Articles about Crisis

US president claims ‘total control’ of strait of Hormuz despite Iranian seizure of two ships and report warning it could take months to clear waterway of minesTrump claims US has total control over strait of Hormuz after Iran seizes two container shipsAnalysis: Trump may talk of regime infighting, but Iran seems united by strategy born of warHello and welcome to our live coverage of events in the Middle East.Donald Trump has ordered the US military to “shoot and kill” small Iranian boats that deploy mines in the strait of Hormuz and claimed that US minesweepers “are clearing the strait right now” amid the standoff over the key waterway.Trump said the US had “hit about 75% of our targets” in Iran and that a deal had not yet been reached because Iran was “in turmoil”. Trump added to reporters in the Oval Office that he would not use a nuclear weapon against Iran as the conflict continues without a clear end in sight.Trump also said the US had “total control over the strait of Hormuz” – a claim that has drawn scepticism in the face of Iran’s seizure of two container ships and a US report warning it could take six months to clear the strait of mines.Israel’s killing of a Lebanese journalist in a strike has been met with international outrage as Lebanon’s prime minister described the attack as a “war crime”. Amal Khalil, 43, was killed in what colleagues described as a sustained attack by Israeli forces, with rescuers attempting to dig her out of the rubble of a building also targeted and prevented from providing life-saving assistance.Iran’s president, Masoud Pezeshkian, said there were no “hardliners” or “moderates” in Iran, responding a Trump claim there was internal division in Iran’s leadership. Separately, Iran’s foreign minister, Seyed Abbas Araghchi, said Iranian state institutions “continue to act with unity, purpose and discipline”.Italian sports officials say Italy is not interested in replacing Iran at the upcoming World Cup after a suggestion to that effect by a Trump administration official. Sports minister Andrea Abodi said “it’s not a good idea” while finance minister Giancarlo Giorgetti called the suggestion “shameful”. The US said it had no objections to Iranian players participating in the Cup but they would not be allowed to bring along people with ties to Iran’s Revolutionary Guards.Pope Leo XIV urged the US and Iran to return to talks to end the war and condemned capital punishment, calling for a new “culture of peace” to replace the recourse to violence.It remained unclear if the US and Iran would hold another round of talks in Pakistan amid efforts from mediators there towards a peace deal. Continue reading...

White House says Tehran in ‘very weak position’; Iran says two seized ships transferred to its coast; US navy secretary exiting post ‘effective immediately’, says Pentagon‘Impossible’ to reopen strait of Hormuz amid ‘flagrant’ ceasefire breaches, Iran saysWelcome to our live coverage of events in the Middle East.Iran has seized two ships in the strait of Hormuz a day after Donald Trump announced he was indefinitely calling off US attacks, while there is no sign of peace talks restarting.Trump was “satisfied” with the US naval blockade and “understands Iran is in a very weak position”, White House press secretary Karoline Leavitt said. The US president had not set a deadline on Iran submitting a peace proposal, she said, after Trump on Tuesday said he was indefinitely extending the ceasefire at the request of mediator Pakistan until Tehran responded to the US’s negotiating positions or until talks were concluded “one way or the other”.The Pentagon announced that the US secretary of the navy, John Phelan, would depart the office “effective immediately”, without providing an explanation for his sudden exit. The US army’s top officer, Gen Randy George, and two other senior officers were removed earlier this month amid the continuing war with Iran.The US-Israeli war against Iran is “starting to weaken Europe”, Turkish president Recep Tayyip Erdoğan has told his German counterpart. Erdoğan said: “If we do not address this situation with an approach that prioritises peace, the damage caused by the conflict will be far greater.”Israeli strikes in southern Lebanon killed a Lebanese journalist, Amal Khalil, and wounded a photographer accompanying her, a senior Lebanese military official and Khalil’s employer said. The death of Khalil, 43, brought the death toll to five people on Wednesday – the deadliest day since a 10-day truce between Israel and Hezbollah was announced on 16 April. There was no immediate comment from the Israeli military on Khalil’s death.Khalil and freelance photographer Zeinab Faraj were covering developments near the town of al-Tayri when an Israeli strike hit the vehicle in front of them, Reuters reported. They ran into a nearby house that was then also targeted by an Israeli strike, said Lebanon’s health ministry. Lebanese prime minister Nawaf Salam said Israeli targeting of journalists and obstructing relief effort constituted war crimes.Oil prices leapt 4% on Thursday after Iran vowed not to reopen the Hormuz strait amid the US naval blockade despite the truce extension. Around 0025 GMT, the benchmark US oil contract West Texas Intermediate (WTI) rose 4.06% to $96.73 a barrel, while the international oil benchmark Brent North Sea crude climbed 3.62% to $105.63. Both eased back minutes after.Two Palestinians, including a 14-year-old schoolboy, were killed in the occupied West Bank after Israeli settlers opened fire near a school amid mounting assaults on education in the territory, witnesses and local officials have said.United Airlines implemented broad-based rises of 15-20% on fares as it sought to offset the surge in petrol prices while protecting profits, executives said. The big US carrier has also cut its 2026 flying capacity by 5%. Continue reading...

