Iran halts attacks on Israel after Trump calls for ceasefire

Direct missile exchanges between Iran and Israel marked the most serious escalation between the two countries in two months, as both sides launched strikes for the first time since the April 8 ceasefire. The confrontation began when Iran fired multiple waves of ballistic missiles toward northern Israel, targeting two Israeli air bases, according......

Iraq warns of financial catastrophe as oil revenues collapse amid Iran conflict

Iraq has issued a stark warning over its economic stability as oil revenues fall sharply during the ongoing regional conflict involving Iran. Foreign minister Fuad Hussein said the country could face a financial catastrophe if disruptions in the Strait of Hormuz persist due to military escalation involving the United States and Israel against......

Israel strikes Iran despite Trump's call for restraint

Israel launched air strikes against military targets in Iran early Monday, escalating tensions despite direct efforts by U.S. President Donald Trump to prevent further confrontation. Explosions were reported in Tehran and Isfahan, marking Israel's first attacks on Iranian territory since the ceasefire reached on April 8. The operation......

Israel and Lebanon agree conditional ceasefire tied to Hezbollah withdrawal

Israel and Lebanon have agreed to a conditional ceasefire following two days of talks held in Washington under United States mediation. The deal links its implementation to a full cessation of Hezbollah fire and the withdrawal of all its operatives south of the Litani River, according to a joint statement issued by the parties involved. The......

Greek Shipping Magnate proposes Iranian transit fee for Hormuz

Evangelos Marinakis told shipping executives that paying Iran a transit fee of 100,000 to 200,000 dollars per vessel would be preferable to a prolonged closure of the Strait of Hormuz. He delivered the remarks at an industry forum in Athens held during a major maritime gathering. He argued that a predictable fee system would reduce disruption......

Trump says iran has accepted nuclear non-proliferation pledge

Donald Trump stated that Iran has already agreed not to develop nuclear weapons, framing the claim as part of ongoing efforts to secure a preliminary understanding between Washington and Tehran. He made the remarks during a podcast interview as tensions in the Gulf region continued to escalate, marked by renewed military exchanges. The statement......

Gulf states accelerate overseas renewable investments amid Hormuz crisis

As military tensions around the Strait of Hormuz entered a third month, Gulf oil-producing states intensified investments in renewable energy projects abroad. The move reflects growing efforts to reduce exposure to disruptions that have constrained hydrocarbon exports and reshaped energy priorities across the region. Abu Dhabi has been at......

Venezuela oil exports rise to 1.25 million barrels daily in May

Venezuela’s crude oil and fuel exports climbed to 1.25 million barrels per day in May, marking a third consecutive monthly increase. The growth reflects a steady recovery in the country’s energy sector as international buyers expand purchases of Venezuelan crude despite ongoing political and logistical shifts affecting global supply......

Japan urges Iran to reopen Hormuz Strait amid nuclear talks

Japanese Prime Minister Sanae Takaichi on Monday urged Iranian President Masoud Pezeshkian to restore unrestricted maritime traffic through the Strait of Hormuz and show flexibility in ongoing negotiations with the United States. The conversation, the third between the two leaders, took place as diplomatic efforts between Tehran and Washington......

Iranian president Pezeshkian reportedly resigns, citing Revolutionary Guards takeover

Iranian President Masoud Pezeshkian has reportedly submitted a formal resignation letter to the office of Supreme Leader Mojtaba Khamenei, claiming he had been systematically excluded from key decision-making and that hardline factions within the Islamic Revolutionary Guard Corps had assumed control of government affairs. Iranian authorities......

Oil prices rebound as U.S.-Iran deal stalls over Trump's tougher demands

Oil prices surged at the start of the week after hopes for a swift ceasefire agreement between the United States and Iran collapsed, with last-minute demands from President Trump pushing negotiations into a new phase of uncertainty. The reversal caught energy markets off guard, as traders had spent weeks pricing in the prospect of a deal that......

Iran courts issue death sentences amid rising executions crackdown

At least two people detained during protests between December 2025 and January 2026 have been sentenced to death in Iran, as human rights organizations report a broader escalation in executions and concerns over the destruction of evidence linked to detainees. The rulings come amid allegations of accelerated judicial action against political......

U.S. strikes Iranian missile sites near Hormuz amid fragile peace talks

U.S. Central Command confirmed Monday that American forces conducted strikes against Iranian missile launch sites and vessels near Larak Island in the Strait of Hormuz, describing the action as self-defense at a moment when diplomatic negotiations between Washington and Tehran remain active but deeply unstable. U.S. Central Command spokesperson......

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