News about Iran
Bitcoin rebounded to levels near $74,000 on Friday after falling to a near seven-week low in the previous session. Reports that the U.S. and Iran are close to extending a ceasefire agreement helped improve appetite for riskier assets.
The U.S. and Iran have reached an agreement on a 60-day memorandum of understanding to extend the ceasefire and launch talks on Iran’s nuclear program.
US President Donald Trump has said that no country in the world will be allowed to take control of the Strait of Hormuz.
U.S. President Donald Trump will hold a cabinet meeting on Wednesday, May 27, at his Camp David country residence, where the key topic of discussion will be the situation around Iran and negotiations on a possible end to the conflict.
Iran’s national soccer team will move its training base for the 2026 World Cup from the United States to Mexico’s Tijuana. The decision has been approved by FIFA, said Mehdi Taj, head of the Iranian soccer federation.
White House Chief of Staff Donald Trump said Iranian enriched uranium should be destroyed or immediately handed over to the US.
European stock exchanges went up sharply after the news about a possible deal between the US and Iran. Investors hope that the conflict will be at least partially frozen, which means lower risks for the global economy and the oil market.
The US and Iran have moved closer to the biggest deal since the start of a new round of conflict in the Middle East. According to reports, the two sides have reached an “agreement in principle” to restore shipping through the Strait of Hormuz, a key artery of the global oil market.
US President Donald Trump has asked leaders of several Islamic countries to join peace agreements with Israel if a deal between the US and Iran is reached, Axios reported, citing knowledgeable sources.
US President Donald Trump has said that an agreement with Iran has been “largely reached” and that details will be announced soon. He said that the deal would include the opening of the Strait of Hormuz, but did not disclose details.
The energy shock of the war over Iran is turning into a financial crisis for developing countries. As many as 27 nations have begun urgently accessing World Bank reserve facilities to get quick cash amid soaring fuel prices, supply disruptions and pressure on budgets.
US President Donald Trump’s administration is increasingly relying on informal channels and political appointees in foreign policy, resulting in a weakening of the traditional US diplomatic system.
The US Senate has passed a resolution that would require US President Donald Trump to coordinate any military action with Congress.
U.S. President Donald Trump said he was postponing a planned new strike on Iran on Tuesday at the request of Gulf states because “serious negotiations are now underway.”
The U.S.-Israeli war with Iran has already cost companies around the world at least $25 billion in additional costs. And this amount continues to grow.
Negotiations between the United States and Iran are again in danger of collapse after an exchange of ultimatums. Washington handed Tehran a list of conditions for resuming dialog.
US President Donald Trump held a meeting with key members of his national security team on Saturday, May 16, on the way forward in the war with Iran.
UAE officials confirmed on Sunday that a drone strike caused a fire near the Barakah nuclear power plant in Abu Dhabi’s Al Dhafra neighborhood, stressing that radiation levels remained unchanged and the facility continues to operate as normal.
On Wednesday, the dollar held near a one-week high despite increased uncertainty in the Middle East. Traders analyzed data on inflation in the US, which turned out to be higher than forecasts. Over the past 12 months ending in April, the U.S. consumer price index (CPI) rose 3.8%, the largest annual increase since May 2023. This increase was driven by the oil crisis, which put pressure on prices.
The US Department of Defense is considering changing the name of the military operation against Iran in case of ceasefire violation. The new name of the operation is “Sledgehammer”, the US television channel NBC News reported citing US administration officials.