Brussels will relax state aid rules to allow member countries to offer ‘targeted and temporary’ supportEurope live – latest updatesThe EU will cut electricity taxes and provide consumers with fresh incentives to ditch fuel-burning cars and boilers, the European Commission has announced, as the Iran war energy crisis speeds a shift to a clean economy.The plan, which foresees tweaking rules so that electricity is taxed less than oil and gas, aims to bring down bills while encouraging the move away from polluting devices that prolong reliance on foreign fuels. Continue reading...

US Treasury secretary Scott Bessent says Iran’s Kharg Island storage facilities will be full and their ‘fragile’ oil wells shut in mere days because of the blockade; oil prices rise amid ongoing uncertaintyTrump announces extension of Iran ceasefire until ‘discussion concluded’Shares have been mixed in early trading across Asia, while oil prices have eased on hopes the US and Iran may resume talks to end their war.The price of Brent crude edged 0.2% lower but was still above $98 a barrel. US benchmark crude fell 0.4% to $89.29 a barrel. Continue reading...

Iranian official stresses no decision made on taking part, as US vice-president JD Vance is set to travel to Islamabad for negotiations JD Vance to lead US delegation in Pakistan if Iran agrees to talksOn Tuesday morning, Islamabad sat poised and ready to host a second round of talks – even as uncertainty reigned over whether both sides would even turn up.Pakistani officials remained optimistic that the second round of negotiations would happen, even as Iranian ministers said they would refuse to come to the table under the threat of “force” and it remained unclear exactly when US vice-president JD Vance planned to depart Washington for Islamabad. Continue reading...

PM to update state and territory leaders and is weighing options to increase oil refining in Australia. Follow today’s news liveGet our breaking news email, free app or daily news podcastGood morning and welcome to our live news blog. I’m Martin Farrer with the top overnight stories. Nick Visser will take the reins shortly.Anthony Albanese will convene the national cabinet again in coming days to discuss the fuel crisis, he told the ABC’s 7.30 program last night, as the government considers options to boost domestic fuel refining capacity. Continue reading...

• Governments of Spain, Brazil, and Mexico issued a joint statement on Saturday expressing deep concern over the grave humanitarian crisis in Cuba and calling for immediate measures to alleviate suffering faced by the Cuban people. • The statement follows US President Trump's recent indication of shifting focus from the Iran war to Cuba, with a senior US delegation sent last week to Havana to negotiate a deal addressing the island's crisis. • This diplomatic push highlights growing international attention to Cuba's deteriorating conditions, potentially signaling a US pivot that could reshape regional geopolitics and aid flows.

