Middle East crisis live: Iran says it needs guarantees against attacks before Gulf can be stable

Tehran’s UN envoy says ‘full respect’ of Iran’s rights also key for lasting regional stabilityUS is being ‘humiliated’ by Iran’s leadership, says Friedrich MerzThe US treasury secretary, Scott Bessent, has said Iran’s oil industry is starting to shut production down because of the American blockade of the strait of Hormuz, the critical shipping channel via which about 20% of the world’s oil and liquefied natural gas is usually transported through.“Pumping will soon collapse. Gasoline shortages in Iran next,” he added in a post on X. Continue reading...