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SEOUL, May 19 (Yonhap) -- South Korea and Iran continue to hold close and serious consultations regarding a recent attack on a South Korean-operated vessel in the Strait of Hormuz, Seoul's foreign ministry said Tuesday, vowing to take "necessary measures" once the results of an ongoing investigation become available.
The federal government’s tax changes will combine with higher interest rates to take steam out of the nation’s housing market, the Reserve Bank’s chief economist has signalled, while warning that businesses are likely to keep lifting prices as the war against Iran drags on.
The U.S Department of the Treasury on Monday announced a 30-day extension of a sanctions waiver that allows countries to purchase Russian seaborne oil, as the conflict in the Middle East continues to roil energy markets.
Iran escalated domestic repression during the US-Israeli military campaign, arresting more than 4,000 people, executing dozens and reducing internet access to near zero, a US-based human rights group has said.
United States President Donald Trump said he postponed a planned attack on Iran after requests from the leaders of Qatar, Saudi Arabia and the United Arab Emirates, adding that “serious negotiations are now taking place” behind the scenes.
El paisaje de Dubái, Emiratos Árabes Unidos, el 11 de marzo de 2026, con el Burj Khalifa en el centro. (AP Foto/Fatima Shbair, Archivo)
Putin’s trip is widely seen as a move to boost the nations’ energy relationship as the Iran war disrupts global supply
Putin’s trip is widely seen as a move to boost the nations’ energy relationship as the Iran war disrupts global supply
The number of UK job vacancies has fallen to its lowest level in five years and unemployment has ticked higher as the initial impact of the Iran war on businesses starts to be seen.
Syria has welcomed the EU's decision to lift sanctions on seven Syrian government entities, including the Interior and Defence Ministries.
Iranian foreign minister Abbas Araghchi said the “contradictory and excessive behaviours” of the United States remain a serious obstacle to diplomacy, according to Iran’s ISNA news agency.
A drone strike targeted the United Arab Emirates’ sole nuclear power plant on Sunday, sparking a fire on its perimeter. There were no reports of injuries or radiological release, but it highlighted the risk of renewed war as the Iran ceasefire remains tenuous.
Last Saturday, Mohammad Baqer Saad Dawood Al Saadi appeared in a New York federal court on six counts of providing material support to designated foreign terrorist organisations and conspiring to bomb a place of public use.
Iran does not intend to "surrender" as it enters into diplomatic dialogue with the Unietd States, Iranian President Masoud Pezeshkian said in a Twitter/X post on Monday.
El presidente de Estados Unidos, Donald Trump, baja por las escaleras del Air Force One a su llegada a la Base Conjunta Andrews, Maryland, el viernes 15 de mayo de 2026. (AP Foto/Luis M. Alvarez)
In today’s episode of Trending Middle East, US President Donald Trump says he delayed planned military strikes on Iran after appeals from Gulf leaders to allow more time for negotiations.
Washington: Donald Trump said he was holding off on a planned attack on Iran at the request of US Gulf allies, and talked up the prospects of an imminent deal to end the war, saying it was different to previous stalled peace efforts.
LONDON — European stocks are expected to open in mixed territory on Tuesday as traders assess the geopolitical landscape and developments in the Middle East.
The AI rally continued this earnings season. But companies building the underlying hardware powering the boom warned that the Iran war is putting pressure on their supply chains and profitability.
President Donald Trump walks down the stairs of Air Force One upon his arrival at Joint Base Andrews, Md., Friday, May 15, 2026. (AP Photo/Luis M. Alvarez)
A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Monday, May 18, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
The Washington Post reported, citing a Pakistani official, that Iran wants the war to end before any announcement of a nuclear agreement is made.
The New York Times reported that Iran is embedding missiles beneath mountains and revising its military tactics in preparation for a possible new phase of confrontation.
Australian Prime Minister Anthony Albanese said the government has secured three shipments of jet fuel totalling more than 600,000 barrels, or about 100 million litres.
