Iranian foreign minister has landed in Islamabad but his ministry says there will be no direct negotiations with the US envoyThe Israel Defense Forces (IDF) said it launched strikes in three areas in southern Lebanon against what it claimed were Hezbollah rocket launchers.The strikes hit the villages of Deir al-Zahrani, Kfar Reman and al-Samaâiya, which are north of where IDF forces are located in southern Lebanon. Continue reading...
US president claims âtotal controlâ 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 âshoot and killâ small Iranian boats that deploy mines in the strait of Hormuz and claimed that US minesweepers âare clearing the strait right nowâ amid the standoff over the key waterway.Trump said the US had âhit about 75% of our targetsâ in Iran and that a deal had not yet been reached because Iran was âin turmoilâ. 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 âtotal control over the strait of Hormuzâ â a claim that has drawn scepticism in the face of Iranâs seizure of two container ships and a US report warning it could take six months to clear the strait of mines.Israelâs killing of a Lebanese journalist in a strike has been met with international outrage as Lebanonâs prime minister described the attack as a âwar crimeâ. 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.Iranâs president, Masoud Pezeshkian, said there were no âhardlinersâ or âmoderatesâ in Iran, responding a Trump claim there was internal division in Iranâs leadership. Separately, Iranâs foreign minister, Seyed Abbas Araghchi, said Iranian state institutions âcontinue to act with unity, purpose and disciplineâ.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 âitâs not a good ideaâ while finance minister Giancarlo Giorgetti called the suggestion âshamefulâ. 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 Iranâs 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 âculture of peaceâ 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 âvery weak positionâ; Iran says two seized ships transferred to its coast; US navy secretary exiting post âeffective immediatelyâ, says PentagonâImpossibleâ to reopen strait of Hormuz amid âflagrantâ 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 âsatisfiedâ with the US naval blockade and âunderstands Iran is in a very weak positionâ, 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 USâs negotiating positions or until talks were concluded âone way or the otherâ.The Pentagon announced that the US secretary of the navy, John Phelan, would depart the office âeffective immediatelyâ, without providing an explanation for his sudden exit. The US armyâs 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 âstarting to weaken Europeâ, Turkish president Recep Tayyip ErdoÄan has told his German counterpart. ErdoÄan said: âIf we do not address this situation with an approach that prioritises peace, the damage caused by the conflict will be far greater.âIsraeli strikes in southern Lebanon killed a Lebanese journalist, Amal Khalil, and wounded a photographer accompanying her, a senior Lebanese military official and Khalilâs employer said. The death of Khalil, 43, brought the death toll to five people on Wednesday â 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 Khalilâs 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 Lebanonâs 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...
Farmers have been calling for higher prices for weeks, amid soaring diesel and fertiliser costs and limited supplyGet our breaking news email, free app or daily news podcastColes has increased home-brand milk prices by up to 20c a litre, with Woolworths set to follow as war in the Middle East starts to hit Australian grocery costs.The price rise will support the companyâs bottom line against pressure from higher fuel and operating costs, while some of the revenue will be temporarily passed on to dairy farmers. Continue reading...
US Treasury secretary Scott Bessent says Iranâs Kharg Island storage facilities will be full and their âfragileâ oil wells shut in mere days because of the blockade; oil prices rise amid ongoing uncertaintyTrump announces extension of Iran ceasefire until âdiscussion concludedâShares 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...
Representatives from EU countries are meeting in Luxembourg todayJust as expected.Spainâs foreign minister JosĂŠ Manuel Albares has just confirmed that Spain, Slovenia and Ireland have requested a discussion on suspending the EUâs association treaty with Israel at todayâs meeting of the blocâs foreign ministers.âEuropean Union has to say today very clearly to Israel that that change is needed. Thatâs not the right path, and that while Israel continues in that path of a permanent perpetual war, we will not be able to [run our relations] in the same way.â 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 â 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 âforceâ and it remained unclear exactly when US vice-president JD Vance planned to depart Washington for Islamabad. Continue reading...
Islamabad has seized chance to act as mediator in Iran war and hopes to reap diplomatic and economic benefitsMiddle East crisis â live updatesAs Pakistan works frantically to narrow differences between Iran and the US in its newfound role as global peacemaker, it is also seeking to recast its diplomatic standing and attract business.Pakistani officials, mediating between an unpredictable US president and hardliners in Tehran, were on Monday trying to coax both sides to put the conditions in place for a second round of talks in Islamabad this week, including easing the standoff in the strait of Hormuz. Pakistan was optimistic that the meeting would happen, viewing objections voiced by the Iranian side and Donald Trumpâs threats as posturing for domestic audiences. Continue reading...
