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United States President Donald Trump’s national security team is reviewing an Iranian proposal aimed at halting its joint war with Israel, reopening the Strait of Hormuz and delaying negotiations over Tehran’s nuclear programme until after the war ends.
US Secretary of State Marco Rubio has accused Iran of using the Strait of Hormuz as an “economic nuclear weapon,” stressing that Washington will not accept the reopening of the waterway on Tehran’s terms and postponing talks on its nuclear program.
Dubai/Washington: US President Donald Trump is unhappy with the latest Iranian proposal on resolving the two-month war, a US official said, dampening hopes for a resolution to the conflict that has disrupted energy supplies, fuelled inflation and killed thousands.
United States President Donald Trump’s national security team is reviewing an Iranian peace proposal aimed at halting the war and reopening the Strait of Hormuz. The plan comes as Washington weighs its next steps, including delaying talks on Iran’s nuclear programme.
Energy company hails ‘exceptional’ contribution of oil trading operations as profits hit $3.2bn in the first quarter
Bloomberg reported that satellite images show multiple Iranian oil tankers gathering near the port of Chabahar, outside the Strait of Hormuz.
BP's profits for the first three months of the year have more than doubled following a surge in oil prices since the beginning of the Iran war.
Russia’s defence minister Andrei Belousov said Moscow and Iran would continue to support each other “under any circumstances” during talks with Iranian defence official Reza Talaei-Nik, according to Press TV.
Britain's King Charles will address the US Congress on Tuesday with a message of unity between the United Kingdom and the United States, promoting the "special relationship" at a time of differences between the British government and President Donald Trump over the war with Iran.
New Zealand’s military said a surveillance aircraft observed what it suspected was North Korea breaking international sanctions in a “possible ship-to-ship transfer of illicit goods”, while conducting monitoring over the Yellow Sea and East China Sea.
British energy major BP on Tuesday reported stronger-than-expected first-quarter profit, following a surge in oil and gas prices driven by the Middle East conflict.
Iran’s foreign ministry spokesman Esmail Baghaei criticised the European Union, saying its sanctions reflect “double standards” and “hypocrisy”, and were “never about human rights” but instead harm ordinary citizens.
Geopolitical analyst Giorgio Cafiero said a diplomatic solution between the United States and Iran would require greater flexibility from Washington on uranium enrichment levels.
Chinese economy is grappling with weak domestic demand, a prolonged property downturn and rising external risks
Chinese economy is grappling with weak domestic demand, a prolonged property downturn and rising external risks
South Korea is expected to secure up to 90 percent of pre-Iran war naphtha supplies for May, the industry ministry said Tuesday, adding that major petrochemical companies are expanding their plant operations in line with inbound supplies.
Two regional officials say that Iran has offered to end its chokehold on the Strait of Hormuz in exchange for the U.S. lifting its blockade on the country and an end to the war. A standoff remains on the strait, the narrow mouth of the Persian Gulf through which a fifth of all traded oil and natural gas passes, as I…
In today’s episode of Trending Middle East, Dr Anwar Gargash said Gulf efforts to contain Iran have failed, warning the region must prepare for a long-term threat from Tehran.
US President Donald Trump is unhappy with the latest Iranian proposal on resolving the two-month war, a US official said, dampening hopes for a resolution to the conflict that has disrupted energy supplies, fueled inflation, and killed thousands.
A super-yacht linked to sanctioned Russian billionaire Alexey Mordashov sailed through the Strait of Hormuz on Saturday, shipping data showed, one of very few vessels to transit the blockaded shipping lane at the heart of the US-Iran conflict.
LONDON — European stocks are expected to open higher on Tuesday as investors await Washington's response to Iranian peace proposals and look ahead to earnings reports from several regional companies.
Two regional officials say that Iran has offered to end its chokehold on the Strait of Hormuz in exchange for the U.S. lifting its blockade on the country and an end to the war. A standoff remains on the strait, the narrow mouth of the Persian Gulf through which a fifth of all traded oil and natural gas passes, as I…
Oil prices are continuing to climb despite Iran’s proposal to end its effective blockade of the Strait of Hormuz in exchange for deferring nuclear negotiations with the United States.
