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A majority of Federal Reserve officials at their most recent meeting anticipated that interest rate increases would be necessary if the Iran war continued to aggravate inflation, according to minutes released Wednesday.Though the rate-setting Federal Open Market Committee again voted to keep its benchmark rate targe…
Iranians limited to the Islamic regime’s domestic websites are struggling with feelings of isolation and depression, particularly as the applications made available to them do not allow them to connect with relatives outside Iran, engage with entertainment, or properly carry out the research needed for their educati…
The United Arab Emirates has built nearly 50% of a second pipeline that will bypass the Strait of Hormuz, said the CEO of Abu Dhabi National Oil Co., or ADNOC, on Wednesday.
Cargo ships are seen at sea in the Gulf of Oman near the Strait of Hormuz, as viewed from a rocky shoreline near Khor Fakkan, United Arab Emirates, Friday, May 1, 2026.(AP Photo/Fatima Shbair)
TORONTO (AP) — Canadian miner Sherritt International Corp. has signed a non-binding agreement with Gillon Capital LLC, a family office linked to a former adviser of U.S. President Donald Trump, that would allow Gillon to buy a majority stake in the company as it navigates sanctions on its operations in Cuba.
Irish author Sally Rooney, whose stance in support of Palestine has earned international attention, has confirmed that her latest book Intermezzo will be published in Hebrew, causing mixed reactions on social media. A supporter of the Boycott, Divestment and Sanctions (BDS) movement for several years, Rooney first g…
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A tanker carrying crude oil from the United Arab Emirates is believed to have transited the Strait of Hormuz with its Automatic Identification System transponder turned off. © Reuters
President Donald Trump arrives for the commencement address at the U.S. Coast Guard Academy, in New London, Conn., Wednesday, May 20, 2026. (AP Photo/Jacquelyn Martin)
Grateful university students have told of their joy after returning to the UAE to take part in an emotional graduation ceremony more than two months after their campus closed due to the Iran war.
Iran’s Islamic Revolutionary Guard Corps (IRGC) has said it coordinated the transit of 26 vessels through the Strait of Hormuz in the past 24 hours, as talks between Washington and Tehran over the resumption of traffic through the narrow waterway remain stalled.
TEHRAN — Iran warned on Wednesday that the war in the Middle East would spread far beyond the region if the United States and Israel resumed their attacks, after US President Donald Trump threatened to strike again unless a deal is reached.
TEHRAN — Iran warned on Wednesday that the war in the Middle East would spread far beyond the region if the United States and Israel resumed their attacks, after US President Donald Trump threatened to strike again unless a deal is reached.
U.S. crude oil prices fell more than 4% on Wednesday after President Donald Trump said talks with Iran are in the final stages.
Oil prices fell about 5 per cent on Wednesday as US President Donald Trump's claimed that the Iran war would end “very quickly”.
Saudi Foreign Minister Faisal bin Farhan Al Saud said Riyadh welcomed US President Donald Trump’s decision to allow more time for negotiations with Iran.
The tanker crew gathered their courage and carefully navigated along a route designated by Iran, hugging the coastline and maneuvering their hulking vessel between island checkpoints through the Strait of Hormuz.
SEOUL — A South Korean oil tanker safely transited the Strait of Hormuz, the country's foreign ministry said Wednesday, marking the first passage by a South Korean vessel through the waterway since the Iran war began.
LONDON, United Kingdom — Oil prices slid and stock markets advanced Wednesday as Iran said it had allowed around two dozen ships to transit the Strait of Hormuz, easing concerns about the apparent impasse on ending the war in the Middle East.
Airstrike at the start of the war was aimed at freeing populist ex-president from house arrest, US newspaper claims
Oil futures are down bigly this morning following comments from President Trump that the war in Iran would be ended "very quickly," but investors remained uncertain about the potential for de-escalation.
At the end of April, US President Donald Trump predicted that Iran was days away from its oil fields and infrastructure "exploding", crediting a US blockade on Iranian port.