Twin reports from top accounting firms underline scale of economic threat as Iran war shatters business confidenceA quarter of a million people could lose their jobs by the middle of next year as Britain âflirts with recessionâ, analysis suggests, after business confidence was shattered by the US-Israel war on Iran.As the chancellor, Rachel Reeves, summoned bank chiefs for talks aimed at containing the fallout, twin reports from top accounting firms underlined the scale of the economic threat facing the UK. Continue reading...
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 âno plans to participateâ 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 âthere are currently no plans to participate in the next round of Iran-US talksâ.Iran has reportedly rejected participation in a second round of peace talks with the US in Pakistan, citing âWashingtonâs excessive demands, unrealistic expectations, constant shifts in stance, repeated contradictions, and the ongoing naval blockade, which it considers a breach of the ceasefireâ, according to the official IRNA news agency.Hours before Iranâs 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 Trumpâs 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 âseveral roundsâ 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 âin violation of the US blockade.âThe US blockade of Iranâs ports is a violation of the ceasefire agreement and is âboth unlawful and criminalâ, Esmaeil Baqaei, a spokesperson for Iranâs 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...
Iranâs 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 âuntil US lifts blockadeâWelcome to our live coverage of events in the Middle East.Iranâs 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. âWe have had progress but there is still a big distance between us,â he told state media, referring to talks last weekend. âWe made progress in the negotiations, but there are many gaps and some fundamental points remain.âAfter 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 âhave agreed on the frameworkâ.Iranâs supreme national security council, the countryâs highest decision-making body under the supreme leader, said it is reviewing ânew proposalsâ 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 ânon-state actorsâ, 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 ânot in my interest at allâ 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 Iranâs re-closure of the strait of Hormuz in response to the US blockade of Iranian ports. 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 âcompletely openâ to commercial vessels as oil prices fallBritain will make âa wide-ranging military contributionâ to an international mission to protect shipping in the strait of Hormuz trade waterway, the UK ambassador to the US has said.Christian Turnerâs commitment comes amid long-running concerns over the state of Britainâs armed forces and warnings of under-funding. Continue reading...
AntĂłnio Guterres welcomes truce and says through spokesperson he hopes halt in fighting will âpave the way for negotiationsâHello and welcome to our live coverage of events in the Middle East.United Nations chief AntĂłnio Guterres has welcomed the ceasefire announced on Thursday between Israel and Lebanon, urging âall actorsâ 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 âfor meaningful talksâ 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. Hereâs our report.Netanyahu called it a âhistoricâ opportunity for peace, though he refused to withdraw his troops from southern Lebanon during the pause in fighting. âWe are remaining in Lebanon in an expanded security zone,â he said, due to the âdanger of an invasionâ and to prevent fire into Israel. âThat is where we are, and we are not leaving.â 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 â about 30km from the border â while Lebanon demands the complete withdrawal of Israeli forces and for displaced residents to be able to return to their homes.Iranâs 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 âfrom the outsetâ the need for a âsimultaneous ceasefire throughout the region, including Lebanonâ, and expressed his âsolidarityâ with the people and government of Lebanon. He called for the return of displaced residents to their homes and emphasised the necessity of the âcomplete withdrawalâ of Israeli forces from the south of the country â which, as mentioned, Israel has refused to do.The Lebanese army urged residents to âexercise restraintâ 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 Israelâs history of âbreaking covenants and agreementsâ.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 âoverwhelmâ 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 countriesâ first face-to-face diplomatic negotiations in decades.Pakistanâs army chief met with Iranâs 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 âvery close to overâ.Leavitt said a second round of US-Iran talks would âvery likelyâ take place in Islamabad again and that Pakistan was âthe only mediatorâ in the discussions.Major Wall Street stock indices extended an upward climb on optimism about a US-Iran agreement.Israelâs 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 âoverwhelmâ 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 militaryâs 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 âcoordinated emergency supportâ from the IMF and World Bank to help countries hit by disruptions from the Middle East war. Continue reading...
