The White House has detailed a deal including an "immediate and permanent" end to fighting in Lebanon, a demand from Iran. The agreement also specifies Iran's enriched uranium stockpile must be "down-blended" under IAEA supervision, a move hailed as a win for the US.
President Trump suggests a denuclearization deal with Russia and China, citing the US's large nuclear arsenal and China's rapid buildup.
India is exploring a China-like policy to compel domestic refiners to maintain larger crude oil inventories, aiming to mitigate risks from supply disruptions. This proposal, still in early stages, would require refiners to hold approximately 30 days of national demand, potentially costing Rs 60,000 crore for crude purchases alone.
US President Donald Trump invoked the Defence Production Act to bolster weapons stockpiles, amid concerns over strains from the war in Iran and other conflicts. A related MOU aims to end a 109-day war impacting the Strait of Hormuz and energy prices.
US President Donald Trump invoked the Defence Production Act to boost weapons stockpiles, amid concerns over strains from the Iran war and other conflicts. A related MOU aims to end the 109-day war impacting the Strait of Hormuz, energy prices, and inflation. China also expressed readiness to coordinate with Pakistan for peace and a ceasefire.
President Trump invoked the Defence Production Act to address "systemic constraints in the munitions industrial base," aiming to bolster depleted US weapons stockpiles strained by conflicts like the 15-week Iran war. Defence Secretary Pete Hegseth is tasked with creating voluntary agreements to improve capacity, despite his previous assertions that concerns over munitions are overstated.
Global oil and gas markets have seen prices fall after a US-Iran peace deal was confirmed, potentially reopening the Strait of Hormuz. Brent crude dropped to $83 a barrel and gas prices fell 6%, easing fears of severe economic consequences.
Western intelligence assessments suggest Iran has significantly rebuilt its missile stockpiles during an 8-week ceasefire with the US, incorporating new Russian weaponry. This has equipped Iran with near-full counterattack capabilities should hostilities resume, with current estimates placing its ammunition at 75% of pre-war levels.
The IAEA expressed "nuclear proliferation concerns" due to Iran's inability to access nuclear materials for verification. Iran has an estimated 440 kg of 60% enriched uranium, approaching military use levels. Israel and the US previously targeted Iranian nuclear sites in June.
The Washington Post reported that a Memorandum of Understanding between Iran and the US obliges Tehran to abandon its enriched uranium stockpiles and not possess nuclear weapons. The US will not release frozen assets until this condition is met.
The Washington Post reports that a US-Iran Memorandum of Understanding (MOU) requires Tehran to abandon its enriched uranium stockpiles and commit to not possessing nuclear weapons. The finalization of the MOU may take several more days, with disagreements over wording still present.
President Trump sent mixed signals on a potential Iran deal, causing oil prices to fall. Meanwhile, 'The Mandalorian and Grogu' had a strong but not record-breaking opening weekend at the box office.
The US Navy has paused a $14bn arms sale to Taiwan, citing a need to ensure sufficient munitions for military operations. This comes amid growing evidence that US stockpiles are being depleted faster than they can be replenished, particularly after extensive use during the recent conflict with Iran.
Operation Sindoor saw India strike Pakistani airbases and intercept projectiles, compelling Pakistan to seek peace within 88 hours. The nuclear-armed neighbors maintain near-parity arsenals, with Pakistan possessing ~170 warheads and India ~172.
The US reportedly used over 200 THAAD interceptors and 100 SM-3/SM-6 missiles against Iran, depleting its stockpiles, while Israel used fewer interceptors. This "lopsided dynamic" raises concerns about replacement costs and Iran's preserved capabilities.
美國與伊朗在鈾庫存和荷莫茲海峽通行費問題上立場對立，巴基斯坦主導的調停努力希望渺茫。川普表示將取得伊朗高濃縮鈾，伊朗則稱其用途為和平目的，並下令不得外運。川普也批評伊朗對荷莫茲海峽收費的意圖。
Goldman Sachs reports global oil stockpiles are depleting at a record rate in May due to the Middle East conflict, with exports through the Strait of Hormuz at 5% of normal levels. US inventories saw a record drop last week, nearing critical 'tank bottoms'.
Global oil inventories are falling at a record pace due to Middle East supply disruptions, approaching critical levels. The IEA warns of future price spikes, with JPMorgan predicting a potential economic "seizure up" if the Strait of Hormuz remains closed.
South Korea plans emergency tariff-rate quota programs and stockpile releases to combat inflation driven by the Middle East crisis, with consumer prices rising 2.6% in April, the fastest in 21 months.
Iran is preparing for a resumption of hostilities with the US and Israel, indicated by military movements and internal security exercises, as peace talks remain stalled over sovereignty of the Strait of Hormuz.
Global oil stockpiles are depleting at a record rate, potentially leading to price spikes, while UK bond yields seesaw amid reports of a potential Labour leadership challenge, sparking fears of another 'Liz Truss moment' in bond markets.
The US faces missile stock shortages, potentially undermining its ability to sustain a long war, with rebuild times for key missiles estimated at 1-4 years, critical for western Pacific conflicts.
The Pentagon's updated estimate for the Iran war cost is $29 billion, a $4 billion increase from two weeks ago, prompting concerns from US lawmakers over diminishing weapons stockpiles and rising costs.
Defense Secretary Pete Hegseth defended President Trump's proposed $1.5 trillion military budget amid congressional scrutiny over the Iran war's escalating costs, now at $29 billion. Lawmakers questioned the strain on weapons stockpiles, while Hegseth acknowledged increased production to support ongoing operations and future needs.
