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WASHINGTON (AP) -- The Trump administration's approach to the Iran war over the past 24 hours has pinballed from declarations that a tenuous ceasefire was holding and military operations were over to new threats of bombing the Islamic Republic.
The UAE has condemned a statement by the Iranian Foreign Ministry and reaffirmed its rejection of threats against its sovereignty, national security and independent decision-making.
The Iran war appears to have supercharged the clean energy transition, providing a catalyst for wind power giants as countries reassess the role of renewables in shoring up energy security.
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Philippine Foreign Affairs Secretary Theresa Lazaro opens an ASEAN foreign ministers meeting on May 7 in Cebu, ahead of the bloc's 48th summit the next day. © Reuters
Iran has formally denied any involvement in an explosion that hit a South Korean cargo ship in the Strait of Hormuz earlier this week.
Varias personas caminan en Tokio frente a una pantalla electrónica que muestra el índice Nikkei de Japón en una correduría de valores el jueves 7 de mayo de 2026. (AP Foto/Eugene Hoshiko)
Readers discuss the imperative of dialogue to end the Iran war, the growth and diversity of Chinese products and Hong Kong’s efforts to deter smoking
Readers discuss the imperative of dialogue to end the Iran war, the growth and diversity of Chinese products and Hong Kong’s efforts to deter smoking
Global demand for gold jewellery fell in the first quarter of 2026, tumbling from record highs as the precious metal comes under pressure amid uncertainty caused by the Iran war.
Iran will control the Strait of Hormuz “forever”, regardless of what a peace deal between the US and the Islamic Republic says, forcing Gulf states to build new pipelines to bypass Iran’s chokehold, a former senior US official said on Tuesday.
SEOUL, May 7 (Yonhap) -- South Korean stocks narrowed gains late Thursday morning as investors hunted for profits following a record-breaking rally amid rising optimism for an end to the U.S.-Iran war.
NEW YORK (AP) — With hundreds of vessels still stuck in the Persian Gulf and costs piling up, shipping companies are being whipsawed by uncertainty over how and when the Strait of Hormuz might reopen more than two months into the Iran war.
The State of Israel is in one of the most tense periods in its history. While the Ministry of Defense's air and naval convoys are pumping in weapons at an unprecedented pace and eyes are fixed on Tehran, Brigadier General (res.) Prof. Yaakov Nagel sat down for an open conversation with Maariv's military corresponden…
NEW YORK — Oil prices sank Wednesday, and stock markets rallied worldwide with hopes that the United States and Iran are nearing a deal to allow ships to deliver crude from the Persian Gulf once again to their customers.
Jeepney drivers gather to receive government cash aid in Manila on April 16. Transportation workers are among those hit hardest by soaring fuel prices in the Philippines, which imports 98% of its oil needs. © Reuters
Jeepney drivers gather to receive government cash aid in Manila on April 16. Transportation workers are among those hit hardest by soaring fuel prices in the Philippines, which imports 98% of its oil needs. © Reuters
Concerns in Japan are also mounting over the security ties between Japan and the US as Trump seeks to withdraw more troops from Europe
Concerns in Japan are also mounting over the security ties between Japan and the US as Trump seeks to withdraw more troops from Europe
Iranian airstrikes have damaged or destroyed at least 228 structures or pieces of equipment at US military sites across the Middle East since the war began, hitting hangars, barracks, fuel depots, aircraft and key radar, communications and air defence equipment, according to a Washington Post analysis of satellite i…
Trader Joseph Stevens, left, works on the floor of the New York Stock Exchange, Tuesday, May 5, 2026. (AP Photo/Richard Drew)
Oil prices rose Thursday in volatile trading as investors continue to assess the latest developments in the Middle East amid concerns over renewed tensions between Iran and the U.S.
El ministro de Relaciones Exteriores de Bolivia, Fernando Hugo Aramayo (a la izquierda), y su homólogo chileno, Francisco Pérez Mackenna, se dan la mano para posar en una foto tras una reunión celebrada en La Paz, Bolivia, el jueves 23 de abril de 2026. (Foto AP/Juan Karita)
This is AI generated summarization, which may have errors. For context, always refer to the full article.