US military boasts blockade of the strait of Hormuz will incapacitate Iranâs economy; Trump says negotiations could return to PakistanUS-Iran peace talks could resume in next two days, Trump saysWelcome to the Guardianâs 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 Iranâs 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.âDonald 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. âSomething could be happening over the next two days, and weâre more inclined to go there,â Trump was quoted as saying.US secretary of state Marco Rubio said Israel-Lebanon talks in Washington on Tuesday were a âhistoric opportunityâ. He said that while every complexity would not be resolved immediately, he hoped the parties would begin to move forward.Lebanonâs president expressed hope that direct talks would lead to an end to his countryâs âsufferingâ after war erupted again between Israel and Hezbollah last month. âI 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,â president Joseph Aoun said in a statement, adding that âstability will not return to the south if Israel continues to occupy its landsâ.Lebanonâs top envoy to the US said the high-level diplomatic engagement between her country and Israel was âconstructive,â but urged an end to the ongoing conflict between Israel and Iran-backed Hezbollah militants that has displaced thousands of Lebanese. After participating in Tuesdayâs talks with Rubio and Israelâs ambassador to the US, Nada Hamadeh Moawad said she had âunderscored the need to preserve our territorial integrity and state sovereigntyâ.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: âThe summit will advance work towards a coordinated, independent, multinational plan to safeguard international shipping once the conflict ends.âTrump criticised Italian prime minister Giorgia Meloni, a political ally, in an interview published on Tuesday for her unwillingness to help in the Iran war. âIâm shocked at her. I thought she had courage, but I was wrong,â he told Italian daily Corriere della Sera.Foreign ministers from Saudi Arabia, Pakistan and Egypt will meet Turkeyâs top diplomat this week for talks on regional matters, a ministry source told AFP on Tuesday. âThis is the third meeting of the four countries to discuss regional affairs, not specifically Hormuz,â 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 âwith simultaneous rocket salvosâ 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...
⢠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.
As Persian Gulf carriers reduce routes, the Australian airline is also feeling the impact of rising fuel costsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastQantas has lifted fares and cut domestic flights amid a surge in travel demand away from airlines that transit through the troubled Middle East.The Australian airline says it has redeployed capacity from its US and domestic network to take advantage of the strong interest in Europe-bound travel â in particular to Paris and Rome â according to a market update released on Tuesday. Continue reading...
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 Hezbollahâs 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 Trumpâs blockade would apply to all ship traffic, regardless of the vesselâs 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. âWe canât let a country blackmail or extort the world,â he said at a last-minute press conference at the White House on Monday.After receiving a McDonaldâs delivery at the beginning of the presser, Trump invoked bellicose language in discussing Iran. âIran will not have a nuclear weapon, and weâre going to get the dust back. Weâll get it back, either weâll get it back from them, or weâll take it,â he said. At one point, when questioned about some sort of prior ultimatum regarding Iran, Trump said: âI donât want to comment on that but it wonât be pleasant.âTalks 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: âThere is continued engagement between the US and Iran and forward motion on trying to get an agreement.â 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 pontiffâs call for an end to the war. The president claimed the pope was trying to appease the âradical leftâ. The pope said he had âno intention to debateâ Trump over Iran but would continue to advocate for peace. US vice-president JD Vance urged the Vatican to âstick to matters of moralityâ. Continue reading...
Resolution Foundation says households face rising costs from higher bills for energy and filling upHigher energy prices as a result of the Iran war are likely to deal a blow to Britonsâ living standards, leaving them nearly ÂŁ500 worse off this year, a thinktank has warned.The Resolution Foundation said households faced rising costs from both higher gas and electricity bills and at the petrol pump. Continue reading...