Donald Trump said on Sunday that US marines had taken custody of a vessel that tried to get past the American blockade on Iranian portsTehran has ‘no plans to participate’ in new talks, state media reports, as it accuses US of violating ceasefireJust to recap the latest peace talks news, and whether or not Iran will attend negotiations in Pakistan.State broadcaster IRIB on Sunday cited Iranian sources as saying “there are currently no plans to participate in the next round of Iran-US talks”.Iran has reportedly rejected participation in a second round of peace talks with the US in Pakistan, citing “Washington’s excessive demands, unrealistic expectations, constant shifts in stance, repeated contradictions, and the ongoing naval blockade, which it considers a breach of the ceasefire”, according to the official IRNA news agency.Hours before Iran’s statement, Trump said his negotiators would arrive in Islamabad on Monday evening. A White House official said the delegation would be led by vice-president JD Vance and include Middle East envoy Steve Witkoff and Trump’s son-in-law Jared Kushner.Donald Trump said in a post on Sunday that the US marines have taken custody of a vessel that tried to get past the American blockade on Iranian ports, adding that US forces stopped the ship by blowing a hole in its engine room.The US military confirmed that the US destroyer fired “several rounds” towards an Iranian-flagged ship that was attempting to pass through its naval blockade. In a statement released on Sunday, US Central Command said the USS Spruance intercepted the Iranian-flagged Touska ship as it travelled towards an Iranian port “in violation of the US blockade.”The US blockade of Iran’s ports is a violation of the ceasefire agreement and is “both unlawful and criminal”, Esmaeil Baqaei, a spokesperson for Iran’s foreign ministry, said on Sunday.Oil prices jumped, the US dollar rose and stock futures fell on Monday as investors dealt with conflicting messages about the Iran war and news that the strait of Hormuz was closed again. In early Asian trading Brent crude futures jumped about 7% to $96.85 a barrel and S+P 500 futures fell about 0.9%. The euro was down 0.3% at $1.1735 and the yen eased about 0.2% to 158.95 per dollar. Continue reading...

Americans having less kids plus an ageing population could be a recipe for disaster that further erodes social stabilityRemember environmentalist Paul Ehrlich’s 1960s-vintage prediction about how overpopulation would deplete the Earth’s resources and condemn millions to starvation? His Malthusian condemnation of humanity’s voracious appetite has kept a grip on the debate over the future of the planet, even scaring the young out of having children.Ehrlich was wrong. Yet as we have come around to the thought that overpopulation won’t kill us all, we are being walloped by another demographic emergency: we are not having too many kids, we are having too few. This problem is real. Continue reading...

Iran’s top negotiator says both sides remain far apart after Tehran again closed strait of Hormuz after US said it would not end its blockadeFull report: Iran closes strait of Hormuz again ‘until US lifts blockade’Welcome to our live coverage of events in the Middle East.Iran’s top negotiator, Mohammad Bagher Ghalibaf, said on Saturday that the recent talks with the US had made progress but gaps remained over nuclear issues and the strait of Hormuz. “We have had progress but there is still a big distance between us,” he told state media, referring to talks last weekend. “We made progress in the negotiations, but there are many gaps and some fundamental points remain.”After the initial talks between the US and Iran last weekend in Pakistan, the Iranian deputy foreign minister, Saeed Khatibzadeh, said a second date cannot be set until both sides “have agreed on the framework”.Iran’s supreme national security council, the country’s highest decision-making body under the supreme leader, said it is reviewing “new proposals” put forward by the US, according to Iranian media.Hezbollah has denied it was involved in the deadly attack against UN peacekeepers in southern Lebanon, which killed a French soldier. A UN peacekeeper was killed and three others were injured after a patrol came under attack from “non-state actors”, the UN Interim Force in Lebanon said.Israeli forces on Saturday began demolishing homes in the southern Lebanese town of Bint Jbeil and other border towns where Israeli troops are present, Lebanese state media reported.The Israeli military killed two Unicef-contracted truck drivers at a water point in the northern Gaza Strip, forcing the UN agency to suspend its operations in the area, Unicef said.Pope Leo XIV said that it is “not in my interest at all” to debate Trump about the Iran war, but that he would continue preaching the Gospel message of peace.Trump left the White House Saturday afternoon to play golf, despite Iran’s re-closure of the strait of Hormuz in response to the US blockade of Iranian ports. Continue reading...

