US sanctions law firm based in Panama, Greece over Iran shipping ties The Treasury Department accused Karnakis and Karnakis of registering shipping companies linked to Iran's so-called shadow fleet. Iran
Gulf oil exports surpass prewar levels despite escalating tanker attacks According to data from Kpler, oil shipments through the Strait of Hormuz and alternative routes across the Middle East averaged more than 24 million barrels a day last week, surpassing prewar levels of 23.3 million. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Analysis How Lavrov's Tehran visit tests limits of Russia's influence over Iran As Tehran looks for an off-ramp from renewed conflict, Moscow is positioning itself as a diplomatic partner while pushing Iran to deliver on long-delayed economic deals. By A correspondent in Tehran In Tehran, reporting on politics
IRGC claims it downed US drone, set two tankers ablaze near Hormuz Iran has stepped up attacks on commercial shipping in the Strait of Hormuz in recent weeks. Iran
Analysis Deal or war? Israel fears fallout from Trump’s next move on Iran By Ben Caspit In Tel Aviv, reporting on national security, Israeli politics, defense
US issues more Iran sanctions as Trump says strikes will resume The sanctions are the latest to target Iran's weapons procurement networks. By Elizabeth Hagedorn In Washington, DC, reporting on diplomacy, regional politics, human rights
Suez Canal traffic soars as Hormuz disruptions reroute energy trade The canal generated $419 million in revenue in April, up 27% year over year. Egypt
US sanctions network smuggling Iranian LPG as talks falter The sanctions come as President Donald Trump has offered mixed signals on prospects for a deal. United States
As Iran seeks leverage, can US enforce Lebanon-Israel ceasefire? The US-brokered ceasefire plan is already showing cracks. Lebanon
Iran's covert nuclear risk higher after war as IAEA access constrained: Report Iran is estimated to possess about 440.9 kilograms, approximately 972 pounds, of uranium enriched to 60% purity, just below the 90% level considered weapons-grade. Iran
After Gulf attacks, Rubio faces pushback on 'war is over' claim Secretary of State Marco Rubio said the latest US strikes on Iran are "completely defensive." Iran
UAE eyes first multifuel pipeline as Hormuz crisis drags on State-owned Abu Dhabi National Oil Company is considering building a refined oil products pipeline that bypasses the Strait of Hormuz. United Arab Emirates
Rubio says Mojtaba Khamenei alive, ‘increasingly engaging’ with intermediaries The top US diplomat said Iran’s uranium stockpile and enrichment levels are “highly technical matters” that could take months to resolve. United States
Iran suspends US talks over Israel’s Lebanon escalation, state media reports: What to know Iran’s Tasnim News Agency also said Tehran could "activate other fronts," including closure of the Bab el-Mandeb Strait. Iran
Container rates climb as logistic firms scale up Hormuz alternatives The Drewry World Container Index measuring container shipping prices has soared by more than 40% since the start of the US-Israel-Iran war. United Arab Emirates
As US and Iran near deal, Trump confronts familiar dilemma It's unclear whether President Donald Trump will take the off-ramp as fellow Republicans rail against an interim deal that wouldn't immediately address Iran's nuclear program. Iran
Explainer From China to Qatar: Where Iran’s frozen assets are held Tehran is reportedly demanding some $24 billion in frozen funds be unblocked as part of a peace deal with the United States. Iran
