Inclusion of Lebanon is significant difference in interpretation of truce agreed at 11th hour on TuesdayMiddle East crisis – live updatesThe fate of the two-week ceasefire in the Iran conflict looked uncertain on Wednesday as both sides gave divergent versions of what had been agreed, Israel intensified its bombing campaign in Lebanon and Iran halted the passage of oil tankers because of an Israeli ceasefire “breach”.Iran and Pakistan, which brokered the 11th-hour truce, both asserted that the ceasefire included Lebanon. Israel’s prime minister, Benjamin Netanyahu, disagreed and Israeli forces unleashed their heaviest attack of the war so far on more than 100 targets in Beirut and across the country. Continue reading...
Defense secretary spoke to reporters in first press briefing since Trump announced ceasefire deal after 40 days of warAfter 40 days and 40 nights of war, Pete Hegseth, the US defense secretary, on Wednesday pointed to divine providence while telling reporters that Iran’s weapons factories had been reduced to rubble, its military rendered ineffective for years and its supreme leader left wounded and disfigured, all for a temporary ceasefire.“Iran begged for this ceasefire, and we all know it,” Hegseth said Wednesday morning at the Pentagon’s first press briefing since Donald Trump announced a two-week pause in hostilities Tuesday night. “Operation Epic Fury decimated Iran’s military and rendered it combat ineffective for years to come.” Continue reading...
Estimated 2,000 ships, including oil and gas tankers and cruise liners, remain trapped in the Persian Gulf since start of warThere will be no “mass exodus” of ships through the strait of Hormuz, according to shipping analysts, despite the agreement of a two-week conditional ceasefire between the US and Iran and provisions for a temporary reopening of the crucial maritime channel.The ceasefire agreement “doesn’t change the situation in the sense that Iran is still in control,” said Richard Meade, the editor-in-chief at maritime data provider Lloyd’s List Intelligence. “It still requires ships to essentially seek permission, and that’s the key. That means that nothing has changed – no permission, no transit.” Continue reading...
Donald Trump abandoned his threat for Iran to surrender or face destruction after a last-minute intervention led by Pakistan. Plus, why some people are ‘bad texters’Good morning.The US and Iran agreed to a two-week conditional ceasefire deal on Tuesday evening, which includes a temporary reopening of the strait of Hormuz.How does the ceasefire affect Israel and Lebanon? The Israel prime minister, Benjamin Netanyahu, said Israel backed the US ceasefire with Iran – but that the deal did not cover fighting against Hezbollah in Lebanon. Israeli attacks have killed more than 1,500 in Lebanon.What has Trump said about the Iranian 10-point plan? He has called it a “workable basis on which to negotiate”. Here’s what’s in it.Follow our liveblog for the latest developments.How much of a margin do Republicans have in Georgia? The GOP currently holds the state House with a three-vote margin. Continue reading...
Markets now forecast one rate rise this year, down from two on Tuesday, although mortgage rates may not fall quicklyBusiness live – latest updates City traders have cut their forecasts for UK interest rate rises this year, after the US and Iran agreed a two-week ceasefire.The money markets are now fully pricing in only one rise in UK interest rates by December, which would take the Bank of England’s base rate back up to 4%. On Tuesday, two rate rises were fully priced in, as Donald Trump threatened that a “whole civilisation will die” unless Tehran complied with his demands to reopen the strait of Hormuz. Continue reading...
Announcement of deal met with relief, and calls for strait of Hormuz to be reopened and permanent end to hostilities US and Iran agree to provisional ceasefireMiddle East crisis – live updatesEuropean leaders have welcomed the US-Iran ceasefire deal, while calling for the reopening of the strait of Hormuz and a permanent end to hostilities, including in Lebanon.The US and Iran agreed a two-week conditional ceasefire on Tuesday, including a temporary reopening of the strait of Hormuz, after last-minute diplomacy from Pakistan. The Israeli military said on Wednesday, however, that it was continuing “fighting and ground operations” in its war against the Lebanese militia Hezbollah, despite a statement from mediator Pakistan that Lebanon was included in the ceasefire. Continue reading...
