Iranian State TV says plans underway for funeral ceremony of Ayatollah Ali Khamenei
- 31-May-2026
Iranian authorities are laying the groundwork for a “grand” funeral for slain supreme leader Ayatollah Ali Khamenei, official media reported Friday, following a lengthy postponement due to the Islamic republic’s war with the United States and Israel. Though the timing was still uncertain, “a special headquarters has been formed to prepare for the funeral ceremony, […]
Pentagon chief says U.S. ready to restart strikes on Iran if no deal
- 30-May-2026
SINGAPORE: The U.S. is ready to restart attacks on Iran if a deal cannot be reached, Defense Secretary Pete Hegseth said on Saturday, as negotiators from Washington and Tehran worked to bridge major differences blocking an agreement. “Our ability to recommence if necessary…we are more than capable,” the Pentagon chief said in Singapore. “Our stockpiles […]
Trump weighs Iran peace deal as US signals end to naval blockade
- 29-May-2026
US President Donald Trump said he was meeting in the White House Situation Room on Friday to make a final decision on whether or not to strike a peace deal with Iran. Trump said Washington would lift its naval blockade of Iran but insisted Tehran must open the Strait of Hormuz and agree never to […]
Iran, US reach deal to extend ceasefire, pending Trump’s approval
- 29-May-2026
WASHINGTON: The United States and Iran reached an agreement on Thursday to extend their ceasefire and lift restrictions on shipping through the Strait of Hormuz, sources told Reuters, though U.S. President Donald Trump has yet to approve it and Iranian state media said it had not been finalized. According to four sources familiar with the […]
Iran, US reportedly reach outline ceasefire deal after fresh strikes
- 28-May-2026
WASHINGTON/DUBAI—The United States (US) and Iran have reached an outline agreement to extend their ceasefire pending the approval of President Donald Trump, Axios reported on Thursday, after Iran targeted a U.S. air base in Kuwait in the wake of U.S. strikes on what Washington said was an Iranian drone operation. According to the report by […]
Oil surges after Iran targets US airbase in retaliation
- 28-May-2026
Oil prices jumped more than 3% on Thursday after Iran’s Revolutionary Guards said they targeted a U.S. airbase in response to a U.S. attack near Bandar Abbas airport. Brent crude futures rose $3.51, or 3.72%, to $97.8 a barrel by 0344 GMT, while the more active August contract gained $3.35 or 3.63%, to $95.6. The […]
Iran’s IRGC say they targeted US airbase after strike near Bandar Abbas
- 28-May-2026
Iran’s Revolutionary Guards said on Thursday they targeted a US airbase at 0450 local time after what they described as an early morning U.S. attack near Bandar Abbas airport, Tasnim news agency reported. The IRGC did not say where the base is. They warned that any repeat of what they called aggression would draw a […]
US launches fresh strikes on southern Iran
- 28-May-2026
The US carried out fresh airstrikes in southern Iran, targeting drone-launch facilities and boats allegedly involved in laying naval mines, in a move that threatened to further strain fragile ceasefire and negotiation efforts between the two countries. According to US Central Command (CENTCOM), the strikes were conducted as “self-defense” operations to protect American troops from […]
Iran war divides world markets into winners, losers
- 27-May-2026
LONDON—Three months since the Iran war began, persistently high oil prices have policymakers grappling with renewed inflation fears, while sliding currencies are a headache for some Asian countries. But the conflict has boosted other assets, especially oil, and the dollar’s credentials as a safe haven. Here’s a look at some stand-out winners and losers. OIL’S […]
Trump losing the Iran war?
- 26-May-2026
US President Donald Trump may have won just about every battle against Iran, but three months after attacking the Islamic Republic he now faces a bigger question: Is he losing the war? With Iran’s grip on the Strait of Hormuz, its resistance to nuclear concessions and its theocratic government largely intact, doubts are growing that […]