Sunday, August 16

Tag: Iran

Iran offers to reopen Strait of Hormuz if US lifts its blockade and the war ends, officials say

Iran has offered to end its chokehold on the Strait of Hormuz in exchange for the US lifting its blockade on the country and an end to the war, while proposing that discussions on the larger question of its nuclear program would come in a later phase, two regional officials say. US President Donald Trump seems unlikely to accept the offer, which was passed to the Americans by Pakistan and would leave unresolved the disagreements that led the US and Israel to go to war on February 28. With a fragile ceasefire in place, the US and Iran are locked in a standoff over the strait, through which a fifth of the world's traded oil and gas passes in peacetime. The US blockade is designed to prevent Iran from selling its oil, depriving it of crucial revenue while also potentially creating...

As tensions escalate in the Strait of Hormuz after US and Iran both fire at ships

The Strait of Hormuz was on lockdown on Monday after a tense weekend in which Iran was accused of attacking two Indian-flagged vessels and the U.S. Marines fired at and seized an Iranian-flagged ship. The escalating tensions over the vital passage for oil and international trade came amid a U.S. naval blockade of the strait and Iran's declaration on Sunday that it had closed the waterway after briefly reopening it. The heightening hostilities over the strait are occurring as Iran announced it will not send negotiators to Pakistan for a second round of peace talks with their U.S. counterparts, including Vice President JD Vance. The sun rises behind tankers anchored in the Strait of Hormuz off the coast of Qeshm Island, Iran, Saturday, April 18, 2026. Asghar Besharati...

US war with Iran hints at limits of ‘Make Europe Great Again’ project, analysts say

President Donald Trump's announcement of a joint U.S.-Israeli surprise attack on Iran in February was met with little enthusiasm in Europe, where leaders were quick to warn of the political and economic turmoil that America's latest Middle East campaign would unleash. Seven weeks on, no European nations have joined the U.S.-Israeli war, despite near-constant pressure from Trump to do so. Some European nations have allowed U.S. forces to continue using key military bases to launch attacks and have taken part in defensive operations to shoot down Iranian munitions targeting regional bases and nations. But there appears to be little appetite for a full and open-ended entanglement with Iran among European voters, even those who support the nationalist, anti-establishment parties that have so...

Trump says US negotiators will be in Pakistan on Monday for talks with Iran

US President Donald Trump says negotiators will head to Pakistan on Monday for talks with Iran, lifting hopes of extending a ceasefire set to expire this week even as Washington and Tehran remain locked in a standoff over the Strait of Hormuz. The prospect of talks on the horizon, which Iran did not immediately confirm, came as ships remained unable to transit the critical waterway amid threats from Iran and a US blockade on ships heading to and from Iranian ports. Iranian officials said earlier on Sunday that they remained open to negotiation, but held firm that ships wouldn't pass the strait while the US blockade remained in effect. President Donald Trump speaks in the Oval Office of the White House, Saturday, April 18, 2026, in Washington. (AP Photo/Julia Demaree Nikhinso...

Trump threat to exit NATO still ‘possible’, warns former aide

Donald Trump's former national security adviser has warned the US president's threat to withdraw from NATO remains on his agenda, despite the alliance pledging to help reopen the Strait of Hormuz. John Bolton was speaking after Trump held highly-anticipated talks at the White House with NATO Secretary-General Mark Rutte. Over past weeks, the US president repeatedly slammed countries in the western alliance for not supporting American military operations against Iran. John Bolton, right was US national security adviser during Donald Trump's first administration. (AP Photo/Evan Vucci, File) (AP) US withdrawal from NATO 'possible' Bolton, who served as national security adviser during Trump's first administration, was asked on Today this morning whether the pr...

Iran war to permanently scar global economy even if peace is reached: IMF

The head of the International Monetary Fund (IMF) has warned the Iran war will cause permanent scarring on the global economy even if the fragile two-week ceasefire holds. In a keynote address yesterday, Kristalina Georgieva said the conflict has reversed the global economy's recent surge, which was driven by the AI boom and tech investment. "In fact, had it not been for this shock, we would have been upgrading global growth," she told attendees in Washington. IMF managing director Kristalina Georgieva delivering a keynote address in Washington yesterday. (IMF) "But now, even our most hopeful scenario involves a growth downgrade. Why? Because of significant infrastructure damage, supply disruptions, losses of confidence, and other scarring effects. "Even in the...
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