US sanctions target firms tied to Iran drone supply network
The US Treasury Department has imposed sanctions on 10 individuals and companies accused of helping Iran’s military obtain weapons and materials used in the production of Shahed drones.
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The US Treasury Department has imposed sanctions on 10 individuals and companies accused of helping Iran’s military obtain weapons and materials used in the production of Shahed drones.
WASHINGTON — An ugly internal power struggle in Iran is muddying mediation talks with the US, as pro-war and pro-deal factions battle it out over whether Tehran should ever surrender, sources familiar with mediation efforts tell The Post.
The US military has struck two empty Iranian-flagged oil tankers, US Central Command says, adding that a third Iranian-flagged vessel had been disabled on Wednesday.
Conservative: Israelis a Literary ‘Crime’?
Yesterday when discussing China's unexpected flip-flopping on its decision to order local banks to ignore the latest US sanctions on Chinese, followed days later by a demand that they pause loans to sanctions refiners, we highlighted something remarkable: in the aftermath of the Strait of Hormuz blockade, which thro…
A woman carries a girl on a bicycle in Havana, Cuba, Friday, May 8, 2026. (AP Photo/Ramon Espinosa)
Mohammad Mokhber, an adviser to Iran’s supreme leader, has compared control of the Strait of Hormuz to the power of a nuclear weapon, highlighting the waterway’s global significance.
A $5 price tag at gasoline pumps is looking like more of a possibility, according to JPMorgan analysts.
Geopolitical risks and the oil shock from the Iran war were cited as the two biggest concerns facing the US financial system, according to a new Federal Reserve report.
Property News: Australia's most expensive streets, and how much it costs to live in them.
Oil is oozing through the ocean near Kharg Island in the Strait of Hormuz, according to satellite photos released Friday, raising questions about the state of Iran’s central energy production hub located there.
An LNG tanker docks at Futtsu, Japan, in February. A tanker that recently passed through the Strait of Hormuz is due to land at the port city. (Photo by Rie Ishii)
An apparent large oil spill spanning dozens of square miles of sea has been spotted off of Iran's main oil hub of Kharg Island, according to open source satellite imagery and reporting in both the NY Times and Reuters on Friday.
Even before the war in Iran, Qatari media outlets faced a structural dilemma: how to consistently cover events with a pro-Islamist bias while simultaneously maintaining a facade of balanced and credible journalism.
Six months before his assassination in Tehran, Hamas political bureau head Ismail Haniyeh explained the goals of the Oct. 7 attack in a dramatically clear manner.
WASHINGTON, May 8 (Yonhap) -- The United States expects Iran to respond to its proposals to end hostilities on Friday, U.S. Secretary of State Marco Rubio said, noting that Tehran's "fractured" and "dysfunctional" system might impede its decision-making.
Toyota expects a sharp decline in profit as rising material and shipping costs tied to the Iran conflict pressure its business, according to Bloomberg.
The Pentagon said the U.S. military launched “self-defense strikes” on Iranian targets on Thursday after “unprovoked” attacks from the Islamic republic on U.S. Navy vessels passing through the Strait of Hormuz.
Despite Trump's disdain for his allies, the significant damage to US bases and military assets in the Middle East that are increasingly being reported means his military's physical options now seem more constrained. (Reuters: Eduardo Munoz)
Iranian President Masoud Pezeshkian has said Tehran will continue to pursue “friendly relations” with other countries based on mutual respect, while rejecting what he described as colonial practices.
US attacks on Iranian oil tankers were a “violation of the ceasefire and American terrorism,” said an Iranian military source, according to a report by semi-official Tasnim News.
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Rubio says Washington is awaiting Iran’s response to a new US proposal to end the conflict in the region
Rubio says Washington is awaiting Iran’s response to a new US proposal to end the conflict in the region
WASHINGTON, May 8 (Yonhap) -- U.S. Secretary of State Marco Rubio on Friday raised questions about allies' lack of support for the United States' military efforts to address Iran's nuclear ambitions and reopen the crucial Strait of Hormuz.
Opinion editor Sulaiman Hakemy explains how six land routes between Pakistani ports and Iran bypass America's blockade
Secondary school students wave the Kuwaiti flag as they gather in the grounds of the Fajr al-Sabah School to attend in-person classes in Kuwait City on May 3, 2026. High school students resumed in-person classes after a suspension of more than two months following military strikes launched by the US and Israel again…
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I have travelled to the UAE countless times, in various capacities – privately, as Austria’s foreign minister and later as my country’s chancellor. In recent years, I have spent about one week per month here, even establishing an office in Abu Dhabi. In many ways, it has become a second home.
