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Separately, the commander of the Revolutionary Guards’ navy said Iran would close the Strait if Tehran is barred from using it. “According to international law, the Strait of Hormuz is a marine passageway and if we are barred from using it, we will shut it down,” the semi-official news agency Fars quoted General Alireza Tangsiri as saying on Monday. “In case of any threat, we will have not even an iota of doubt to protect and defend the Iranian waters,” Tangsiri added fixed backing cufflink.
Tasnim quoted the unnamed source as saying: “Whether the waivers continue or not, Iran’s oil exports will not be zero under any circumstances unless Iranian authorities decide to stop oil exports .. and this is not relevant now.” fixed backing cufflink. “We have been monitoring and analyzing all possible scenarios and conditions for the advance of our country’s oil exports, and necessary measures have been taken .. Iran is not waiting for America’s decision or the lack of it to export its oil,” Tasnim quoted the source as saying.”We have years of experience in neutralizing efforts by enemies to strike blows against our country,” the source added..
ANKARA (Reuters) – Turkey slammed the U.S. decision to end waivers on Iranian oil sanctions, saying it would not serve regional peace and stability, its foreign minister tweeted on Monday. “We do not accept unilateral sanctions and impositions on how we build our relationship with our neighbors,” Foreign Minister Mevlut Cavusoglu said on Twitter. U.S fixed backing cufflink. President Donald Trump has decided not to reissue waivers in May allowing importers to buy Iranian oil without facing U.S. sanctions, the White House said..
WASHINGTON (Reuters) – U.S. home sales fell more than expected in March, pointing to continued weakness in the housing market despite declining mortgage rates and slowing house price gains. The National Association of Realtors said on Monday existing home sales dropped 4.9 percent to a seasonally adjusted annual rate of 5.21 million units last month. February’s sales pace was revised down to 5.48 million units from the previously reported 5.51 million units. Economists polled by Reuters had forecast existing home sales would fall 3.8 percent to a rate of 5.30 million units last month. Existing home sales, which make up about 90 percent of U.S. home sales, declined 5.4 percent from a year ago fixed backing cufflink. That was the 13th straight year-on-year decrease in home sales..
Falling mortgage rates, strengthening wage growth and slowing house price inflation have improved affordability, but housing supply remains tight, especially at the lower end of the market as land and labor shortages are making it difficult for builders to ramp up construction in this market segment. The 30-year fixed mortgage rate has dropped from a peak of about 4.94 percent in November to around 4.12 percent, according to data from mortgage finance agency Freddie Mac. Wage growth is also strengthening fixed backing cufflink.