An estimated 90% of Iran’s economy is fueled by international trade by sea. S. ”Donald Trump has said that talks with Iran could resume in Pakistan over the next two days, according to an interview with the New York Post. US secretary of state Marco Rubio said Israel-Lebanon talks in Washington on Tuesday were a “historic opportunity”. Lebanon’s president expressed hope that direct talks would lead to an end to his country’s “suffering” after war erupted again between Israel and Hezbollah last month. “I hope that the meeting in Washington...
Lebanon’s top envoy to the US said the high-level diplomatic engagement between her country and Israel was “constructive,” but urged an end to the ongoing conflict between Israel and Iran-backed Hezbollah militants that has displaced thousands of Lebanese. UK prime minister Keir Starmer and French president Emmanuel Macron will co-host a summit in Paris on Friday focused on efforts to reopen the strait of Hormuz, Downing Street said. ”Trump criticised Italian prime minister Giorgia Meloni, a political ally, in an interview published on Tuesday for her unwillingness to help in the Iran war. “I’m shocked at her. Foreign ministers from Saudi Arabia, Pakistan and Egypt will meet Turkey’s top diplomat this week for talks on regional matters, a ministry source told AFP on Tuesday. Hezbollah said it targeted 13 northern Israeli towns with rockets shortly after the start of Lebanese-Israeli talks in Washington.
5% this year despite the impact of the US-Israel war on Iran. Earlier on Tuesday, the International Monetary Fund (IMF) cut its growth forecasts for 2026 based on the impact of the war and said any further escalation in the conflict could trigger a global recession. Bessent however cast cuts in global growth forecasts and higher inflation projections by the IMF and World Bank as an overreaction. Continue reading...
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• The UN Security Council is conducting its monthly debate on Syria as Secretary-General António Guterres travels to Damascus. • The session occurs amid reports of an Israeli attack in occupied territory and ongoing tensions regarding the US-Iran war.
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UN News• The Houthis have announced a naval blockade against Saudi Arabia, threatening to disrupt maritime traffic in the region. • This escalation risks expanding the existing shipping crisis in the Middle East, potentially impacting global trade and energy security.
Read original · understandingwar.org
Institute for the Study of War• The Middle East conflict is creating significant economic uncertainty for Pakistan, threatening to disrupt the country's fragile macroeconomic stability. • Key risks include fueling sticky inflation, widening external financial pressures, and increasing volatility in global energy prices.
Read original · tribune.com.pk• The United States and Iran have entered their 10th day of renewed fighting, with ongoing attacks across the Middle East threatening to derail diplomatic efforts. • Iranian Interior Minister Eskandar Momeni visited Pakistan, which is serving as a key mediator, in an attempt to salvage a collapsed interim deal between the two nations.
Read original · bdtonline.com• The head of the International Fund for Agricultural Development (IFAD) warned that ongoing conflicts and energy market disruptions are threatening global progress in the fight against hunger. • These instabilities are driving up the costs of essential commodities, including fuel, fertilizer, and food, which could push millions more people into food insecurity.
Read original · independent.co.uk
The Independent• Azerbaijan's president confirmed that clandestine talks between German and Russian officials recently took place in Baku. • The meetings occur as Azerbaijan continues to balance relations by providing humanitarian aid to Ukraine while refusing to join Western sanctions against Russia.
Read original · globalbankingandfinance.com• Iran has declared that military operations will persist until a sufficient level of deterrence is established to prevent further attacks. • US Secretary of State Marco Rubio stated that Washington remains open to diplomatic solutions, though he noted that recent Iranian missile and drone strikes are hindering progress.
Read original · aljazeera.com• UN Secretary-General António Guterres has called for increased diplomatic efforts and restraint to end the escalating conflict between the US and Iran. • The conflict has spread across ten nations, including Saudi Arabia, Iraq, and the UAE, leading to attacks on vital infrastructure.
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UN News• The conflict in Yemen continues to be exacerbated by the Southern Transitional Council's (STC) renewed demands for an independent southern state and a surge in attacks by al-Qaeda in the Arabian Peninsula (AQAP). • A severe humanitarian crisis persists, with 21.6 million people requiring urgent aid, including 11 million children.
Read original · cfr.org• The World Peace Forum in Islamabad recently recognized Pakistan's proactive regional diplomacy, with international speakers praising the country's efforts to foster stability. • Senator Mushahid Hussain urged the establishment of a new "World Order" led by the Global South to challenge existing geopolitical imbalances.
Read original · nation.com.pk• Iran-backed Houthi rebels have expanded their conflict by implementing a blockade on Saudi ships in the Red Sea. • This escalation follows a series of military actions, including the U.S. launching strikes against Iran for the 10th consecutive night.
Read original · nytimes.com• Iran has launched a series of attacks targeting Bahrain, Kuwait, Jordan, and a vessel in the Strait of Hormuz, marking a significant escalation in regional conflict. • The offensive has resulted in the deaths of at least 3 U.S. service members and left dozens of others wounded.
Read original · cbsnews.com