Centcom says blockade of Iranian ports to begin at 10am ET; Iranâs negotiator says âwe will not bow to threatsâ; oil prices rise. Follow the latest newsFull report: Trump says US will blockade strait of Hormuz after Iran peace talks failPlaneloads of negotiators and too little time: US and Iranâs 21 hours of talksWelcome to the Guardianâs continuing coverage of the US-Israel war on Iran and its consequences for the wider region, the world and the global economy.Here are the main developments:Trump said the US Navy would start blockading the Hormuz strait and would also interdict every vessel in international waters that had paid a toll to Iran. In a lengthy post on his Truth Social platform, the president said the US was going to start âBLOCKADING any and all Ships trying to enter, or leave, the Strait of Hormuzâ.In another post Trump also claimed Iran had âknowingly failedâ to make good on its promise to open the strait, causing âanxietyâ and âpainâ for many countries around the world.US Central Command (Centcom) announced it would begin its blockade of the strait beginning Monday morning. âCentcom forces will begin implementing a blockade of all maritime traffic entering and exiting Iranian ports on April 13 at 10am ET [1400 GMT], in accordance with the presidentâs proclamation.âIranâs Revolutionary Guard warned that âapproaching military vessels to the strait of Hormuz is considered a violation of the ceasefireâ.Oil prices rose in early market trading after Trumpâs blockade announcement. The price of US crude oil rose 8% to $104.24 a barrel and Brent crude oil â the international standard â rose 7% to $102.29. Australiaâs share market dropped sharply on Monday morning.Donald Trump and his advisers are looking at resuming limited military strikes in Iran in addition to the US blockade of the strait of Hormuz, the Wall Street Journal is reporting, citing officials and people familiar with the situation.Trump launched a scathing attack on Pope Leo XIV, saying he was âweak on crime and terrible for foreign policyâ and was hurting the Catholic church. âLeo should get his act together as Pope,â the president said on Truth Social. The attack came after Leo denounced the âdelusion of omnipotenceâ as fuelling the US-Israel war in Iran and demanded political leaders stop and negotiate peace.Australian prime minister Anthony Albanese said his government had not been asked to participate in any US blockade of the strait of Hormuz and that he wanted to see negotiations between the US and Iran continue.Trump reiterated his threat to destroy Iranâs power plants and other civilian energy infrastructure if no deal was reached to end the war, which he started with Israel in what is widely seen as an illegal and unprovoked attack. âI could take out Iran in one day,â he told Fox News on Sunday.Trump also said the US didnât need the strait. âWe donât get our oil from there. We have so much oil,â he told Fox. âWe have boats pouring up to the United States ⌠We donât need the strait.âIranian parliamentary speaker Mohammad Bagher Ghalibaf, who led the Tehran side in the US talks, said Trumpâs new threats would have no effect on the Iranian nation. âIf you fight, we will fight, and if you come forward with logic, we will deal with logic. We will not bow to any threats.â He later taunted Trump on X, posting: âEnjoy the current pump figures. With the so-called âblockadeâ, Soon youâll be nostalgic for $4â$5 gas.â Continue reading...
Mohammad Baqer Qalibaf says âif you fight, we will fightâ, reports state media, as US president also threatens to bomb Iranâs water treatment facilitiesJD Vance and US delegation leave Pakistan after failing to reach deal with IranPlaneloads of negotiators and too little time: US and Iranâs 21 hours of talksA post about an hour ago on the Israel Defense Forces Telegram channel claimed that overnight, the IDF âidentified a rocket launcher positioned and ready to launch toward the State of Israel in the area of Jouaiyya in southern Lebanonâ.Shortly after the identification, the launcher was struck and dismantled in a rapid closure cycle, thwarting the launch before it could be carried out. Continue reading...
PM tells Guardian Australia Hezbollah should cease reprisals and confirms Australiaâs military surveillance aircraft will remain in regionGet our breaking news email, free app or daily news podcastAustraliaâs prime minister, Anthony Albanese, has urged Israel to stop its attacks on Lebanon and raised concern over its intensified military campaign on Beirut and the countryâs south after the ceasefire in the Middle East.Albanese also called on Hezbollah to cease attacks on Israel, reiterating his governmentâs belief that the Middle East ceasefire must include Lebanon. The prime minister also confirmed Australiaâs military surveillance aircraft would remain in the region for at least another month beyond its initial deployment. Continue reading...
US and Iranian media report peace talks have begun in Islamabad, while Netanyahu says Israel remains committed to fighting IranUS and Iran hold talks in Islamabad as Pakistan seeks to broker peace dealUS officials claim Iran unable to find mines it laid in strait of HormuzThe UK will host a strait of Hormuz meeting next week, bringing together multiple countries aiming to restore free movement of ships through the strait, which has been blockaded by Iran since the beginning of the war and inflicted heavy damage on the global economy.A British official told AP that the meeting will oppose the idea of tolls being charged for passage through the waterway, as proposed by Iran as part of ceasefire negotiations. Continue reading...
