The China Mail - Iran fires missile salvo after Trump signals progress in talks

USD -
AED 3.673042
AFN 64.000368
ALL 80.559269
AMD 363.520403
ANG 1.790365
AOA 918.000367
ARS 1529.000104
AUD 1.421904
AWG 1.8
AZN 1.70397
BAM 1.714464
BBD 2.012413
BDT 122.948664
BGN 1.683441
BHD 0.377041
BIF 2997
BMD 1
BND 1.276562
BOB 12.244898
BRL 5.188104
BSD 0.999106
BTN 95.679045
BWP 13.604786
BYN 3.018795
BYR 19600
BZD 2.00952
CAD 1.41465
CDF 2340.000362
CHF 0.828114
CLF 0.024357
CLP 961.770396
CNY 6.71325
CNH 6.72581
COP 3304.74
CRC 454.274493
CUC 1
CUP 23.978646
CVE 97.12504
CZK 21.384404
DJF 177.720393
DKK 6.562804
DOP 59.503884
DZD 133.78604
EGP 51.914688
ERN 15
ETB 162.087103
EUR 0.87791
FJD 2.24725
FKP 0.756753
GBP 0.754546
GEL 2.61504
GGP 0.756753
GHS 11.604951
GIP 0.756753
GMD 73.503851
GNF 8787.432499
GTQ 7.630269
GYD 209.052178
HKD 7.84345
HNL 26.817273
HRK 6.613804
HTG 130.75952
HUF 320.61504
IDR 17914.1
ILS 3.04806
IMP 0.756753
INR 95.81765
IQD 1308.910162
IRR 1374575.000352
ISK 120.260386
JEP 0.756753
JMD 158.069366
JOD 0.70904
JPY 157.27504
KES 129.540385
KGS 87.448204
KHR 4063.223227
KMF 433.00035
KPW 900.000318
KRW 1354.750383
KWD 0.30864
KYD 0.832592
KZT 442.57352
LAK 22411.284101
LBP 89473.841083
LKR 329.886786
LRD 171.856371
LSL 16.301459
LTL 2.95274
LVL 0.60489
LYD 6.387819
MAD 9.588067
MDL 17.734435
MGA 4411.249036
MKD 53.977298
MMK 2099.49869
MNT 3598.832458
MOP 8.072056
MRU 40.194433
MUR 47.530378
MVR 15.450378
MWK 1732.502279
MXN 17.68405
MYR 4.074104
MZN 63.910377
NAD 16.301459
NGN 1326.380377
NIO 36.766253
NOK 9.50785
NPR 153.086647
NZD 1.765537
OMR 0.385672
PAB 0.999106
PEN 3.391893
PGK 4.451574
PHP 62.347038
PKR 276.855854
PLN 3.83775
PYG 5889.262922
QAR 3.641998
RON 4.629204
RSD 102.866038
RUB 84.387414
RWF 1476.627731
SAR 3.749807
SBD 8.000512
SCR 13.906325
SDG 601.503676
SEK 9.91775
SGD 1.278038
SHP 0.755002
SLE 24.650371
SLL 20969.491881
SOS 571.04285
SRD 37.667504
STD 20697.981008
STN 21.477663
SVC 8.742724
SYP 13002.000254
SZL 16.297602
THB 33.375038
TJS 9.217161
TMT 3.51
TND 2.957752
TOP 2.40776
TRY 48.942504
TTD 6.795708
TWD 31.728704
TZS 2644.998038
UAH 44.740953
UGX 3913.317904
UYU 40.026123
UZS 11824.624919
VES 852.43145
VND 25976
VUV 118.506411
WST 2.765483
XAF 575.871484
XAG 0.015553
XAU 0.000233347179
XCD 2.70255
XCG 1.8005
XDR 0.707052
XOF 575.871484
XPF 104.548005
YER 236.650363
ZAR 16.29284
ZMK 9001.203584
ZMW 19.490322
ZWL 321.999592
SSP 5712.5919
MXV 2.003989
  • RELX

    0.0100

    33.52

    +0.03%

  • NGG

    0.2600

    75.49

    +0.34%

  • BCE

    -0.3300

    20.97

    -1.57%

  • RBGPF

    -0.5900

    65.4

    -0.9%

  • BCC

    1.0400

    77.14

    +1.35%

  • RIO

    0.0900

    94.56

    +0.1%

  • CMSC

    -0.1100

    20.4

    -0.54%

  • JRI

    -0.1500

    11.02

    -1.36%

  • CMSD

    -0.0700

    20.3

    -0.34%

  • RYCEF

    -0.3600

    19.31

    -1.86%

  • AZN

    2.0200

    166.58

    +1.21%

  • VOD

    0.1300

    16.62

    +0.78%

  • GSK

    -0.4100

    49.24

    -0.83%

  • BP

    -0.2600

    44.15

    -0.59%

  • BTI

    -0.3900

    55.63

    -0.7%

Iran fires missile salvo after Trump signals progress in talks
Iran fires missile salvo after Trump signals progress in talks / Photo: © AFP

Iran fires missile salvo after Trump signals progress in talks

Iran launched a new missile salvo across the Middle East on Wednesday, after US President Donald Trump's signals that he was eager to talk with Tehran steadied global markets.

