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Despite the reopening of the Strait of Hormuz as part of a two-week cease-fire with Iran, it will take months for energy supplies to stabilize – and Americans will likely see high gasoline prices stick around through the summer, experts told The Post.
Iran's parliamentary speaker Mohammad Bagher Ghalibaf accused the U.S. on Wednesday of violating the two-week ceasefire agreement.
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Trabajadores aéreos retiran un avión de Southwest Airlines de una puerta en el Aeropuerto Love Field en Dallas, el lunes 16 de marzo de 2026. (AP Foto/Tony Gutierrez)
LA PAZ, Bolivia (AP) — El gobierno del centroderechista Rodrigo Paz informó el miércoles que puso fin a un acuerdo de cooperación militar que habían firmado Bolivia e Irán hace tres años durante la gestión del izquierdista Luis Arce.
Over 70 Democratic lawmakers are calling for amendment to be invoked to remove Trump from office amid war
WASHINGTON, April 8 (Yonhap) -- The United States and Iran will have the first round of their negotiations in Pakistan this weekend to end their war, the White House said Wednesday, a day after they agreed to a two-week ceasefire.
Analysts say Pakistani officials’ efforts led to breakthrough that has helped avert catastrophe, at least for now
Federal Reserve Chair Jerome Powell addresses students at Harvard University, Monday, March 30, 2026, in Cambridge, Mass. (AP Photo/Charles Krupa)
Republican lawmakers greeted news of a ceasefire for the US-Israeli war on Iran with polite applause and some scepticism, while their Democratic counterparts called it a monumental defeat for the US.
When Israel's Prime Minister Benjamin Netanyahu announced the start of the Israeli-US military campaign against Iran at the end of February, he was bullish.
Federal Reserve officials at their March meeting still expected to lower interest rates this year, even with a high level of uncertainty from the Iran war and tariffs, according to minutes released Wednesday.Most of the participants said the war could result in the need for easier monetary policy if rising gas price…
Defense Secretary Pete Hegseth declared victory Wednesday after the U.S. and Iran reached a 2-week ceasefire, praising Donald Trump as a “president of peace” who “chose mercy” in agreeing to the ceasefire.
Secretary of War Pete Hegseth rebuked a reporter mid-briefing Wednesday at the Pentagon after she interrupted as he was calling on another journalist, telling her to “just wait” before continuing with questions on Iran and the US-brokered cease-fire.
Iran’s 10-point proposal, which led to the announcement of a temporary two-week ceasefire agreement between the United States and Iran, was released by Iranian state-sponsored outlet Mehr News Agency on Wednesday.
Flight line workers push a Southwest Airlines aircraft away from a gate at Love Field Airport in Dallas, Monday, March 16, 2026. (AP Photo/Tony Gutierrez)
(3rd LD) Lee says S. Korea, France agree to cooperate on safe passage through Strait of Hormuz
Live updates: Follow the latest news on the Iran war
Iran has again closed the Strait of Hormuz in response to Israeli attacks on Lebanon, according to state media.
Topic:Unrest, Conflict and War
Ships in the Gulf have received a warning from Iran's navy that any vessels seeking to cross the Strait of Hormuz without permission "will be targeted and destroyed", the shipping brokerage firm SSY has confirmed to BBC Verify.
BRUSSELS ― Donald Trump makes a mess. Europe gets called on to clean it up, or at least pay a hefty price to deal with it.
US President Donald Trump has just given the world a masterclass in the art of dealmaking. You threaten armageddon one minute, and cave in to your enemy’s main demands the next. This should go down in the textbooks of diplomacy.
Delta Air Lines on Wednesday forecast second-quarter profit below expectations and said it would pull all planned capacity growth from the June quarter as soaring jet fuel prices driven by the Iran war squeeze margins.
Only days ago, Islamic Republic hardliners running the city of Tehran put up a gigantic banner at one of the busiest intersections in the Iranian capital.
