Analysts are forecasting that the euro could rise further towards $1.20 if there is a de-escalation in the Iran war that leads to the reopening of the Strait of Hormuz.
Russian Foreign Minister Sergei Lavrov is in Beijing for discussions with Chinese Foreign Minister Wang Yi focusing on the wars in Ukraine and Iran as well as broader bilateral cooperation and coordination in multilateral forums including the UN, BRICS and the G20
Negotiating teams from the JD Vance and Iranian delegation led by Mohammad Baqer Qalibaf could return to Islamabad for further peace talks as early as this weekend, according to multiple sources.
European NATO members, including the UK and France, say they will not take part in a U.S. blockade of Iranian ports ordered by Donald Trump, instead pushing for a multinational mission to restore navigation once hostilities end
Iranian envoy Mohammad Fathali says Tehran is in “good contact” with New Delhi over Indian vessels passing through the Strait of Hormuz, a key oil route disrupted by the ongoing U.S.-Israeli war on Iran
Prime Minister Keir Starmer says Britain will not be drawn into the Iran conflict and opposes any blockade of the Strait of Hormuz, stressing efforts to fully reopen the critical global shipping route
Oil prices jumped more than 7% after the US announced plans to block shipping linked to Iran through the Strait of Hormuz, reviving supply fears and pushing crude back above $100 a barrel amid failed peace talks
The White House is considering a menu of options in addition to blockading the Strait of Hormuz
More than a hundred crossings of the Strait of Hormuz have been recorded through this route over the past month
Vice president says marathon talks ended without a deal after Tehran refused to commit to not developing a nuclear weapon
The United States and Iran opened their most senior direct talks since the 1979 Islamic Revolution on Saturday, meeting in Islamabad under Pakistani mediation in a diplomatic push to end six weeks of conflict in the Middle East, even as a standoff over mined waters in the Strait of Hormuz continued to choke a fifth […]
The US is struggling to replenish key weapons systems, including Tomahawks that the duration of the conflict is consuming faster than they can be produced
Tehran has time on its side as the energy crisis puts pressure on President Trump to compromise
Iran’s forensic authority says more than 3,000 people were killed during the war that began in late February, with a significant share of victims still undergoing identification before being returned to their families
U.S. troops could be shifted toward alliance members in president’s good graces
Trump demanded opening the strait. Tehran’s Revolutionary Guard is limiting ship traffic and charging tolls
Iran’s state-run Fars news agency reported Wednesday that tanker traffic through the Strait of Hormuz had been halted following what it described as an Israeli violation of the ceasefire agreement. A separate Iranian outlet, Press TV, citing unnamed sources, reported that Tehran would “punish” Israel over attacks against Lebanese Hezbollah carried out in breach of […]
President Trump said the Iranian plan is a starting point, but there is a lot of ground to cover before a deal can be reached
The Kremlin says it welcomes the US-Iran ceasefire and hopes it will allow Washington to resume three-way peace talks on Ukraine, while Kyiv continues to push for a reciprocal truce with Moscow
In posting that a whole civilization would die if no deal was struck, the president sparked a frantic global guessing game over his real intentions