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Hormuz Strait to remain closed unless U.S. meets Iran's conditions, Iranian security council says Reuters
Morgan Ortagus, a former deputy presidential special envoy, said she doesn't see proof of the narrative that the US is on its 'back heels' in negotiations with Iran and that strategic patience is on the side of the United States. Ortagus said that while military options are still on the table, what
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As the nature of Russia’s war in Ukraine evolves, Baltic startups are seeking new ways to respond to the hybrid threat from Russia, hoping rapid innovation can have a deterrent effect on Moscow.
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Pakistan says US and Iran close to 'some sort' of deal despite attacks on shipping Reuters
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Trump says Iran options are let Tehran fail economically or 'hit them really hard' Reuters
Donald Trump threw his weight behind Gianni Infantino, warning it would be a "terrible mistake" to oust the FIFA president. Tiwa Adebayo explains the deepening crisis at the heart of global football. (Source: Bloomberg)
The US now expects oil supply disruptions stemming from the US-Iran war to reach about 600,000 barrels per day through the end of next year as the conflict continues to crimp shipments via the critical Strait of Hormuz.
U.S. oil had risen as much as 3% earlier in the day after President Donald Trump demanded that Iran pay reparations to the U.S.
The yen weakened, approaching a key level against the dollar that could raise speculation that Japanese authorities may intervene again to prop up the currency.
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US fired on Panama-flagged ship that tried to break blockade of Iranian ports, WSJ reports citing US official Reuters