Oil falls 9.5% in steepest drop in months as Iran, US pause attacks Iran says it is still in control of the Strait of Hormuz and not seeking to resume peace talks with the United States after President Donald Trump halted a two-week bombing campaign. Iran
Analysis How Gulf banks are absorbing Iran war shocks GCC lenders had a strong hand when the Iran war erupted, affording them resilience to shocks, but risks remain. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Oil tops $100 for first time since May after Houthi tanker strikes, Trump threats The Iran-backed rebels said they had targeted two Saudi tankers, the Encelia and the Layla. Yemen
Houthis warn shipping firms to avoid Saudi ports or face attack: What to know The Houthi militia reportedly emailed multiple shipping companies on Tuesday, warning them of the consequences of visiting Saudi ports. Yemen
Analysis Israel hopes for 3 'years of quiet’ under Trump even as Iran nuclear damage estimates vary Conflicting US and Israeli assessments are casting doubt on whether Iran's nuclear sites were damaged or largely destroyed. By Ben Caspit In Tel Aviv, reporting on national security, Israeli politics, defense
Global airlines suspend Middle East flights as Iran-Israel truce frays Dozens of carriers have had to cancel or reroute flights as the conflict in the Middle East continues to escalate. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Trump announces Iran-Israel ceasefire as IRGC targets Qatar's Al-Udeid The US president announced a ceasefire between Iran and Israe would start Tuesday 6:02 p.m. EST (1:02 a.m. Tel Aviv; 1:32 a.m. Tehran Wednesday) after 11 days of fighting. Iran