US is in weaker position than before war as Tehran has shown capacity to inflict pain on Trump administrationMiddle East crisis – live updatesThe announcement of a two-week ceasefire has allowed Donald Trump to hail the reopening of the Hormuz strait as a victorious dawn of a new golden age, but it is Iran that now enters peace talks with the stronger hand.The Tehran regime goes to the negotiations planned for Friday in Pakistan bloodied but still intact. It still holds a stockpile of highly enriched uranium (the original crux of the conflict with the US, Israel and allies), and it now claims at least part-control of the strait, having demonstrated its power to close the narrow waterway and hold the world to ransom. Continue reading...
• U.S. stock futures surged with S&P 500 Index futures climbing 25 points to $6,600 after President Donald Trump announced a two-week suspension of Iran attacks pending agreements.
• Oil prices fell sharply in response to the de-escalation news, easing supply disruption fears and boosting market sentiment on Monday morning.
• The rally reflects investor optimism over potential US-Iran talks and a 50-day ceasefire, reducing geopolitical risks impacting energy and equities.
PM to meet partners in region to discuss effort to ‘support and sustain ceasefire’ and reopening the strait of HormuzSarah Jones, the policing minister, has been giving interviews. She has been talking about Keir Starmer’s visit to the Gulf, but hasn’t said anything that really adds to the (rather limited) information about the visit put out by Downing Street.Jones told Times Radio:[Starmer] is going to the Gulf for a number of reasons. Firstly you will have seen last week with the foreign secretary, and this week with our officials, where we have played a real leading role bringing together about 40 countries looking at the challenge that we have in the strait [of Hormuz] and how we can make sure that opens up as quickly as possible to bring some normality back to that system. so there will be that aspect.He wants to see the work of our brave personnel who are there in the region, of course, with our three very key principles of protecting British interests and protecting British citizens and our allies. He will want to see the work of that. Continue reading...
PM to meet regional leaders to discuss effort to ‘support and sustain ceasefire’ and reopening the strait of HormuzMiddle East crisis – live updatesKeir Starmer is travelling to the Gulf to meet leaders in the region to discuss diplomatic efforts to support the ceasefire agreed between the US and Iran.The prime minister’s visit on Wednesday comes hours after a two-week ceasefire was agreed on Tuesday evening, canceling a self-imposed deadline by the US president, Donald Trump, for Iran to surrender or face widespread destruction. Continue reading...
Brent crude oil dropped to $93 a barrel after Trump ceasefire announcement and Iran’s pledge to reopen strait of Hormuz under its managementMiddle East crisis – live updatesFull report: US and Iran agree to provisional ceasefire with Tehran saying it will reopen strait of HormuzOil prices plunged by almost 15% after Donald Trump held off on his threat to bomb Iran into the stone ages on Tuesday night, and Iran’s foreign minister said passage through the strait of Hormuz would be allowed for the next two weeks under the management of its military.With just over an hour until his deadline was due to pass, the US president said he was holding off on threatened attacks on Iran, subject to Tehran agreeing to a two-week ceasefire and reopening of the strait of Hormuz. Continue reading...
Chris Bowen says Australians should ‘not get ahead of ourselves’ by expecting prices to fallFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastTrack current petrol and diesel prices across AustraliaPetrol prices are rising again and diesel wholesale prices have hit new record highs as the government warns the US ceasefire with Iran will not make fuel cheaper.The average unleaded prices at service stations rose in some cities on Wednesday for the first time since late March, as fuel tankers hiked their charges. Continue reading...
Two-week ceasefire comes after Trump spoke to Pakistan’s leaders, with China also believed to be exerting influence over TehranMiddle East crisis – live updatesUS and Iran agree to provisional ceasefire with Tehran saying it will reopen strait of HormuzThe US and Iran agreed to a two-week ceasefire on Tuesday barely an hour before Donald Trump’s deadline to obliterate Iran was set to expire, with Tehran agreeing to temporarily reopen the strait of Hormuz.Israel also agreed to the ceasefire, the White House said. As Trump announced he was suspending his plans to escalate attacks across Iran, the US president said he had received a “workable” ceasefire proposal from Iran. Continue reading...
