logo
Fire at Iran's largest oil refinery kills 1 in the country's southwest

Fire at Iran's largest oil refinery kills 1 in the country's southwest

Yahoo4 days ago
TEHRAN, Iran (AP) — A fire at Iran's oldest and largest refinery in the southwest killed one person, state media reported Sunday.
A leaky pump in an under-repair unit at Abadan refinery caused the fire on Saturday, killing a worker, according to the state-owned IRAN newspaper. Firefighters put out the blaze in two hours and operations remained unaffected, the report said.
Iran's deputy parliament speaker, Ali Nikzad, confirmed Sunday that some workers were also injured, media outlets said.
Abadan oil refinery, some 670 kilometers (nearly 416 miles) from the capital Tehran, began its operation in 1912. It is the biggest in the Islamic Republic, producing about 25% of the country's fuel with more than 5,200,000 barrels of oil refined daily.
Several fires have broken out across Iran over the past week at residential and commercial buildings, with authorities saying gas leaks and electrical short-circuiting were to blame.
Iran is one of the world's major producers of oil, though sanctions by Western countries have limited its sales.
Solve the daily Crossword
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

DAVID MARCUS: Why Trump's major triumphs will outlast his polling dip
DAVID MARCUS: Why Trump's major triumphs will outlast his polling dip

Fox News

time3 minutes ago

  • Fox News

DAVID MARCUS: Why Trump's major triumphs will outlast his polling dip

There are two distinct and clear things happening in American politics today that at first blush appear to be in direct conflict, President Donald Trump has had the best six months of any president in recent memory, and he is losing support in the polls. How can this be? In fact, the way to reconcile Trump's signature successes with his drop in approval is to understand that the president has expended an enormous amount of political capital, sacrificing support today, in the hope of good results tomorrow. The achievements of the Trump administration are truly breathtaking when taken as a whole, starting with his central campaign promise, to shut down the southern border. In a funny way, Trump was too successful on the border for his own political good. Had he cut the number of entries in half by now, it would still have been a positive story for the president, but he brought it to zero, so the issue is all but gone and forgotten, and nobody is getting any credit for it. Then we have the passage of the 'big, beautiful bill, the largest tax cut in history packed with big political winners like no tax on overtime and tips, and passed by a tiny GOP majority in Congress. While that was going on, Trump also attacked Iran's nuclear facilities, badly damaging them and setting our geopolitical foe's weapons program back years in a bold and perfectly executed mission. Donald Trump has also unleashed his decades-long desire for higher tariffs to bolster American jobs and manufacturing, and after an all out panic from markets and pundits on "Liberation Day," back in April, the economy is now humming, largely free of inflation. Last but not least, Trump, through his rescission package defunded NPR and PBS, something that has been the great white whale of many a conservative for many a year. They said it couldn't be done, but Trump did it. The scope, scale and speed of Trump's triumphs are the good news, but they are always why his polling can get a bit jumpy, which is what we have seen over the past few weeks. According to the Real Clear Politics average of polls, Trump has shed about 3.5 points since July 7th -- not a drop off a cliff, but not nothing, either. It's mostly down to how busy he has been. Above were listed 5 major accomplishments. There are, to be sure, many voters who love all five, but there are also voters who like 3 or 4 but not the others, and in approval polling the stuff people don't like is louder than stuff they do. Two weeks ago on a trip to Texas, I reported on these warning signs, especially around the deportations of illegal aliens without any other criminal record that make many Americans, including some Trump supporters, queasy. There is also an isolationist wing of the MAGA movement that hates the Iran strike, and even though its dire warnings of World War III fizzled like a cap gun in a hard rain, that still dinged the numbers. Likewise, there are still plenty of individuals and industries that strongly dislike the tariffs, even if the economic sky hasn't fallen. The point here, as Abe Lincoln once put it, is that you can't please all the people all the time, and when you do as much as Trump has, this quickly, you are sure to displease lots and lots of folks. The real bet that the Trump administration is making is not on the short-term popularity of any of its top achievements, but rather that a year from now, they will have made the lives of Americans better. Donald Trump, even with just one term this time around, is committed to leaving our nation a very different place in 2029 than he found it in 2025. To do this requires an all-out assault on institutions from the deep state, to academia, to the media. Trump can't poke as many political bears as he is without catching a few flesh wounds from the claws, but there is no sign of any imminent collapse that could thwart his overall efforts. For six months, I have argued that Trump had all the runway he needed to put his plans in action. That was true, and he got a lot of planes up in the air, but the runway may be shortening now. Now, all that is left is to judge the results of the Trumpian whirlwind of the past six months, and find out if this has been political capital well spent.