In a day, Donald Trump went from threatening that Iran's civilisation "will die tonight" to declaring that Iran's ten-point plan was a "workable" basis for negotiation in Pakistan.
Iranian authorities see the truce with the United States and Israel as a strategic victory, but they emerge battered and isolated with an economy in tatters, little prospect of rapid recovery, and an impoverished, embittered population.
Iran-backed Iraqi militias conducted several drone attacks near the Diplomatic Support Center and Baghdad International Airport on Wednesday, the US Embassy in Baghdad said in a post on X/Twitter.
Israeli opposition leader Yair Lapid (Yesh Atid) accused Prime Minister Benjamin Netanyahu of failure in the Iran war during a press conference on Wednesday.
Israel was not informed of the United States plan to reach a temporary two-week ceasefire agreement with Iran until the deal was in its late stages of finalization, the Wall Street Journal reported on Wednesday.
All eyes are on the very shaky Iran ceasefire, at a moment Tehran is already threatening to pull out due to heavy Israeli attacks on Lebanon. Iran says it has again halted Hormuz oil transit, and there's much that's still up in the air and uncertain. The briefing with press secretary Karoline Leavitt is expected to …
Just hours after agreeing to reopen the Strait of Hormuz, Iran has again blocked ships from passing through waterway — blaming it on Israel striking Lebanon.
TEHRAN, Iran — Iran, the United States and Israel agreed to a two-week ceasefire in an 11th-hour deal that headed off US President Donald Trump's threat to unleash a bombing campaign to destroy Iranian civilization. Hours later, Iran and Gulf Arab countries reported new attacks Wednesday.
Nixon’s Vietnam strategy appears at play in Trump’s Iran threats, but he may want to ponder the ex-president’s fate
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LONDON — Oil and gas prices plunged, stock markets soared and the dollar retreated Wednesday after the United States and Iran agreed a temporary ceasefire that could lead to the Strait of Hormuz reopening.
Iranian media reported that air defences were activated in the capital, Tehran.
By Dmitry Trenin, a research professor at the Higher School of Economics and a lead research fellow at the Institute of World Economy and International Relations. He is also a member of the Russian International Affairs Council (RIAC).
By Dmitry Trenin, a research professor at the Higher School of Economics and a lead research fellow at the Institute of World Economy and International Relations. He is also a member of the Russian International Affairs Council (RIAC).
Jacques Paris, izquierda, y Cecile Kohler, ciudadanos franceses liberados tras estar detenidos durante tres años y medio en Irán, hablan con los medios de comunicación en el Palacio del Elíseo, donde fueron recibidos por el presidente francés Emmanuel Macron, en París, Francia, el miércoles 8 de abril de 2026. (Tom …
JUST two hours before United States President Bobo the Simpleminded’s deadline on Wednesday morning for Iran to open the Strait of Hormuz or else the US would “end its civilization,” it was announced that Iran and the US had agreed to a two-week ceasefire brokered by Pakistan. The US will hold off on the whole endin…
COPENHAGEN — The war on Iran has upended the global economic outlook overnight. Oil supply routes have been shut down and prices have surged. Every central bank, finance ministry and economic forecaster is scrambling to answer the same question: what happens next?
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The ceasefire is welcome but fragile. Friday’s talks in Islamabad must address Iran’s nuclear programme and avoid sidelining the rest of the region
US President Donald Trump is set to meet Nato Secretary General Mark Rutte at the White House on Wednesday, after hinting he may seek to reduce Washington's support for the bloc – or leave it altogether.
The US and Iran have agreed to a two-week conditional ceasefire, thanks to a last-minute diplomatic intervention led by Pakistan.
(ATTN: UPDATES with more info in paras 10, 13-18; ADDS photo)By Song Sang-ho
President Donald Trump has claimed that Lebanon was not included in the ceasefire between the United States and Iran, contradicting the assertion of Pakistan, which mediated the truce.