Iran said Tuesday that Britain might free its oil tanker Grace 1 soon, after some documents were exchanged that would help the seized ship's release. "Britain is interested in releasing Iran's oil tanker Grace 1 ... following the exchange of some documents, we hope the release will...

The presence of Western forces in the Gulf is fuelling regional tension, Iraqi Foreign Minister Mohammed al-Hakim said on Monday. “The states of the Gulf can together secure the transit of ships,” he said on Twitter. “Iraq is seeking to reduce tension in our region through calm...

Stability and security of the Strait of Hormuz is Iran’s red line, Iranian First Vice-President Eshaq Jahangiri said on Monday, according to Iran's Young Journalists Club (YJC) news agency, Speaking at Caspian Sea economic forum held in Turkmenistan, Jahangiri said presence of foreign...

German exports to Iran fell by nearly half in the first six months of 2019, data showed Monday, suggesting companies are scaling back business ties with Tehran to avoid trouble with the United States after Washington re-imposed sanctions. Sales to Iran plunged by 48 percent to 678 million...