Pakistan’s PM had said the ceasefire would cover Lebanon; Iran says passage through the strait of Hormuz will be allowed for the next 2 weeks. Follow the latest newsUS and Iran agree to provisional ceasefire with Tehran saying it will reopen strait of HormuzIran war ceasefire announcement – what we know so farIsrael supports Donald Trump’s decision to suspend strikes against Iran for two weeks, but said the ceasefire does not include Lebanon, prime minister Benjamin Netanyahu’s office said on Wednesday.The office said Israel backed the US move, provided Tehran immediately opens the strait of Hormuz and stops attacks against the United States, Israel and countries in the region.Iran’s Supreme National Security Council said it had conditionally accepted a two-week ceasefire if attacks agains Iran are halted.Iran’s foreign minister said passage through the strait of Hormuz will be allowed for the next 2 weeks under Iranian military management.Iranian state media said negotiations with the US would be held in Islamabad to finalise details of an agreement, with the aim of “confirming Iran’s battlefield achievements”. Talks will begin on Friday 10 April and may be extended, state media reported. State media also reported that talks with the US do not amount to the end of the war.Pakistani prime minister Shebaz Sharif announced that Iran, the US and their allies agreed to an immediate ceasefire everywhere, including Lebanon. Sharif has been a key figure in attempting to reach a diplomatic solution between the two warring parties. In his statement, Sharif invited delegations to Islamabad on “Friday, 10th April 2026, to further negotiate for a conclusive agreement to settle all disputes”.Benjamin Netanyahu said Israeli welcomed the ceasefire but said fighting Hezbollah in Lebanon was not part of it.Trump said Iran had proposed a “workable” 10-point peace plan. According to Iranian state media, the ten-point proposal includes a number of conditions that the US has in the past rejected. Among them are controlled transit through strait of Hormuz coordinated with Iranian armed forces and withdrawal of all US forces from regional bases. The plan would also require the lifting of all primary and secondary sanctions, payment of full compensation to Iran and release of all frozen Iranian assets.Iranian state media also said the 10-point plan for securing an end to the war would require Washington to accept its uranium enrichment program, a previous red line for the Trump administration.Even as the ceasefire was proposed, missile alerts continued in the United Arab Emirates, Qatar and Israel. Continue reading...
US president says on social media he agreed to suspend attack for two weeks ahead of self-imposed deadlineMiddle East crisis – live updatesSign up for the Breaking News US newsletter emailDonald Trump said Tuesday he has agreed to a two-week ceasefire in Iran.“I agree to suspend the bombing and attack of Iran for a period of two weeks,” the US president wrote on social media. “This will be a double sided CEASEFIRE!” Continue reading...
• Pakistan, Turkey, Saudi Arabia, and Egypt have initiated mediation between the US and Iran to end the ongoing war, relaying messages since its start.
• An Islamabad-brokered ceasefire plan was presented to both sides on Monday, proposing a 15-20 day settlement with immediate ceasefire and reopening of the Strait of Hormuz ahead of a US Tuesday deadline threatening escalated strikes.
• Earlier on March 25, a 15-point US proposal via Pakistan demanded dismantling Iran's nuclear facilities, missile limits, and a 30-day ceasefire, countered by Iran's five conditions including compensation and maritime control rights.
Mediators want both sides to agree to suspend hostilities but Tehran warns peace talks ‘incompatible with threats’Middle East crisis – live updatesProposals for an immediate ceasefire have been circulated to Washington and Tehran in an attempt to halt the five-week-old war and stave off an extraordinary threat issued by Donald Trump to bomb Iran’s power plants.Mediators from Pakistan, Egypt and Turkey want both sides to agree to suspend hostilities and reopen the strait of Hormuz, to be followed by a period of detailed negotiations intended to reach a more complete peace agreement. Continue reading...
• China has publicly criticized Iran amid the Persian Gulf conflict, urging an immediate ceasefire and protection of shipping lanes as the Strait of Hormuz closure disrupts global energy markets.
• Beijing condemned Iran's attacks on Gulf states while aligning temporarily with Europe on ceasefire efforts, though it also warned the U.S. against strikes violating international law.
• This shift highlights changing diplomatic dynamics, creating a brief convergence between China and Brussels amid severe energy market shocks and stalled UN votes on intervention.
• Russia and Egypt have jointly called for an immediate ceasefire in the Iran conflict, urging all parties to return to diplomatic negotiations as tensions escalate across the Gulf region.
• The call for de-escalation comes amid ongoing military strikes, Iranian retaliation threats, and regional instability affecting global oil markets and international security.
• Diplomatic efforts by non-Western powers reflect growing international concern about the conflict's potential to expand and destabilize the broader Middle East.
