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US and Iran Clash in Gulf, Sanctions Imposed as Deal Falters
PoliticsBBCbloombergNYT+68FTThe GuardianAl Jazeeradr-dkFox Newsnrkyle-uutisetcnbc+60 more2d ago71 sources

US and Iran Clash in Gulf, Sanctions Imposed as Deal Falters

Tensions between the US and Iran have escalated, marked by military clashes in the Gulf, US attacks, and Iranian reprisals. The US has also imposed new sanctions on entities linked to Iran, while diplomatic efforts for a truce remain stalled.

US Intensifies Iran Blockade, Europe Urged to Join Hormuz Efforts
WorldAPReutersBBC+72bloombergNYTwsjThe GuardianNPRAl JazeeraCNNnzz+64 more17d ago75 sources

US Intensifies Iran Blockade, Europe Urged to Join Hormuz Efforts

US Pentagon chief Pete Hegseth stated that the naval blockade of Iranian ports has taken on global dimensions and urged European nations to contribute to efforts in the Strait of Hormuz. Iran is accused of continuing to lay mines in the strait, while the US considers attacks on Iranian defenses in the area.

NATO Allies Work on Hormuz Plan B Amid Trump's Criticism and Withdrawal Threats
WorldbloombergNYTwsj+47FTle-mondewapoAl JazeeraCNNFox Newscnbcruv+39 more1mo ago50 sources

NATO Allies Work on Hormuz Plan B Amid Trump's Criticism and Withdrawal Threats

US allies are developing a Plan B for the Strait of Hormuz in case President Trump withdraws, as Trump continues to strongly criticize NATO countries for their unwillingness to deploy militaries to the waterway and threatens to leave the alliance. This comes as Trump's irritation with NATO forces Europeans to confront the realities of the alliance.

US and Iran Exchange Fire in Strait of Hormuz
WorldBBCbloombergNYT+82FTle-mondewapoThe GuardianNPRAl Jazeeradr-dkFox News+74 more4d ago85 sources

US and Iran Exchange Fire in Strait of Hormuz

US and Iranian forces exchanged fire in the Strait of Hormuz, leading to accusations of ceasefire violations from both sides. This escalation intensified tensions in the region and caused oil prices to jump.

Trump Seeks 'Grand Bargain' with Iran Amid Talk of Resumed Negotiations
PoliticsAPBBCNYT+38le-mondeThe GuardianNPRCNNFox Newsnrkcbccnbc+30 more27d ago41 sources

Trump Seeks 'Grand Bargain' with Iran Amid Talk of Resumed Negotiations

Donald Trump has indicated his preference for a "grand bargain" with Iran, rather than a "small deal," with reports suggesting that negotiations between the two countries may resume. This comes as US Democrats continue efforts to limit Trump's war powers concerning Iran.

USPS Confirms First-Ever Fuel Surcharge Amid Rising Oil Prices
FinanceAPReutersbloomberg+11wsjThe Guardiancnbcaktualne-czBusiness Insiderforbeshvghindustan-times+3 more1mo ago14 sources

USPS Confirms First-Ever Fuel Surcharge Amid Rising Oil Prices

The U.S. Postal Service has confirmed its first-ever fuel surcharge on packages, an 8% fee effective April 26 until January 2027, driven by rising oil prices, despite the global oil market being described as 'calm'.