Pezeshkian

A member of the Iranian Parliament’s presiding board told Tasnim on Wednesday that the swearing-in ceremony for President-elect Pezeshkian will be held on Tuesday, July 30.

The swearing-in ceremony will be attended by the head of the Supreme Court of Iran, the members of the Constitutional Council, the Judiciary chief, and other top political and military officials, Mojtaba Yousefi added.

He said the parliamentary law stipulates that the new president should present his plans and introduce his ministers within two weeks after inauguration.

The lawmakers will then discuss the credentials of the proposed ministers for a week before holding a final session on the votes of confidence, he noted.

Pezeshkian was elected to the Parliament as a representative of the northwestern city of Tabriz in the parliamentary elections on March 1.

After the death of President Ebrahim Raisi in a helicopter crash on May 19, Pezeshkian became one of six final candidates singled out by the Constitutional Council from 80 applicants seeking the presidency.

He won the highest number of votes in the first round of the presidential election on June 28 and faced off the runner-up, Saeed Jalili, in the runoff election on July 5.

The physician-turned-politician won the runoff by garnering 53.66% of the votes.

His new administration, the 14th one after the victory of the Islamic Revolution in 1979, will hold office for four years.

Zelensky says Ukraine can ‘never’ get enough weapons

Volodymyr Zelensky

The Ukrainian leader is visiting the US this week as the heads of NATO states hold a summit in Washington DC. Zelensky called for more arms deliveries at the Ronald Reagan Institute on Tuesday, where he participated in an event alongside US Senator Mitch McConnell.

While he highlighted his determination to continue hostilities with Russia, he stressed on several occasions the disparity in military strength between the two sides in the conflict.

”It’s not enough. It’s never enough,” he said, referring to the five additional Patriot missile systems, which US President Joe Biden pledged the same day to Kiev on behalf of his nation, Germany, Romania and others.

Asked about the fate of the 31 Abrams main battle tanks supplied by the US last year, Zelensky stated the number was too low to “change the situation on the battlefield”.

He went on to say the number of F-16 fighter jets pledged by Western donors has been insufficient. Russia uses some 300 jets in the Ukraine conflict, while Kiev would only be able to field 10 to 20 F-16s anytime soon, he said.

”Even if we will have 50 it’s nothing. They have 300,” Zelensky added. Being on the defense, Ukraine would need a fleet of 128 F-16s for parity with Russia, he stated.

Zelensky urged the US to lift all restrictions on using American-provided weapons against targets deep inside Russia and to provide Kiev with better long-range strike capability. In late May, the Biden administration revised its policy restricting the use of American weapons inside what the US recognizes as Russian territory, but would not allow long-range strikes, according to media reports and statements by officials.

Russian President Vladimir Putin has warned that his country may supply weapons similar to those that Ukraine gets from the West to parties hostile to the donors elsewhere in the world in case of further escalation.

Moscow has described the Ukraine conflict as part of a US-led proxy war against Russia, in which NATO members take part in virtually every aspect except by sending their own troops to the battlefield.

Iran ex-FM Zarif: New cabinet opening up space for young experts

Javad Zarif

In a meeting with members of the Iranian Entrepreneurs Association on Tuesday, Zarif said, “We are planning to form a young government, and people like me, who have had posts many times, are not supposed to get a position again in this administration.”

The former foreign minister, whose name is associated with the historic Joint Comprehensive Plan of Action (JCPOA) nuclear accord with the West, dismissed reports that he would serve as the vice president in the upcoming cabinet.

“Based on the decisions aimed at rejuvenating the administration, 60 percent of the ministers will be first-timers under 50 years old,” he revealed.

Pezeshkian won the snap presidential election on a platform of improving the ailing economy and making efforts to get the country released from the yoke of harsh US-led sanctions, among other campaign promises.

“Unfortunately, there are people in this country who have interests and do not allow us to change the status quo.” Zarif said without mentioning any name and added, “We have no choice but to confront with the interests of those people.”

As a case in point, he referred to the high commercial transit cost in Iran, saying they devour over a third of the country’s economy due to the sanctions regime.