Text size:

Oil prices dropped sharply and stocks in Asia rose on broader de-escalation hopes following nearly four weeks of war, as Trump appeared to be ramping up efforts to bring an end to his joint military operation with Israel.

Trump, whose daily statements have swung wildly from threatening to conciliatory, said Washington was "in negotiations right now" with Tehran.

"They did something yesterday that was amazing actually. They gave us a present and the present arrived today. And it was a very big present worth a tremendous amount of money," he told reporters in the Oval Office.

"That meant one thing to me -- we're dealing with the right people."

The US leader did not explain further but said it related to the Strait of Hormuz, which Iran has largely blockaded in retaliation for US and Israeli strikes, spiking global energy prices.

Iranian officials have yet to confirm any formal talks.

However, the New York Times -- quoting several unnamed officials -- reported that Washington has sent a 15-point plan to Iran via Pakistan, which has offered to mediate, in a bid to end the war.

It was not clear if Israel, which has been carrying out strikes on Iran and ally Hezbollah in Lebanon, was aware or on board with the plan.

Trump's cryptic statements on his eagerness to talk with Iran included repeating a claim that Tehran has "agreed they will never have a nuclear weapon".

Iran had agreed in 2015 to broad restraints on its contested nuclear program in a deal that Trump ripped up during his first term as he joined Israel in applying pressure to the cleric-run state.

Despite the US leader's stated hopes for a deal, The Wall Street Journal reported that Washington is planning to send a further 3,000 soldiers to the Middle East.

- Fresh Gulf attacks -

While Trump hinted at backchannel diplomacy, Iran's Revolutionary Guards said they had fired a fresh wave of missiles Wednesday at Israel, as well as bases hosting US forces in Kuwait, Jordan and Bahrain.

The Islamic republic has kept up its retaliatory attacks on Israel and Gulf nations it accuses of serving as launchpads for US strikes.

Drones hit a fuel tank and sparked a fire at Kuwait International Airport, the Gulf state's civil aviation authority said, causing "limited" damage.

In Bahrain, the interior ministry said air raid sirens were activated, while Jordan's public security directorate reported shrapnel fell near the capital Amman, resulting in no casualties or damage.

Saudi Arabia said it had intercepted at least four drones in the kingdom's east.

Israel meanwhile said it was launching new strikes on "infrastructure of the Iranian terror regime" after announcing new Iranian missile launches at the country.

Iran on Tuesday accused Israel of carrying out a second strike on Bushehr nuclear plant, a civilian site.

"The sounds, the explosions, the missiles -- they are part of our daily life now," a 35-year-old woman in Tehran told AFP by telephone.

In Lebanon, state media said Israeli strikes killed six people in a town and a Palestinian refugee camp in the southern Sidon area. There was no immediate comment from the Israeli military.

Israel has stepped up its campaign against the Iran-backed Hezbollah militant group in Lebanon, saying its military would take control of south Lebanon up to the Litani river, around 30 kilometres (20 miles) from the border.

Trump's envoys were negotiating a nuclear deal with Iran just two days before the United States and Israel launched the massive attack on February 28, killing Iran's supreme leader Ayatollah Ali Khamenei on the first day.

Lebanon was then pulled into the war when Hezbollah began firing rockets into Israel on March 2 to avenge Khamenei's killing.

The conflict has also pulled Iraq, which neighbours Iran, deeper into the war.

Baghdad said it would summon the US charge d'affaires and the Iranian ambassador after deadly strikes blamed on their countries, as Iraqi authorities granted targeted former paramilitary groups the "right to respond".

- 'Non-hostile vessels' -

As the trading of strikes carried on, focus remained on the Strait of Hormuz, the key oil route responsible for carrying a fifth of the world's crude oil.

Tehran, in a message circulated by the International Maritime Organization, assured safe passage through the strait to "non-hostile vessels".

Iran had already said it was not targeting friendly nations.

The IMO said a communique issued by Iran's foreign ministry said any vessels belonging to "the aggressor parties -- namely the United States and the Israeli regime" would not be allowed passage.

Trump had earlier threatened to "obliterate" Iran's power plants, which some argue would be a war crime, if it did not open the strait by late Monday Washington time.

Before US markets opened Monday, Trump abruptly extended that deadline by five days, citing diplomatic progress.

But signs of a possible conclusion to the war saw benchmark price of crude oil dropped more than six percent.

Prices at the pump have soared in the US after Trump launched the war with Israel, causing him a political headache.

As the US leader mounted his threats if Iran did not agree to his demands, French President Emmanuel Macron demanded Tehran take any talks seriously.

"I called on Iran to engage in good faith in negotiations," he wrote on X, after a call with his Iranian counterpart Masoud Pezeshkian.

burs-jfx/jm

B.Clarke--ThChM