US IRAN WAR
Trump's 80th birthday: White House cage fight spectacle amidst war and controversy
US President Donald Trump marks his 80th birthday with a unique cage-fighting event at the White House. This spectacle occurs as the president faces political challenges, including a war in Iran and scrutiny over his health. The event, featuring UFC mixed martial arts, contrasts sharply with previous presidential birthdays, which were mostly private family brunches.
US-Iran war nearing end? Donald Trump says Sunday deal would reopen Hormuz
US President Donald Trump announced a deal with Iran is set to be signed on Sunday. This agreement is expected to immediately reopen the Strait of Hormuz to all traffic. Pakistan, acting as a mediator, confirmed an agreement to end the conflict is closer than ever. Preparations are underway for an electronic signing, with technical talks to follow next week.
Iran war will end soon: That's what Donald Trump repeatedly said since March
US President Donald Trump repeatedly announced a deal to end the war with Iran was imminent, citing major points of agreement and progress. Despite disputing accounts that the agreement favored Tehran, he indicated a finalized deal was expected soon, with some statements suggesting a resolution within weeks. The President also mentioned a planned military attack was held off due to ongoing negotiations.
Turn for peace on the day Trump turns 80? US, Iran could sign MoU on Saturday
Iranian foreign minister Abbas Araghchi posted on Friday on X that an agreement "has never been closer". He gave no details, saying a final deal was still pending. US President Donald Trump shared Araghchi's post on his own social media. Trump, who turns 80 on Sunday, called off threatened strikes on Thursday, while Iran's Mehr news agency reported that final negotiations on a MoU with the US would focus on nuclear and economic issues but would exclude discussions about Iran's missile programme.
Iran agrees to dismantle nuclear program under deal, White House official says
Iran has agreed to dismantle its nuclear program. The nation will also destroy nuclear material. This is part of a deal with the United States. Tehran will open the Strait of Hormuz. Frozen funds will not be released until commitments are honored. This performance-based deal marks a significant development.
Trump’s Iran deal slowed by couriers in complex peace process
Despite President Donald Trump repeatedly saying a US-Iran deal is near, negotiations remain slow and uncertain. Talks rely on indirect channels, couriers, intermediaries and delayed communications, with responses often taking days.
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Trump cancels Iran strikes after high-level peace talks, blockade to continue
US President Donald Trump has cancelled planned strikes on Iran. Discussions for a ceasefire have been approved by Washington, Israel, and other nations. A naval blockade will continue until a peace deal is finalized. Details of the agreement are expected soon. Iran has not yet confirmed approval of any text for a deal.
US will hit Iran 'very hard' tonight: Trump plans to take over main Iranian oil terminals
Iran war news: US President Donald Trump has issued a strong warning to Iran. He stated that America will strike Iran very hard. Trump also revealed plans to seize Kharg Island and other oil terminals. This move aims to gain complete control over Iran's oil and gas markets. The US has previously implemented similar strategies with Venezuela.
US military confirms attack on third Indian-crewed tanker off Gulf of Oman
US forces disabled a third oil tanker in the Gulf of Oman. The ship was attempting to transport oil from Iran. US aircraft fired missiles into the engine room. This action follows a blockade initiated on April 13. CENTCOM reports disabling nine non-compliant vessels and redirecting many others.
Iran-U. S War: Washington, Tehran interim deal stalled over $6 billion to $12 billion of frozen funds? Read shocking report
U.S. President Donald Trump has repeatedly said a deal is close, while also threatening to intensify bombing.
Pakistan says engaged in US-Iran mediation despite escalation, calls for negotiated settlement
Pakistan's foreign ministry stated on Thursday that leaders are actively mediating to end the US-Iran war. Despite recent hostilities, Pakistan remains engaged in efforts for a negotiated settlement. The interior minister recently visited Tehran, delivering a message from the prime minister to Iranian leadership. Pakistan urges diplomacy and dialogue to resolve contentious issues in the region.
US launches new strikes after Trump threatens to attack Iran 'very hard'
The US launched a new round of overnight strikes on multiple targets in Iran, with President Donald Trump warning of further attacks unless Tehran quickly agrees to a peace deal. The strikes targeted Iranian air defence and radar sites near the Strait of Hormuz after a US helicopter was downed earlier this week.
US-Iran war: Oil seen averaging at $105 per barrel in June, July as brent remains below $100 a barrel
Iran war impact: Oil prices are projected to average $105 per barrel in June and July. This forecast assumes continued Strait of Hormuz disruptions and falling global oil stocks. Despite recent strikes between the US and Iran, prices remain below $100. Markets anticipate a truce and negotiations. Global demand destruction also limits price increases.
