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Europeans likely to initiate UN sanctions process on Iran on Thursday, sources say

Tehran has warned of a “harsh response” if sanctions are reinstated.

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Britain, France and Germany are likely to begin the process of reimposing U.N. sanctions on Iran on Thursday, but hope Tehran will provide commitments over its nuclear programme within 30 days that will convince them to defer concrete action, four diplomats said.

The trio, known as the E3, met Iran on Tuesday to try to revive diplomacy over the nuclear programme before they lose the ability in mid-October to restore sanctions on Tehran that were lifted under a 2015 nuclear accord with world powers, Reuters reported.

Three European diplomats and a Western diplomat said Tuesday’s talks did not yield sufficiently tangible commitments from Iran, although they believed there was scope for further diplomacy in the coming weeks.

They said the E3 had decided to start triggering the so-called snapback of U.N. sanctions, possibly as early as Thursday, over accusations that Iran has violated the 2015 deal with world powers that aimed to prevent Tehran from developing a nuclear weapon.

The West says the advancement of Iran’s nuclear programme goes beyond civilian needs, while Tehran denies it is seeking nuclear weapons.

The U.N process takes 30 days before sanctions that would cover Iran’s financial, banking, hydrocarbons and defence sectors were restored.

“The real negotiations will start once the letter (to the U.N. Security Council) is submitted,” the Western diplomat said, speaking on condition of anonymity.

A German foreign ministry spokesperson said triggering the snapback remained an option for the E3. The British and French foreign ministries did not immediately respond to requests for comment.

Tehran has warned of a “harsh response” if sanctions are reinstated, read the report.

U.N. nuclear inspectors have returned to Iran for the first time since it suspended cooperation with them in the wake of Israel and the United States’ attacks on its nuclear sites in June, Iranian state media reported on Wednesday.

International Atomic Energy Agency chief Rafael Grossi said on Tuesday they had been allowed into the country, although there was no agreement on what they would actually be allowed to do there or whether they would have access to nuclear facilities.

Iranian Foreign Minister Abbas Araqchi also told lawmakers Tehran had not reached an agreement on how it would resume full work with the watchdog, parliament news agency ICANA reported.

The E3 have offered to delay the snapback for as much as six months to enable serious negotiations if Iran resumes full U.N. inspections – which would also seek to account for Iran’s large stock of enriched uranium that has not been verified since the attacks – and engages in talks with the United States.

Iran has been enriching uranium to up to 60% fissile purity, a short step from the roughly 90% of weapons-grade, and had enough material enriched to that level, if refined further, for six nuclear weapons, before the strikes by Israel started on June 13, according the IAEA.

Actually producing a weapon would take more time, however, and the IAEA has said that while it cannot guarantee Tehran’s nuclear programme is entirely peaceful, it has no credible indication of a coordinated weapons project in the Islamic Republic.

Iran and the United States had held several rounds of talks before June, Reuters reported.

One diplomat said Iran had shown signs of readiness to resume negotiations with the U.S. in Tuesday’s meeting with the E3. An Iranian source said it would only do so “if Washington guarantees there will be no (military) strikes during the talks”.

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Fourteen Pakistani police officers killed in KP car bombing and shootout

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The death toll from a suicide attack on a security post in northwest Pakistan rose to 14 police officers, authorities said early Sunday.

A suicide bomber and several gunmen detonated an explosives-laden vehicle near the post in Bannu, a district in Khyber Pakhtunkhwa province, late Saturday, said senior police official Sajjad Khan. The attack triggered an intense shootout, and some officers were killed in the exchange, while others died later after the building collapsed, the Associated Press reported.

Rescuers conducted an hourslong search operation using heavy machinery to retrieve bodies from under the rubble, Khan said, adding that three police officers were wounded in the attack.

Security forces have also launched an operation to track down the perpetrators.

A newly formed militant group, Ittehad-ul-Mujahideen Pakistan, claimed responsibility for the attack.

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UAE countering Iranian air attack after Trump says ceasefire still in effect

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U.S. ally ​the United Arab Emirates said its air defences were engaging missile and drone threats from Iran early on Friday in a further ‌test of the shaky, month-long ceasefire between the U.S. and Iran.

There were few details immediately available about the latest attack on the UAE, which came a day after the U.S. and Iran exchanged fire around the Strait of Hormuz, and as Washington awaited a response from Tehran to its proposal to end the conflict. Iran has often targeted the UAE and other Gulf countries that ​host U.S. bases since the war began on February 28, Reuters reported.

President Donald Trump said on Thursday three U.S. Navy destroyers were attacked as they ​moved through the strait, a conduit for around a fifth of the world’s oil and liquefied natural gas flows that Iran has ⁠all but closed since the conflict started.

