The U.S. war in Iran has cost $25 billion so far, a senior Pentagon official said on Wednesday (29 April), offering the first official estimate of the military’s price tag for the conflict. The sum is equivalent to NASA’s entire budget for this year.
The United Nations has said that at least 21 people have been executed in Iran and more than 4,000 arrested since the outbreak of war involving the United States and Israel on 28 February.
Tensions between the United States and Iran remain high after a U.S. official said President Donald Trump was unhappy with a proposal from Tehran that does not deal with its nuclear programme. Washington is insisting that any talks must address Iran’s nuclear activities.
Türkiye is expanding its diplomatic mediation efforts in Iran- U.S. talks amid rising regional tensions, as Ankara continues to position itself as a key facilitator in broader Middle East stability efforts.
Israeli air strikes have killed at least 14 people in southern Lebanon, according to the country’s Health Ministry, as tensions continue despite an ongoing ceasefire.
A tanker reported being hit by unknown projectiles in the Strait of Hormuz, a maritime security organisation said on Monday, shortly after President Donald Trump said the U.S. would start helping free ships stranded in the Gulf by the U.S.-Israeli war on Iran.
U.S. President Donald Trump has said the United States will begin efforts on Monday (4 May) to help free vessels stranded in the Strait of Hormuz, describing the move as a humanitarian effort aimed at neutral countries.
Kazakhstan, Russia, Saudi Arabia and other key OPEC+ countries have agreed a paper-based modest oil output hike for next month, raising the output targets to 188,000 barrels a day in June.
U.S. President Donald Trump has said he will “soon be reviewing” a new 14-point proposal sent by Iran, casting doubt on the chances of a deal after Tehran called for security guarantees, an end to naval blockades and a halt to the war across the region, including in Lebanon.
U.S. President Donald Trump has said he will “soon be reviewing” a new 14-point proposal sent by Iran, casting doubt on the chances of a deal after Tehran called for security guarantees, an end to naval blockades and a halt to the war across the region, including in Lebanon.
U.S. President Donald Trump has said the United States will begin efforts on Monday (4 May) to help free vessels stranded in the Strait of Hormuz, describing the move as a humanitarian effort aimed at neutral countries.
A tanker reported being hit by unknown projectiles in the Strait of Hormuz, a maritime security organisation said on Monday, shortly after President Donald Trump said the U.S. would start helping free ships stranded in the Gulf by the U.S.-Israeli war on Iran.
Kazakhstan, Russia, Saudi Arabia and other key OPEC+ countries have agreed a paper-based modest oil output hike for next month, raising the output targets to 188,000 barrels a day in June.
Ukraine is monitoring “unusual activity” along its border with Belarus, President Volodymyr Zelenskyy said in a video statement released on Saturday (2 May). He warned that Kyiv is ready to respond if necessary amid continued regional tensions linked to Russia’s war.
Hundreds of young people in South Korea have gathered in Seoul to take part in a city-backed “power nap contest”, aimed at drawing attention to the country’s chronic sleep deprivation.
China has moved to block U.S. sanctions on five of its oil refineries, in a fresh escalation of tensions over trade and energy policy.
Türkiye’s Vice President Cevdet Yılmaz is set to visit Armenia in early May to take part in the 8th European Political Community Summit, in what will be the highest-level Turkish visit to the country to date. Meanwhile, German Chancellor Friedrich Merz is reportedly expected to miss the forum.
U.S. President Donald Trump has said he will “soon be reviewing” a new 14-point proposal sent by Iran, casting doubt on the chances of a deal after Tehran called for security guarantees, an end to naval blockades and a halt to the war across the region, including in Lebanon.
U.S. President Donald Trump told reporters he was "not satisfied" with Iran's latest peace proposal, which was delivered to Washington via Pakistani mediators on Friday (1 May).
U.S. President Donald Trump declared that a ceasefire had "terminated" hostilities against Iran, as he sought to bolster his argument that he does not need lawmakers' permission to continue the conflict.
A Pentagon official provided the first official estimate of the cost of the U.S. war in Iran on Wednesday (29 April), telling lawmakers that $25 billion had so far been spent on the conflict, most of it on munitions. Earlier, Donald Trump said that the U.S. had "militarily defeated" Tehran.
Tensions between Washington and Tehran remain elevated after renewed warnings from U.S. President Donald Trump that military action against Iran has not been ruled out, alongside claims that Iranian leadership is eager to reach a deal.
The Iranian leaders have commemorated the National Day of Persian Gulf stressing Tehran’s control over the Strait of Hormuz amid the U.S. maritime blockade of Iran’s southern ports, a fragile ceasefire, and stalled negotiations.
Iran’s Supreme Leader Mojtaba Khamenei warned “foreigners who commit evil” have no place in the Gulf, outlining a “new phase” for the Strait of Hormuz, while a senior adviser said U.S. blockade efforts would fail and could trigger confrontation.
Iran said on Thursday it would respond with “long and painful strikes” against U.S. positions if Washington resumed attacks, while also reasserting its claim over the Strait of Hormuz, complicating U.S. plans to form a coalition to reopen the waterway.
President Donald Trump discussed how to mitigate the impact of a possible months-long U.S. blockade of Iran's ports with oil companies, a White House official said on Wednesday, as the U.S. renewed its calls for other nations to help open the Strait of Hormuz.
European airlines are facing their biggest challenge since the COVID-19 pandemic as the Iran war pushes up jet fuel prices and buffets travel through the Middle East, casting a shadow over the summer holiday season.
Iran could lose up to $435 million in oil exports due to a U.S. naval blockade, though a full institutional collapse remains unlikely, according to a geopolitical researcher.
Profits for worldwide energy company TotalEnergies have risen 41% in three months, as global energy supplies are disrupted after two months of war and oil prices have increased by 3%.
Efforts to end the Iran conflict were at an impasse on Tuesday with U.S. President Donald Trump unhappy with the latest proposal from Tehran, which he said had informed the U.S. it was in a "state of collapse" and figuring out its leadership situation.