• Egypt's Ministry of Water Resources announced Friday that the Nile River has reached its lowest water level in five decades, threatening agricultural production for 105 million people and jeopardizing regional hydroelectric power generation. • The drought, attributed to prolonged upstream precipitation failures and upstream dam construction by Ethiopia, could reduce Egypt's wheat harvest by 18% this season, prompting emergency grain imports. • Egypt's government appealed to the UN and international donors for humanitarian assistance, warning of potential food security crisis and mass displacement in rural farming communities by summer.

• Turkey convened emergency peace negotiations in Istanbul on Thursday involving representatives from Syria, Lebanon, Iraq, and international mediators to address escalating refugee flows and cross-border military operations. • Syrian government forces launched new offensive operations against opposition-held territories, displacing an estimated 340,000 civilians and creating a humanitarian emergency affecting 8.7 million people across the region. • UN humanitarian coordinator warned of imminent famine conditions in northwest Syria unless fighting ceases and aid corridors reopen, with food insecurity affecting 70% of the population in conflict zones.

• Israeli and Egyptian officials held talks in Cairo on April 18 to discuss a potential ceasefire agreement brokered by Qatari mediators, marking the first substantive negotiation in three weeks following escalated border tensions. • Gaza's health ministry reports 1.8 million people face acute food insecurity, with humanitarian organizations warning of disease outbreaks; the UN humanitarian coordinator called the situation "the worst in two years." • Both sides remain divided over prisoner exchanges and Israeli military withdrawal timelines, though preliminary frameworks for a phased 90-day truce have been proposed.

• Armed clashes between the Sudanese Armed Forces and Rapid Support Forces expanded into Al Gezira state on April 17, displacing an estimated 250,000 civilians and blocking access to critical food supply corridors. • The UN Office for the Coordination of Humanitarian Affairs reports 18 million Sudanese now require humanitarian assistance—a 40% increase from January—with famine conditions already declared in parts of Darfur and South Kordofan. • International aid organizations warn that violence is obstructing delivery of medical supplies and vaccinations, raising risks of disease outbreaks in overcrowded displacement camps.

Sir Simon McDonald says Olly Robbins was ‘thrown under a bus’ by the prime minister and the decision feels ‘wrong’The Peter Mandelson security vetting scandal is the biggest crisis for the diplomatic service in decades, a former Foreign Office chief has said.Sir Simon McDonald, who was the permanent under-secretary of the government department until 2020, has spoken out in defence of Sir Oliver Robbins, saying the civil servant was “thrown under a bus” by the prime minister, Keir Starmer, when he was dismissed from his role on Thursday. Continue reading...

Iranian parliamentary speaker also says passage through waterway will depend on Iranian authorisation and accuses Donald Trump of multiple falsehoodsIran says strait of Hormuz ‘completely open’ to commercial vessels as oil prices fallBritain will make “a wide-ranging military contribution” to an international mission to protect shipping in the strait of Hormuz trade waterway, the UK ambassador to the US has said.Christian Turner’s commitment comes amid long-running concerns over the state of Britain’s armed forces and warnings of under-funding. Continue reading...

• The United Kingdom, United States, Italy, and France have jointly emphasized the urgent need for peace, stability, and long-term prosperity in the Middle East as the Iran crisis threatens global economic and security interests. • The four Western powers are coordinating on a de-escalation strategy focused on protecting civilian lives, safeguarding global energy routes, and reopening key trade corridors including the Strait of Hormuz. • Western officials have highlighted concerns over global energy disruption, inflation risks, and the need for immediate diplomatic resolution amid the escalating regional tensions.