He said, “Last year, Iran’s trade volume, including oil and non-oil products, was about 153 billion dollars, and with this account, we had to bear an imposed cost of 50 billion dollars.”

Further highlighting the repercussions of the Western punitive measures against Iran, Zarif said the new government needs to garner popular support at home in order to be able to ease the draconian sanctions and comply with the Financial Action Task Force (FATF) money-laundering watchdog as initial steps to join the world economy.

Saudi Arabia ‘threatened’ G7 over seizure of Russian assets

Putin and MbS

The US and UK had been pushing for outright seizure of around $280 billion in Russian sovereign funds, which the West had frozen in 2022 citing the Ukraine conflict. The EU, where most of the immobilized assets are held, was reluctant to see the euro endangered by the possible backlash.

Saudi Arabia “privately hinted” that it might sell some of its EU debt holdings if the G7 went ahead with the confiscation plans, Bloomberg reported on Tuesday citing “people familiar with the matter”.

One of the outlet’s anonymous sources described the Saudi Finance Ministry’s message as “a veiled threat”, while two others said Riyadh specifically mentioned French treasury debt.

This “likely influenced” the G7 to stop short of seizing the frozen Russian funds and opt to turn the interest they generated into loans to Kiev. Moscow has condemned the move as illegal, with former President Dmitry Medvedev suggesting it could be interpreted as a cause for war.

When reached for comment, however, the Saudi Finance Ministry told Bloomberg that “no such threats were made”.

“Our relation with the G7 and others is of mutual respect and we continue to discuss all issues that promote global growth and enhance the resilience of the international financial system,” the ministry said.

One Saudi official told the outlet that making such threats wasn’t his government’s “style” and that the ministry might have merely outlined the “eventual consequences” of seizures to the G7.

Saudi Arabia owns about $135 billion of US Treasuries and an unspecified amount of euro bonds. EU officials were less concerned about the impact on French debt than about other countries following Riyadh’s lead, Bloomberg’s sources added.

Two of the sources questioned the credibility of Saudi Arabia’s alleged threat, noting that there wasn’t a run on G7 currencies when the Russian funds were first frozen. The same argument was brought up by Daleep Singh, the White House’s deputy national security adviser, at a conference in May.

The February 2022 freezing of Russian sovereign assets was a move without precedent. A number of experts in the West have cautioned against attempting to confiscate the funds, noting that this could undermine the dollar, the euro, and the entire global financial system.

UN experts warn Israel’s ‘targeted starvation campaign’ has led to famine across Gaza

Gaza War

“We declare that Israel’s intentional and targeted starvation campaign against the Palestinian people is a form of genocidal violence and has resulted in famine across all of Gaza,” said the experts.

“We call upon the international community to prioritise the delivery of humanitarian aid by land by any means necessary, end Israel’s siege and establish a ceasefire,” they added.

Michael Fakhri, the special rapporteur on the right to food, along with other experts such as Francesca Albanese, the special rapporteur on the situation of human rights in the Palestinian territories, and Paula Gaviria Betancur, the special rapporteur on the human rights of internally displaced persons, issued the statement.

At least 33 children, mostly in northern Gaza, have died of malnutrition since the war began in October, according to the Palestinian health ministry.

The group of ten rights experts cited the deaths of three children aged thirteen, nine and six months, from malnutrition in Khan Younis and Deir al-Balah since the end of May, leading them to assert that a famine is now underway.

“With the death of these children from starvation despite medical treatment in central Gaza, there is no doubt that famine has spread from northern Gaza into central and southern Gaza,” the experts stated.

Israel’s diplomatic mission in Geneva claimed the statement was “misinformation”.

“Israel has continuously scaled up its coordination and assistance in the delivery of humanitarian aid across the Gaza Strip, recently connecting its power line to the Gaza water desalination plant,” the mission noted.

In June a report issued by an independent group of experts known as the Famine Early Warning Systems Network, or Fews Net, warned that famine in Gaza may have been taking place since April, and is likely to continue through July “if there is not a fundamental change in how food assistance is distributed and accessed” after it enters the Strip.

