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President Trump says he is 'very disappointed' in Kurdish groups, accusing them of keeping weapons meant for Iranian protesters. Yet sources tell the Jerusalem Post that Trump himself vetoed a Kurdish-led uprising plan, a claim that adds a new layer to an already complex and contradictory narrative.
UK government borrowing costs rose on Monday as Prime Minister Keir Starmer's speech failed to calm bond markets amid concerns over political instability and inflation. The IMF urged Britain to continue reducing its deficit, while investors remain worried about a potential Labour leadership challenge and its implications for fiscal policy.
The World Jewish Congress commemorated its 90th anniversary in Geneva, where leaders warned of rising antisemitism and urged a strengthened bond between Israel and Diaspora Jewry. President Ronald S. Lauder called for shifting resources toward Jewish education, while Swiss President Guy Parmelin addressed a commemorative gala.
Hong Kong's residential property market shows signs of robust recovery, with major financial institutions upgrading forecasts. However, intensifying land auctions and the risk of overpaying present long-term challenges for developers.
French President Emmanuel Macron has arrived in Kenya for the Africa Forward Summit, a two-day event aimed at renewing France's engagement with Africa. The summit, co-hosted by Kenyan President William Ruto, focuses on economic development, innovation, and cross-border investment. It marks France's first such forum in an English-speaking African country.
South Korea has begun accepting applications for a second round of cash assistance targeting the bottom 70% of income earners, about 36 million people, to ease financial strain from rising fuel prices amid the Middle East conflict. Eligible individuals in the broader Seoul area receive 100,000 won, while those in depopulating areas may receive up to 250,000 won. The government is also addressing errors that excluded some military personnel from the payments.
South Korean Defense Minister Ahn Gyu-back met with US Defense Secretary Pete Hegseth in Washington to discuss the transfer of wartime operational control and nuclear-powered submarines. While Seoul seeks to retake OPCON before 2030, US officials have suggested a later timeline, though a senior South Korean official downplayed the differences.
Oil prices have been volatile after President Trump called Iran's response to US peace terms 'totally unacceptable,' only to later signal progress toward an agreement. Brent crude rose sharply, then fell as hopes for a deal emerged, while the Strait of Hormuz remains effectively closed.
American expert Mark Episkopos says European leaders could join Ukraine peace talks if they engage constructively, but the White House does not expect them to change their approach. Russian military correspondent Yevgeny Poddubny accuses European globalists of obstructing President Trump's initiatives to end the conflict.
US President Donald Trump is set to visit China to discuss the Iran war and other issues with Chinese President Xi Jinping, with US officials signaling they will press Beijing to do more to pressure Tehran. Analysts suggest China may seek concessions, possibly over Taiwan, in exchange for its help.
Iran has submitted its response to a US proposal to end the ongoing conflict through Pakistani mediators, according to Iranian state media. The talks are reportedly focused on ending hostilities, with negotiations also addressing the Strait of Hormuz and a possible interim agreement.
Prime Minister Shehbaz Sharif and Qatar's Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani held a phone call to reaffirm their commitment to regional peace and stability. The leaders discussed the evolving regional situation, with both sides supporting ongoing diplomatic efforts, including the Pakistan-brokered US-Iran talks. The conversation also touched on the upcoming visit of Qatar's emir to Pakistan.
Relative calm has returned to the Strait of Hormuz after days of naval clashes, with Washington awaiting Tehran’s response to a US peace proposal. Iran has questioned the seriousness of American diplomacy, while US officials say they expect a reply soon.
Iran's army spokesman says countries imposing sanctions on Iran will face obstacles transiting the Strait of Hormuz, as Tehran establishes a 'new legal and security system' in the strategic waterway. The warning comes amid ongoing US-Iran strikes and while Saudi Aramco reports a surge in profits due to higher energy prices.
Iran’s Islamic Revolutionary Guard Corps has warned it will attack US sites and ships if Iranian tankers come under fire, following US strikes on two tankers in the Gulf of Oman. Washington awaits Tehran’s response to a proposed peace deal, while satellite images show an oil slick near Iran’s Kharg Island and violence continues on the Lebanon front.
A year after the US-brokered ceasefire between India and Pakistan, analysts and officials say the promised peace process has not materialized. Pakistan's Bilawal Bhutto Zardari calls for dialogue, while analysts point to deep mistrust and unresolved core issues.
TASS reports that global oil stockpiles are shrinking at a record pace due to the Middle East conflict and restrictions in the Strait of Hormuz, with Morgan Stanley and Goldman Sachs providing estimates of the decline. The reports highlight the risk of sharper price spikes and shortages as strategic reserves are coordinated to contain price growth.
Pakistan's Finance Minister Muhammad Aurangzeb reiterated confidence in the country's economic recovery despite regional tensions, citing growth in manufacturing, exports, and remittances. The government also assured uninterrupted fuel supply amid concerns over rising oil prices. Meanwhile, EU officials praised Pakistan's role in de-escalation efforts and discussed enhancing trade ties.
Britain is deploying the destroyer HMS Dragon to the Middle East, where it could join a UK- and French-led multinational effort to protect shipping in the Strait of Hormuz once conditions allow. The strictly defensive mission, championed by Sir Keir Starmer and Emmanuel Macron, comes as a US-Iran ceasefire holds without a lasting settlement. France has also positioned its carrier strike group in the southern Red Sea.
Peter Magyar, leader of the Tisza party, has been elected and sworn in as Hungary's prime minister, following a landslide victory in April's parliamentary elections. The new government, comprising 16 ministers, marks the end of Viktor Orban's 16-year tenure. Magyar has pledged to fight corruption, restore rule of law, and repair ties with the EU.