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The Latest Breaking News from Abbas Araghchi

China has played a key role in the Iran war – and will continue to do so

Donald Trump has paused “Project Freedom”, the US operation aimed at restoring commercial shipping through the Strait of Hormuz. In a post on social media just days after the operation was first announced, Trump said he had made the decision to give US negotiators time to reach an agreement with…

The Conversation

Iran's Revolutionary Guard says passage through Strait of Hormuz will be ensured

Earlier on Wednesday, Trump said the US would pause its mission to escort commercial ships through the Strait of Hormuz barely two days after it began doing so, citing a desire to reach a peace deal.

Euronews

China calls for ‘comprehensive ceasefire’ in Iran war as Beijing intervenes in Middle East conflict

Chinese Foreign Minister Wang Yi has told his Iranian counterpart that China was ‘deeply distressed’ over the war

The Independent UK

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Iran war briefing: Trump pauses ‘Project Freedom’ after just two days

US president Donald Trump has announced he will pause his ‘Project Freedom’ plan to escort ships through the Strait of Hormuz, citing “great progress” toward a deal to end the war with Iran. Iranian president Masoud Pezeshkian said the US is pursuing “a policy of maximum pressure” while also expecting…

The Independent UK

Macron says ‘all parties must lift the blockades’ – as it happened

This blog is now closed

The Guardian - AU

Top Trump advisers urge China to leverage Iran ties to reopen Strait of Hormuz to global traffic

US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent have both expressed a need for China to leverage its tight relations with Tehran to reopen the strategic Strait of Hormuz for “their own interests”.

Euronews

S&P 500 and Nasdaq 100 Post Record Highs on Tech Strength

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +0.81%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.73%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.31%. June E-mini S&P futures (ESM26 ) rose +0.82%, and June E-mini Nasdaq futures...

Barchart

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Crude Oil Prices Retreat as Middle East Tensions Ease

June WTI crude oil (CLM26 ) on Tuesday closed down -4.15 (-3.90%), and June RBOB gasoline (RBM26 ) closed down -0.1176 (-3.15%). Crude oil and gasoline prices settled sharply lower on Tuesday as the ceasefire in the Middle East appears to be holding, easing geopolitical risks. Crude prices retreated as...

Barchart

Crude Oil Prices Tumble as Middle East Ceasefire Holds

June WTI crude oil (CLM26 ) today is down -4.54 (-4.27%), and June RBOB gasoline (RBM26 ) is down -0.1140 (-3.05%). Crude oil and gasoline prices are sharply lower today as the ceasefire in the Middle East appears to be holding, easing geopolitical risks. Crude prices are retreating as relative...

Barchart

Tech Stock Strength Lifts the Nasdaq 100 to a Record High

The S&P 500 Index ($SPX ) (SPY ) today is up +0.74%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.57%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.20%. June E-mini S&P futures (ESM26 ) are up +0.70%, and June E-mini Nasdaq futures...

Barchart

Stocks Climb as Middle East Ceasefire Holds

The S&P 500 Index ($SPX ) (SPY ) today is up +0.64%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.08%. June E-mini S&P futures (ESM26 ) are up +0.62%, and June E-mini Nasdaq futures...

Barchart

'Israel First, America Last', Iran FM Claims US War Costs Have Hit £79B as He Accuses the Pentagon of Lying to Taxpayers

Iran's foreign minister claims the US has understated the cost of the war on Iran, alleging it has cost £79bn, four times the Pentagon's reported figure.

International Business Times UK

Iran leadership crisis: Pezeshkian, Ghalibaf seek FM Araghchi’s removal for 'subservience' to IRGC over president - report

For the first time in 23 years, the U.S. has three aircraft carriers in the Middle East, accompanied by 12 ships and 15,000 soldiers. This significant military presence signals readiness for renewed conflict should the fragile ceasefire with Iran collapse. The deployment occurs amid ongoing diplomatic tensions and Iran's reblocking…

The Times of India

'Our bill has reached $800 million': Shehbaz Sharif says US-Iran war causing major economic blow to Pakistan

Pakistan's economy has been severely impacted by the US-Iran war, with oil import bills skyrocketing and economic progress stalling. Prime Minister Shehbaz Sharif stated that Islamabad will continue its efforts to mediate and restore peace in West Asia, highlighting recent diplomatic breakthroughs and planned future talks.

The Times of India

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We Got This Covered

Trump is done bombing Iran for now, but he’s not backing down. The Wall Street Journal just revealed what he’s preparing to do instead

The talks are stalling.

Euronews

US blockade of Iranian ports aims at 'internal division,' parliament speaker says

Mohammad Bagher Ghalibaf, a powerful figure, has grown in prominence since the start of the war and was the lead negotiator in the so far only round of direct US-Iranian talks.

The Independent UK

The Latest: Talks to end the war in Iran stall as economies feel the impact of rising energy costs

Talks between Iran and the United States on ending the war seemed stalled Wednesday, despite U_S_ President Donald Trump earlier claiming Iran had informed his administration that it was in a “State of Collapse.”

The Mary Sue

Putin just handed Iran a lifeline after Trump’s ‘all the cards’ bluff backfired in the Strait of Hormuz

Russian President Vladimir Putin just threw Iran a diplomatic lifeline as tensions in the Strait of Hormuz threaten to reignite full-scale conflict. During a high-profile meeting in Russia, Putin praised Iran’s “courage” and pledged unwavering support, signaling Moscow’s growing role in shaping the outcome of the standoff. The move comes…

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Evening Standard

Superyacht linked to sanctioned Russian billionaire sails through Strait of Hormuz

The £370 million boat left Dubai on Friday night and arrived at a marina in Oman on Sunday morning

The Times of India

Putin meets Araghchi, praises Iranians for resistance to US

Russian President Vladimir Putin on Monday praised the Iranian people for battling to stay independent in the face of US and Israeli pressure and said Moscow would do all it could to help Tehran. Russia has offered to mediate to try to help restore calm to West Asia following US…

The Independent UK

Iran-US war latest: President shares ‘Strait of Trump’ image after urging Tehran to ‘get smart’ and sign deal

Trump urged Tehran to ‘get smart soon’ and reach an agreement

The Times of India

Putin ally’s $500 million Russian superyacht sails through Strait of Hormuz despite US blockade: Report

A Russian-linked superyacht, Nord, owned by sanctioned billionaire Alexey Mordashov, has successfully sailed through the Strait of Hormuz. This strategic waterway remains a flashpoint amid ongoing tensions, with maritime traffic significantly reduced. The yacht's passage highlights its defiance of sanctions and the complex geopolitical landscape.

The Guardian - AU

Middle East crisis: Iran’s foreign ministry condemns US seizure of Iranian-linked tankers as ‘piracy and armed robbery’ – as it happened

Spokesperson Esmail Baghaei says actions of the United States ‘strike at the heart of international law’ as blockade continues in strait of Hormuz

The Independent UK

Germany’s Merz says Iran is ‘humiliating’ US as Trump weighs Tehran’s latest peace proposal

Iran’s foreign minister said on Monday that Trump only wanted to talk because he had failed all his objectives

We Got This Covered

After having started the Iran war, and then announced a ceasefire, Trump now cancels his envoys trip because ‘we hold all the cards’

We all live by Trump’s whims.

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