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AI summaryThe Trump administration has told Congress that hostilities with Iran have 'terminated' due to a ceasefire, arguing the 60-day War Powers Resolution deadline for congressional approval no longer applies. The claim has drawn sharp criticism from Democrats and legal experts, who dispute the interpretation.
AI summaryIranian envoys have reiterated Tehran's preference for diplomatic engagement with Washington, even as they rejected European naval deployments near its coast and asserted that the US 'lost' on the battlefield, as reported by TASS.
AI summaryAs the 60-day deadline set by the War Powers Resolution approaches for the US-Iran conflict, President Trump asserts he does not need congressional authorization to continue military operations, while lawmakers explore legal challenges. The deadline, which falls on May 1, has sparked debate over the limits of presidential war powers and the role of Congress.
AI summaryRussian Deputy Prime Minister Alexander Novak says the global oil market is in deep crisis, with 10-12 million barrels per day not reaching buyers and about 600 million barrels lost since the conflict began. He warns that prices may keep rising if the Middle East situation persists, and confirms an OPEC+ meeting is set for Sunday.
AI summaryFormer prime ministers Naftali Bennett and Yair Lapid have agreed to run on a joint ticket called 'Together' in Israel's upcoming elections, with Bennett at the helm. The alliance seeks to unite the opposition and challenge Prime Minister Benjamin Netanyahu, with Yesh Atid allocated 10 spots on the joint list and remaining an independent party. Polls suggest the new party could secure 24-27 seats, but analysts warn the merger may freeze the political deadlock.
AI summaryAs the Pentagon's official estimate of the Iran war's cost rises to $29 billion, Democratic lawmakers and economists argue the true figure could be hundreds of billions higher. Defense Secretary Hegseth defends the administration's handling amid growing scrutiny over transparency and military readiness.
AI summaryIsraeli naval forces intercepted at least 22 vessels from the Global Sumud Flotilla in international waters near Crete, detaining scores of activists seeking to deliver aid to Gaza. Most were later transferred to Greek authorities on the island, while two remain in Israeli custody. Organisers called the action unlawful piracy; Israel described the flotilla as a provocation.
AI summaryIranian President Masoud Pezeshkian stated that the US naval blockade of Iran is contrary to regional interests and will not help Washington achieve its objectives. He emphasized that security in the Persian Gulf can only be achieved through regional cooperation, while also accusing the US and Israel of causing instability.
AI summaryOn April 8, Israel launched over 100 air strikes across Lebanon in just 10 minutes, killing at least 357 people and injuring over 1,000. Israel claims it targeted Hezbollah operatives, but UN experts and residents describe the attacks as indiscriminate, with civilian casualties mounting. The strikes, part of Operation 'Eternal Darkness,' came amid a fragile US-Iran ceasefire and escalating regional tensions.
AI summaryRussian Foreign Minister Sergey Lavrov said the US-Israeli military campaign against Iran has had a profoundly negative impact on the Caspian Sea, condemning strikes on the Iranian port of Bandar-e Anzali. The statements follow Iranian appeals to regional bodies to condemn the attacks, which have also raised concerns over trade, ecology, and regional stability.
AI summaryIsraeli naval forces intercepted a humanitarian flotilla heading to Gaza in international waters, detaining at least six Australians among 21 boats stopped. The Australian government faces criticism from families of detainees, while Israel's foreign ministry claims contraband was found on board.
AI summaryOperating costs for Hong Kong's industrial and commercial sectors have risen by 50 per cent since the outbreak of the US-Israel war with Iran, according to an oil executive, as the government rolls out diesel and liquefied petroleum gas subsidies. A major cosmetics chain warns that shipping and airfreight costs have climbed by up to 15 per cent, raising fears of price increases on some products.
AI summaryThe United Arab Emirates has officially left OPEC and OPEC+ effective May 1, 2026, a move reported across multiple outlets as a response to ongoing regional conflicts and a shift toward national energy priorities. The decision comes amid significant disruptions to oil flows through the Strait of Hormuz due to the US-Israel war with Iran, with some sources suggesting the move is a rebuke to neighboring states. The UAE has also left OAPEC but remains a member of the Arab League, according to an official statement.
AI summaryPresident Trump said new US strikes on Iran depend on ongoing negotiations, while Tehran warns it is prepared for any scenario and could expand the conflict beyond the Middle East if attacked again. Washington’s counterterrorism strategy signals continued military pressure, even as diplomatic efforts remain stalled.
AI summaryUkraine has formally asked Israel to seize a vessel carrying grain it says was stolen from Russian-occupied territories, sparking a rare public dispute. Israel denies the allegations, saying Kyiv has not provided evidence, while the EU has warned of potential sanctions against entities involved in such trade.
AI summaryDuring a visit to Beijing, Australian Foreign Minister Penny Wong secured a Chinese commitment to facilitate jet fuel supplies to Australia, easing disruptions caused by the Middle East conflict. The move is seen as a first step in stabilizing fuel flows and strengthening bilateral ties.
AI summaryThe U.S. Federal Reserve kept its benchmark interest rate unchanged for a third straight meeting, citing elevated inflation and economic uncertainty from the Middle East conflict. The decision defies President Trump's calls for a cut, with Chair Jerome Powell's term ending soon and a Senate confirmation process underway for his successor, Kevin Warsh.
AI summaryUS President Donald Trump and Russian President Vladimir Putin held a phone call lasting over 90 minutes, discussing the wars in Iran and Ukraine. Trump suggested a temporary ceasefire in Ukraine, while Putin warned of dire consequences if force is used again in Iran and offered help with Iran's enriched uranium. The call was described as 'frank and businesslike'.
AI summaryAs the US-Israel war in Iran disrupts global oil supplies, major energy companies report soaring profits, sparking debate over windfall taxes and the burden on households. BP and TotalEnergies lead with significant earnings jumps, while analysts highlight the broader economic impact on consumers and governments.