Meanwhile, Israel continues to block the Rafah crossing with Egypt, and restrict aid entry via the Karem Shalom crossing with southern Gaza.

“The population’s access to and utilization of available food assistance has been insufficient to meet the level of need to date, and much more must be done immediately to ensure humanitarian food assistance is distributed effectively once it enters Gaza,” the report reads.

The US-based Fews Net conducted its analysis on famine in Gaza based on three conditions that have to be met – namely food consumption, acute malnutrition, and mortality.

It concluded that the spike in death rates in the besieged enclave is directly linked to the “near” famine levels, and that “extremely high” rates of malnutrition among children will lead to severe physiological impacts.

Famine thresholds had, however, been reached in northern Gaza in April, it added.

Iran, Syria say keen on strengthening bilateral relations

Iran Syria Flags

The two sides discussed and exchanged views on ways to expand and bolster relations in all fields.

Pezeshkian reiterated Iran’s support for Syria and the resistance. He also added the agreements between the two countries should be implemented to serve the interests of both nations.

Meanwhile, Assad said, “Ties between Syria and Iran are based on mutual loyalty and principles that derive their significance from resistance against expansionism in a troubled region that is viewed as a prey for colonization.”

The Syrian president was among the first heads of state and officials who congratulated Pezeshkian, a veteran parliamentarian, for winning Iran’s snap presidential elections held to find a successor to the late President Erbahim Raisi.

Dozens killed in Israel attack on Gaza school

Gaza War

The attacks on Tuesday came as Hamas warned that the stepped-up Israeli offensive could jeopardise mediated ceasefire talks, a new round of which is set to begin in the capital of Qatar, Doha.

In the town of Abbasan, east of Khan Younis in southern Gaza, an Israeli air attack on the al-Awdah school killed at least 30 people and wounded more than 50, most of them women and children, according to Palestinian medics.

Exclusive footage from the school, obtained by Al Jazeera, shows young Palestinians playing football in the building’s yard as dozens of people watch on. Then, a loud explosion is heard, sending people running for cover.

A Palestinian boy told Al Jazeera he lost several relatives in the attack. “We were sitting and a missile fell and destroyed everything,” he said, sobbing.

“I lost my uncle, my cousins and my relatives,” he added.

Elsewhere in Gaza, Israel also bombed the central Bureij camp, killing at least 17 people, 14 of whom were children. Israeli soldiers also raided a house in central Deir el-Balah, killing three more people.

Hamas described the attack on the al-Awda school an “extension of the war of extermination against our people by the Zionist terrorist government” and called on people in Arab and Muslim nations to escalate protests against the war.

Josep Borrell, the European Union’s top diplomat, also condemned the attack, saying in a post on X, “For how long are innocent civilians going to bear the brunt of this conflict?”

He added, “It is imperative to immediately reach a ceasefire to bring respite to hundreds of stranded civilians, free all the hostages, deliver the needed humanitarian aid.”

The attacks come as CIA director William Burns and Israel’s Mossad chief David Barnea prepare to travel to Qatar on Wednesday, after Burns held talks with Egypt’s President Abdel Fattah el-Sisi in Cairo, seeking to push for a ceasefire in Gaza.

The renewed efforts come after Hamas made concessions last week, including dropping a key demand that Israel commit upfront to an end to the war before signing a ceasefire agreement. Instead, Hamas said it would push for the move in negotiations planned during an initial six-week ceasefire.

But Ismail Haniyeh, the leader of the group, stated on Monday that Israel’s escalating assault has threatened talks at a crucial time and could bring negotiations “back to square one”.

Haniyeh, who spoke with Qatari and Egyptian mediators, issued a statement warning “of the disastrous repercussions of what is happening in Gaza City, Rafah and other areas across the Gaza Strip”.

He stressed that Israeli Prime Minister Benjamin Netanyahu and “his army bear full responsibility for the collapse of this negotiation path”.

At least 38,243 people have been killed and 88,243 wounded in Israel’s war on Gaza since October. The death toll in Israel from the Hamas-led attacks on October 7 is estimated at 1,200, with dozens of people still held captive in Gaza.