Rouhani Orders Boosting Non-Oil Exports to Face US Sanctions

 Iranian President Hassan Rouhani delivers a speech in Tehran, June 3, 2014. (photo credit: AFP/ATTA KENARE)
Iranian President Hassan Rouhani delivers a speech in Tehran, June 3, 2014. (photo credit: AFP/ATTA KENARE)
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Rouhani Orders Boosting Non-Oil Exports to Face US Sanctions

 Iranian President Hassan Rouhani delivers a speech in Tehran, June 3, 2014. (photo credit: AFP/ATTA KENARE)
Iranian President Hassan Rouhani delivers a speech in Tehran, June 3, 2014. (photo credit: AFP/ATTA KENARE)

Iranian President Hassan Rouhani called Sunday for promoting trade with neighboring countries and boosting non-oil exports to face the impact of the US sanctions.

This came as the Iranian rial fell to a new low only three days after new US sanctions were announced against 18 Iranian banks.

Addressing the government’s Economic Coordination Committee session on Sunday, Rouhani said his government seeks to increase and develop non-oil exports in light of the most severe embargo imposed on the country.

“It is the duty of the competent authorities to remove administrative barriers in commercial relations with neighboring countries and make this matter a priority for their programs so that administrative red tape is addressed,” stressed Rouhani.

He also urged the Ministry of Economy and Finance to expedite the filling of the technical and administrative needs and deficiencies in the border customs departments and to establish a rapid mechanism for issuing approvals for entry and exit of goods.

Meanwhile, head of the Strategic Council on Foreign Relations Kamal Kharrazi said on Sunday that the new US sanctions against 18 Iranian banking institutions aim to bring the Iranian nation to their knees.

Speaking to IRNA, Kharrazi said the objective behind all the US pressures was to bring the Islamic Republic to collapse, but fortunately, with the resistance of the people, the White House did not achieve its sinister goal.

For its part, Kayhan newspaper, which is known as the voice of Iran’s Supreme Leader Ali Khamenei, accused on Sunday Rouhani’s government of greatly damaging the country by “ignoring” the warnings presented to him five years ago, about the presence of gaps in the Nuclear Deal.



Hopes of Finding More Survivors of Venezuela Earthquakes Fade

 Residents search through the rubble of a building that collapsed in the earthquakes in La Guaira, Venezuela, Tuesday, June 30, 2026. (AP)
Residents search through the rubble of a building that collapsed in the earthquakes in La Guaira, Venezuela, Tuesday, June 30, 2026. (AP)
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Hopes of Finding More Survivors of Venezuela Earthquakes Fade

 Residents search through the rubble of a building that collapsed in the earthquakes in La Guaira, Venezuela, Tuesday, June 30, 2026. (AP)
Residents search through the rubble of a building that collapsed in the earthquakes in La Guaira, Venezuela, Tuesday, June 30, 2026. (AP)

Rescue teams ‌in Venezuela were losing hope on Tuesday of finding more survivors of twin earthquakes that struck the country last week, following hours of grueling work searching for victims beneath the rubble of collapsed buildings.

Rescue teams from Ecuador and the US halted operations early on Tuesday in Macuto, a town in La Guaira state — the area hardest hit by the June 24 earthquakes — after more than 40 hours of work, when they stopped receiving responses from a mother and her three children ‌trapped beneath ‌a nine-story building.

"In the end, we believe the ‌days ⁠have already passed ⁠and that what we will find now is death," said Major Jorge Montanero, leader of the EQ11 team from Guayaquil, located on Ecuador's Pacific coast.

"Unfortunately, things haven't developed favorably," he said as he stood amid rubble after cutting through four concrete slabs of the building in an effort to locate ⁠the four trapped victims.

Some 59,000 buildings were damaged ‌or destroyed by the twin earthquakes — ‌which hit just seconds apart with magnitudes of 7.2 and 7.5 ‌on June 24 — according to NASA estimates. The widespread devastation ‌can be seen from space.

Not all collapsed buildings have had professional rescue teams on site, with relatives and neighbors working to remove debris to pull out survivors or bodies, according to survivors and ‌residents from various areas.

"There is no doubt we are facing a figure higher than ⁠what has ⁠already been reported. I can offer an estimate: we are procuring — and this has been agreed with local authorities — 10,000 body bags," Gianluca Rampolla, the United Nations' resident coordinator in Venezuela, said on Monday from his office in Venezuela's capital, Caracas.

The government of acting President Delcy Rodriguez says at least 1,750 people have died and thousands have been injured as a result of the earthquakes. About 16,000 people were left homeless.

A website promoted by the country's political opposition puts the number of people still missing at around 43,000.


UK to Spend 'Record' £300 Bn on Defense Over Next 4 Years

Britain's Prime Minister Keir Starmer stands beneath display of UAV drones, as he delivers a speech in Berkshire west of London, on June 30, 2026, following the publication of long-delayed Defence Investment Plan (DIP). (Photo by Stefan Rousseau / POOL / AFP)
Britain's Prime Minister Keir Starmer stands beneath display of UAV drones, as he delivers a speech in Berkshire west of London, on June 30, 2026, following the publication of long-delayed Defence Investment Plan (DIP). (Photo by Stefan Rousseau / POOL / AFP)
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UK to Spend 'Record' £300 Bn on Defense Over Next 4 Years

Britain's Prime Minister Keir Starmer stands beneath display of UAV drones, as he delivers a speech in Berkshire west of London, on June 30, 2026, following the publication of long-delayed Defence Investment Plan (DIP). (Photo by Stefan Rousseau / POOL / AFP)
Britain's Prime Minister Keir Starmer stands beneath display of UAV drones, as he delivers a speech in Berkshire west of London, on June 30, 2026, following the publication of long-delayed Defence Investment Plan (DIP). (Photo by Stefan Rousseau / POOL / AFP)

Outgoing UK Prime Minister Keir Starmer announced Tuesday that Britain would spend almost £300 billion ($397 billion) over the next four years to modernize its armed forces amid rising threats.

