JUST IN: U.S. crude rises by more than $1 after downing of Iranian drone by U.S. Navy in middle east
Relations between the United States and Iran have worsened since last year when Trump abandoned a 2015 deal between world powers and Iran in which Tehran agreed to restrict nuclear work in return for the lifting of sanctions.
But Zarif told reporters on Thursday that Iran had offered to make a concession on its nuclear program - to ratify a document prescribing more intrusive inspections - if the United States abandoned its economic sanctions - a proposal that drew U.S. skepticism. The Panamanian-flagged oil tanker MT Riah disappeared off trackers in Iranian territorial waters days ago.
Revolutionary Guards Commander-in-Chief Hossein Salami said on Thursday that Iran had adopted a defensive strategy, but warned that “if our enemies make any mistakes ... our strategy can become an offensive one.”
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