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Analysts also warn that Trump’s ‘joint venture’ plan with Iran could formalise a grey zone, while Beijing balances its roles as mediator and energy importer
Late night hosts reacted to Trump’s threats to Iran, unclear war timeline and JD Vance headlining a Viktor Orbán rally
Just hours after the United States and Iran announced a ceasefire in the war that has dominated news headlines around the world and pushed oil prices to new heights, Israel bombarded Lebanon on Wednesday, killing hundreds, injuring thousands and prompting Iran to reimpose its blockade of the Strait of Hormuz.
Confusion over competing United States and Iranian proposals to end the war is deepening uncertainty about the fragile two-week ceasefire between the longtime foes, with officials presenting sometimes differing accounts of what has been agreed.
Despite the positive development of a shaky US-Iran ceasefire holding, the reality is that Tehran still maintains de facto control over the vital Strait of Hormuz waterway. A mere few vessels passed without incident on Wednesday, before Iran's military closed the strait again, citing Israel's massive attacks on Leba…
The madness is contagious – and nowhere has this been more evident than in the newly minted two-week ceasefire with Iran
Here are today’s headlines – the latest news in the Philippines and around the world:
Even as the US and Iran seek to cement a ceasefire, Israel is seizing more territory from its neighbors in preparation for a long, drawn-out conflict across the Middle East.
Nearly six weeks of war in Iran have ended, for now, with US President Donald Trump claiming victory, but the US-Iran ceasefire locks in a harsh reality: an entrenched, radical government with control over the Strait of Hormuz and a powerful lever over global energy markets and Gulf rivals, analysts say.
Iran's Islamic Revolutionary Guard Corps (IRGC) warned ships to keep to a route passing through its territorial waters when crossing the Strait of Hormuz as traffic on Thursday remained well below 10% of normal volumes.
The Israeli public is deeply divided over the question of victory in the war with Iran, according to a Walla and Maariv poll published on Thursday.
What may be coming is neither stable peace nor uninterrupted war, but something in between: a prolonged condition of managed instability
What may be coming is neither stable peace nor uninterrupted war, but something in between: a prolonged condition of managed instability
Der wirtschaftspolitische Podcast von POLITICO Deutschland.
Kristalina Georgieva says even ‘most hopeful scenario’ will lead to growth downgrade and cause permanent hit to living standards
As Trump loomed large in both Iran war and subsequent pause, analysts weigh the importance of rhetoric vs results in his talks with China
As Trump loomed large in both Iran war and subsequent pause, analysts weigh the importance of rhetoric vs results in his talks with China
The head of the International Monetary Fund issued a stern directive to central banks struggling with the economic impact of the Iran war: fight inflation, even if it means sacrificing growth.
When April’s fuel prices were announced on the final day of last month, queues formed at petrol stations soon afterwards. This contributor passed several outlets on March 31 where cars tailed back beyond petrol station slip roads in the afternoon, as well as much later in the evening, as midnight approached.
A separate arrangement must be found for Lebanon if it cannot be included in the temporary ceasefire struck by the US, Iran and Israel, The EU's commissioner for the Mediterranean, Dubravka Suica has told The National.
With the war on Iran exposing global centres of capital in the Gulf to risk, the Turkish government is looking for ways to lure investors and firms based in the United Arab Emirates to Turkey.
US stocks sank Thursday morning as oil jumped back near $100 after Iran accused the US of violating its ceasefire agreement and traffic through the Strait of Hormuz remained limited.
Switch to the dark mode that's kinder on your eyes at night time.
Spain strongly condemned Israeli strikes on Lebanon as well as the broader war on Iran on Thursday, cementing Madrid's role as an outspoken critic of the US and Israeli military campaigns despite US threats to punish uncooperative NATO allies.
Some Palestinians in the Gaza Strip are using arts and crafts to express their trauma from the war and make some money, as the humanitarian situation in the enclave remains dire although overshadowed by the Iran war.
Uncertainty over US-Iran ceasefire pushes price of US oil over $100 a barrel
Part of the Shell Polymers Monaca Plant, a petrochemical plant, operates in Monaca, Pa., Tuesday, April 7, 2026. (AP Photo/Gene J. Puskar)
Jet fuel is often the first petroleum product to see shortages in a fuel crisis.