2015 nuclear deal negotiators say cutting off strait of Hormuz has shown Iran how it can âbalance asymmetry of powerâ with USMiddle East crisis â live updatesFormer US envoys who dealt with Iran have said that the US-Israeli attack on Iran and Tehranâs subsequent closure of the strait of Hormuz have given Iran new tools and resolve to resist pressure to shutter its nuclear programme.Two senior negotiators for the Joint Comprehensive Plan of Action (JCPOA), the Obama-era agreement to limit Iranâs nuclear uranium enrichment in exchange for sanctions relief, said that the Trump administrationâs war had handed Iran a coveted weapon by demonstrating its ability to cut off the strait of Hormuz, an economic chokehold that one negotiator said would help Iran âbalance the asymmetry of powerâ with the US. Continue reading...
Israel and Hezbollah continue to trade strikes as Trump tells US media he has asked Netanyahu to be more âlow-keyâ in Lebanon. Follow live newsNetanyahu says there is no ceasefire in Lebanon as Israel launches fresh strikesJapan plans to release 20 daysâ worth of oil reserves from May, prime minister Sanae Takaichi told a cabinet meeting on Friday, to ensure stable domestic supply as conflict in the region continues disrupts global supply.Japan is dependent on the Middle East for around 95% of its oil. It began releasing reserves on March 16 unilaterally and in coordination with other nations under a plan to make available enough oil to last 50 days. The new release of 20 days worth is additional. Continue reading...
⢠The Federal Open Market Committee met on March 17â18, 2026, noting uncertainty in the economic outlook with options markets pricing a 30% probability of rate hikes early next year.
⢠Broad equity indexes declined sharply while S&P 500 one-month volatility rose, driven by investor concerns over Middle East developments weakening confidence.
⢠Financing conditions stayed restrictive for households, small businesses, and commercial real estate due to high costs and tight underwriting, though corporate debt spreads remained narrow.
After suspending routes owing to Iran war, airline will operate more direct flights to India and KenyaMiddle East crisis â live updatesBritish Airways will offer a reduced flight schedule to the Middle East when it resumes services in July, and use the aircraft to operate more direct flights to India and Kenya.The airline has currently suspended services to the region because of the Iran war, and plans to resume flights to Saudi Arabiaâs capital Riyadh in mid-May, as well as services to Dubai, Doha and Tel Aviv on 1 July. It is cutting its Dubai flights from three-a-day to one daily flight, and reducing services to Doha, Tel Aviv and Riyadh from two to one a day. Continue reading...
Iran and mediator Pakistan assert ceasefire included Lebanon but Israel and US disagree. Plus, how Korean fried chicken took over the worldGood morning.The fate of the two-week ceasefire in the Iran conflict looked in peril 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 alleged Israeli ceasefire breach.What has Iran said? In a sharply worded statement, Iranâs parliament speaker, Mohammad Bagher Ghalibaf, said Israel and the US had violated several clauses of the provisional ceasefire, and he decried Israelâs aggressive bombing of Lebanon and a US demand that Iran should have no right to enrich its own uranium.This is a developing story. Follow our liveblog here.What was said in the video about Mamdani? The videos feature the organizationâs founder, Yisrael Yaacob Ben Avraham, describing Mamdani as a âMuslim terroristâ and a âcancerâ, and his election as a âharbingerâ of âa creeping Islamic takeover of Americaâ. Continue reading...
Information on drones and other threats being shared but defence chief confirms crew taking âactive stepsâ to only contribute to defensive actionsGet our breaking news email, free app or daily news podcastAustralian personnel operating a state-of-the-art surveillance plane are filtering information gleaned from the Middle East war to ensure intelligence is not shared with the United States for offensive purposes, the defence force chief says.As the federal government extended the deployment of the E-7 Wedgetail aircraft on Thursday, the chief of Defence, Admiral David Johnston, said the crew were taking active steps to only contribute to defensive operations. Continue reading...
Gas prices also increase, while global stock markets slip back after strong rally on WednesdayBusiness live â latest updatesOil and gas prices rose on Thursday and Asian stock markets retreated as the two-week ceasefire in Iran looked increasingly shaky, with Israel continuing attacks on Lebanon and the US and Iran threatening a return to military action.A day after the US and Iran announced an 11th-hour ceasefire, including an agreement to reopen the strait of Hormuz, many questions remain and there were signs that the truce was already being broken, causing jitters in the markets. Continue reading...