Analysis Egyptians in for another expensive Ramadan despite recovering economy Egyptians tend to spend more during the Islamic holy month relative to the rest of the year, but high inflation and low wages have reduced their purchasing power. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Iran FM says agreement on 'guiding principles' reached in talks with US The latest round of negotiations came after President Donald Trump warned of potential consequences for Iran should no agreement be reached. Iran
Iran to close parts of Hormuz Strait for few hours during military drill, Fars news agency says Reuters
Analysis Israel concerned Iran trying to buy time but sees US strikes as still possible “We don’t yet know what happened there and hope that the Iranians didn’t string the American team along in order to buy time. The gaps between the sides are enormous and cannot be bridged," a senior Israeli official told Al-Monitor. By Ben Caspit In Tel Aviv, reporting on national security, Israeli politics, defense
Iran’s IRGC begins naval drills in Strait of Hormuz on eve of US-Iran talks The drills come as a second US carrier is heading to the region amid US President Trump’s threats to use military force if Tehran does not agree to restrictions on its nuclear program during indirect negotiations mediated by Oman. Iran