Europeans to test Iran's appetite for nuclear compromise as sanctions loom
Europeans to test Iran's appetite for nuclear compromise as sanctions loom

Yahoo

timean hour ago

  • Yahoo

Europeans to test Iran's appetite for nuclear compromise as sanctions loom

By John Irish and Parisa Hafezi PARIS (Reuters) -France, Britain and Germany will hold face-to-face talks with Iran on Friday for the first time since U.S. and Israeli strikes on Iranian nuclear sites in June, aiming to gauge Tehran's appetite for a compromise to avert sanctions, diplomats say. The three European countries, along with China and Russia, are the remaining parties to a 2015 deal - from which the U.S. withdrew in 2018 - that lifted sanctions on Iran in return for restrictions on its nuclear programme. Friday's talks between senior diplomats from the so-called E3 group and Iran's negotiating team will be held in Istanbul. The United States held five rounds of talks with Iran prior to its airstrikes in June, which U.S. President Donald Trump, said had "obliterated" a programme that Washington and its ally Israel say is aimed at acquiring a nuclear bomb. Iran denies seeking a nuclear weapon. European and Iranian diplomats say there is no prospect of Iran re-engaging with the U.S. at the negotiating table for now. But the Europeans say negotiations must be revived due to a halt in inspections of nuclear facilities by the International Atomic Energy Agency (IAEA) and as an October 18 deadline for the expiration of the 2015 deal draws closer. They also want answers over the location of 400 kg (880 pounds) of near-weapons grade highly enriched uranium, whose whereabouts have not been known since last month's strikes. "We are determined to do everything to reach a diplomatic solution," German Foreign Minister Johann Wadephul told a press conference in Paris on July 18. SNAPBACK OR EXTENSION? Under the terms of the U.N. Security Council resolution enshrining the 2015 deal, U.N. sanctions could be reimposed before the agreement expires - a process that would take about 30 days. The E3, who do not want to lose leverage by letting the deal expire, have warned that unless there is a new nuclear accord they will launch the "snapback mechanism", which would restore all previous U.N. sanctions on Iran, including on the oil, banking and defence sectors. With Russia - an ally of Iran - taking over the Security Council presidency in October, the three European countries have signalled that the latest window to reactivate the sanctions would be the end of August. Three European, one regional and an Iranian diplomat said the meeting in Istanbul would focus primarily on the issue of the snapback mechanism. They said the E3 would float the possibility to Iran of extending the snapback mechanism by up to six months. In return, Iran would need to make commitments on key issues, including eventual talks with Washington, full cooperation with the IAEA, and accounting for its stockpile of highly enriched uranium. Speaking to reporters at the U.N. on Wednesday, Iranian Deputy Foreign Minister Kazem Gharibabadi, who will be in Istanbul, said Tehran had agreed to allow a technical team from the IAEA to visit in the coming weeks. He warned that a triggering of the snapback mechanism would be met with a strong response from Tehran. It has previously threatened to leave the Non-Proliferation Treaty (NPT) over the issue. Gharibabadi added that he had heard about the possibility of an extension. "That's very premature now to discuss the issue of the extension. We have almost about three months actually, till the deadline of 18th of October," he said. A Trump administration official, speaking on condition of anonymity, said the U.S. was "coordinated" with the E3 when asked whether Washington was discussing the reimposition of sanctions with them, but declined to elaborate. Israel's Strategic Affairs Minister Ron Dermer was in Paris on Thursday and due to meet French officials for talks on various subjects, including Iran, four sources said. Israel launched the attacks on Iran saying it wanted to remove any chance of its arch-foe developing nuclear weapons. (Additional reporting by Alexander Ratz in Berlin, Michelle Nichols at the United Nations and Matt Spetalnick in Washington;Editing by Helen Popper)

Palo Alto Networks (PANW): '.These Guys Are Frantically Getting Customers,' Says Jim Cramer
Palo Alto Networks (PANW): '.These Guys Are Frantically Getting Customers,' Says Jim Cramer

Yahoo

time2 hours ago

  • Yahoo

Palo Alto Networks (PANW): '.These Guys Are Frantically Getting Customers,' Says Jim Cramer

We recently published . Palo Alto Networks, Inc. (NASDAQ:PANW) is one of the stocks Jim Cramer recently discussed. Palo Alto Networks, Inc. (NASDAQ:PANW)'s shares are up by 8.8% year-to-date and have gained 1.9% over the past five days. The recent gains are due to Microsoft's IT attack, which created fresh interest in the cybersecurity industry. Cramer has maintained throughout 2025 that he believes cybersecurity is one of the more stable sectors to invest in due to the expected growth in software usage from AI. This time, he commented on Palo Alto Networks, Inc. (NASDAQ:PANW)'s role in the Microsoft attack: '[On whether the frequency of high profile attacks was getting less] No I think one of the things that we have to recognize is that, there's a lot of these bad corporations that do this stuff. We have to recognize that Iran is very good at this. We have to recognize that Russia is very good at this. And what happens is, you don't know who to call. So you call Nitesh Arora, Palo Alto. . . .These guys are frantically getting customers. Now it's interesting, the hack was July 19th, Microsoft. What was July 19th? That was the day last year, eight million computers shut down because of a glitch of Crowdstrike. . . The anniversary! What goes around comes around.' welcomia/ Previously, the CNBC TV host discussed whether he likes Palo Alto Networks, Inc. (NASDAQ:PANW)'s stock: 'I want to live in Palo Alto, and I want to own the stock of Palo Alto. That's how I feel about it. Nikesh Arora, doing a fabulous job.' While we acknowledge the potential of PANW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store