US President Trump stated the US will soon reimpose sanctions on Russian oil after crude flows resumed through the Strait of Hormuz following a deal with Iran. The G7 summit in France discussed increasing pressure on Moscow over the Ukraine invasion.
Shipping through the Strait of Hormuz will take weeks to resume despite a US-Iran deal, according to the CEO of Mitsui OSK. Owners await "material" confirmation of the deal's impact on real-world safety, with analysts agreeing it will take time for tanker flow to restore.
US President Donald Trump declared a deal with Iran complete, announcing the immediate reopening of the Strait of Hormuz and lifting of the US naval blockade. Pakistan's PM had earlier stated a peace deal was reached, with a signing ceremony planned for June 19 in Switzerland.
President Trump declared a deal with Iran complete, announcing the immediate reopening of the Strait of Hormuz and lifting of the US naval blockade. Pakistan's PM had earlier confirmed the agreement, with a signing ceremony planned for June 19 in Switzerland.
US President Donald Trump declared a deal with Iran complete, announcing the immediate reopening of the Strait of Hormuz and lifting of the US naval blockade. Iran's deputy foreign minister confirmed ongoing talks, focusing on sanctions relief, with obligations starting Friday. Pakistan's PM had earlier announced the deal.
US President Donald Trump declared a deal with Iran complete, announcing the immediate reopening of the Strait of Hormuz and lifting of the US naval blockade. Iran's deputy foreign minister confirmed ongoing talks focusing on sanctions removal, with obligations starting Friday.
US President Donald Trump announced the cancellation of scheduled strikes on Iran following high-level talks, suggesting a potential deal is imminent. He also vowed to seize Iranian oil infrastructure, including Kharg Island, while maintaining a naval blockade.
US President Donald Trump threatened new strikes on Iran and vowed to seize its oil infrastructure, including Kharg Island, a critical export hub. This escalation follows days of US-Iran exchanges, pushing the region closer to full-scale war amid stalled ceasefire negotiations.
President Trump threatened to "hit Iran VERY HARD TONIGHT" and "assume total control" of its oil industry amid escalating US-Iran strikes. Iran fired back at Gulf states, while the US military blockaded ports, disabling a tanker. Negotiations remain stalled over Iran's nuclear program and the Strait of Hormuz.
Bitcoin fell to ~$63,316 after a brief rally, as renewed Israel-Iran conflict triggered a risk-off market, surging energy prices and dragging equity markets down, highlighting crypto's vulnerability to geopolitical and macroeconomic pressures.
Kuwait resumed flights on Wednesday after announcing Iranian attacks killed one person, injured others, and damaged diplomatic missions, forcing airport closure. Iran's supreme leader advisor threatened further missile and drone attacks against the US if they renew strikes.
A senior Russian diplomat stated that returning seized diplomatic property and resuming direct flights between Russia and the US are crucial for bilateral progress. Alexander Gusarov expressed hope that Washington will recognize these issues as key to breaking deadlocks in other dialogue areas.
President Trump stated he is fine with terminating negotiations with Iran and ready to maintain the US naval blockade indefinitely. He indicated this would not lead to hostilities but a "silent" stance with the blockade in place, adding the US can wait as long as Iran wants as they are "losing a fortune."
The US and Iran are signaling a desire to avoid returning to war following an April 8 ceasefire. Despite ongoing military exchanges, mediation efforts continue. Iran's closure of the Strait of Hormuz has impacted global oil supply, creating economic pressure. US President Trump faces domestic opposition to concessions Iran demands for reopening the strait.
Dandong, China, sees increased activity in cross-border ties with North Korea as rail links resume, with trade up 23% to $988M in the first four months of 2026.
Turkey hopes for the resumption of active negotiations on the Ukrainian settlement, a Turkish diplomatic source told RIA Novosti. Ankara will monitor a potential visit by US Special Representative Steve Witkoff to Moscow, believing that contacts between Russia and the US could facilitate the process.
Donald Trump announced a draft framework agreement with Iran, negotiated largely to reopen the Strait of Hormuz and end the ongoing war. The deal, subject to finalization, follows two months of negotiations and mediation efforts by regional actors.
China's Taiwan Affairs Office spokesperson Zhu Fenglian expressed support for the resumption of tourism from Shanghai to Kinmen and Matsu, welcoming the positive response from Kinmen's tourism industry. She urged Taiwan to lift unreasonable restrictions on cross-strait travel and aviation.
Colorado's Supreme Court has ordered Children's Hospital Colorado to resume gender-affirming treatments for transgender minors, citing state antidiscrimination law. The hospital had suspended care due to a federal investigation.
Rents in Tehran have surged 30-40% year-on-year, outpacing wage growth and straining tenants. Despite government caps and loans, affordability remains a major issue, exacerbated by economic instability and the lingering threat of conflict.
Donald Trump revealed that Qatar, Saudi Arabia, and the UAE convinced him to postpone a "major attack" on Iran, citing ongoing "serious negotiations." Gulf nations confirmed their mediation efforts and support for a ceasefire, while Iran warned of retaliation.
US President Donald Trump stated that the US is willing to allow diplomacy a chance to resolve the conflict over Iran until early next week, postponing the resumption of hostilities. This decision follows requests from Qatar, the UAE, and Saudi Arabia.
Iran has submitted a new peace proposal to end the Middle East war, mediated by Pakistan and shared with the US. While details are scarce, reports suggest concessions on Iran's nuclear program and oil sanctions. However, rhetoric remains defiant, and US-Israeli airstrikes continue in Lebanon.
Oil prices surged Monday as President Trump warned Iran to "get moving" amid stalled peace talks. Record low global inventories and continued disruptions in the Strait of Hormuz are also contributing factors to the price hike.