Strikes that killed more than 200 people spark outrage amid global efforts to salvage truce
Lebanese prime minister Nawaf Salam has asked the Pakistani prime minister to confirm the country’s inclusion in the Iran war ceasefire with the US, after Israeli strikes killed more than 250 people in Lebanon.
Prime Minister Anthony Albanese has touched down in Singapore, talking up the chances of a deal to lock in supply from the country that already ships half of Australia's petrol.The hastily organised meeting amid continued worries about Iran's effective closure of a critical shipping route is being pitched as a chanc…
Israel claims attacks on densely populated residential areas that killed more than 200 people were aimed at Hezbollah members
The Strait of Hormuz has not opened to ship traffic after the U.S. and Iran agreed to a two-week ceasefire, said the CEO of Abu Dhabi National Oil Co., or ADNOC, on Thursday.
The Dubai Financial Services Authority has unveiled flexibility relief measures aimed at helping financial firms cope with the effects of the current regional conflict.
As the dust begins to settle from the latest escalation in the Iran conflict, markets are left to grapple with a more complicated question: what comes next? Is this the beginning of a reset toward stability, another leg up in markets, and lower inflation -or- are the early stages of a broader economic unraveling tie…
Israeli prime minister Benjamin Netanyahu’s long-running corruption trial will resume on Sunday, according to a statement released by the Israeli court hours after Israel lifted the state of emergency imposed as a result of its war with Iran.
Islamabad, Pakistan – Pavements are being painted, an already formidable security presence is being bolstered, and an air of anticipation — and anxiety — is gripping Pakistan’s capital as it prepares to host meetings that the world will watch this weekend.
Israeli strikes hit busy commercial and residential areas in central Beirut without warning on Wednesday, hours after a ceasefire was announced in the U.S.-Israeli war with Iran. Lebanon said at least 182 people were killed and hundreds were wounded, making it the deadliest day in the latest Israel-Hezbollah war. (A…
El presidente estadounidense Donald Trump con el secretario general de la OTAN Mark Rutte, en la Oficina Oval en la Casa Blanca en Washington, el 22 de octubre del 2025. (AP foto/Alex Brandon)
In the weeks since the US and Israel launched strikes on Iran, the battle for the narrative over the war's progress has been taking place at the heart of American military power.
Single-day transactions via China’s Cross-border Interbank Payment System surge past 1 trillion yuan as Beijing’s moves to expand the yuan-payment network show signs of paying off
Single-day transactions via China’s Cross-border Interbank Payment System surge past 1 trillion yuan as Beijing’s moves to expand the yuan-payment network show signs of paying off
European government bonds reversed course on Thursday, moving higher after plunging during the previous session, as a fragile Middle East ceasefire keeps markets on edge.
En la pantalla de la laptop se ve una animación generada por IA creada por un estudio pro-Irán que muestra a un iraní asando cuatro aviones estadounidenses sobre una hoguera, en Bruselas, el 8 de abril de 2026. (Foto AP/Sam McNeil)
WH confirms Vice President Vance will lead Kushner-Witkoff delegation in Pakistan, seen as positive in Tehran and Islamabad.
People shop at a grocery store, in Schaumburg, Ill., Thursday, April 2, 2026. (AP Photo/Nam Y. Huh)
Patriarch Theophilos III, the Greek Orthodox Patriarch of Jerusalem, center left, performs the Washing of the Feet ceremony, at the Church of the Holy Sepulcher, after restrictions were lifted following a ceasefire reached between Iran, Israel and the United States, in Jerusalem’s Old City, Thursday, April 9, 2026. …
A California’s SNAP benefits shopper pushes a cart through a supermarket in Bellflower, Calif., Feb. 13, 2023. (AP Photo/Allison Dinner, File)
A hacking group aligned with Iran said it obtained at least 19,000 sensitive files after targeting the personal phone of former Israeli army Chief of Staff Herzi Halevi.
Core inflation eased slightly in February before the recent surge in energy prices, according to a key gauge released Thursday that offers the Federal Reserve a snapshot of conditions leading into the Iran war.
