live Democrats press Trump to seek Congress approval for Iran war - Friday, 01 May
A senior U.S. administration official says a ceasefire agreed with Iran in early April has effectively ended hostilities for an imminent congressio...
Following U.S. military strikes on Iran, at least two supertankers reversed course near the Strait of Hormuz, reflecting heightened fears of disruption in one of the world’s most vital oil shipping lanes.
Recent U.S. strikes on Iran have raised concerns over the security of the Strait of Hormuz, a key maritime chokepoint through which about 20% of global oil and gas supplies pass. As tensions rise, at least two supertankers temporarily changed course near the strait, according to shiptracking data.
Fears that Iran might retaliate by closing the strait have pushed oil prices to five-month highs and caused tanker freight rates to more than double in a week. Tanker operators are now adjusting routes, pausing near Oman, or minimizing time inside the Gulf.
Meanwhile, shipping activity in the region has decreased—entry of empty tankers into the Gulf has dropped 32%, and departures of loaded vessels are down 27% compared to early May.
Some Japanese and Taiwanese companies said their ships are still transiting the strait but with stricter safety protocols. Iran's parliament has passed a measure to close the waterway, though any action would need approval from its top security body. Historically, Tehran has threatened closures but never implemented them.
A report published by Minval Politika has raised new questions over alleged efforts by Luis Moreno Ocampo to shape international pressure against Azerbaijan and influence political dynamics around Armenia.
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.
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.
Shares in Meta Platforms fell sharply in extended trading on Wednesday after the tech giant raised its annual capital spending forecast by billions of dollars.
A senior U.S. administration official says a ceasefire agreed with Iran in early April has effectively ended hostilities for an imminent congressional war powers 1 May deadline, arguing that the absence of any military exchanges for more than three weeks removes the need for further authorisation.
A 45-year-old man has been charged with attempting to kill two Jewish men in London on Wednesday (29 April).
At a moment when the trade relationship between the world’s two largest economies remains deeply strained, senior officials from Beijing and Washington have resumed direct talks.
Hundreds of protesters and emergency services clashed in a remote Northern Territory town overnight following the arrest of a man suspected of abducting and murdering a five-year-old Indigenous girl, police confirmed on Friday.
A fresh Ukrainian drone strike on Russia’s vital Black Sea port of Tuapse has sparked a massive fire at the sea terminal, local officials confirmed early on Friday.
U.S. passenger air services to Venezuela resumed on Thursday (30 April), as an American Airlines flight landed in Caracas, restoring a commercial link between the two countries after seven years.
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