US President Donald Trump has announced plans to tighten sanctions on Iran.
He has ordered the Treasury Department to implement the measures.
Trump's announcement comes just days after Washington said that Tehran was ‘possibly’ involved in an attack on Saudi Aramco’s oil processing facilities.
Meanwhile, Saudi Arabia’s energy minister has said that the country's oil production would return to normal by the end of this month.
Iran names Mojtaba Khamenei as new supreme leader
Iran has named Mojtaba Khamenei to succeed his father, Ayatollah Ali Khamenei, as supreme leader as the week-old US-Israeli war with Iran pushed oil above $100 a barrel.
Trump says he is 'nowhere near' deciding to send troops to Iran
President Donald Trump said on Monday that he was "nowhere near" deciding whether to send U.S. troops into Iran to secure the stockpile of highly enriched uranium there.
Lebanon parliament extends its own mandate for two years as war intensifies
Lebanon’s parliament extended its own mandate for two years on Monday, a statement from the speaker's office said, pushing back elections that were meant to take place in May of this year.
France to deploy almost dozen warships, mulls Hormuz mission, Macron says
France is deploying about a dozen naval vessels, including its aircraft carrier strike group, to the Mediterranean, Red Sea and potentially the Strait of Hormuz as part of defensive support to allies threatened by the conflict in the Middle East.
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