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Middleeast

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European stocks wobble as oil swings amid Middle East and Ukraine tensions
business3 hours ago

European stocks wobble as oil swings amid Middle East and Ukraine tensions

European equities edged lower as investors weighed renewed Middle East tensions, Ukraine developments and volatile oil, with the Stoxx 600 slipping while the FTSE 100 rose on mining gains; Brent rose to about $99 a barrel while U.S. WTI traded near $93 after a prior drop. Ferrari slumped following the debut of its first fully electric car, BP fell on governance concerns after removing its chairman, and Kingfisher rose after reaffirming first-quarter guidance. No major economic data were due today as traders monitor geopolitical risks and energy markets.

No rush to end Iran war as Gaza flotilla row roils the region
world6 days ago

No rush to end Iran war as Gaza flotilla row roils the region

Trump says he’s not in a hurry to end the war on Iran as US-Israeli strikes degrade Iran’s capabilities, while Tehran and its allies warn of a broader conflict and IRGC forces report 26 vessels passing through the Strait of Hormuz under escort. The live feed also covers international condemnation of a video showing Gaza flotilla activists, ongoing Israeli domestic politics, Gaza casualty updates, and drone attacks near the Barakah nuclear plant.

U.S. Warships Transiting Hormuz Report Self-Defense Strikes After Iranian Attacks
world18 days ago

U.S. Warships Transiting Hormuz Report Self-Defense Strikes After Iranian Attacks

CENTCOM says three U.S. Navy destroyers passed through the Strait of Hormuz on May 7 without damage after Iranian missiles, drones and boats attacked; the U.S. responded with self-defense strikes against Iranian launch sites and related targets, eliminating inbound threats while signaling no intent to escalate as forces remain ready to protect personnel.

Iran War Heads Toward Negotiated Endgame, Not a Clear Victory
analysis29 days ago

Iran War Heads Toward Negotiated Endgame, Not a Clear Victory

George Friedman argues the U.S.-Israel war on Iran is unlikely to end in a decisive victory or via a ground invasion; airpower alone won’t force surrender, and Iran can endure longer than Washington expects, making a negotiated settlement the most plausible path—potentially brokered by China in exchange for concessions—while the U.S. faces a weak bargaining position and domestic political pressure, and Tehran uses oil-price leverage to its advantage.

Iran floats Hormuz-first deal, delays nuclear diplomacy
world29 days ago

Iran floats Hormuz-first deal, delays nuclear diplomacy

Iran proposes a deal to reopen the Strait of Hormuz and end the war with the United States, with nuclear negotiations postponed to a later stage. The plan would prioritize lifting the blockade and a ceasefire now, while nuclear talks would resume afterward, reflecting internal Tehran debates and ongoing mediation efforts; Washington weighs the proposal as Trump presses to maintain pressure through naval blockade and insists any deal must prevent Iran from obtaining a nuclear weapon.

Iranian FM presses Pakistan to broker longer Iran-U.S. truce
world1 month ago

Iranian FM presses Pakistan to broker longer Iran-U.S. truce

Iranian Foreign Minister Abbas Araghchi met Pakistani leaders in Islamabad for about two hours to push for a longer-lasting Iran-U.S. truce brokered with Pakistan’s help, as U.S. envoys arrived for peace talks; Araghchi said he would travel to Muscat and Moscow, and Iran indicated there would be no direct bilateral negotiations with the U.S., with observations to be conveyed via Pakistan.

Pakistan trip aims to restart Iran talks as US pivots to economic pressure
world1 month ago

Pakistan trip aims to restart Iran talks as US pivots to economic pressure

Eight weeks into US pressure on Iran, Washington shifts from shock-and-awe to sustained economic pressure while sending Witkoff and Kushner to Pakistan to restart talks; Iran says there will be no direct talks with the US and Pakistan is mediating, as regional tensions persist over Hormuz and sanctions on Iranian oil, alongside Palestinian municipal elections in the West Bank and Gaza.

