Washington and Bahrain have proposed a UN-backed resolution that could lead to sanctions on Iran and pave the way for a multinational maritime coalition to secure shipping through the Strait of Hormuz

With oil above $125 a barrel and eurozone inflation back at 3%, European finance ministers warned Monday that poorly designed subsidies risk channeling most of their benefit to the wealthy, repeating what the IMF calls the central mistake of 2022.

Iran fired missiles & a drone at the UAE, sparking a fire at Fujairah's oil facility. The U.S. Navy was authorized to counter Iranian threats in the Strait of Hormuz

European allies are implementing military basing agreements and positioning naval assets as NATO adapts to U.S. pressure over burden-sharing and the Iran war, according to Secretary General Mark Rutte

Donald Trump expressed doubt that the proposal would meet U.S. expectations, adding on social media that Iran had not paid a sufficient price for its actions.

As the Iran war disrupts global energy flows, EU officials warn they lack reliable real-time data on fuel inventories, raising concerns over shortages and emergency decision-making across the bloc.

A new post by Trump features an image of himself holding a gun in front of a backdrop of explosions, alongside the message "NO MORE MR. NICE GUY!" as nuclear negotiations with Iran remain deadlocked and a U.S. naval blockade continues to squeeze the Iranian economy.

GCC heads gather in Jeddah to coordinate a response after months of missile and drone strikes on energy and civilian infrastructure, amid criticism of the bloc’s handling of the crisis and uncertainty over a lasting ceasefire.

Tehran signals closer military cooperation with Asian allies following its recent war with the United States and Israel, as ceasefire talks stall and regional tensions remain unresolved

Washington insists nuclear issues must be addressed immediately, while Tehran seeks a phased approach amid rising oil prices and strained global shipping routes.

More than 90 countries issued a joint statement at the United Nations urging maritime security and stability amid rising tensions in the vital shipping corridor

The fallout from the conflict has evolved into a global risk, affecting energy markets, supply chains and national economies alike

Iran's FM Araghchi blamed Washington for the collapse of Pakistan talks, while Trump said Tehran can call if it wants a deal. Pakistani officials say remote negotiations continue, but no in-person meeting is planned anytime soon

Tehran has proposed to the US a deal focused on reopening the Strait of Hormuz and ending the war, while deferring nuclear talks to a later stage. The White House received the proposal but has not committed to engaging with it