The Treasury Department building is pictured at dusk in Washington, June 6, 2019. (AP Photo/Patrick Semansky, File)
At the end of April, US President Donald Trump predicted that Iran was days away from its oil fields and infrastructure "exploding", crediting a US blockade on Iranian port.
Iran's parliament speaker Mohammad Bagher Ghalibaf has warned that the US's "overt and covert movements show that it is seeking a new round of war".
Una mujer maneja un fusil de asalto al estilo Kalashnikov durante una clase de entrenamiento de armas en Teherán, Irán, el martes 19 de mayo de 2026. (Foto AP/Vahid Salemi)
The UK has rolled back some sanctions on Russian oil, allowing imports of diesel and jet fuel made from Russian crude in third countries, as households and airlines grapple with a fuel price crisis driven by conflict in the Middle East.
The UK government has denied easing sanctions on Russia after coming under fire for issuing a temporary license allowing imports of Russian-origin diesel and jet fuel. London said the move was necessary to stabilize energy markets disrupted by the Middle East conflict.
Chinese President Xi Jinping hosted Russian President Vladimir Putin for a high-stakes summit on Wednesday, just days after wrapping up closely watched talks with Trump, which by all accounts failed to produce any Washington-Beijing breakthroughs.
One reason US policy in the Middle East has been so problematic is that policymakers refuse to consider its impact on the needs of most of the citizens of the Arab world.
US President Donald Trump postponed a planned attack on Iran this week after being warned by Gulf allies and his own officials not to resume the war during the Hajj pilgrimage, Middle East Eye can reveal.
The United States has imposed sanctions on four activists involved in flotilla missions seeking to break Israel’s 19-year siege on Gaza, home to 2.3 million people, most of them displaced by Israel’s genocidal war on the enclave.
Iran's IRGC says it has permitted 26 ships to cross the Strait of Hormuz in the last 24 hours.
Ali Vaez, director of the Iran Project at the International Crisis Group, has summed up where things stand: "Since the ceasefire came into effect, both Washington and Tehran appear to be operating under the illusion that time is on their side," he said. "Each seems to believe that the blockade and counter-blockade i…
The weapon displays reflect the genuine threat Iran faces but also provide rare entertainment at a time of great uncertainty
The weapon displays reflect the genuine threat Iran faces but also provide rare entertainment at a time of great uncertainty
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A vessel operated by a South Korean shipping company has successfully passed through the Strait of Hormuz, Seoul's foreign ministry said Wednesday, marking the first such case since the outbreak of the US-Iran war.
Iran’s former president, Mahmoud Ahmadinejad, is back in the news in a way few would have predicted. The New York Times reported that an early war goal of the Israel and US strikes on Iran on February 28 was to create a kind of regime transition and have Ahmadinejad return to lead Iran. How this would have happened …
The Pentagon has once again refused to admit responsibility for a strike on an Iranian school that killed more than 170 people, most of them children, despite pressure from US lawmakers.
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UK inventories of diesel and jet fuel are set to shrink to their lowest since 2023 this month
UK inventories of diesel and jet fuel are set to shrink to their lowest since 2023 this month
The warning was issued as President Trump and Vice President JD Vance say progress is being made toward a deal, while keeping open the threat of renewed strikes.
The United Arab Emirates has spent two decades trying to escape the ordinary fate of small states through the network power of hyper-connectivity.
The United Kingdom government said it had eased sanctions on imports of Russian jet fuel and diesel refined in third countries, amid soaring fuel prices caused by the Iran war and prolonged closure of the Strait of Hormuz.
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LONDON — Keir Starmer is facing criticism from leadership rivals and opposition parties over his government’s decision to ease santions on jet fuel and diesel made with Russian crude oil.
The United States and Israel went into war on Iran intending to replace the regime’s leadership with hardline former President Mahmoud Ahmadinejad, The New York Times reported.
(2nd LD) Trump arrives in Beijing for summit talks with Xi on trade, Iran, Taiwan, other topics