Netanyahu: War With Iran Isn’t Over Yet, Despite Gains
world1 month ago

Netanyahu: War With Iran Isn’t Over Yet, Despite Gains

Prime Minister Benjamin Netanyahu said in a televised address that the war with Iran is not yet over, arguing that Israel has achieved historic gains even as he avoided commenting on weekend U.S.–Iran negotiations. The piece notes a two‑week cease‑fire framework discussed in talks between the U.S. and Iran, ongoing Israeli strikes in Lebanon, and Iran’s continued nuclear and missile programs. Domestic opinion is mixed, with some praising coordination with the U.S. while others question whether the campaign has achieved its strategic aims, and U.S. intelligence doubting the extent of damage to Iran’s capabilities.

Pakistan steps into the spotlight as US-Iran talks loom
world1 month ago

Pakistan steps into the spotlight as US-Iran talks loom

Pakistan helped broker a two-week ceasefire between the US and Iran and is poised to host peace talks in Islamabad, deploying thousands of security personnel as the city braces for negotiations. The diplomacy, led by military chief Asim Munir and backed by Prime Minister Shehbaz Sharif, underscores Pakistan’s role as a trusted intermediary among Washington, Tehran and Gulf states. Yet the outcome remains uncertain: if talks fail, Pakistan could face spillover risks across its borders and domestic economic and political strain as regional tensions intensify.

Ceasefire Confusion: Iran-US Talks Stall Over Lebanon and Hormuz
world1 month ago

Ceasefire Confusion: Iran-US Talks Stall Over Lebanon and Hormuz

Negotiations to end the Iran war are unraveling as both sides dispute the ceasefire terms. Israel’s strikes in Lebanon and conflicting interpretations—Pakistan saying Lebanon is included, Washington and Tehran saying it isn’t—underline a broader disagreement over what was agreed. Rumors of a 10-point plan from Iran and a separate U.S. proposal complicate any path to a durable deal, and control of the Strait of Hormuz remains a contentious leverage point. The result is a fragile truce that’s already facing significant rifts and stalled progress toward a permanent peace.

Oil prices jump on escalation between Iran, Houthis and Israel
business1 month ago

Oil prices jump on escalation between Iran, Houthis and Israel

Oil prices climbed above $116 a barrel as Iran-backed Houthis attacked Israel, signaling a continued escalation of the conflict. Brent rose to about $116.25 and WTI to around $103 as the U.S. expanded its Middle East presence and concerns over Red Sea shipping grew; analysts warn of tighter global oil supplies if the fighting widens, though some expect selective disruptions. U.S. gasoline prices inched toward $4 per gallon.

Iran accuses strikes on its nuclear sites as Israel warns of wider escalation
world1 month ago

Iran accuses strikes on its nuclear sites as Israel warns of wider escalation

Iran says its uranium processing facility in Ardakan and a Khondab heavy-water complex were hit in separate strikes after Israel warned it would escalate; Tehran reports no radioactive leak or casualties. Israel says it attacked targets in Iran, including in or near Tehran, as tensions and threats of broader retaliation rise amid ongoing US-led discussions in the region.

Four Weeks In, Trump’s Iran Clash Leaves GOP Guessing the Endgame
world1 month ago

Four Weeks In, Trump’s Iran Clash Leaves GOP Guessing the Endgame

Four weeks into the Iran conflict, President Trump’s mix of diplomacy talk and troop escalations has left GOP lawmakers frustrated with no clear endgame or victory criteria. Officials keep multiple options open but offer few concrete plans to end the war, as Arab partners push for concessions and oil markets fear supply instability tied to the Strait of Hormuz. The administration has tapped Vice President JD Vance and envoys Witkoff and Kushner to lead negotiations, but questions remain over who would speak for Iran and how success would be measured, prompting warnings from lawmakers about potential ground deployments and political consequences.