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Iran has denied that negotiations with the United States are underway, contradicting President Donald Trump’s announcement of a new round of talks. Tehran says it is in discussions with Oman over a temporary safe route through the Strait of Hormuz, while oil prices fell on hopes of a deal.
Analysts warn that the threat to oil tankers in the Middle East is at its worst since the Iran war began, as attacks in the Red Sea compound the ongoing closure of the Strait of Hormuz. Iraq's main port of Umm Qasr has come to a standstill, and shipping traffic through the strait has dropped dramatically.
Iran's foreign minister says negotiations with Oman over a new shipping route through the Strait of Hormuz are in their final stages, while Tehran insists the waterway will not revert to its pre-war status. A proposed Omani-Iranian joint company could manage maritime services under one plan. The US has not been part of these talks, which are seen as a precondition to broader agreements under the June ceasefire memorandum.
US President Donald Trump announced that new negotiations with Iran will begin on Monday after he cancelled a planned large-scale military attack. Iran has denied holding direct talks with the US, saying it is only speaking to Oman about control of the Strait of Hormuz, where the two countries have agreed on shipping route coordinates.
US President Donald Trump said he postponed military strikes against Iran at the request of Gulf allies including Saudi Arabia, Qatar, and the UAE, citing an emerging deal. Talks are set for August 3, but Iranian officials have disputed the claims.
US President Donald Trump announced that negotiations with Iran will begin on Monday afternoon, after he called off planned military strikes. Trump said Saudi Arabia, the UAE, Qatar, and Iran had asked him to hold off, citing a potential deal involving the Strait of Hormuz and Iran's nuclear program. Iran has not officially responded, and oil prices fell following the announcement.
Seven OPEC+ countries agreed to increase combined oil production by 188,000 barrels per day in September 2026, a move aimed at market stability. Nigeria, not part of the voluntary adjustment group, will maintain its current production strategy. Russia's quota will rise by 62,000 bpd, and the next OPEC+ meeting is set for September 6.
US President Donald Trump announced he has cancelled a planned attack on Iran, saying the 'perimeters of a deal' have been agreed. The decision followed a phone call from Saudi Crown Prince Mohammed bin Salman, who warned against escalating military operations. The potential deal would include the opening of the Strait of Hormuz and an end to Iran's nuclear threat.
US President Donald Trump says he will hold off on new strikes against Iran, citing emerging deal parameters that include reopening the Strait of Hormuz and ending Iran's nuclear threat. Reports also suggest Trump has ordered a fresh attack that could begin this weekend, with sources describing mutual frustration over an existing memorandum of understanding.
President Trump says the US and Israel have agreed to halt new attacks on Iran if a deal can be reached rapidly, citing a request from Iran and regional countries. Iran denies asking for a halt and says it remains on high alert, while the Strait of Hormuz stays shut and diplomatic efforts continue.
US embassies across the Middle East warned American citizens to beware of an 'unforeseen escalation' and urged them to be ready to leave, a day after President Donald Trump threatened to hit Iran 'hard'. Iran's military accused Washington of escalating tensions and warned countries against cooperating with the US, while regional incidents, including a drone strike on a US-owned vessel, added to the fraught atmosphere.
President Donald Trump's media company has launched a paid service on Truth Social giving subscribers early access to posts from prominent accounts, including Trump's, for up to $100,000 a month. Critics say the move raises insider trading and ethics questions, while the company defends it as a free-market distinction between public and non-public information.
US President Donald Trump announced he called off a massive attack on Iran after being asked by Tehran and other Middle Eastern countries, and called for an immediate deal. Iranian military officials denied requesting a halt, saying forces are at the highest readiness. Israel reportedly backed the US commitment.
Iran has warned Gulf states that any new US attack on its territory would trigger retaliation against energy infrastructure across the region, as Tehran seeks to raise the cost of military action. The warning was delivered through high-level diplomatic contacts, including calls by Foreign Minister Abbas Araqchi, and follows US threats of fresh strikes.
Saudi Crown Prince Mohammed bin Salman asked US President Donald Trump to reconsider potential large military strikes on Iran during a phone call, according to a report. Israel has raised its alert level amid fears that renewed US strikes could trigger attacks on Israel, while regional countries urge de-escalation.
US President Donald Trump has threatened additional strikes on Iran as the United States presses for the reopening of the Strait of Hormuz. Iranian retaliatory attacks on US allies in the Gulf continue, with Kuwait responding to drone strikes and the US State Department issuing security alerts for Americans in 10 countries.
As Benjamin Netanyahu and Volodymyr Zelenskyy converge on Washington, their visits reflect a world in flux. Zelenskyy appears in ascendance, while Netanyahu's star has fallen, with Trump's erratic leadership reshaping alliances and priorities.
A drone strike on Egypt's Damietta port caused fires on two vessels, marking the first attack of its kind on Egyptian territory as regional conflict intensifies. While no one was injured, the incident has raised concerns about maritime security and potential implications for the Suez Canal. Investigations are ongoing, with suspicions of Houthi involvement, but no group has claimed responsibility.
Yemeni sources told The Guardian that Saudi Arabia is preparing a major military offensive against the Houthis by sea and possibly by land, aiming to break the Houthi chokehold on Red Sea oil shipping. Reports describe Saudi troop movements in eastern Yemen, discussions over an operation against Al-Bayda, and efforts to build a multinational maritime defense coalition.
Yemen's Houthi rebels have declared a maritime blockade on Saudi Arabia, targeting ships carrying Saudi exports through the Bab el-Mandeb Strait. The move has heightened tensions in the region, with the US warning of 'major military punishment' and experts concerned about a return to all-out war.