Oil prices increase in the United States following the Biden administration's announcement of new sanctions against Iran's petrochemicals industry. The sanctions are an effort to force Iran to comply with the Joint Comprehensive Plan of Action, from which the United States unilaterally withdrew in 2018.
Iranian President Ebrahim Raisi announces that the country is ready to resume nuclear talks and to revive the Joint Comprehensive Plan of Action. Raisi also called on the U.S. to lift its sanctions against Iran.
Saudi Arabian Crown Prince Mohammed bin Salman says that Saudi Arabia will develop nuclear weapons if Iran does.
Iran releases four Iranian-American prisoners including "Washington Post" reporter Jason Rezaian and Christian pastor Saeed Abedini. The United States is to release seven Iranian-Americans held in the United States for violating sanctions against Iran.
Iranian President Mahmoud Ahmadinejad says the International Atomic Energy Agency report is based on "empty claims" and that Iran would not budge from its nuclear program despite allegations it may be trying to develop nuclear weapons; European countries and the US say they will consider fresh sanctions against Iran.