The U.S. said it’s concerned about reports of China’s interference with offshore oil and gas activities by Vietnam in the South China Sea, saying Beijing is threatening regional energy security.
The reopening of the British embassy in Tehran was meant to usher in a new era in relations. As the Union Jack flag was raised above the lush, landscaped gardens of the complex in August 2015, then-Foreign Secretary Philip Hammond said the event marked “an important milestone.”
Markets pay too much attention to manufacturing data and shouldn’t be overly concerned about recent weakness in the sector, according to Goldman Sachs Group Inc.
Fars News released a video showing the moment Friday when Iranian naval vessels and a helicopter seized the U.K.-flagged tanker Stena Impero in the Strait of Hormuz.
Iran said a British oil tanker that’s been seized in the Persian Gulf had entered the Strait of Hormuz from the "wrong direction" and will be held until a judicial assessment is completed.
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