“Three World Class American Destroyers just transited, very successfully, out of the Strait of Hormuz, under fire. There was no damage ​done to the three Destroyers, but great damage done to the Iranian attackers,” Trump wrote on Truth Social.

Trump later told reporters the ceasefire was still in effect and ​sought to play down the exchange.

“They trifled with us today. We blew them away,” Trump said in Washington.

Iran’s top joint military command accused the U.S. of violating the ceasefire by targeting an Iranian oil tanker and another ship, and of carrying out air attacks on civilian areas on Qeshm Island in the Strait of Hormuz and the nearby coastal areas of Bandar ​Khamir and Sirik on the mainland. The military said it responded by attacking U.S. military vessels east of the strait and south of the port of Chabahar.

A ​spokesperson for Iran’s Khatam al-Anbiya Central Headquarters said the Iranian strikes inflicted “significant damage,” but U.S. Central Command said none of its assets were hit.

Iran’s Press TV later reported that, following ‌several hours ⁠of fire, “the situation on Iranian islands and coastal cities by the Strait of Hormuz is back to normal now.”

The two sides have occasionally exchanged gunfire since the ceasefire took effect on April 7, with Iran hitting targets in Gulf countries including the UAE.

Oil prices rose in early trade in Asia on Friday, with Brent crude jumping above $100 a barrel after the latest clashes between the U.S. and Iran.

TRUMP URGES NEGOTIATED END TO WAR

Trump suggested ongoing talks with Tehran remained on track despite Thursday’s ​hostilities, telling reporters, “We’re negotiating with the ​Iranians.”

Before the latest strikes, the U.S. ⁠had floated a proposal that would formally end the conflict but did not address key U.S. demands that Iran suspend its nuclear work and reopen the strait.

Tehran said it had not yet reached a decision on the emerging plan.

Even so, Trump said Tehran had ​acknowledged his demand that Iran could never get a nuclear weapon, a prohibition he said was spelled out in the ​U.S. proposal.

“There’s zero chance. ⁠And they know that, and they’ve agreed to that. Let’s see if they are willing to sign it,” Trump said.

Asked when any deal might be reached, Trump said, “It might not happen, but it could happen any day. I believe they want to deal more than I do.”

The war has tested Trump’s relationship with his U.S. base of ⁠supporters, after he ​had campaigned against involving the United States in foreign wars and promised to bring down fuel ​prices.

Average U.S. gasoline prices have climbed more than 40% since late February, rising by about $1.20 a gallon to more than $4, according to data from the American Automobile Association, as disruptions to oil shipments ​through the Strait of Hormuz pushed crude oil prices higher.

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US and Iran closing in on one-page memo to end war, Axios reports

The U.S. State Department and White House did not immediately respond to a request for comment.

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The White House believes it is getting ‌close to an agreement with Iran on a one-page memorandum of understanding to end the war and set a framework for more detailed nuclear negotiations, Axios reported on Wednesday, citing two U.S. officials and two ​other sources briefed on the issue.

The U.S. expects Iranian responses on several key ​points in the next 48 hours, according to the report which cautioned ⁠that nothing has been agreed yet but said this was the closest the parties ​had been to an agreement since the war began, Reuters reported.

Among other provisions, the deal would involve ​Iran committing to a moratorium on nuclear enrichment, the U.S. agreeing to lift its sanctions and release billions in frozen Iranian funds, and both sides lifting restrictions around transit through the Strait of Hormuz, ​Axios said.

The one-page, 14-point memorandum of understanding is being negotiated between U.S. envoys Steve ​Witkoff and Jared Kushner and several Iranian officials, both directly and through mediators, the report said.

In its ‌current ⁠form, the memorandum would declare an end to the war in the region and the start of a 30-day period of negotiations on a detailed agreement to open the strait, limit Iran’s nuclear programme and lift U.S. sanctions, Axios added.

Iran’s restrictions on shipping through ​the strait and the ​U.S. naval blockade ⁠would be gradually lifted during that 30-day period, Axios said, citing one U.S. official who added that if the negotiations collapse, U.S. ​forces would be able to restore the blockade or resume military ​action, read the report.

Iran said ⁠earlier on Wednesday it would accept a peace deal only if it was “fair”, after U.S. President Donald Trump paused a three-day-old naval mission tasked with reopening the Strait of Hormuz that had ⁠shaken the ​war’s month-old ceasefire.

Reuters could not immediately verify the ​report. The U.S. State Department and White House did not immediately respond to a request for comment.

U.S. stock index ​futures extended gains following the Axios report.

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