António Guterres welcomes truce and says through spokesperson he hopes halt in fighting will ‘pave the way for negotiations’Hello and welcome to our live coverage of events in the Middle East.United Nations chief António Guterres has welcomed the ceasefire announced on Thursday between Israel and Lebanon, urging “all actors” to fully respect the truce.A 10-day ceasefire between Israel and Lebanon has come into effect, pausing fighting in a devastating conflict between Israel and Hezbollah that has killed more than 2,100 Lebanese people and displaced more than 2.1 million. The agreement was announced earlier by Donald Trump, who said he had spoken with Israeli prime minister Benjamin Netanyahu and Lebanese president Joseph Aoun, and invited both leaders “for meaningful talks” at the White House. Both leaders welcomed the agreement. But how long the ceasefire will hold is the key question, as both Israel and Hezbollah have maintained their right to defend themselves if the truce is broken. Here’s our report.Netanyahu called it a “historic” opportunity for peace, though he refused to withdraw his troops from southern Lebanon during the pause in fighting. “We are remaining in Lebanon in an expanded security zone,” he said, due to the “danger of an invasion” and to prevent fire into Israel. “That is where we are, and we are not leaving.” The Israeli prime minister maintained that his key demand was dismantling Hezbollah. He has previously declared his intention to occupy southern Lebanon up to the Litani River – about 30km from the border – while Lebanon demands the complete withdrawal of Israeli forces and for displaced residents to be able to return to their homes.Iran’s foreign ministry spokesperson Esmail Baghaei welcomed the ceasefire and stressed it was already part of the original Iran-US agreement brokered by Pakistan. Baghaei said Iran emphasised “from the outset” the need for a “simultaneous ceasefire throughout the region, including Lebanon”, and expressed his “solidarity” with the people and government of Lebanon. He called for the return of displaced residents to their homes and emphasised the necessity of the “complete withdrawal” of Israeli forces from the south of the country – which, as mentioned, Israel has refused to do.The Lebanese army urged residents to “exercise restraint” in returning to their villages and towns in southern Lebanon ahead of the ceasefire coming into effect. The army added that even then residents should avoid areas that remain occupied by Israeli forces. It was followed by a similar statement issued by Hezbollah, urging caution amid Israel’s history of “breaking covenants and agreements”.The Israeli military issued an urgent warning to the people of southern Lebanon not to return south of the Litani River despite the ceasefire coming into force.In the hours before the truce took effect, Israel and Hezbollah continued to exchange fire. Just as the ceasefire came into force, the Israeli military said it had hit more than 380 Hezbollah targets in southern Lebanon in the past 24 hours, including rocket launchers, headquarters and Hezbollah members themselves. Meanwhile, Israeli strikes on Lebanese towns and villages killed dozens of people, including an attack on the town of Ghazieh which killed at least seven people and wounded 33, the health ministry said on Thursday. Continue reading...

New meeting to come after rare direct talks between the countries mediated by US; Netanyahu earlier says Israel about to ‘overwhelm’ part of southern LebanonUS and Iran in indirect talks to extend two-week ceasefireHello and welcome to our live coverage of events in the Middle East.Donald Trump says the leaders of Israel and Lebanon will hold talks on Thursday, after the countries’ first face-to-face diplomatic negotiations in decades.Pakistan’s army chief met with Iran’s foreign minister in Tehran on Wednesday in the latest diplomatic move to ease Middle East tensions and arrange a second round of US-Iran negotiations. Trump said earlier that the war was “very close to over”.Leavitt said a second round of US-Iran talks would “very likely” take place in Islamabad again and that Pakistan was “the only mediator” in the discussions.Major Wall Street stock indices extended an upward climb on optimism about a US-Iran agreement.Israel’s security cabinet met to discuss a ceasefire after the Israel-Lebanon talks mediated by the US in Washington on Tuesday. But the Israeli military continues to strike the country, with Netanyahu saying Israel was about to “overwhelm” the southern Lebanese town of Bint Jbeil, calling it a Hezbollah stronghold.Four Lebanese rescue workers were killed in consecutive Israeli strikes in the southern Lebanon village of Mayfadoun on Wednesday, paramedic groups said. Six others were wounded.The US military’s Middle East command Centcom said it stopped 10 vessels from sailing out of Iranian ports during the first 48 hours of the US naval blockade. But ship tracking data indicated at least three ships sailing from Iranian ports crossed the strait of Hormuz, though some vessels taking the route later turned back.The finance ministers of 11 countries including the UK and Japan called for “coordinated emergency support” from the IMF and World Bank to help countries hit by disruptions from the Middle East war. Continue reading...