This is AI generated summarization, which may have errors. For context, always refer to the full article.
This is AI generated summarization, which may have errors. For context, always refer to the full article.
(ATTN: UPDATES with latest figures, info in paras 2-3; ADDS more info from para 9, new photo)
South Korean stocks opened at a fresh record high Thursday after a more than 6 percent rally the previous session, driven by simmering signs of a peace deal between the United States and Iran, and an extended advance in chipmakers.
SEOUL, May 7 (Yonhap) -- South Korean stocks opened at a fresh record high Thursday after a more than 6 percent rally the previous session, driven by simmering signs of a peace deal between the United States and Iran, and an extended advance in chipmakers.
(2nd LD) Seoul shares shoot up nearly 6.5 pct to over 7,300 on chip rally, Mideast hopes; won rises
Asia-Pacific markets were set to open higher Thursday, shrugging off renewed tensions in the Middle East after President Donald Trump warned Iran would be bombed "at a much higher level" if it failed to agree to a peace deal.
The US military has fired on and disabled an Iranian-flagged oil tanker in the Gulf of Oman after President Donald Trump threatened to resume the bombing campaign unless Tehran agrees to end the war on Washington’s terms.
The US military has fired on and disabled an Iranian-flagged oil tanker in the Gulf of Oman after President Donald Trump threatened to resume the bombing campaign unless Tehran agrees to end the war on Washington’s terms.
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Iran says a US proposal to end the war is "still being considered", after reports the two sides could be close to an agreement.
United States President Donald Trump says he has had “very good talks” with Iran over the past 24 hours and it is “very possible that we will make a deal”, as Tehran reviews a US peace proposal that sources said would formally end the war.
Iran will control the Strait of Hormuz “forever”, regardless of what a peace deal between the US and the Islamic Republic says, forcing Gulf states to build new pipelines to bypass Iran’s chokehold, a former senior US official said on Tuesday.
Una persona le echa gasolina a su carro en Aurora, Oregon, el 7 de abril del 2026. (AP foto/Jenny Kane)
Keep independent journalism alive
Recent international news has been dominated by the Iran war, particularly by the provocative statements of US President Donald Trump, making it difficult to shake off a sense of gloom. Against this backdrop, it was refreshing to encounter a piece of news that felt almost uplifting, especially as it came from King C…
El presidente de Estados Unidos, Donald Trump, acompañado por el secretario de Defesa Pete Hegseth y el presidente del Estado Mayor Conjunto, el general Dan Caine, habla con reporteros en la sala de prensa James Brady de la Casa Blanca, el lunes 6 de abril de 2026, en Washington. (AP Foto/Julia Demaree Nikhinson)
Poland's Deputy Prime Minister Radoslaw Sikorski speaks beside a Shahed-136 drone during an event organized by United Against Nuclear Iran (UANI) in the Houses of Parliament in London on Oct. 14, 2025. © Reuters
WASHINGTON — The US military fired on an Iranian oil tanker Wednesday as President Donald Trump sought to pressure Tehran into reaching a deal to end the war. The Islamic Republic said it was reviewing the latest American proposals.
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US President Donald Trump announced he is pausing ‘Project Freedom’, the US effort to guide stranded vessels out of the Strait of Hormuz, so he can finalise a deal with Iran, but added that his blockade of Iranian ports would remain in place.
(ATTN: CHANGES headline, lead; UPDATES throughout; ADDS photo)By Song Sang-ho
Experts are dubious that time will work in Mr. Trump’s favor. The United States “can certainly do more damage to the Iranian economy, but they have withstood more pressure than any other economy in history, and that hasn’t produced the collapse of the regime or more reasonable positions,” said Suzanne Maloney, an Ir…
Jet fuel shortages threaten to disrupt summer travel as the loss of supplies from the Middle East ripples across Asia and Europe.