The US president's decision marked the second time in as many weeks he has backed off a threat to escalate the war, buying more time

LONDON, May 7 (Reuters) - Oil prices extended losses on Thursday, sliding around 2% to below $100 a barrel on renewed hopes for a U.S.-Iran peace deal that could bring a gradual reopening of the Strait of Hormuz. Brent crude futures fell $1.95, or 1.93% ...

Hostilities between the U.S. and Iran have ramped up in the last 48 hours. The U.S.' bid to re-open the Strait of Hormuz, dubbed "Project Freedom," was nicknamed "Project Deadlock" by Iran. The U.S. said Monday that it sank several Iranian boats in the ...

US vice-president says Iran must agree to never have a nuclear weapon; Tehran warns US against resuming hostilities

Violence erupted after Turkish police stormed the headquarters of the main opposition CHP party in Ankara. Published On 24 May 202624 May 2026 Iran recounts historic battles in response to Trump’s talk of agreement Iran cites battles from history in response to Trump’s latest comments on an imminent deal between the US and Iran. As millions of Muslims gather in Mecca, Palestinians in Gaza face a third year of heartbreak as Israel has shut border.

The White House says Donald Trump is "satisfied" with the blockade of Iran's ports, which Tehran's top negotiator calls a violation of the ceasefire.

President Donald Trump’s emerging deal to end the Iran war is drawing heavy criticism from some fellow Republicans