WASHINGTON — America’s employers delivered a surprising 115,000 new jobs last month despite an economic shock from the Iran war.
A suspected oil spill covering dozens of square kilometers of sea near Iran's main oil hub of Kharg Island has been seen on satellite imagery this week.
Washington joined Israel’s war against Iran despite intelligence assessments that the Islamic Republic was not developing nuclear weapons, US President Donald Trump’s former counterterrorism chief, Joe Kent, has said.
Washington joined Israel’s war against Iran despite intelligence assessments that the Islamic Republic was not developing nuclear weapons, US President Donald Trump’s former counterterrorism chief, Joe Kent, has said.
Iran’s Foreign Ministry spokesperson, Esmail Baghaei, has condemned recent US military action against Iranian vessels in the Strait of Hormuz, warning against what he described as escalating behaviour.
Iranian Foreign Minister Abbas Araghchi has pushed back against US actions, saying Tehran will not yield under pressure as tensions continue to mount.
Small and midsize Japanese manufacturers face a grim earnings outlook. (Photo by Kotaro Igarashi)
FIRST, we got hit by a double whammy of Covid-19 and Pharmally. Second, we reel from the spillover ravages of the Iran war after waking up to find flood control grafters had robbed us of our taxes. Both pairs of calamities sank the economy to new lows that left everyone worse off, especially the poor. All disasters,…
DIESEL prices will go down, while gasoline prices could rise next week, mostly due to the global market reacting to a possible ceasefire between the US and Iran, local oil industry sources said on Friday.
Iranian women walk past American artist Roy Lichtenstein’s “Brattata” as they visit an exhibition called: “Art & war” displaying some artworks of American pop artists at the Tehran Museum of Contemporary Art in Iran, Thursday, May 7, 2026. (AP Photo/Vahid Salemi)
Belying the Trump administration's claims that a US blockade on Iran's use of the Strait of Hormuz has the country on the ropes and its oil infrastructure in near-term peril, a confidential CIA analysis says Iran can persevere another three or four months, if not longer. In a second stark contradiction of White Hous…
ARCHIVO – Un buscador de empleo espera para hablar con un reclutador en una feria de empleo, el 28 de agosto de 2025, en Sunrise, Florida. (AP Foto/Marta Lavandier, Archivo)
US forces disabled two Iranian-flagged oil tankers attempting to violate the US blockade by firing precision munitions into their smokestacks, US Central Command (CENTCOM) announced on Friday.
Three Iranian oil tankers have bypassed what US President Donald Trump has called a naval “wall of steel” in the Strait of Hormuz and reached Iranian ports through Pakistani waters over the past two days, Tehran’s IRNA state news agency reported on Friday, citing maritime tracking data.
Three Iranian oil tankers have bypassed what US President Donald Trump has called a naval “wall of steel” in the Strait of Hormuz and reached Iranian ports through Pakistani waters over the past two days, Tehran’s IRNA state news agency reported on Friday, citing maritime tracking data.
Kamala Harris needed her mouth washed out with soap after delivering a profane assessment of the war in Iran during an appearance in Las Vegas Thursday.
WASHINGTON — US Secretary of State Marco Rubio said Washington was expecting a response from Iran on Friday to US proposals for a deal to end the conflict.
The U.S. military said it struck two Iran-flagged unladen oil tankers in the Gulf of Oman on Friday, preventing the vessels from entering an Iranian port in violation of a U.S. naval blockade.
Iran's Foreign Minister Abbas Araghchi has accused the US of opting for a "reckless military adventure" every time a "diplomatic solution is on the table".
President Ferdinand R. Marcos Jr. says Asean calls for an immediate end to hostilities in the Middle East, stressing that peace remains the bloc’s central appeal amid ongoing conflict involving Iran, Israel, and the United States. Speaking at the press conference during the 48th Asean Summit in Cebu on May 8, 2026, …
WASHINGTON — The US military launched a new series of airstrikes Friday, targeting a group of empty tankers in the Strait of Hormuz that were trying to barrel through the blockade of Iranian ports, according to Fox News.