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Latest updatesIran war latest: Trump says Gulf allies persuaded him to call off planned attack against Iran
As fuel prices have climbed amid the conflict with Iran, airfares have followed. Meanwhile, with more people facing a cost of living crisis, the rates for hotels, experiences and even airport sandwiches seemingly creep up every time you look. This means that for many the idea of travelling in 2026 feels like a luxur…
The first attack targeting an Arab nuclear site has sent a symbolic warning to the United Arab Emirates and its allies, even as Iran and the US remain in negotiations to end the Middle East war, analysts say.
Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of the CNBC Daily Open.
PARIS (Reuters) -- US Treasury Secretary Scott Bessent on Monday announced another 30-day extension of a sanctions waiver allowing purchases of Russian seaborne oil to aid "energy-vulnerable" countries hit by the Iran war, reversing plans not to grant an extension.
President says he has instructed US military to be ready for ‘a full, large scale assault of Iran, on a moment’s notice’ – key US politics stories from Monday 18 May
Oil prices fell Tuesday after U.S. President Donald Trump said he would postpone a planned military strike on Iran following requests from key Middle Eastern leaders, easing fears of an imminent escalation that could disrupt global crude supplies.
Mohsen Rezaei, a member of Iran’s Expediency Council, issued a response after US President Donald Trump said he had delayed a planned military strike on Iran.
President Lee Jae Myung was set to hold a bilateral summit Tuesday with Japanese Prime Minister Sanae Takaichi in his hometown of Andong that is expected to cover a wide range of bilateral and regional issues, including North Korea and the prolonged US-Iran war in the Middle East.
This is AI generated summarization, which may have errors. For context, always refer to the full article.
US President Donald Trump said Monday he has instructed the US military not to launch an attack on Iran, planned for Tuesday, following requests from the leaders of Saudi Arabia, the United Arab Emirates and Qatar.
El secretario del Tesoro de Estados Unidos, Scott Bessent, habla con reporteros después de una reunión con la primera ministra de Japón, Sanae Takaichi, el martes 12 de mayo de 2026, en Tokio. (AP Foto/Eugene Hoshiko, Pool)
SEOUL, May 19 (Yonhap) -- President Lee Jae Myung was set to hold a bilateral summit Tuesday with Japanese Prime Minister Sanae Takaichi in his hometown of Andong that is expected to cover a wide range of bilateral and regional issues, including North Korea and the prolonged U.S.-Iran war in the Middle East.
Few had heard of the crude oil-derived chemical until recently, but shortages caused by the blockade of the strait of Hormuz have led to a spike in concern
Asia-Pacific markets were set to open broadly higher Tuesday as oil prices, while elevated, eased slightly following news that President Donald Trump was postponing a scheduled attack on Iran.
Despite a near-halt in daily Hormuz traffic, Bloomberg reports that almost all large non-Iranian tankers that have entered the Persian Gulf during the war appear to have successfully exited with a cargo, underscoring the emergence of a small group of shipowners willing to risk crossing the Strait of Hormuz.
A US foreign policy analyst has said Washington’s stance on Iran is undermining prospects for a diplomatic agreement.
US President Donald Trump has postponed what he described as a planned “very major attack” on Iran, saying Gulf leaders had asked Washington to give negotiations with Tehran another “two or three days.”
US President Donald Trump has postponed what he described as a “very major attack” on Iran, saying Gulf leaders had asked Washington to give negotiations with Tehran another “two or three days.”
A senior Iranian military commander has issued a stark warning to the United States and its allies, cautioning against any renewed escalation.
Iran is allegedly ready to hand over its highly enriched uranium stockpile to Russia, the Saudi news broadcaster Al Hadath has reported. The idea was floated as part of the latest peace proposal Tehran sent to the US via Pakistan, the outlet said on Monday, citing a leaked document it had obtained.
Iran is allegedly ready to hand over its highly enriched uranium stockpile to Russia, the Saudi news broadcaster Al Hadath has reported. The idea was floated as part of the latest peace proposal Tehran sent to the US via Pakistan, the outlet said on Monday, citing a leaked document it had obtained.
A company owned by Indian billionaire Gautam Adani will pay $275m to resolve a US investigation into alleged breaches of sanctions on Iran, the Treasury Department said.
A foreign policy analyst has challenged Donald Trump’s portrayal of control over the Iran crisis, warning that escalation risks backfiring on the United States.