Oil prices on course for record monthly rise amid risk of further escalation and mixed messaging from USDonald Trump has threatened to “obliterate” Iran’s power stations and fresh water plants if Tehran does not agree to peace terms “shortly”, even as he claimed diplomatic progress in ending the war that was instigated by the US and Israel.Tehran has remained defiant during the month-long conflict, describing US peace proposals as “excessive, unrealistic and irrational” and firing waves of missiles at Israel. Continue reading...
Iran’s foreign minister has said Tehran has ‘no intention of negotiating for now’. Plus, the AI users whose lives were wrecked by delusionGood morning.Iran dismissed a US ceasefire proposal on Wednesday and responded with its own negotiation plan as intermediaries sought to keep diplomatic channels between the warring countries open.What is the toll? The US-Israel war on Iran has killed more than 1,000 people in Lebanon, more than 1,500 in Iran and 16 in Israel, according to each country’s authorities. More than a dozen deaths have been reported in the West Bank and Gulf Arab states. Experts warn there has been a collapse in healthcare access.This is a developing story. Follow our liveblog for the latest updates.What did the Los Angeles plaintiff allege? The 20-year-old woman testified that she became addicted to YouTube at age six and Instagram at nine, which she said harmed her wellbeing. She blamed the platforms for her experience of body dysmorphic disorder and social phobia in her adolescence.How much will the companies pay the plaintiff? The jury awarded the plaintiff in the case damages of $6m, with Meta to pay 70% and YouTube the remainder. Continue reading...
Pakistani intermediaries deliver 15-point plan but some proposals proved intractable in previous negotiationsIranian officials expressed initial disapproval of a US ceasefire plan on Wednesday, even as intermediaries suggested direct talks between the two could start as early as this weekend.Representatives from Pakistan who reportedly delivered the US plan to Iran told the Associated Press that it was a 15-point proposal that would include sanctions relief for Iran, dismantling Iran’s nuclear programme, restricting its use of missiles and reopening the strait of Hormuz, a chokepoint for about 20% of the world’s oil. Continue reading...
• The Trump administration submitted a 15-point ceasefire proposal to Iran on March 25, with details including dismantling of Iranian nuclear capabilities and Iran's commitment never to pursue nuclear weapons, according to Israeli media reports.
• President Trump stated the US is in contact with "the right" Iranian interlocutors and that Iran wants to make a deal "so badly," while approximately 290 US service members have been wounded since Operation Epic Fury began against Iran.
• The diplomatic initiative has sparked market optimism, with oil prices falling more than 3% and Asian shares gaining on de-escalation hopes, though Iran's military dismissed Washington as not being in a position to negotiate.
• Iran's military dismissed US diplomatic overtures and launched intensified attacks on Israel and Gulf targets on March 25, with one Iranian drone striking Kuwait International Airport and igniting a fuel tank fire, while multiple drones were also intercepted in Saudi Arabia and Bahrain.
• Iran maintained its control over the Strait of Hormuz and allowed safe passage only to vessels not involved in "aggression," while continuing daily missile and drone attacks against Israel that Israeli forces said they intercepted with missile defense systems.
• Despite the military escalation, Iranian officials remained concerned about Israeli airstrikes that have reportedly killed senior Iranian officials, and Pakistan offered to mediate between the US and Iran as international parties sought de-escalation.
New online accounts on Polymarket platform betting a total of $70,000 suggest ‘some degree of inside info’Several accounts on the online platform Polymarket laid bets on a US-Iran ceasefire over the weekend that appeared to show signs of insider knowledge, according to experts.Eight accounts, all newly created around 21 March, bet a total of nearly $70,000 (£52,000) on there being a ceasefire. They stand to make nearly $820,000 if a such a deal is reached before 31 March. Continue reading...
• In a Saturday phone call with NBC journalist Kristen Welker, President Trump claimed Iran sought a ceasefire, but Iranian Foreign Minister Abbas Arashi immediately contradicted the assertion, stating Iran has never requested negotiations or a truce.
• US and Israeli forces have intensified bombardment of Iranian cities including Tehran, Hamadan, and Isfahan, with Trump warning of additional strikes; 12 US service members have been killed since the war began February 28.
• Reuters reports Trump has ignored attempts by Middle Eastern allies to broker negotiations ending the conflict, while the US State Department warned American citizens to leave Iraq immediately amid ongoing military operations.