Energy crisis unfolding in Middle East has added political urgency, and more funding, to transform South Korea’s solar industryIn Guyang-ri, a farming village of 70 households about 90 minutes south-east of Seoul, people gather for communal free lunches six days a week. The meals are funded by the village’s one-megawatt solar installation, which generates roughly 10m won ($6,800) in net profit each month.“Residents eat lunch together every day, so we see each other’s faces, talk together,” says Jeon Joo-young, the village chief. “Bonds and solidarity between residents become much stronger. Life becomes more enjoyable.” Continue reading...

Donors exceed funding target at Berlin conference but prospects for ceasefire remain distantMore than £1bn (€1.15bn) has been pledged for war-ravaged Sudan at a conference in Berlin, eclipsing the funding target organisers had set to help mitigate the world’s largest humanitarian crisis.The financial commitments made on Wednesday will also help offset a chronic humanitarian funding shortfall in a country devastated by three years of conflict, where two-thirds of its population – 34m people – require assistance. Continue reading...

US military boasts blockade of the strait of Hormuz will incapacitate Iran’s economy; Trump says negotiations could return to PakistanUS-Iran peace talks could resume in next two days, Trump saysWelcome to the Guardian’s continuing coverage of the crisis in the Middle East.The US military has said American forces have completely halted economic trade going in and out of Iran by sea through a blockade.An estimated 90% of Iran’s economy is fueled by international trade by sea. In less than 36 hours since the blockade was implemented, U.S. forces have completely halted economic trade going into and out of Iran by sea.”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. “Something could be happening over the next two days, and we’re more inclined to go there,” Trump was quoted as saying.US secretary of state Marco Rubio said Israel-Lebanon talks in Washington on Tuesday were a “historic opportunity”. He said that while every complexity would not be resolved immediately, he hoped the parties would begin to move forward.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... will mark the beginning of the end of the suffering of the Lebanese people in general, and those in the south in particular,” president Joseph Aoun said in a statement, adding that “stability will not return to the south if Israel continues to occupy its lands”.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. After participating in Tuesday’s talks with Rubio and Israel’s ambassador to the US, Nada Hamadeh Moawad said she had “underscored the need to preserve our territorial integrity and state sovereignty”.The US will not renew a 30-day waiver of sanctions on Iranian oil at sea that expires this week officials told Reuters, as the US imposes a blockade on shipments from Iranian ports.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. A spokesperson said: “The summit will advance work towards a coordinated, independent, multinational plan to safeguard international shipping once the conflict ends.”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. I thought she had courage, but I was wrong,” he told Italian daily Corriere della Sera.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. “This is the third meeting of the four countries to discuss regional affairs, not specifically Hormuz,” said the source, who wished to remain anonymous.Hezbollah said it targeted 13 northern Israeli towns with rockets shortly after the start of Lebanese-Israeli talks in Washington. In a statement, the group said it targeted Kiryat Shmona, Metula and 11 other towns “with simultaneous rocket salvos” at 6.15pm.US treasury secretary Scott Bessent has said the underlying US economy remains strong and that growth could still exceed 3% or 3.5% 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...

Conference president expresses ‘complete faith’ in Chris Bowen to lead tough negotiationsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastTuvalu, the Pacific nation at the forefront of the global climate crisis, will host a special meeting of world leaders before this year’s Cop31 summit, as the conference president expresses “complete faith” in Chris Bowen to lead tough negotiations.Turkey’s climate minister, Murat Kurum, is president-designate for the November summit, set to see world leaders meet in Antalya to thrash out new targets for cutting carbon emissions. Continue reading...

Experts say ‘cautious consumption’ shows households bracing for return to extended period of financial pressure experienced during pandemic yearsGet our breaking news email, free app or daily news podcastAustralians are choosing chicken schnitzel over more expensive rib-eye steak, avoiding entrees and sticking with tap water rather than a glass of wine amid ongoing uncertainty surrounding the fuel crisis and war in Iran.As soon as the numbers on the petrol bowser started climbing last month as the US and Israel launched strikes on Iran, the customer response was swift. Continue reading...

