Iran-US tensions

Oil soars more than 6% as Trump rules out Iran deal, threatens more strikes

Oil prices had been recovering following a memorandum of understanding signed last month to end the war, but they rose by more than 6% early on Wednesday.

Iran

Trump declares MoU with Iran 'over' as Hegseth cancels trip to Israel

Trump said diplomacy with Tehran was “a waste of time” after renewed attacks around Hormuz, as US defense chief reportedly cancels Israel visit.

Turkey

US revokes Iran oil waiver after Hormuz attacks

The United States had issued the two-month sanctions waiver as part of its preliminary deal with Iran.

Iran

Explainer

Lebanon's latest damage estimate outlines reconstruction challenge

More than 1 million Lebanese residents fled their homes after Israeli attacks in southern Lebanon intensified in March, when Hezbollah entered the conflict.

Lebanon

Russia’s Rosatom says staff to return to Iran’s Bushehr nuclear plant: What to know

Russia evacuated hundreds of personnel from Bushehr after the start of the US-Israel-Iran war, but it has pledged to continue helping Iran develop its nuclear capabilities.

Iran

Oil prices ease as OPEC+ increases production, Hormuz traffic rebounds

Brent crude, the international benchmark, fell 0.15% to $71.87 a barrel as of 8:07 a.m. EDT after dropping as low as $71.09 earlier in the session, its lowest level since before the US-Israel-Iran war began on Feb. 28.

Saudi Arabia

Iran’s hard-line judicial chief Mohseni Ejei gets second term: What to know

The veteran judicial official, who has been sanctioned by the United States and the European Union, has been accused of overseeing widespread human rights violations for decades. His reappointment by Mojtaba Khamenei signals continuity in Iran's hardline judicial policies and crackdown on dissent.

Iran

Analysis

Can a UAE-backed Syria-Iraq corridor become Gulf's next trade route?

On June 26, Emirati and Syrian officials discussed plans for a logistics corridor connecting Syrian ports to Gulf markets via Iraq.

By Jack Dutton

In Bristol, reporting on regional business, climate change, AI, tech

Analysis

Iran set to bury Khamenei, but his hard-line legacy may endure

The elaborate funeral for the late supreme leader is becoming more than a farewell; it serves as a carefully staged test of regime continuity after his decades-long rule.

By A correspondent in Tehran

In Tehran, reporting on politics

Analysis

As US-Iran talks falter, Israel views war outcome as 'total strategic failure’

Israeli officials believe the US failure to attain the kind of agreement with Iran that it originally sought stems from the strategic mistakes made during and after the recent war.

By Ben Caspit

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

Oil falls below $71 as US-Iran talks continue, Gulf exports rebound

Qatar’s Foreign Ministry spokesperson said in an X post on Wednesday that Iran and the United States had made "positive progress."

Iran

Explainer

Saudi FM concludes China visit amid Trump-MBS friction: What to know

Saudi Arabia is still absorbing the war’s security fallout and is widening its circle by leaning more on Beijing as a diplomatic counterweight to Washington and as a partner that can engage Tehran.

China