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Israeli Prime Minister Benjamin Netanyahu met with US President Donald Trump at the White House for the first time since the Iran war began. The closed-door talks focused on the conflict, amid public disagreements and a recent escalation in hostilities.
Apple has become the second company ever to reach a $5 trillion market valuation, overtaking Nvidia as the world's most valuable firm. The shift reflects investor sentiment moving away from AI infrastructure spenders toward companies monetizing AI through consumer products and services. CEO Tim Cook is reportedly set to hand over to hardware chief John Ternus in September.
President Donald Trump publicly questioned Prime Minister Benjamin Netanyahu's decision to announce intelligence on Iran's Pickaxe Mountain site, saying he didn't need Netanyahu to tell him about it. The meeting, held amid growing friction over Israel's actions in Lebanon and the US-Iran diplomatic push, ended without a public appearance or joint press conference.
Oman has presented Iran with a proposal, backed by Gulf states, for joint management of the Strait of Hormuz, including voluntary fees for shipping. The plan aims to end trade disruption caused by the US-Israeli war on Iran, but disagreements remain over mandatory payments and the strait's pre-war status.
PPP Chairman Bilawal Bhutto-Zardari has called for the formation of a truth and reconciliation commission to resolve the ongoing unrest in Azad Jammu and Kashmir (AJK), urging dialogue between the government and protesters. His proposal comes amid JAAC demonstrations against reserved seats in the region's legislature, with elections scheduled for later this month.
US President Donald Trump says 'very friendly negotiations' are ongoing with Iran and expresses hope for a breakthrough, while Tehran denies direct talks. Both sides have held fire for a third straight day, and oil prices dipped amid hopes of de-escalation.
Yemen's Houthi movement has announced a maritime blockade against Saudi Arabia, threatening vessels in the Bab el-Mandeb Strait. The move escalates regional tensions amid the US-Iran conflict and has drawn reactions from Pakistan, while analysts warn of global economic consequences.
Just one in three Americans support the US war with Iran, with most saying President Donald Trump has not clearly explained its goals, according to a Reuters/Ipsos poll. The findings come as other surveys show his approval rating near record lows and public concern over the conflict's economic impact.
Commercial ship traffic through the Bab el-Mandeb Strait dropped by 56% in the week following Yemen's Houthi rebels' announced embargo on Saudi Arabia-linked vessels, according to The National. Separately, Saudi oil shipments via the strait have fallen 36% over two weeks, with 70% rerouted to Yanbu al-Bahr.
The United States and Iran have paused hostilities for a third day, with Qatari and Pakistani mediators working to restart ceasefire talks. Reports indicate diplomatic efforts are underway, though Tehran denies direct negotiations, and the conflict's economic costs are mounting.
US President Donald Trump said he does not believe Russia is providing intelligence to Iran but will ask President Vladimir Putin about the allegations. He also expressed trust in assurances from Putin and Chinese President Xi Jinping that neither country is supplying weapons to Tehran.
Shipping traffic through key Middle East chokepoints has fallen sharply following Houthi attacks on Saudi oil installations, with vessel transits at multi-month lows. Data from Kpler shows a significant decline in the Strait of Hormuz and Bab el-Mandeb, as regional conflict disrupts trade.
Oil prices fell sharply on Monday after the US and Iran paused strikes over the weekend, with Brent crude dipping below $88 a barrel in some trading. The pause has raised hopes of a diplomatic solution, but shipping disruptions in the Strait of Hormuz and the Red Sea continue to keep markets cautious.
Mediators have made significant progress in efforts to bring the US and Iran back to negotiations, according to reports. Iranian officials deny seeking talks, while a US-initiated proposal was conveyed through Oman. Discussions are also underway to ensure safe passage through the Strait of Hormuz.
US President Donald Trump says the United States is in 'deep talks' with Iran and will resume military action if negotiations fail. Washington suspended its air strike campaign on Saturday, but regional reports of drone attacks suggest Tehran is testing the pause.
After nearly two weeks of intense exchanges, the US and Iran have paused military strikes, bringing a measure of calm to the Gulf region and global markets. Oil prices tumbled, and diplomatic channels appear to be reopening, with US officials signaling room for negotiations.
Prime Minister Benjamin Netanyahu departed for Washington for his eighth meeting with President Donald Trump since Trump's re-election, with Iran dominating the agenda amid ongoing hostilities. The visit, which includes attending Senator Lindsey Graham's funeral, takes place against the backdrop of a de facto ceasefire and internal debates in both Washington and Tehran over the conflict's next phase.
Pakistan's KSE-100 index gained more than 7,000 points in intraday trade on Monday, crossing 178,000, as easing US-Iran tensions and falling oil prices boosted investor sentiment. Analysts also see a greater likelihood that the central bank will hold its policy rate.
Iran and the United States have paused their attacks, offering a respite for Gulf shipping and oil markets. Oil prices fell sharply on Monday as investors reacted to the reduced hostilities, while US envoy Mike Waltz said President Trump was giving talks 'some space'.
South Korean stocks closed nearly 1% higher on Monday, driven by a US pause in strikes on Iran that eased Middle East tensions, a drop in oil prices, and a $950 billion tech cooperation agreement between South Korean and US companies.