As treasurer Jim Chalmers weighs ‘extreme uncertainty’, one economic scenario sees global growth plunging to just 2% in 2026Get our breaking news email, free app or daily news podcastThe International Monetary Fund has warned the US-Israel war on Iran risks creating an “energy crisis of an unprecedented scale” that could tip the global economy towards recession.The grim warning contained in the IMF’s latest World Economic Outlook comes as Jim Chalmers prepares to attend the organisation’s spring meetings in Washington DC this week, where he said he would be “joining with other countries continuing to call for an enduring end to the war”. Continue reading...

• The UN's top aid official has warned that Sudan's humanitarian crisis is being abandoned as the war between rival militaries enters its fourth year, with attacks intensifying and humanitarian access shrinking following a deadly airstrike on a funeral gathering in West Kordofan. • Civilians caught in the conflict face mounting dangers as the situation deteriorates, with the UN condemning the escalating violence and calling for renewed international attention to the neglected crisis. • The warnings come as the global community grapples with multiple concurrent conflicts, raising concerns about resource allocation and diplomatic focus on overlooked humanitarian emergencies.

• Finance ministers and central bank governors gathered in Washington for IMF and World Bank Spring Meetings are confronting an unprecedented global energy shock caused by the Iran war and Strait of Hormuz closure, according to IMF Managing Director Kristalina Georgieva. • Georgieva warned that "there will be no neat and clean return to the status quo ante," indicating long-term economic impacts regardless of ceasefire outcomes or efforts to reopen shipping routes. • The energy crisis is already affecting hundreds of millions of people globally, with decisions made at the meetings regarding resource allocation and emergency funding expected to have tangible impacts on livelihoods in the coming weeks.

Hezbollah says it will not abide by agreements that result from the Lebanon-Israel talks in the US; Trump claims Iran wants to make a dealUS starts naval blockade of Iranian ports after deadline passesThe Lebanese militant group Hezbollah will not abide by any agreements that may result from direct Lebanon-Israel talks in the US, negotiations it firmly opposes, a senior Hezbollah official has said.Wafiq Safa, a high-ranking member of Hezbollah’s political council, spoke on the eve of talks expected in Washington between Lebanese and Israeli ambassadors to the US.Trump said the blockade would be on all Iranian ports along the strait from Monday onward. About 20% of the global oil and gas supply moved through this waterway before the war. Seafarers as well as the United Kingdom Maritime Trade Operations received advisories indicating Trump’s blockade would apply to all ship traffic, regardless of the vessel’s flag.Trump claimed that Iran wanted to reach a deal. He insisted the US would not agree to any deal that would permit Iran to have a nuclear weapon. “We can’t let a country blackmail or extort the world,” he said at a last-minute press conference at the White House on Monday.After receiving a McDonald’s delivery at the beginning of the presser, Trump invoked bellicose language in discussing Iran. “Iran will not have a nuclear weapon, and we’re going to get the dust back. We’ll get it back, either we’ll get it back from them, or we’ll take it,” he said. At one point, when questioned about some sort of prior ultimatum regarding Iran, Trump said: “I don’t want to comment on that but it won’t be pleasant.”Talks are expected in Washington between Lebanese and Israeli ambassadors to the US. It will be the first time in decades that envoys from Lebanon and Israel, which do not have diplomatic relations, will meet face-to-face in direct talks. Lebanese officials are looking to broker a ceasefire in the Israel-Hezbollah war.There were reports indicating that US officials were continuing talks with Tehran. One official told CNN: “There is continued engagement between the US and Iran and forward motion on trying to get an agreement.” Meanwhile, some administration officials were having internal talks about how a second sit-down with Iranian officials might look, should the opportunity arise, CNN reported.Trump blasted Pope Leo XIV on social media in response to the pontiff’s call for an end to the war. The president claimed the pope was trying to appease the “radical left”. The pope said he had “no intention to debate” Trump over Iran but would continue to advocate for peace. US vice-president JD Vance urged the Vatican to “stick to matters of morality”. Continue reading...