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May 12, 2026

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A picture taken on March 12, 2017, shows an Panamanian tanker docking at the platform of the oil facility in the Khark Island, on the shore of the Gulf.

Breaking | Last Updated: May 11, 2026, 4:31 pm

US hits China-linked Iran oil trade with sanctions ahead of Trump trip

The sanctions come after the United States rejected Iran's latest proposal to end the war.

PALM BEACH, FLORIDA - MAY 2: U.S. President Donald Trump speaks to journalists before boarding Air Force One at Palm Beach International Airport on May 2, 2026 in Palm Beach, Florida. Trump is spending the weekend at his Mar-A-Lago resort. (Photo by Roberto Schmidt/Getty Images)

Trump calls Iran response 'piece of garbage,' set to meet military advisers

A US Navy nuclear submarine reached port in Gibraltar on Sunday in an unsubtle signal from the Pentagon.

Ronen Zvulun / AFP via Getty Images

Netanyahu fears being left out as Trump pursues Iran diplomacy

Prime Minister Benjamin Netanyahu said he was not surprised by President Donald Trump’s suspension of Project Freedom and move toward talks with Iran, but analysts say Washington may not be fully weighing Israel's concerns in negotiations with Tehran.

Latest News

China’s overland trade routes offer Iran wartime economic lifeline: What to know

CN-STR / AFP via Getty Images

Analysis

Why Iran's wartime behavior risks lasting rupture with Gulf states

A woman walks past a banner featuring Iran's late supreme leaders, Ayatollah Ruhollah Khomeini (L) and Ayatollah Ali Khamenei (C), next to newly elected Supreme Leader Ayatollah Mojtaba Khamenei, in Tehran on April 19, 2026.

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

Analysis

CIA report on Iran missiles undercuts Netanyahu as war euphoria dissipates

Traffic passes a billboard depicting Iranian ballistic missiles in service, with text in Arabic reading "the honest [person's] promise" and in Persian "Israel is weaker than a spider's web," Valiasr Square, Tehran, April 15, 2024. ATTA KENARE/AFP via Getty Images.

In Tel Aviv, reporting on national security, Israeli politics, defense

US strikes Iran tankers as UAE reports fresh missile, drone attacks

Getty

Elizabeth Hagedorn

Diplomatic Correspondent

In Washington, DC, reporting on diplomacy, regional politics, human rights

Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

A correspondent in Tehran

In Tehran, reporting on politics

Benjamin Houghton

In Durham, reporting on China in the Middle East

Rahim Rahimov

In Baku, reporting on Middle East-Caucasus ties

Mehrnaz Samimi

In Washington, DC, reporting on Iranian culture

Erdogan's Libya strategy: Jump first, think later

By openly taking sides in Libya, Turkey could end up undermining the clout it believes it has gained in that country.

U.S. Army soldiers from 1st Brigade, 25th Infantry Division, Task Force-Iraq, man a defensive position at Forward Operating Base Union III in Baghdad, Iraq, December 31, 2019. U.S. Army/Staff Sgt. Desmond Cassell/Task Force-Iraq Public Affairs/Handout via REUTERS. THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. - RC2P6E96MAPN

Pentagon steers away from brain trauma diagnoses after Iranian strike

Donald Trump downplayed the injuries of US troops stemming from an Iranian missile strike.

A general view of Abadan oil refinery in southwest Iran, is pictured from Iraqi side of Shatt al-Arab in Al-Faw south of Basra, Iraq September 21, 2019. REUTERS/Essam Al-Sudani - RC156ACB6840

Intel: Iraq bank set to halt Iran gas transfers as US sanctions waiver expires

The Trade Bank of Iraq is expected to stop processing payments to Iran if US sanction exemptions expire next month.

U.S. President Donald Trump meets with Iraq's President Barham Salih during the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 22, 2020. The Presidency of the Republic of Iraq Office/Handout via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. - RC20LE9BTG35

Iraq president calls for restraint after meeting Trump in Davos

Stressing the need for reforms to address youth unemployment and security, Iraqi President Barham Salih said "this is not time for another conflict" after meeting with his US counterpart in Davos.

A view shows a new S-400 "Triumph" surface-to-air missile system after its deployment at a military base outside the town of Gvardeysk near Kaliningrad, Russia March 11, 2019. Picture taken March 11, 2019. REUTERS/Vitaly Nevar - RC11938EDE40

Will Russia provide missiles to 'close the entire sky' over Iran?

Given the recent escalation in tension between Tehran and Washington, Moscow is examining ways to possibly beef up Iranian military capabilities.

‘Pro bono’ lobbyists bet on regime change payday

Unpaid lobbying contracts can lead to lucrative connections by helping the right people get into power.

EDITORS' NOTE: Reuters and other foreign media are subject to Iranian restrictions on their ability to report, film or take pictures in Tehran.

Members of Iran's Basij militia march during a parade to commemorate the anniversary of the Iran-Iraq war (1980-88), in Tehran September 22, 2010. Iranian leaders hoping to lift morale at a time of rising prices, food shortages and threats of attack from Israel, are drawing on memories of another era when people united against a common foe: Saddam Hussein's Iraq. P

IRGC officer gunned down in Iran's southwest

Unknown gunmen have shot dead the commander of a local branch of Iran's Islamic Revolutionary Guard Corps in the country's southwest.

Palestinian Hamas militants take part in an anti-Israel military show in the southern Gaza Strip November 11, 2019. REUTERS/Ibraheem Abu Mustafa - RC2Z8D9ZR40Q

Gaza developments portend military escalation with Israel

Israel's political impasse is expected to affect the Palestinians' situation in the Gaza Strip, and Israeli intelligence believes new military confrontations will erupt as the security and humanitarian situation there continues to deteriorate.

A man holds a picture of late Iranian Major-General Qassem Soleimani, as people celebrate in the street after Iran launched missiles at U.S.-led forces in Iraq, in Tehran, Iran January 8, 2020. Nazanin Tabatabaee/WANA (West Asia News Agency) via REUTERS ATTENTION EDITORS - THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY - RC2JBE917CLC

Donald Trump, the 'divine gift' to Iranian hard-liners

Iranian President Hassan Rouhani, who had advocated diplomacy with the West, has lost public support after the United States' assassination of Gen. Qasem Soleimani, giving hard-liners an opening they can easily exploit.

The Reformist push for Rouhani's resignation

Iran's Reformists have proposed that President Hassan Rouhani step down, but, surprisingly, hard-liners have opposed the idea.

Are we seeing the calm before the storm in the Gulf?

The Gulf states need calm for economic growth and security, but it all depends on what the United States and Iran do next.

OSAKA, JAPAN - JUNE 29: (RUSSIA OUT) Saudi Arabia's Prince and Defence Minister Mohammad bin Salman al Saud speeches during a bilateral talks at the G20 Osaka Summit 2019, on June 29, 2019 in Osaka, Japan. Vladimir Putin has arrived to Japan to partcipate the G20 Osaka Summit and to meet U.S.President Donald Trump. (Photo by Mikhail Svetlov/Getty Images)

How Soleimani’s slaying could affect Iran-Saudi ties

The US killing of Iran’s revered Quds Force commander Qasem Soleimani could pose serious security repercussions for Saudi Arabia.