Starmer, expected to leave office next month after losing the support of Labour MPs, announced the increase in defense spending as he launched his long-awaited 10-year Defense Investment Plan.

Britain will create a new £50 billion ($66 billion) defense export facility to help ⁠domestic firms compete internationally, ⁠ Starmer ⁠said.

Starmer said he had "no doubt" any future Labour government would build on his defense spending plan, when asked whether potential successor Andy Burnham had committed to future ⁠defense investment.

Asked whether Burnham, ⁠the Labour lawmaker expected to replace Keir Starmer as British prime minister, had given assurances he ⁠would raise defense spending in the next review, Starmer said the current program would serve as "a platform on which whoever comes after me can build."

Starmer announced he would step down ⁠earlier ⁠in June. Burnham, currently the only declared candidate to take over from Starmer, could be made prime minister as soon as next month.


Uncertainty Over Diplomacy Clouds Prospects for US-Iran Deal

Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, June 30, 2026. Amirhosein Khorgooi/ISNA/via WANA (West Asia News Agency) via Ruters
Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, June 30, 2026. Amirhosein Khorgooi/ISNA/via WANA (West Asia News Agency) via Ruters
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Uncertainty Over Diplomacy Clouds Prospects for US-Iran Deal

Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, June 30, 2026. Amirhosein Khorgooi/ISNA/via WANA (West Asia News Agency) via Ruters
Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, June 30, 2026. Amirhosein Khorgooi/ISNA/via WANA (West Asia News Agency) via Ruters

Top US envoys who have arrived in Doha will not hold a high-level meeting with Iran, a Qatari official said on Tuesday, casting doubt on the progress of efforts to bring a lasting halt to the Iran war and fully reopen the Strait of Hormuz. 

Instead, there will be technical talks this week on issues including regional security that could later be elevated to senior level, Qatar's Foreign Ministry spokesperson Majed Al-Ansari told a media briefing. 

The arrival of US President Donald Trump's son-in-law Jared Kushner and envoy Steve Witkoff in Doha on Tuesday followed exchanges of fire over the weekend that tested the June 17 interim accord between the United States and Iran.  

The 14-point pact allowed 60 days for the two sides to negotiate a permanent truce in the conflict, which began with ‌US and Israeli strikes ‌on Iran on February 28, and to resolve thorny issues including the future of Iran's ‌nuclear ⁠program. 

The conflict disrupted ⁠global trade in oil and other goods, exposed Gulf states to Iranian drone and missile fire and killed thousands of people, mostly in Iran and Lebanon. 

UNCERTAINTY OVER DIPLOMATIC EFFORTS 

Iranian Foreign Ministry spokesperson Esmaeil Baghaei said dialogue with mediator Qatar on the implementation of the interim deal, including on the release of frozen Iranian assets, was likely to take place in Doha on Wednesday. 

"No meeting at any level with the American side has been scheduled for the coming days," he said. The White House had said on Monday that Kushner and Witkoff would hold "high-level meetings", with technical discussions to continue on the sidelines. 

The exact timing of the technical talks was not immediately clear. 

"We have a track on the nuclear side, you ⁠have a track on the economic and state performance issue, you have a track on security and ‌the regional security," said Al-Ansari.  

Despite the uncertainty over diplomatic moves, oil prices have fallen ‌on the de-escalation since the weekend and are set for their biggest quarterly loss since the COVID-19 pandemic in 2020.  

Vulnerable economies, however, could remain at ‌risk from food and fuel price increases even after energy markets feel relief, the UN trade and development agency said on ‌Tuesday. 

IRAN TRIES TO EXERT CONTROL OVER STRAIT 

After the war began four months ago, maritime traffic through the strait, which previously carried about a fifth of the global trade in oil and liquefied natural gas, came to a virtual standstill.  

Iran has since sought to exert control over the strait alongside Oman, which lies across the waterway, saying it plans to charge fees to ships and obstructing vessels that stray outside defined paths.  

Baghaei said on Tuesday that Tehran would "do ‌whatever is necessary to safeguard its interests" over the strait. 

Since last Thursday, the US has accused Iran of hitting at least two commercial ships with missiles or drones, and it bombed Iranian ⁠military facilities in response. 

Iran in ⁠turn launched missiles and drones at US military sites in the region on Sunday, with both sides accusing each other of breaking the ceasefire.  

The war pushed up global inflation and has put Trump under political pressure before midterm elections in November that will determine control of the US Congress.  

Trump and Treasury Secretary Scott Bessent are both urging gasoline retailers to lower prices.  

On Monday, the White House said Trump had authorized a temporary suspension of some duties on imports of phosphate fertilizer from Morocco as US farmers grapple with shortages. Shipments of fertilizer through the Strait of Hormuz are expected to return to pre-conflict levels only gradually. 

"The meeting in Doha is going to be perhaps important, perhaps not," Trump told reporters in the Oval Office. "We're going to find out."  

In Iran, where the theocratic leadership survived the war but faces domestic anger over a battered economy, two members of the Revolutionary Guards were killed in what the elite force described as a "terrorist" shooting in a western province.  

The interim deal between the US and Iran also provides for an end to the conflict between Israel and Iran-backed group Hezbollah in Lebanon.  

But Lebanon's parliament speaker Nabih Berri, an ally of Hezbollah, cast doubt on a separate, US-brokered framework deal between Lebanon and Israel to halt that war.  

Analysts said the deal risks entrenching a stalemate by tying Israel's withdrawal from southern Lebanon to Hezbollah's disarmament.