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Israel Strikes Tehran as Trump Says Iran Deal May be Reached 'Soon'

Israel said Monday it was striking military targets across Tehran, a day after US President Donald Trump insisted a deal could "soon" be reached, while not ruling out ground operations. Iran also launched fresh strikes on Israel, Kuwait and Saudi Arabia after its electrical facilities came under attack at the weekend, cutting power to parts of ...

Gulf Allies Privately Urge Trump to Press War on Iran: Report

Gulf Arab allies are privately urging President Donald Trump to intensify the war against Iran and avoid a premature settlement, even as the White House considers scaling back its military campaign without securing full control over the Strait of Hormuz, according to a report by the Times of Israel. According to U.S., Gulf, and Israeli officials, ...

Stocks Rally, Oil Dives as Trump Says War to End 'Very Soon'

Equities rallied and oil tumbled Wednesday after US President Donald Trump said the Middle East war would be over in up to three weeks and his Iranian counterpart said Tehran had "the necessary will" to bring it to an end. The remarks came as the economic impact of the conflict worsens, with average US gasoline prices topping $4 a gallon for the ...

Oil Surges as Trump Signals Escalation Against Iran

Oil prices jumped in volatile trading on Thursday morning after Donald Trump warned of potential further military action against Iran, dampening hopes for a near-term de-escalation in the conflict, CNBC reported. U.S. West Texas Intermediate (WTI) crude futures for May rose 5.9% to $106.02 a barrel as of 3:11 a.m. ET, while June Brent crude ...

PM Salam: Lebanon Trapped in a War It Did Not Choose, Reasserts State Authority

Lebanon’s government moved to reassert its authority in a cabinet meeting on Thursday, as Prime Minister Nawaf Salam warned that the country is being dragged into a war it neither chose nor controls amid growing concerns over the role Hezbollah is playing to escalate the conflict. Speaking after a cabinet session at the Grand Serail, Salam ...

Ceasefire Efforts Collapse as Iran Rejects Talks: Report

Efforts to broker a ceasefire between the United States and Iran have collapsed, as Tehran rejected direct engagement with Washington and regional mediation initiatives stalled, signaling a deepening deadlock as the war enters its sixth week. According to The Times of Israel, Iran has informed mediators it will not participate in proposed talks ...

Defiant Iran Ramps up Attacks After Trump Warning

Iran launched fresh attacks across the Middle East on Monday and threatened "devastating" retaliation, after US President Donald Trump's expletive-laced warning that Tehran must reopen the Strait of Hormuz. Israel, Kuwait and the United Arab Emirates reported a barrage of missile and drone strikes early Monday. The attacks came as Tehran ramped ...

Iran Rejects Immediate Ceasefire as Revolutionary Guard's Vow New 'Order' for Persian Gulf

Iran's Revolutionary Guards said they are completing preparations to enforce new operating conditions in the Strait of Hormuz, which has been all but shut since the war with the United States and Israel began. "The IRGC naval force is completing operational preparations for the Iranian authorities' #declared_plan for the new Persian ...

Trump Speaks to Press on Iran as Ceasefire Proposals Waver

U.S. President Donald Trump held a series of public speeches on Iran at the White House on Monday as the U.S. and Iran approach Trump’s Tuesday evening deadline for a deal. Trump has claimed success in U.S. operations in Iran so far, asserting that “we can leave Iran now and it will take decades for it to get back to what it was, but ...

Oil Prices Rally, Stocks Edge Up After Trump's Latest Iran Threat

Oil prices rose Tuesday while equities edged up tentatively as investors assessed Donald Trump's latest deadline for Iran to reopen the strategic Strait of Hormuz or be "decimated." As the Middle East war entered its sixth week, the U.S. president warned Tehran that its civilian infrastructure would be destroyed if it did not let ...

New Strikes in Tehran as Deadline Looms for Trump Threat to Infrastructure

New strikes rocked Tehran on Tuesday, with Iran showing no sign of backing down as a U.S. deadline loomed for it to reopen the Strait of Hormuz or have its civilian infrastructure "decimated," according to President Donald Trump. The U.S. leader has warned that unless Tehran allows free passage through the strategic oil chokepoint by midnight ...

U.S.-Iran Truce Hangs in Balance as War Flares in Lebanon

The fragile two-week truce between Iran and the United States was hanging in the balance on Wednesday, with Tehran threatening to resume hostilities as Israel launched a major bombardment of Lebanon. Washington and Tehran both claimed victory after agreeing to a two-week ceasefire and negotiations aimed at ending a war that has killed thousands ...

Iran Announces Alternative Routes in Hormuz Strait

Iran announced alternative routes on Thursday for ships travelling through the Strait of Hormuz, citing the risk of sea mines in the main zone of the vital waterway. Tehran has agreed to temporarily reopen the strait, through which one-fifth of the world's oil usually passes, as part of a two-week truce. "All ships intending to transit ...