Is Iran plotting something big in U.S., Europe? Details here
US President Donald Trump on Wednesday said that Iran has taken too long to negotiate a deal over the conflict in the Middle East and will now "have to pay the price."
India bonds snap four-day rally on US-Iran war risks
Indian government bonds witnessed a dip on Wednesday, breaking a four-day winning streak. The decline was largely attributed to soaring oil prices linked to geopolitical unrest in the Middle East and traders making profit-takings. Investors are on edge regarding inflation uncertainties. Notably, foreign investment in Indian debt has surged due to new government strategies incentivizing outside capital.
Iran's Revolutionary Guards say missiles targeted US base in Jordan
Iran's Revolutionary Guards announced they struck four locations at the U.S. al-Azraq base in Jordan. Long-range missiles were used. Targets included F-35 fighter jet hangars and a command center. The Guards issued a warning of a severe response to any further U.S. attacks. This action signals escalating tensions in the region.
Iran's Guards attack US Fifth Fleet in Bahrain after US strikes on Iran
Iran's Revolutionary Guards launched drone attacks on the U.S. Fifth Fleet in Bahrain. This action followed U.S. strikes on southern Iran. The Guards warned of further retaliation if U.S. aggression continues. The U.S. strikes reportedly damaged a telecommunications tower and water tanks in Sirik. Clashes are ongoing.
Trump suddenly finds himself in a perfect storm. Can he survive it?
Trump faces mounting challenges this summer, including legal setbacks, weak approval ratings and public anxiety over inflation and fuel prices. A frustrating standoff with Iran and judicial rulings limiting executive actions are creating a narrative of a president increasingly squeezed from multiple directions.
Trump blames Iran for Apache helicopter attack, says US must respond "of necessity"
US President Donald Trump said Iran downed a sophisticated Apache helicopter. The incident occurred overnight while the aircraft patrolled the Strait of Hormuz. President Trump stated the United States must respond to this attack. This development signals a significant escalation in regional tensions.
Iran war: Fuel price surge squeezes dairy, poultry value chains
Industry officials say rising fuel costs, coupled with geopolitical disruptions affecting commodity markets, are squeezing farmer margins and pushing up the cost of protein-rich foods.
Fitch cuts FY27 growth projection to 6.4%; US-Iran war to slow down economy
Fitch Ratings has reduced India's GDP growth projection to 6.4 percent for the current fiscal year. The US-Iran war is expected to slow economic activity in the September and December quarters. Rising prices will dampen consumer spending. For FY28, growth is expected to pick up to 6.7 percent. Fitch also anticipates the Reserve Bank of India will increase interest rates.
Iran ends military operations against Israel, warns of harsher attacks if strikes on Lebanon persist
Iran's armed forces declared an end to military operations against Israel, but warned of escalated attacks if Israeli strikes on Lebanon continue. This announcement follows direct exchanges of fire between the two nations, with US President Donald Trump stating both sides are seeking an immediate ceasefire.
Donald Trump says he would not unfreeze Iran's assets ahead before deal is done
President Donald Trump stated he will not release Iranian funds or remove sanctions until a peace agreement is finalized. These actions will only be considered after a deal is completed. Trump also indicated that Lebanon is not a requirement for any short-term accord with Tehran. He mentioned these steps would follow if Iran behaves and performs well.
Oil prices fall on mounting hopes for de-escalation in US-Iran War
Oil prices declined Friday as traders perceived a reduced likelihood of renewed conflict between the US and Iran. Despite this, both Brent and WTI crude futures were poised for their first weekly gains in three weeks, influenced by earlier Middle East tensions and limited Strait of Hormuz traffic. However, gains were tempered by unexpected inventory levels and falling demand.
War will end when fighting stops in Lebanon as well: Iran
In another development, a potential agreement between Washington and Tehran hinges on US President Donald Trump's administration agreeing to release $24 billion in frozen Iranian assets, CNN quoted Mohsen Rezaei, an adviser to Iran's supreme leader, as saying on Friday. Iran has made a ceasefire between Israel and Hezbollah a condition for any peace deal with Washington to resolve the regional war, now in its fourth month, and restart shipping through the Strait of Hormuz.
Iran fires missiles, US strikes Iran facility after reports of faltering peace talks
Iran's paramilitary Revolutionary Guard said it had targeted the headquarters of the US Navy's 5th Fleet in Bahrain and another country in its attack, without naming Kuwait. It said it launched its attack in response to the US firing a missile into the engine room of another oil tanker trying to reach Iran despite the US blockade.
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