The Wall Street Journal, citing data from Kpler, reported that Iranian oil shipments have fallen sharply as the blockade of the Strait of Hormuz disrupts exports.
The battle for control of information has been a major part of conflict since the technology revolution of the late 20th century. Behind the modern front lines of propaganda, censorship and social media, another contest is unfolding in Earth's orbit.
People past an electronic stock board showing Japan’s Nikkei index at a securities firm Tuesday, April 28, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
Iran’s representative to the United Nations, Amir Saeid Iravani, stated on Monday that Iran is “not bound” by the UN Law of the Sea and defended his country’s maritime actions in the Strait of Hormuz.
Prices of the city’s residential property rose by 1.4 per cent, showing strong resilience despite economic turbulence caused by the Iran war
Prices of the city’s residential property rose by 1.4 per cent, showing strong resilience despite economic turbulence caused by the Iran war
A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm, Tuesday, April 28, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
The US lacks a coherent negotiation strategy and is being “humiliated” by Iran, German Chancellor Friedrich Merz said on Monday.
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Supply disruptions because of the US-Israeli war on Iran have driven a sharp rise in prices of printed circuit boards, a key component in most electronic devices, Reuters reported.
The Italian PM has walked a tightrope between Europe and the US. But the Iran war – and Trump’s attacks on her – have changed everything
Press TV and other Iranian media reported that the death toll from a strike on a primary school in Minab has been revised to 155 people.
Iran has been nominated for a vice-presidential position at a month-long UN conference to review the nuclear Non-Proliferation Treaty (NPT), drawing international condemnation.
Britain’s King Charles and Queen Camilla arrived in the United States on Monday for a four-day trip, welcomed by self-proclaimed royal fan Donald Trump even as the U.S. president has differed with the British government over the Iran war.
Japan's central bank kept its policy rate steady at 0.75% on Tuesday, while revising its inflation estimates upwards as the Iran war raises supply-side risks.
SEOUL, April 28 (Yonhap) -- South Korea is expected to secure up to 90 percent of pre-Iran war naphtha supplies for May, the industry ministry said Tuesday, adding that major petrochemical companies are expanding their plant operations in line with inbound supplies.
Hiring activity in the Gulf has held up in sectors such as technology and health care, but the Iran war has significantly affected jobs in tourism and hospitality, recruitment specialists have said.
Around 60 governments, including Brazil, Germany, Canada and Nigeria, will hold the first international meeting this week to discuss phasing out fossil fuels, as the Iran war upends global oil and gas markets and sends prices soaring.
Iran’s foreign minister Abbas Araghchi said he was pleased to engage with Russia “at the highest level” as the region faces heightened instability.
Russian President Vladimir Putin said he had received a message from Iran’s Supreme Leader, Mojtaba Khamenei, whose public absence has drawn scrutiny.
Oil prices edged higher as efforts to resolve tensions between the United States and Iran remained stalled, with Brent crude rising to about $108.68 a barrel.
Iraq's newly elected president nominated businessman Ali al-Zaidi as the country's prime minister-designate Monday, after the country's leaders yielded to US pressure not to support the bid of a former premier close to Iran.
The Iran war has put pressure on businesses headquartered in the UAE, but Kaan Terzioglu, chief executive of Dubai-based multinational telecommunication and digital services company Veon is not among those pulling back.
France’s foreign minister Jean-Noël Barrot said Iran must be ready to make “major concessions” in negotiations with the United States to end the conflict in the Middle East.
British foreign secretary Yvette Cooper said the United Kingdom is increasing pressure on Iran to prevent it from “holding the world’s economy hostage” through its control of the Strait of Hormuz.
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Iran’s Supreme National Security Council held a meeting following a report from intelligence agencies with concerns over popular protests returning to the streets, Iran International reported early Tuesday morning, citing sources familiar with the gathering.