Iran
The price of a Brent barrel has risen to $120 for the first time since 2022 amid the naval blockade of Iran. The UAE announced its withdrawal from OPEC due to the escalation of the conflict.
Trump discussed ending the war in Ukraine with Putin and proposed a truce to him. He noted that the dictator had been ready for a deal for a long time.
Donald Trump announced the end of the wars in Ukraine and Iran on a similar schedule. After a conversation with Putin, he expressed hope for a swift resolution of the conflicts.
During a phone call, Putin offered Trump assistance regarding the issue of Iranian enriched uranium. Trump urged to first end the war in Ukraine.
U. S. spending on the war in Iraq is estimated at $25 billion. The funds were spent on ammunition and equipment, and the Pentagon is preparing a new request to Congress.
The IRGC has assumed key power in Iran, weakening the role of the Supreme Leader. Mojtaba Khamenei only formally legitimizes the decisions of the military.
Trump rejected Tehran's proposal and demands a new non-nuclear deal. Iran is preparing a revised plan amid communication issues with the country's Supreme Leader.
The European Commission has allowed EU countries to subsidize companies due to the rising cost of energy resources. The new rules will remain in effect until the end of the year to support businesses.
Pete Hegseth will testify in Congress for the first time about the war with Iran and the $1. 5 trillion budget. He is accused of waging war without the consent of lawmakers.
Trump ordered to prepare for prolonged blockade of Iran to pressure its nuclear program. The US rejected Tehran's conditions for unblocking the Strait of Hormuz.
There are more than 20 vessels in the port of Chabahar due to trade flow restrictions imposed by the U. S. Previously, there were only about five ships there daily.
Republicans opposed Trump's $1. 5 trillion defense budget due to a lack of strategy. Congress fears rising costs.
Brent crude price rose to $111. 26 due to the near-total blockade of the Strait of Hormuz. Trump announced negotiations with Iran regarding unblocking the sea route.
The US Senate rejected a Democratic demand to coordinate the blockade of Cuba with Congress. Republicans maintained Trump's right to independently increase pressure on the island.
American intelligence is assessing Iran's reaction to a potential statement by Trump regarding a victory. A swift conclusion to the war could strengthen Tehran's position in the region.
Trump's approval rating has dropped to 34% due to the conflict with Iran and the rising cost of living. Only 22% of citizens approve of his economic policy following a spike in fuel prices.
The US has imposed sanctions on 35 individuals and companies for assisting Iran in circumventing restrictions. The shadow network financed missile procurement and oil sales.
Charles met with Trump in the Oval Office to ease tensions. Britain hopes to smooth over the conflict following criticism of the president.
The UK Foreign Office has summoned the Iranian ambassador over provocative social media posts. London demands an end to the incitement of violence within the country.
Trump claimed the Iranian regime is collapsing and that Tehran desires to open the Strait of Hormuz. The US President pointed to a rift among the country's leadership.
Energy Secretary Chris Wright announced the creation of a corridor for vessels in the Strait of Hormuz. A complete clearing of the path from Iranian mines could take up to six months.
The Ministry of Foreign Affairs of Ukraine called on Israel to stop receiving vessels carrying stolen grain. Kyiv recalled its solidarity in countering Iranian threats.
The UAE is leaving OPEC due to the war with Iran and disagreements with allies. This decision will weaken the cartel and help the US lower global oil prices.
The Ministry of Foreign Affairs handed a note to the Israeli Ambassador regarding the import of stolen Ukrainian grain from the Russian Federation. Ukraine demands an immediate halt to the unloading of vessels in ports.
Trump plans to reject Iran's proposal to open the Strait of Hormuz without nuclear concessions. The US does not want to lose leverage over Tehran.
Diplomats are discussing a return to the status quo and the reopening of the Strait of Hormuz. The issue of Iran's nuclear program is planned to be addressed at later stages.
Scott Bessent warned of sanctions for companies servicing Iranian airlines. The restrictions apply to fuel supplies and technical support.
Charles will emphasize unity with the US and address the disputes between Trump and Starmer over Iran. The speech will last 20 minutes and will touch upon defense cooperation.
Brent crude rose to $108 due to the blockade of the Strait of Hormuz. The US is considering Iran's conditions for a ceasefire and the restoration of transit.
Gold is trading near $4,690 amid discussions of Iran's peace proposal. Tehran is offering to open the Strait of Hormuz in exchange for lifting the blockade.