Oil prices rose modestly on Tuesday, with Brent at $84.26 and WTI at $80.75, after a 7% drop; markets reacted to Trump’s pause on Iran strikes and ongoing Hormuz Strait tensions.
Saudi Crown Prince Mohammed bin Salman reportedly warned US President Donald Trump during a phone call against resuming large-scale military operations against Iran, emphasizing the potential severe damage to the global economy. The prince also discussed regional defense capabilities and vulnerabilities.
US President Donald Trump claimed the US was militarily "locked and loaded" against Iran at WWII levels but called off planned strikes after Iran and other Middle Eastern countries requested a deal. The proposed agreement would involve reopening the Strait of Hormuz and ending Iran's nuclear threat, with Israel's backing.
US embassies across the Middle East urged American citizens to consider leaving or prepare for departure due to potential "unforeseen escalation" in the intensifying conflict with Iran, citing unpredictable actions and expanded strikes.
US President Donald Trump threatened further military action against Iran from Camp David, as drone attacks hit Kuwaiti facilities and a tanker in the Strait of Hormuz. Simultaneously, Israel launched strikes on Gaza after Hamas indicated disarmament, while Houthi rebels rerouted Saudi vessels.
The Trump administration is reportedly considering military action against the al-Qaeda-linked group JNIM in Mali, potentially marking the eighth country targeted by the president since returning to office. This comes as Mali's military and Russian forces struggle against JNIM, while the US seeks to counter Russian and Chinese influence in the mineral-rich region.
The Trump administration is reportedly weighing military strikes against the al-Qaeda-linked JNIM group in Mali, which has intensified attacks while Mali's military and Russian forces struggle to contain militants after recent coups led to severed Western ties.
Ousted Venezuelan President Nicolás Maduro and his wife, Cilia Flores, will stand trial in the US on drug trafficking charges starting June 1, 2027. They were seized from Caracas by US forces and face potential life sentences, pleading not guilty while Maduro claims immunity as a former head of state.
Venezuelan President Nicolás Maduro is set to appear in a New York courtroom, where his lawyers will challenge the U.S. military operation that led to his ousting and arrest on drug trafficking charges. Maduro and his wife, Cilia Flores, have pleaded not guilty.
US strikes on Iranian territory are a response to the deaths of US military personnel, with the Trump administration focused on making Iran 'pay,' according to AP. Washington lacks a long-term exit strategy, and tactical considerations drive current military actions, which are expected to continue until a new strategy is outlined. The total US death toll in the conflict has reportedly risen to 17, potentially 18.
Reports cover a range of international incidents including potential heat-related deaths in Europe, US military actions against Iran, political statements from Russia and Ukraine, and foiled attacks. Tensions remain high with ongoing military operations and diplomatic exchanges.
Oil prices jumped 4% as renewed military action between Iran and the US heightened fears over the Strait of Hormuz. Brent crude rose to $79.26 and WTI to $74.53 after Iran expanded strikes to Qatar and UAE, while the US attacked Iranian targets. Shiptracking data shows fewer vessels passing through the strait.
Some US administration officials have unofficially dubbed renewed strikes on Iran 'Operation Bitch Slap,' suggesting an expectation of a brief but impactful military action. This colloquial name contrasts with the official 'Operation Epic Fury.' The strikes resumed after the US accused Iran of violating agreements, particularly concerning the Strait of Hormuz.
Andy Burnham apologizes for Labour's initial response to Israel's military action in Gaza, stating the party "didn't get it right" and needs to "do better." He signaled a shift in the UK's approach, proposing more pressure on the Israeli government, including potential sanctions and trade bans on goods from illegal settlements.
Andy Burnham has apologized for Labour's initial response to Israel's military action in Gaza, stating the party "didn't get it right" and needs to "do better." He signaled a shift in the UK's approach, advocating for increased pressure on the Israeli government, potentially through sanctions and trade bans on illegal settlement goods.
The US has entered a new phase of bombing Iran, striking 170 targets after Iran attacked commercial vessels. This escalation follows the collapse of a US-Iran memorandum of understanding, rooted in decades of distrust and the fragility of US sanctions relief promises.
The U.S. military conducted strikes on approximately 90 Iranian military targets, including air defense systems and missile sites, following Iran's attacks on commercial vessels. President Trump declared the US-Iran ceasefire "over" and expressed disinterest in further deals.
Following US strikes against Iran in response to attacks on cargo ships, President Trump warned Tehran that 'things will become much worse' if further aggression occurs. The US Central Command stated the strikes aimed to degrade Iran's ability to threaten navigation in the Strait of Hormuz.
US forces conducted retaliatory strikes against Iran after Tehran attacked commercial ships near the Strait of Hormuz. President Trump declared a ceasefire agreement "over" and expressed disinterest in further negotiations with Iran.
President Trump stated he is no longer interested in a deal with Iran, hours after declaring their ceasefire "over" due to renewed hostilities in the Strait of Hormuz. This follows Iran's attack on commercial vessels and the U.S. revoking sanctions waivers.
US President Donald Trump's recent actions, including withdrawing from a peace deal with Iran and criticizing allies like Spain and Denmark, have sparked concerns about the erosion of the post-WWII international order. Allies are reportedly contemplating strategic autonomy due to perceived unpredictability in US foreign policy.
President Donald Trump announced the end of Washington's ceasefire with Iran, threatening further military action and the reimposition of a naval blockade in the Strait of Hormuz. Speaking at the NATO summit in Turkey, Trump also downplayed Iran's nuclear threat while ruling out U.S. ground troops.
President Trump assured NATO leaders of continued US commitment to the alliance, a shift from his previous criticisms. NATO chief Mark Rutte defended recent US strikes on Iran as 'absolutely necessary' following alleged attacks on commercial vessels.
President Trump announced the US ceasefire with Iran is over, threatening more military action after overnight clashes. He stated negotiations are a "waste of time" and indicated a potential reimposition of a naval blockade. Iran's Foreign Ministry condemned the strikes as a "gross violation."
