Mediators Say Talks 'Difficult But Not Dead' After Iran Rejects US Proposed Ceasefire, Counters With 5 Conditions

Israeli Defense Minister Israel Katz said that Tel Aviv was waiting on Washington’s approval to break the ceasefire and attack Iran.  “Israel is prepared to renew the war against Iran. The IDF is ready in defense and offense, and the targets are marked,” Katz said on Thursday. Israel is “awaiting a green light from the […]

An Iranian official said that the IRGC would attack ships transiting the Strait of Hormuz without Tehran’s approval.  “Any failure to comply, deviation from the designated route, or disregard for the navigation protocols of the Islamic Republic of Iran in the Strait of Hormuz will be met with an immediate and forceful response from the […]

BP Sells 5% Stake In Australia's Newest $35 Billion LNG Project By Tsvetana Paraskova of OilPrice.com BP will sell 5% in the $35-billion Browse LNG project in Australia, which Australian energy giant Woodside is looking to progress, the UK-based supermajor told Reuters on Monday. BP is selling the 5% stake, out of its total of its 44% interest, to South Korea's GS Energy. “The dilution reflects BP’s disciplined approach to portfolio management by bringing in a committed partner,” BP said in a statement emailed to Reuters. The Browse LNG project in Australia, proposed by...