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strait of hormuz

War in the Middle East: latest developments

War in the Middle East: latest developments

The latest developments in the Middle East war: - Anxious wait for Iran response to US deal - World capitals and markets were waiting on Thursday for Tehran to respond to Washington's latest proposed deal to end the war in the Middle East and to reopen the key shipping lane

EU weighs options as summer jet fuel threat looms

EU weighs options as summer jet fuel threat looms

How big is the jet fuel threat to Europe's summer holidays? The EU says it is not facing shortages yet, but it is readying for the worst -- and weighing options including using US kerosene as a back-up. The US-Israeli war with Iran and the closure of

Iran denies ship attack as Trump warns of renewed bombing, eyes deal

Iran denies ship attack as Trump warns of renewed bombing, eyes deal

Iran denied on Thursday attacking a South Korean cargo ship in the Strait of Hormuz this week, as US President Donald Trump said a deal to end the war was "very possible" but warned Washington would resume bombing if talks failed. Tehran's embassy in Seoul said

Trump says Iran agrees to no nuclear weapon, claims deal is close

(The Center Square) – A breakthrough deal may be on the horizon between the U.S. and Iran, according to President Donald Trump. During a Wednesday afternoon news conference in the Oval Office, Trump indicated that Iran has agreed not to have a nuclear weapon – a stipulation in a deal between

Oil prices tumble, stocks rally on Mideast peace hopes

Oil prices tumble, stocks rally on Mideast peace hopes

World oil prices dived Wednesday and stock markets rallied on fresh hopes for an end to the Iran war. US President Donald Trump said he believed a deal with Iran was "very possible", but threatened to resume his bombardment of the country if negotiations fell apart. International oil

Trump's Iran objective moves from 'surrender' to nuclear deal

(The Center Square) – In seven weeks, President Donald Trump's stated objective toward Iran has shifted from "unconditional surrender" to a negotiated nuclear deal. The administration has not explained the change. On March 6, six days after attacks against Iran started, Trump posted on Truth Social that

French aircraft carrier pre-positions for possible Hormuz mission

French aircraft carrier pre-positions for possible Hormuz mission

France's aircraft carrier the Charles de Gaulle was on Wednesday heading towards the southern Red Sea to pre‑position for a possible mission to restore navigation in the Strait of Hormuz, Paris said. The move was intended to send "a signal that not only are we ready