World capitals and markets are awaiting Tehran's response to Washington's latest proposed deal to end the war in the Middle East and to reopen the key shipping lane out of the Gulf. Asian stocks soared, and oil prices fell after US President Donald Trump said once again that an agreement could be near after positive talks, and Iran said it would pass
Iran said it was reviewing the latest American proposals on ending the war, as U.S. President Donald Trump threatened the country with a new wave of bombing unless a deal is reached that includes reopening the crucial Strait of Hormuz to international shipping. Hope that the two-month conflict could soon end buoyed international markets on Thursday,
U.S. President Donald Trump threatened Iran with more bombing Wednesday if it doesn't reopen the Strait of Hormuz after a report that an agreement is emerging to end the war. Trump posted on social media that the war with Iran could soon end and oil and natural gas shipments could restart. But that all depends on Iran accepting a reported agreement
The United States will pause escorting commercial ships through the Strait of Hormuz barely a day after it began doing so, President Donald Trump said, citing a desire to reach a peace deal with Iran. Despite military clashes in the strait in recent days, Trump said "great progress has been made" towards a deal and that the ship-guiding operation "will
Iran's powerful chief negotiator warned the United States against any further escalation in the Strait of Hormuz, after a spate of attacks risked reigniting the Middle East war. The US military said its Apache and Seahawk helicopters hit six Iranian boats threatening commercial shipping and its forces repelled missile and drones on Monday, while the
An American frigate was hit by two missiles as it entered the Strait of Hormuz on Monday, Iran has claimed. But a senior US official has denied the claim, according to Sky News. Iran's Fars news agency reported that two missiles hit a US warship near Jask Island after it ignored Iranian warnings. If confirmed, the strike would be the most serious breach