OPEC talks over a production freeze broke down over the weekend, when it became clear that Iran wouldn't join in with cuts itself. Instead Tehran is determined to ramp up oil production until output reaches pre-sanctions levels.
Tehran will respond to any wrong move from Washington in the dispute over the nuclear deal, says Iran's Supreme Leader Ayatollah Khamenei. Previously, Donald Trump hinted he might tear-up the long-negotiated accord.
The US has agreed to extend sanctions relief for Iran — for now. But President Donald Trump has said he will make a final decision in October on the outcome of the 2015 nuclear agreement, and critics fear the worst.
Iranian state television carried footage showing the launch of the Khoramshahr missile. The medium-range missile was first displayed at a high-profile military parade on Friday.
Russia has voted in favor of new sanctions against North Korea in the United Nations Security Council, even though they include new oil sanctions. The Russian resource plays a much greater role than previously thought.
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