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US and Iran exchange attacks around Strait of Hormuz, testing ceasefire
NEWS
5/8/2026

US and Iran exchange attacks around Strait of Hormuz, testing ceasefire

The United States and Iran exchanged fire on Thursday in the most serious test yet of their month-long ceasefire, but Iran said the situation returned to normal while the US said it did not want to escalate. The renewed hostilities broke out as Washington was awaiting Iran’s response to a US proposal that would stop the fighting but leave the most contentious issues, such as Iran’s nuclear programme, unresolved for now. Iran’s military ‌said the US targeted two ships entering the Strait of...

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SCMP Economy
US and Iran exchange attacks, testing their ceasefire
NEWS
5/8/2026

US and Iran exchange attacks, testing their ceasefire

The United States and Iran exchanged fire on Thursday in the most serious test yet of their month-long ceasefire, but Iran said the situation returned to normal while the US said it did not want to escalate. The renewed hostilities broke out as Washington was awaiting Iran’s response to a US proposal that would stop the fighting but leave the most contentious issues, such as Iran’s nuclear programme, unresolved for now. Iran’s military ‌said the US targeted two ships entering the Strait of...

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SCMP Economy
Iran Accuses US of Misrepresenting Nuclear Programme at NPT Review Conference
Developing
World·4/30/2026AI summary

Iran Accuses US of Misrepresenting Nuclear Programme at NPT Review Conference

Iran’s Permanent Mission to the UN accused the United States of using the Nuclear Non-Proliferation Treaty review conference to misrepresent Tehran’s nuclear programme and deflect attention from Washington’s own violations. Iran stated all enriched uranium remains under full IAEA supervision with no material diverted. The dispute escalated after Iran was selected as vice president of the conference, drawing criticism from US official Christopher Yeaw who called it an ‘affront’ to the treaty. Iran’s envoy warned that lasting Gulf stability requires an end to alleged US-Israel aggression against Iran.

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TOI World
Trump says US blockade could last for months, warns Iran to ‘get smart soon’
NEWS
4/29/2026

Trump says US blockade could last for months, warns Iran to ‘get smart soon’

US President Donald Trump warned Tehran on Wednesday that it should “get smart soon” and capitulate to Washington’s demands for tight controls on its nuclear programme, as a US naval blockade turned the screws on Iran’s economy. The US could extend its naval blockade of Iran for months more, oil executives were told in a meeting with Trump, an official said, after press reports that he had rejected Iran’s latest proposed deal to reopen the Strait of Hormuz. “Iran can’t get their act together …...

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SCMP Economy
Trump says blockade on Iran could last for months, oil hits US$119 a barrel
NEWS
4/29/2026

Trump says blockade on Iran could last for months, oil hits US$119 a barrel

US President Donald Trump warned Tehran on Wednesday that it should “get smart soon” and capitulate to Washington’s demands for tight controls on its nuclear programme, as a US naval blockade turned the screws on Iran’s economy. The US could extend its naval blockade of Iran for months more, oil executives were told in a meeting with Trump, an official said, after press reports that he had rejected Iran’s latest proposed deal to reopen the Strait of Hormuz. “Iran can’t get their act together …...

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SCMP Economy
What would a permanent ‘Tehran’s tollbooth’ on oil mean for the world?
NEWS
4/23/2026

What would a permanent ‘Tehran’s tollbooth’ on oil mean for the world?

Iran’s plan to extract a $2m payment from tankers using the strait of Hormuz could raise costs for years to comeA second round of peace talks between the US and Iran has begun amid renewed attacks on oil tankers in the strait of Hormuz and a US blockade on Iranian vessels through the crucial trade route.The future of this narrow waterway – and curbs on Iran’s nuclear programme – are at the centre of the talks after Tehran’s de facto blockade on oil and gas tankers via the strait pushed up energy prices. Continue reading...

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Guardian Business
‘Tehran tollbooth’: what is Iran demanding and what would it mean for oil prices?
NEWS
4/23/2026

‘Tehran tollbooth’: what is Iran demanding and what would it mean for oil prices?

Iran’s plan to extract a $2m payment from tankers using the strait of Hormuz could raise costs for years to comeA second round of peace talks between the US and Iran has begun amid renewed attacks on oil tankers in the strait of Hormuz and a US blockade on Iranian vessels through the crucial trade route.The future of this narrow waterway – and curbs on Iran’s nuclear programme – are at the centre of the talks after Tehran’s de facto blockade on oil and gas tankers via the strait pushed up energy prices. Continue reading...

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Guardian Business