US stock markets soar to new records amid Hormuz deal hopes The S&P 500, Nasdaq Composite and Dow Jones Industrial Average are on track for their best five-day performance since April 2025. Iran
Explainer Iran-Oman Hormuz route talks near 'completion': What to know The new framework would give Iran a greater role in managing one of the world’s most strategically important maritime choke points. Oman
Oil falls 5% after Trump calls off Iran strikes, says Hormuz deal agreed Oil prices fell after President Donald Trump said on Sunday that he had suspended planned strikes on Iran following a request from Tehran and other Middle Eastern countries. Iran
Turkey, Pakistan among 14 countries backing Saudi Arabia's anti-Houthi Red Sea alliance Riyadh won political backing from 14 countries for its proposed maritime defense coalition, but members have yet to commit to joining as Washington weighs its position. Saudi Arabia
Analysis How Gulf banks are absorbing Iran war shocks By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Few ships pass Hormuz despite US efforts to break Iran's hold Only four commercial vessels had transited the strait in the 24 hours before Tuesday morning, according to ship-tracking data. Iran
Iran-linked group claims stabbing in Jewish area in London: What to know Harakat Ashab al-Yamin al-Islamiya has been linked to a number of attacks on Jewish targets in Europe, as well as an anti-regime Iranian news outlet. Iran
Why UAE's decision to leave OPEC is major shift for cartel The UAE accounts for 12% of OPEC's output, but tensions had been simmering over intragroup rivalries and the country wanting to export more oil. United Arab Emirates
Turkey’s military spending jumps to $30B, leads Mideast growth in 2025 Newly released data shows Ankara’s military spending hit $30 billion, while Saudi Arabia remained the region’s top spender and Israel’s outlays declined in 2025. Turkey
Pistachios reach highest prices in eight years amid Iran war Pistachio prices rose to around $4.57 a pound in March, their highest since 2018, according to data company Expana. Iran
Iran FM meets Putin, Russia’s military intel chief as talks stall: What to know Iranian Foreign Minister Abbas Araghchi headed to Russia following visits to Pakistan and Oman over the weekend as talks with Washington are at a standstill. Iran
Why did the Met Opera lose its Saudi funding deal? The deal, announced as a nonbinding memorandum of understanding last September, would have seen the PIF inject up to $200 million into the opera institution over the next eight years. Saudi Arabia
Which airlines are cutting flights amid Hormuz fuel disruption? European and Asian airlines have been most impacted by the closure of the Strait of Hormuz, which is throttling jet fuel supplies. Iran
How are Iran-linked tankers still moving through Hormuz blockade? At least 19 Iran-linked tankers have passed through the US blockade on the strait to exit the Gulf while at least 15 have entered, according to the cargo-tracking group Vortexa. Iran
Iran executes 14th person since war over alleged Mossad ties: What to know Iran has carried out multiple executions since the outbreak of the war with the United States and Israel, as it intensifies a crackdown on individuals accused of spying for Israel. Iran
Analysis Gulf energy deals face Iran war stress test as global expansion meets oil shock ADNOC, Aramco and QatarEnergy have aggressively expanded their international portfolios in recent years, a strategy facing new constraints as the US-Israel-Iran war impacts Gulf production and exposes structural risks. By Samuel Wendel In Washington, DC, reporting on regional business and tech
