live Hormuz shipping slows as Iran's Araghchi sets conditions for resumption
Shipping through the Strait of Hormuz slowed to a near standstill over the weekend, with five commodity vessels transiting Saturday and none on Sun...
Israel launched strikes on Tehran and Beirut on Saturday (21 March) as the United States deployed thousands of additional Marines to the Middle East, while President Donald Trump criticised NATO allies as "cowards" over their reluctance to help open the Strait of Hormuz.
The Israeli military said it had targeted sites in Iran and carried out strikes in Beirut on Saturday, as it intensified operations against Hezbollah, the Iran-backed militia.
The strikes marked the deadliest spillover into Lebanon since Hezbollah began firing on Israel in support of Tehran on 2 March.
Israel also confirmed new strikes on Iran, including in the capital Tehran, according to a military statement.
Key energy infrastructure across Iran and neighbouring Gulf states has been hit, with oil prices rising by around 50% since the conflict began, raising concerns about a global economic shock.
In the United States, United Airlines said it would cut scheduled flights by 5% in the second and third quarters, citing expectations of prolonged higher fuel costs.
The Strait of Hormuz, a critical route for around one-fifth of global oil and liquefied natural gas supplies, has been effectively closed to most shipping since the United States and Israel launched military operations against Iran.
Trump on Friday accused U.S. allies of "cowardice" for declining to assist in reopening the strait.
Several allies, who were not consulted prior to the conflict, have said they would support "appropriate efforts" to ensure safe passage, although Germany and France have stressed that fighting must first stop.
German Chancellor Friedrich Merz said he would speak with Trump over the weekend.
Iran is prepared to allow Japanese-linked vessels to pass through the Strait of Hormuz, Kyodo News reported on Saturday, citing Iranian Foreign Minister Abbas Araghchi. Japan receives around 90% of its oil imports via the route.
The White House said it would waive sanctions for 30 days, allowing the sale of around 140 million barrels of Iranian oil stranded on tankers, in an effort to stabilise global markets.
The administration had previously eased sanctions on a similar amount of Russian oil.
Before launching Saturday’s strikes, the Israeli military said it had issued evacuation warnings for seven neighbourhoods in Beirut’s southern suburbs.
More than 1,000 people have been killed in Lebanon and over one million have been displaced, according to reports.
Iran’s Supreme Leader Ali Khamenei, who has not been seen in public since the Israeli attack that killed his father, said Iranians had responded with unity and resistance, adding they had "dealt a disorienting blow to the enemy".
A U.S. intelligence official, speaking on condition of anonymity, said Khamenei's statement raised questions about his condition, noting that his father had traditionally delivered a New Year address.
At least 11 people were killed in Israeli strikes on southern Lebanon on Saturday, among the deadliest since a June ceasefire. Meanwhile, Qatar denied holding Iranian pilots. It said it had found the remains of one pilot after an airspace violation and had contacted Iran to coordinate a handover.
Shipping through the Strait of Hormuz slowed to a near standstill over the weekend, with five commodity vessels transiting Saturday and none on Sunday. Iran's Foreign Minister Abbas Araghchi said Washington must meet Tehran's conditions for shipping to resume.
A wildfire in Croatia driven by strong winds descended on the tourist town of Omis overnight, engulfing houses, forcing about 1,000 people to evacuate to safety and injuring dozens, fire brigade and health officials said on Friday.
U.S. President Donald Trump's threats to make the Strait of Hormuz part of U.S. territory have been mocked by Iran's Deputy Foreign Minister, Kazem Gharibabadi, who said the sea passage "cannot be seized by tweet."
Residents of villages in eastern Indonesia hit by a deadly earthquake that killed at least 54 people were awaiting aid on Monday as rescuers prepared to comb through collapsed buildings in search of people trapped beneath the rubble.
Kazakhstan has launched a unified digital platform to track coal supplies in real time, giving officials a clearer view of production, shipments, stocks and prices ahead of the heating season.
U.S. President Donald Trump’s push to end the war in Gaza returned to the diplomatic arena on Sunday (16 August), as his envoys met Egyptian, Qatari and Turkish mediators in Cairo while Israeli strikes continued across the strip.
At least 11 people, including three children and two women, were killed in Israeli airstrikes in southern Lebanon on Saturday, according to Lebanese authorities, in one of the deadliest escalations since a U.S.-mediated framework was agreed between Lebanon and Israel.
As the countries of the Turkic world seek deeper economic integration, the Turkic Investment Fund (TIF) is positioning itself as a key financial vehicle for turning political cooperation into tangible development projects.
For fishermen along Pakistan’s southwestern coast, the consequences of the U.S.-Iran conflict are being felt far from the battlefield.
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