U.S. Oil Benchmark Jumps 8%, Surpasses $100 After Failed U.S.-Iran Talks

The US oil benchmark rebounded above $100 a barrel on Monday after peace talks between the United States and Iran failed to make a breakthrough, and with US President Donald Trump ordering a blockade of Iranian ports. Shortly after trading began, a barrel of West Texas Intermediate (WTI) for May delivery rose around eight percent to $104.50, ...

After Islamabad

Whatever different people may think about the Trump Administration's approach to Iran, 21 hours of talks led by the American vice president demonstrated a seriousness of diplomatic purpose.  However, it was never likely that the wide gap between the goals of Washington and those of Tehran would be bridged in a day.  Eight American presidents ...

Trump Hails Tehran's Move to Open Strait of Hormuz, Blockade on Iranian Ports to Continue

U.S. President Donald Trump on Friday welcomed Iran’s announcement that the strategic Strait of Hormuz would remain open to maritime traffic for the duration of a ceasefire, signaling a potential easing of tensions in one of the world’s most critical corridors. “THANK YOU!” Trump wrote on his Truth Social platform, adding ...

U.S., Iran Warn Ready for War as Talks in Limbo

The United States and Iran each warned they were ready for war as the clock ticked down Tuesday on a ceasefire, with uncertainty on talks that President Donald Trump had announced would resume in Pakistan. The White House said Vice President JD Vance was ready to fly back to the Pakistani capital Islamabad, which was preparing for a second round ...

Maritime Incidents Underscore Fragility of Trump-Extended Iran Ceasefire

A series of maritime incidents occurred on Wednesday in and around the strategic Strait of Hormuz, at the heart of the standoff between United States and Iran, highlighting the fragility of the truce unilaterally extended by Donald Trump with Iran. Just hours after the U.S. president announced the extension of the ceasefire, which has been in ...

Iran Says Won't Reopen Hormuz as Long as U.S. Blockade Remains

Iran's vow not to reopen the Strait of Hormuz -- so long as a U.S. naval blockade remained in place -- was held into Thursday despite a ceasefire extension, as the Gulf nation announced the seizure of two ships trying to cross the strategic waterway. U.S. Central Command (CENTCOM) said late Wednesday that it had also "directed 31 vessels ...

Oil Extends Gains, Stocks Sink as Peace talk Hopes Fade

Oil prices extended gains Friday, and stocks struggled as investors worried about a lack of progress in ending the Middle East crisis, with Tehran keeping the Strait of Hormuz closed and the US maintaining a blockade of Iranian ports. A week that started with hopes the two sides would eventually hold peace talks was set to end on a negative note, ...

Oil Rises Over 1% as U.S.–Iran Talks Stall

Oil prices rose more than 1% on Monday as stalled U.S.-Iran talks and ongoing disruptions to shipping through the Strait of Hormuz tightened global supply, according to Reuters. Last week, Brent and West Texas Intermediate gained nearly 17% and 13%. This marked ​the biggest weekly gains since the start of the war. Tensions in the Gulf have ...

Lebanese President Aoun Accuses Hezbollah of National 'Betrayal'

Lebanese President Joseph Aoun on Monday accused Hezbollah of “betrayal” and openly challenged the group’s decision to take Lebanon to war, asking whether it had secured national consensus before doing so. “Did you have national consensus when you went to war?” Aoun questioned, in a direct message to Hezbollah, as ...

UAE to Exit OPEC Amid Surging Oil Prices

The United Arab Emirates will withdraw from OPEC and the OPEC+ on May 1, state media reported Tuesday, describing the move as a strategic decision by the major oil producer. "This decision reflects the UAE's long-term strategic and economic vision and evolving energy profile," the official Emirates News Agency said.  The United Arab Emirates ...

Trump Warns Iran Better 'Get Smart Soon' and Accept Nuclear Deal

President Donald Trump warned Tehran on Wednesday that it should "get smart soon" and capitulate to Washington's demands for tight controls on its nuclear programme, as a US naval blockade turned the screws on Iran's economy. Pentagon chief Pete Hegseth was due to testify before Congress later in the day, but US press reports ...

Trump Weighs Military Options on Iran as U.S. Drafts Strike Plans and Hormuz Strategy

Senior U.S. military commanders will brief President Donald Trump on Thursday on potential military action against Iran, including strike scenarios and options related to the Strait of Hormuz, a U.S. official told Reuters. The briefing, expected at the White House, will include Central Command chief Brad Cooper, Defense Secretary Pete Hegseth, ...

Iran Activates Air Defenses as Trump Faces Congressional Deadline

Tehran's air defences were activated to counter small aircraft and drones late Thursday, as the White House signalled that it will not be reined in by a congressional deadline on the Iran war. The Tasnim and Fars news agencies reported that air defence systems, heard in some parts of the Iranian capital, were activated "to counter small aircraft ...

Iran Claims Aluminium Plant Attacks in Gulf as Houthis Join War

Iran claimed on Sunday attacks on two major aluminium plants in the Gulf, further raising the economic stakes of the Middle East war after Yemen's Iran-backed Houthis joined the conflict. The war that began on February 28 with US-Israeli attacks on Iran has mushroomed throughout the region, sending world energy markets into a tailspin and ...