News about Iran
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.
US President Donald Trump has rejected Iran’s response to the American plan to end the war. Trump’s quick response led to a sharp rise in oil prices.
Iran’s record-long internet outage is hitting private businesses hard. Business owners warn that it could lead to mass layoffs and business closures. Losses from lack of access “to the net” are estimated in the billions of dollars.
Donald Trump has once again said that the US has defeated Iran and hinted at striking the Islamic republic with nuclear weapons if an agreement is not reached. He said this during his visit to the National Mall in Washington, D.C., where he was touring the newly renovated Reflecting Pool at the Lincoln Memorial.
US President Donald Trump has said that Washington has had successful talks with Iran and it will soon be possible to reach an agreement.
The cargo ship was struck by a missile in the Persian Gulf area, with several crew members injured.
Oil prices are down for a second straight day amid expectations of a resumption of crude supplies from the key Middle East region, after US President Donald Trump hinted at a possible peace deal with Iran.
The United States sharply increased its oil exports and actually became the world’s number one supplier. The restrictions in the Strait of Hormuz also reduced Saudi Arabia’s exports and changed the balance of the global market.
US President Donald Trump has promised that Iran will be “wiped off the face of the earth” if the Iranians attack US ships participating in Project Liberty, a US initiative to escort merchant ships stranded in the Strait of Hormuz.
Operation Project Freedom began this morning in the Persian Gulf. On the personal orders of President Donald Trump, U.S. and international coalition forces began removing hundreds of foreign ships trapped in the largest maritime crisis of the decade.
A political standoff is escalating in the U.S. over President Donald Trump’s authorization for a military operation against Iran.
Iran’s Central Bank and the IRGC are using the country’s largest crypto exchange to convert dollars. A Reuters investigation found that it processed transactions worth tens and hundreds of millions of dollars related to sanctioned groups, including the Central Bank of Iran and the powerful Islamic Revolutionary Guard Corps (IRGC).
U.S. and Russian Presidents Donald Trump and Vladimir Putin had a phone conversation on April 29 that lasted more than an hour and a half.
According to the Wall Street Journal, U.S. President Donald Trump has instructed his aides to prepare for a prolonged blockade of Iran amid demands for Tehran to make concessions on the nuclear issue.
US President Donald Trump, during a meeting in the Situation Room, expressed dissatisfaction with Iran’s new initiative to restore navigation in the Strait of Hormuz and end the war.
U.S. President Donald Trump said on April 26 that Iran has about three days before the Islamic Republic’s oil pipelines explode due to clogging.
The war in Iran has many facets. The world economy is cracking at the seams due to rising prices for energy, fertilizers, food – and on down the chain.
