Oil prices rise after US and Iran exchange fire in Hormuz strait

US President Donald Trump says the ceasefire between Washington and Tehran is still in place.

With fuel costs soaring, Trump insists the economy is strong.

White House aides have sounded bullish on the jobs report, even as warning signs mount amid the war with Iran.

By Tony Romm

Pakistan Shuns Spot LNG as It Bets on Potential Hormuz Easing - Bloomberg.com

Pakistan Shuns Spot LNG as It Bets on Potential Hormuz Easing  Bloomberg.com

Trump says Iran ceasefire holds despite exchange of fire

Washington and Tehran blamed each other for sparking reciprocal attacks

First Thing: US-Iran ceasefire at risk after exchange of fire in strait of Hormuz

Donald Trump insists ceasefire remains intact after the most serious test yet. Plus, David Attenborough’s 100 most spectacular moments Good morning. The US and Iran traded fire late on Thursday in the greatest test so far to their month-long ceasefire. Tehran accused Washington of breaching the truce by targeting two ships in the strait of Hormuz and attacking civilian areas, while the US said it struck in retaliation. Where were negotiations up to before the strikes? There were reports the t...

By Clea Skopeliti

The U.S. awaits Iran's response as the UAE reports another missile barrage

The Iran war's shaky ceasefire was further strained on Friday as the United Arab Emirates responded to a missile and drone strikes.

By The Associated Press

What we know about Iran’s response to the latest US ceasefire proposal

Iran has not formally responded, but officials indicate a large divide remains between the two sides.

AOC slams ‘oppressed’ Trump states while touting NYC services despite $5B deficit and transit crime spike

Rep. Alexandria Ocasio-Cortez, D-N.Y., claimed red states were "oppressed" compared to New York City, praising its public transit, teachers and sanitation workers.

UAE charts its own course across the Middle East and Africa

Close relations with Israel and the United States have placed the United Arab Emirates in Iran's crosshairs as Abu Dhabi pursues a more independent foreign policy than many Gulf countries, including Saudi Arabia.

China’s shipping firms brace for a new ‘era of chaos’ as Iran war drags on

China’s shipping giants are bracing for a harsh new reality of persistent global volatility, as the closure of the Strait of Hormuz shifts from being a problem of transit delays to a hard volume shock. With the crucial energy corridor still paralysed as the US-Israel war on Iran drags on with no clear end in sight, China’s state-backed shipping majors are doubling down on long-term contracts and creating new multimodal routes in an attempt to hedge against future shocks. Cosco Shipping Holdin...

By Carol Yang

Israel and Hezbollah continue to trade blows despite the ceasefire

Israel has taken responsibility for Wednesday night's strike on the southern suburbs of Beirut, with Prime Minister Benjamin Netanyahu saying he personally authorised the attack to kill a top Hezbollah Commander identified as Malek Balou. The continued ceasefire incursions are further pressuring talks between Tel Aviv and Beirut, which are being supported by the US. Hezbollah initially indicated it would support a deal if it was respected by Israel but the two parties continue to trade blows,...

By FRANCE24

Fog of war? Trump quietly ramped up attacks on suspected drug boats after Iran action began. Nearly 200 have been killed

The military’s lethal footage of blown-up ships is still a grim routine, Alex Woodward reports. But public attention has shifted from the Pacific to the Strait

By Alex Woodward

US pressure on Mexico ramps up as Trump sets his sights on narcopolitics

The United States is threatening to pursue more cases against Mexican politicians and close consulates in its territory in the lead-up to the World Cup and the renegotiation of the USMCA trade agreement

By David Marcial Pérez

Where Do U.S.-Iran Negotiations Stand Amid Reports Of New U.S. Strikes In Iran? Expert Weighs In - Forbes

Where Do U.S.-Iran Negotiations Stand Amid Reports Of New U.S. Strikes In Iran? Expert Weighs In  Forbes

Crude timing: $7 billion 'unusual' oil bets placed ahead of Iran war announcements

Massive oil market bets, totaling up to $7 billion, were placed just before significant US President Trump announcements concerning Iran. Traders executed large sell orders minutes before key political developments, leading to substantial price drops. This unusual timing and scale have triggered regulatory scrutiny, with investigators examining potential insider trading concerns.

By TOI BUSINESS DESK

Project Freedom may resume as Gulf states restore US access to base, airspace: Report

Project Freedom is a US-led naval operation launched to help ships pass through Hormuz after Iran closed the waterway following missiles by America and Israel.

Trump plans to restart Project Freedom as Saudi Arabia, Kuwait lift restrictions on US usage of airbases, airspace

Trump says ceasefire still holds after fighting between the US and Iran flares

U.S. and Iranian forces clashed in the Gulf and the United Arab Emirates came under renewed attack, but President Donald Trump said a ceasefire was still holding despite the flare-up, which dented hopes for a swift diplomatic resolution to the crisis. The escalation came as Washington awaited Tehran’s response to a U.S. proposal to end […]

Vatican's careful words on pope-Rubio meeting imply deep tensions with Trump, say analysts

A Vatican statement after Pope Leo’s meeting with US Secretary of State Marco Rubio, which said the two had pledged to improve bilateral relations, was a recognition of unprecedented tensions, insiders and analysts said. Rubio’s meeting on Thursday with Pope Leo, the first US pope, garnered wide public attention as President Donald Trump has repeatedly attacked the pontiff over the US-Israeli war on Iran. The Vatican statement after the 45-minute encounter, the first between the pope and a Tr...

By none@none.com (Reuters)

Israel's self-defense cannot be infringed upon, even if US, Iran reach a deal - editorial

While Israel certainly wants an end to the war with an Iran that no longer poses a threat to its existence, it's alarming that the government in Jerusalem seems to have no say in the process.

Trump says ceasefire still holds after renewed attacks

US and Iranian forces clashed in the Gulf and the United Arab Emirates came under renewed attack, ⁠but President Donald Trump said a ceasefire was still holding despite the flare-up.

Are the US and Israel Planning to Use Morocco As a Weapon Against Spain?

If Trump was hoping his threats against Spain would trigger a shift in policy in Madrid towards the US-Israel war against Iran, he must be disappointed.

By Nick Corbishley

US, Iran exchange fire in Gulf as cease-fire teeters on collapse

The fragile cease-fire between the United States and Iran wobbled again Friday after fresh clashes erupted in the Gulf, with both sides trading accusations of aggression while fear...

US strikes Iran as Trump insists ceasefire holds

The United States targeted Iranian vessels near the Strait of Hormuz while striking civilian areas in southern Iran, placing a fragile ceasefire under strain as President Donald Trump insisted the truce remained in force and warned Tehran to sign a US-backed deal. US Central Command said Iranian forces launched missiles, drones and small boats at three US Navy guided-missile destroyers as they crossed the strait towards the Gulf of Oman. It said no US assets were hit and that American force...